While heads of other EU states may have made official statements to the effect that they are sorry the UK is leaving the EU, it clearly didn’t take too long before at least some countries realized that it could be of benefit to them. Shortly after the result was announced, […]
Scotland and the North Lead UK in Rental Growth
Scotland and the North of England delivered the UK’s highest levels of rental growth in the final stages of 2016, it has emerged. Kuflink, a peer-to-peer lending specialist, examined both rents and house prices for 50 UK locations and found that the upper end of the country was decidedly leading […]
Post-Brexit Property – Protecting Investments
For years the Conservative party has been the party of home ownership, as epitomized in Margaret Thatcher’s enthusiastic championing of the right-to-buy scheme. While home ownership remains a plank of Conservative policy, the government’s White Paper of February this year “Fixing our broken housing market”, shows a significant increase in […]
Does Article 50 Change Anything?
Prime Minister Theresa May yesterday triggered Article 50 as Britain confirms its request to depart from the EU, but will the latest events have a consequential negative effect on the property market? Will it potentially be positive news for UK property and the country’s economy? Or will it neither bust […]
Manchester Tops House Price Growth
A latest report by Hometrack suggests that Manchester leads the way in house price growth in a table covering the UK’s 20 biggest cities. We have known for a while now that Manchester is thriving thanks to modernisation of the city, enhanced infrastructure, large regeneration projects, increased tourism, arts, culture, […]
Private Residence Relief For Landlords
Property Tax Insider looks at the mechanics of capital gains tax private residence relief, and how residential property landlords may be able to claim relief. With landlords facing capital gains tax (CGT) rates of 18% and/or 28% on the disposal of residential properties, this article considers the availability of private residence […]
What does the Budget mean for property?
The Chancellor of the Exchequer, Philip Hammond, has delivered his first and last Spring Budget. If you’re a landlord, a homeowner, you’re saving to get on the property ladder, or you’re renting in London, read Portico London estate agent’s summary of how the Budget will affect you… I’m a landlord […]
Landlords urged to check EPC ratings or risk losing income
Private rental landlords across England and Wales could find their properties classed as ‘unrentable’ from April 2018 unless they take swift action, according to a leading solicitor. The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015, due to come into force on April 1, 2018, will make it […]
Landlords: Should You Set Up A Company For Your Buy-To-Let Property?
Landlords across London will be considering setting up a limited company to negate the tax hit coming into effect in April – but is this the more profitable option? Portico London estate agents have put together some worked examples and shared their thoughts on whether they think landlords should incorporate […]