News
Tories call for Stamp Duty and Future Homes Standard to be scrapped
Katie Lam also proposed cutting the cost of new-build homes by up to £50,000 and replacing Section 106 and the Community Infrastructure Levy with a single charge.
Politics
News
Greens propose three-year cap on private rent rises
Under the proposal, rent rises would be limited to the lowest of Consumer Prices Index (CPI) inflation, wage growth or 2%.
News
Your First Home could delay purchases ahead of Budget, LSL warns
Craig Hall said: "While this is great news for the industry, there is a risk that first-time buyers who are ready to buy now will hold off until they know how the scheme works."
News
Burnham pledges crackdown on landlords over poor-quality homes
Burnham said landlords renting out the “worst quality homes” would first be ordered to improve them.
News
FTB support must be matched by increased housing supply, says RICS
Justin Young said: “Helping buyers overcome the deposit barrier is welcome, but this must be matched with more available housing so that prices are not pushed further out of reach."
News
Budget must avoid further landlord costs amid tenant pressures, Pegasus Insight warns
With the Budget taking place on 28th October, research revealed widespread concern among landlords about the cumulative impact of tax and regulatory changes.
Residential Mortgages
Government unveils 2.5% deposit scheme for first-time buyers
The Your First Home scheme is set to be confirmed at next month’s Budget, when further details on its cost and implementation timetable will be announced.
News
Housing supply must be top priority of Senedd agenda, says Propertymark
Its response to the committee’s consultation focused on delivering more homes, maintaining the private rented sector and raising standards among property agents.
News
Scottish mansion tax could restrict housing market activity, Propertymark warns
Propertymark said proposals to introduce bands for high-value homes should be considered alongside wider council tax reform and a review of other property taxes.
News
Berkeley Group calls for property tax cuts as buyers remain cautious ahead of Budget
The housebuilder proposed a 1% Stamp Duty cap for FTBs and downsizers and called for the 5% surcharge on property investors to be removed.
Regulation
Government moves to bring all bailiff firms under ECB oversight
The Government is introducing secondary legislation that will effectively require all enforcement firms to be accredited by the Enforcement Conduct Board, a move welcomed by StepChange as a step towards full statutory regulation.
Politics
Homeowners could face property tax changes in October Budget, DJ Alexander warns
DJ Alexander has warned that homeowners could be affected by potential changes to capital gains tax and inheritance tax in the October Budget as the Government looks for additional sources of revenue.