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KEYWORD "Additional Homes" - 100 RESULTS
Stamp Duty - it's time for the industry to box clever

So much has changed in the world of property of late that it’s easy to be behind the times - and...

01 July 2023

From: Features

Agency trade body calls for Stamp Duty holiday on additional homes

Propertmark is calling for a 12 month exemption on additional Stamp Duty rates to boost rental property supply. The issue will be...

02 November 2022

From: Breaking News

What do we do about a problem like Airbnb?

Some people will say: What problem? But they are getting fewer as the detrimental effect of increasing numbers of short lets on...

03 September 2022

From: Features

Trade body hopes empty homes clampdown will boost agency stock

Propertymark has expressed hope that the Levelling Up and Regeneration Bill will help boost much needed agency supply. The trade body has...

16 May 2022

From: Breaking News

Scrap Stamp Duty surcharge for a ‘double whammy’ win - call

An industry trade body wants the government to scrap the three per cent stamp duty surcharge on additional homes - and...

15 March 2022

From: Breaking News

New curbs on second homes will hurt buyers, warns Propertymark

A bid to regulate second home ownership in part of the UK through changes to planning policy will add complexity and...

25 February 2022

From: Breaking News

Heavier Tax On Second Homes - Tories are now as keen as Labour

A poll of Conservative voters shows strong majorities for higher taxes on second homes and empty properties, and tougher demands on...

07 February 2022

From: Breaking News

Tax clampdown on second homes announced by government

Owners of second homes who abuse a tax loophole by claiming their often-empty properties are holiday lets will be forced to...

14 January 2022

From: Breaking News

Property Wealth Tax proposed by former agency boss

A wealth tax on overseas owners of UK homes could raise £5 billion a year to help local people buy their...

13 January 2022

From: Breaking News

City may face vote to ban sale of new-builds as additional homes

There is pressure growing in Brighton for the city to hold a referendum giving residents the opportunity to ban new build...

19 November 2021

From: Breaking News

'Forgotten' new stamp duty surcharge imposed on 5,500 sales

A stamp duty surcharge which has been labelled ‘forgotten’ because of its low profile has nonetheless bagged £45m for HM Treasury in...

08 November 2021

From: Breaking News

Tax Shock: 1% stamp duty rise was considered for Budget

It’s been revealed that the government did consider a stamp duty RISE which would have been announced in this week’s Budget. The...

29 October 2021

From: Breaking News

Developer land banking ‘myth’ debunked by study, major builders say

A leading planning consultancy has claimed that ‘the myth’ that housing developers are hoarding land after gaining planning consent in order...

23 September 2021

From: Breaking News

Flipping no longer an option thanks to market frenzy, says agent

An online agent operating in the Midlands says the idea of flipping property is a thing of the past thanks to...

30 June 2021

From: Breaking News

Top agent - We have no interest in digitalising the personal side of agency

In this week’s In Conversation Today, we have one of the most familiar names in agency on board for a Q&A....

24 June 2021

From: Breaking News

Could an adjustment to BTL Stamp Duty improve the lettings market?

The Stamp Duty holiday has been very beneficial for hundreds of thousands of buyers looking to take advantage of savings, even...

16 June 2021

From: Features

Exchanges hit 10 year high with market frenzy set to continue

Data from agency Knight Frank suggests the number of UK exchanges last month was the highest in 10 years - well above...

08 April 2021

From: Breaking News

Stamp Duty: government clarifies Budget announcement

The government has issued an official note to detail the announcement made yesterday by Chancellor Rishi Sunak regarding stamp duty holiday...

04 March 2021

From: Breaking News

Stamp Duty loss: 70,000 agreed sales will miss deadline

A new forecast suggests 70,000 buyers will miss the March 31 stamp duty holiday deadline. Zoopla has undertaken a new analysis to...

16 February 2021

From: Breaking News

Legal warning over little-known stamp duty technicality

There’s been a huge focus on both the stamp duty holiday and Help To Buy deadlines at the end of March...

08 February 2021

From: Breaking News

Stamp Duty increase - could it happen across the UK?

The shock and almost immediate increase in stamp duty on additional homes in Wales has prompted one question in the industry...

22 December 2020

From: Breaking News

Shock stamp duty rise on additional homes in Wales

There’s been a shock one per cent increase in the Welsh equivalent of stamp duty on second homes, coming into effect...

21 December 2020

From: Breaking News

Capital Gains Tax hike may LOSE money, says investment chief

A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...

10 December 2020

From: Breaking News

Flipping makes a comeback with big profits made by investors

The mixture of the stamp duty holiday and generally fast-rising house prices has led to a resurgence of flipping. Data released this...

23 November 2020

From: Breaking News

Tax Bombshell: CGT could double under new proposals

A report commissioned by the government suggests a doubling of Capital Gains Tax on profits from the sale of second homes. The government -...

12 November 2020

From: Breaking News

Autumn 2020 - seven things to watch

It’s no surprise the mainstream news remains dominated by coronavirus - not so much the actual effect of it right now,...

05 September 2020

From: Features

Big rises in property taxes expected to pay for virus spending

Hefty increases in taxes on the purchase and sale of holiday homes and buy to let properties are expected in the...

01 September 2020

From: Breaking News

Scotland caves in and relaxes its stamp duty equivalent

The threshold at which Scotland’s Land and Buildings Transaction Tax is paid by purchasers is to be raised from £145,000 to...

13 July 2020

From: Breaking News

Ker-ching!  Stamp duty refunds soar during Coronavirus crisis

A tax and legal specialist says there’s been a huge rise in stamp duty refund cases between March and June -...

19 June 2020

From: Breaking News

Purplebricks and Emoov founders call for radical stamp duty reform

Online sector veterans Russell Quirk and Kenny Bruce have used social media to call for a temporary scrapping of all stamp...

16 June 2020

From: Breaking News

“Don’t buy a new home before selling old one” tax experts tell buyers

A group representing 600 tax experts working in UK legal and accounting firms is warning buyers not to purchase a new...

28 May 2020

From: Breaking News

Emergency interest rate cut may help housing market weather Coronavirus

The Bank of England has announced an emergency cut in the base interest rate to shore up the economy during the Coronavirus...

11 March 2020

From: Breaking News

Stamp Duty change set to take centre stage in Budget next week

Increasing numbers of reports suggest that the government will use next week’s Budget to confirm a three per cent stamp duty...

05 March 2020

From: Breaking News

Second Home numbers take a hit because of stamp duty

Government figures suggest that the number of second homes in the UK has dropped two per cent in the eight year...

09 January 2020

From: Breaking News

Will flight-shaming kill the overseas holiday home?

There used to be a consolation for some estate agents at this time of year - while it was wintry and...

07 December 2019

From: Features

Stamp Duty Reform: have the Conservatives got cold feet?

Pressure is building on the Conservative party to honour its previous commitment to reform stamp duty for British buyers and sellers...

22 November 2019

From: Breaking News

Election 2019: what agents should expect from the main parties

It’s on - although judging by the early lack of enthusiasm amongst the British public, you might be forgiven for thinking...

01 November 2019

From: Breaking News

Capital Gains Tax changes: owners advised to seek financial advice

A tax expert is urging owners of second homes, as well as property investors and existing landlords, to seek independent financial...

31 October 2019

From: Breaking News

MHCLG gets a makeover – three key tasks for the new ministers to consider

With Boris Johnson winning the Conservative leadership election and becoming Prime Minister, he has spent his first few days in office...

03 August 2019

From: Features

Boris Johnson considers asking SELLERS to pay stamp duty

Conservative Party leadership contender Boris Johnson has expressed an interest in switching the stamp duty burden from buyers to sellers. Until now Johnson’s comments on...

16 July 2019

From: Breaking News

One in 10 Britons has a second home, buy to let or overseas property

Some 10 per cent of Britons now own a second home, a buy to let or an overseas property according to...

17 June 2019

From: Breaking News

Stamp duty revenue collapses by over a quarter as transactions tumble

A new and comprehensive analysis of the housing market shows a jaw-dropping collapse in stamp duty revenue going to the Treasury...

02 May 2019

From: Breaking News

Stamp Duty plummets by £1 billion following surcharge backfire

New figures from HM Revenue and Customs suggest that stamp duty receipts have fallen by no less than £1 billion. The drop...

25 April 2019

From: Breaking News

Can 3% stamp duty surcharge be challenged after tribunal ruling?

It’s being suggest that a recent tax tribunal verdict might just open the way to challenges to the three per cent...

26 March 2019

From: Breaking News

Why stamp duty should be abolished and not just reformed

Over the last few years, there have a number of changes to the stamp duty land tax (SDLT) regime, which have...

23 March 2019

From: Features

Agents slam “regurgitated rhetoric” in Hammond’s damp squib statement

Estate agents have responded cynically to the small-fry property sector announcements made by Chancellor Phillip Hammond in yesterday’s spring statement mini-Budget. Overshadowed...

14 March 2019

From: Breaking News

Agents criticised after ‘wrong advice’ given in bid to avoid stamp duty

A solicitor is warning estate agents and the public about allegedly wrong advice relating to the additional homes stamp duty surcharge. Julie...

13 February 2019

From: Breaking News

Big fall in stamp duty 'take' shows reform backfiring on government

If former Chancellor George Osborne thought his 2014 stamp duty reform would produce more income for the government, it appears he...

04 February 2019

From: Breaking News

 Landmark tax ruling could be good news for holiday home market

The holiday home market may still be struggling in the wake of the three per cent additional homes stamp duty surcharge...

28 November 2018

From: Breaking News

Havoc, Grim and Short Term - Property taxes under fire once again

It’s Budget day and the government is once again on the receiving end of a blast from one of the country’s...

29 October 2018

From: Breaking News

Stamp Duty - is it as big a problem as we think?

Few things anger the industry more than the effect of stamp duty and other costs on property transactions (well, maybe Purplebricks...

19 October 2018

From: Breaking News

'Desperate' stamp duty surcharge will hurt London market - warning

Agents have continued to express their shock and opposition to the announcement by the government that it wants a stamp duty...

02 October 2018

From: Breaking News

Treasury takes billions in stamp duty - and that’s BEFORE new surcharge

Figures released by HMRC over the weekend show another huge rise in stamp duty going to the Treasury - and that’s...

01 October 2018

From: Breaking News

Devastating impact of stamp duty revealed in buying agency's data

Data from the buying agency Black Brick reveals just how big an impact has been made by the additional homes stamp...

22 August 2018

From: Breaking News

Stamp Duty is a mess: should it be scrapped or simplified?

Research by Estate Agent Today reveals that there have been 12 different stamp duty regimes in the UK since the Millennium. What’s...

10 August 2018

From: Breaking News

By George! Osborne re-appears to defend his stamp duty reforms

The former Chancellor George Osborne - architect of drastic stamp duty reform - has come out fighting to defend the tax...

06 August 2018

From: Breaking News

Stamp duty receipts plummet £317m over the past year

An analysis of HMRC stamp duty statistics for the second quarter of this year suggest that receipts are down 13.8 per...

03 August 2018

From: Breaking News

Lucky escape for Raab - government to miss its new homes target

Former housing minister Dominic Raab, who yesterday left his post after just six months in office, may have had a lucky...

10 July 2018

From: Breaking News

Property Natter – ten years of Estate Agent Today!

Cast your mind back to July 2008 – Gordon Brown was Prime Minister, the Euros were in full swing in Austria/Switzerland...

30 June 2018

From: Features

Tale of our times: flat sells after 575 days at £111,500 below asking price

The Money editor of The Mirror newspaper has finally sold a home he first put on the market in late 2016...

21 June 2018

From: Breaking News

Agents clash over whether prime London still appeals to investors

Prime London’s transactions are now the preserve of so-called ‘needs-based buyers’ and not investors according to high-end agency Knight Frank -...

21 June 2018

From: Breaking News

Buyers are overpaying the stamp duty surcharge, says national agency

National estate agency Jackson-Stops claims that the 3% stamp duty surcharge on additional homes is still confusing buyers, despite being in...

29 May 2018

From: Breaking News

Proportion of sales to cash buyers falls back, says Nationwide

Research from the Nationwide suggests that the share of cash transactions has declined over the past 18 months, at least partly...

30 April 2018

From: Breaking News

Holiday home sales holding up according to estate agency's figures

Holiday home sales in one of the country’s most popular tourist destinations are holding up, despite stamp duty and the age...

29 March 2018

From: Breaking News

Stamp Duty replacement - new rates revealed by Welsh Government

The Welsh Government has revealed the bands and rates for its new Land Transaction Tax, which replaces stamp duty in the...

18 December 2017

From: Breaking News

Government tweaks 'additional homes' stamp duty surcharge

The small print of the Budget has revealed that the government is to make minor changes to the ‘additional homes’ three...

24 November 2017

From: Breaking News

Not everyone in the industry likes the stamp duty change...

Agents and even the Labour Party have backed the government’s scrapping of stamp duty for first time buyers’ purchases up to...

23 November 2017

From: Breaking News

Property experts reveal their Autumn Budget wishlist

The housing industry has set out a list of demands in advance of the government’s hotly anticipated Autumn Budget on Wednesday.  Despite...

18 November 2017

From: Features

Chaotic stamp duty system means HMRC refunds £10m each month

HMRC has refunded £185m to some 15,000 house buyers since the introduction of the stamp duty surcharge in April of last...

10 November 2017

From: Breaking News

Unique data shows it takes average 201 days to move home

A breakdown of data from over 4,100 agents has revealed that it takes on average 201 days to move home, from...

23 October 2017

From: Breaking News

Stamp Duty: pressure building on government for more reforms

Pressure is continuing to build on the government to reform stamp duty in next month’s Budget. Firstly a group of senior financial...

20 October 2017

From: Breaking News

Dismay as Tories admit extra housing cash means only 25,000 homes

The Conservative party, in a press statement released to clarify comments made by Theresa May, says the government’s proposed extra £2...

05 October 2017

From: Breaking News

Stamp duty: new analysis shows burden falling on Southern England

Analysis by the Nationwide suggests that the proportion of UK-wide stamp duty payments paid by purchasers in the south east of...

30 August 2017

From: Breaking News

Could tax be the excuse to introduce national private rental licensing?

It’s not just the evenings drawing in that marks the approach of autumn - it’s also the return to work of...

26 August 2017

From: Features

Transactions down says Lloyds, while HMRC data shows static market

The number of existing home owners moving house fell two per cent in the first six months of 2017 compared with...

23 August 2017

From: Breaking News

Buying agency turnover triples as focus shifts to owner-occupiers

Black Brick says its turnover in 2016 tripled to £3m with new business so far this year focussing increasingly on owner-occupier...

15 August 2017

From: Breaking News

Newspapers ramp up pressure for further reform of stamp duty

Stamp duty has become the latest weapon in the ongoing war of words between different wings of the Conservative party, as...

14 August 2017

From: Breaking News

Foxtons' slump in sales means 55% of revenue now from lettings

Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...

27 July 2017

From: Breaking News

Transactions down, says HMRC, as it reveals long-term stamp duty effect

The number of transactions in the housing market has fallen for the third successive month - and for the first time...

24 July 2017

From: Breaking News

Property auctions market round-up Q2 2017

With several agent partner programmes available across the country, estate agents can often increase business by offering sales by auction, with...

22 July 2017

From: Features

General election 2017: Facing the UK’s housing crisis

Theresa May’s call for a snap general election on June 8 took many by surprise. But estate agents have been broadly...

03 June 2017

From: Features

Two more areas voting on second home sales restrictions

Residents in two parts of Cornwall will vote tomorrow on whether to join the holiday resort of St Ives in banning...

03 May 2017

From: Breaking News

Stamp duty surcharge rakes in twice as much revenue as expected

The government has admitted that the three per cent stamp duty surcharge has raked in twice as much as expected. In November...

13 March 2017

From: Breaking News

Budget 2017 wishlist: Expectations from the property sector

Looking ahead to the Spring Budget this week, the Chancellor Philip Hammond will be obliged to face up to the implications...

04 March 2017

From: Features

What does the future hold for the buy-to-let market?

Over the past two decades, investing in buy-to-let has been a relatively easy way to make money, which is why so...

25 February 2017

From: Features

Homes with 3% surcharge 'made up 20% of late-2016 sales'

An analysis by Savills shows that so-called ‘additional homes’ - that is, those carrying a three per cent stamp duty surcharge...

06 February 2017

From: Breaking News

How can estate agents secure more new build housing instructions?

Lots of people buy new-build due to the perceived lack of hassle with maintenance, as they are built to the latest...

28 January 2017

From: Features

Prime London - transactions down 50% according to new data

New data revealed by investment consultancy Central London Portfolio claims that transactions in prime central areas of the capital have dropped 24...

20 December 2016

From: Breaking News

Brexit and property taxes lead to subdued forecast for 2017 market

Brexit and wider economic uncertainties worsened by changes to property taxation have forced the Council of Mortgage Lenders to cut its...

20 December 2016

From: Breaking News

Quote, unquote - What the industry said in 2016

Forecasts are so last year: who anticipated Bowie, Brexit or Balls for example? Quotes, on the other hand, really ARE last year...

17 December 2016

From: Features

Stamp duty change 'means HMRC to miss revenue target' says agency

Recent stamp duty changes have resulted in a substantial decline in transaction numbers and HM Revenue & Customs missing its revenue...

23 November 2016

From: Breaking News

Agents finalise their wish-list ahead of this week's Autumn Statement

Estate agents have spent the weekend finalising their wish-list and lobbying MPs and government ahead of Wednesday’s Autumn Statement. Top of the...

21 November 2016

From: Breaking News

Autumn Statement: The property industry's wish list for Philip Hammond

It may still be too early to start compiling a Christmas wish list, but it is the right time to provide...

19 November 2016

From: Features

Five guesses about the Autumn Statement

Forecasts are a tricky business. And as I wrote in a recent Industry Views opinion piece, any prediction in the current...

19 November 2016

From: Features

Top agency says London slump down to stamp duty, not Brexit

One of the most respected buying agencies in the country, Property Vision, says the estate agency industry's turnover is down not because of...

13 October 2016

From: Breaking News

Brexit weakens housing market across the south east, says Standard Life

The housing market has not fallen over in the wake of the Brexit vote, contrary to come predictions, “but there are...

07 October 2016

From: Breaking News

Rating agency worried over Brexit effect on buy to let purchases

An investment report from credit ratings agency Moody’s suggests it is concerned about the effects of Brexit on the housing market,...

15 August 2016

From: Breaking News

Conveyancers join call to scrap stamp duty in bid to bolster market

The Society of Licensed Conveyancers has become the latest body to call for the scrapping of stamp duty to give the...

08 August 2016

From: Breaking News

Institute bucks trend by saying Cameron leaves a proud housing legacy

A housing body says that, rather than presiding over a worsening housing crisis as many suggest, David Cameron has actually left...

02 August 2016

From: Breaking News

HMRC reveals vast drop-off in sales after stamp duty deadline

The latest figures from the HMRC show the scale of sales market drop-off following the surge in purchases by buy to...

22 June 2016

From: Breaking News

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