Shock extra buy to let stamp duty announced

George Osborne has announced a shock additional 3.0 per cent stamp duty on second homes and buy to let properties. Details are still being released by the Treasury but in his Autumn Statement, Osborne announced that this additional tax would raise at least £1 billion...

Buy-to-let mortgages to be overseen by BoE

Growth in the buy-to-let sector could soon come to a very abrupt end if the Chancellor George Osborne presses ahead with plans to regulate those mortgages available to landlords. The Chancellor announced late last week during a Treasury Committee hearing that he...

Right to Rent Start Date Announced

The Government has announced that from 1 February 2016 all private landlords in England will have to check new tenants have the right to be in the UK before renting out their property. Under the new rules, landlords who fail to check a potential tenant’s ‘Right to...

Smoke and Carbon Monoxide Alarm (England) Regulations passed

Despite concerns from a number of MPs, Lords and industry organisations including ARLA, the Smoke and Carbon Monoxide regulations (England) have been passed into law and will come into force on 1 October as planned. Before being passed by both houses, the draft...

Budget Special

“This” said Chancellor George Osborne, “Is a budget that puts security first. A budget for working people. A plan for Britain for the next five years. A sensible path for the whole nation. “We don’t build enough or invest enough… so we will be bold in backing the...