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KEYWORD "Chancellor Rishi Sunak" - 49 RESULTS
Property tax rises and falling house prices coming in 2021

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

26 November 2020

From: Breaking News

Sunak pledges new homes but does not hike property tax - yet

Chancellor Rishi Sunak has resisted changing any property taxes in the short term, but has used his Spending Review statement to...

25 November 2020

From: Breaking News

Sunak’s Big Day: “Don’t make knee-jerk property tax rises” he’s told

Today sees the government’s Spending Review, with Chancellor Rishi Sunak taking centre stage as he presents a 12 month spending plan to...

25 November 2020

From: Breaking News

Capital Gains Tax hike is GOOD news for agents, insists top analyst

One of the industry’s leading commentators says an unintended consequence of a possible Capital Gains Tax increase could be a bonus...

13 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

Conveyancing firm to tell buyers they will miss stamp duty holiday

A leading firm of conveyancers will this week tell new clients that their property purchases are likely to miss the stamp...

09 November 2020

From: Breaking News

Will extended furlough help struggling agents and suppliers?

Chancellor Rishi Sunak has extended the furlough scheme until the end of March. It will continue under the current rules, with the...

06 November 2020

From: Breaking News

Interest rate unchanged despite unusual early announcement

The Bank of England’s monthly interest rate decision was made today - but instead of it being announced at 12 noon,...

05 November 2020

From: Breaking News

Too Late! Third of England set to miss stamp duty holiday deadline

Buyers in around 30 per cent of English cities are almost certainly already too late to complete a purchase by March 31...

04 November 2020

From: Breaking News

Phil Spencer: Conveyancing - don't battle what you can't control

We can all agree that the recovery of the property market since May has been outstanding. The latest data from Zoopla...

02 November 2020

From: Breaking News

Stamp Duty Holiday Mayhem - Sunak urged to avoid 'cliff-edge'

Chancellor Rishi Sunak has been told to avoid a stamp duty holiday cliff-edge next March at any price - because it...

29 October 2020

From: Breaking News

SDLT holiday could be tapered or restricted to first timers - top agent

One of Britain’s most respected agents is suggesting Chancellor Rishi Sunak could ‘taper’ the stamp duty holiday to avoid a cliff-edge...

28 October 2020

From: Breaking News

Sunak tells estate agents: I'm helping to keep you in a job

Chancellor Rishi Sunak is taking credit for saving thousands of agency jobs through increased transactions prompted by the stamp duty holiday. A...

23 October 2020

From: Breaking News

How will the end of the furlough scheme affect the rental market?

The Coronavirus Job Retention Scheme, better known as the furlough scheme, was introduced by the chancellor Rishi Sunak in March to...

26 September 2020

From: Features

Agencies and businesses offered new tax and jobs schemes

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...

24 September 2020

From: Breaking News

Will agencies benefit from Sunak’s new ‘after-furlough’ measures?

Chancellor Rishi Sunak today reveals his latest measures to help businesses - including agencies, suppliers and other parts of the property...

24 September 2020

From: Breaking News

Government claims credit for housing market boom

The government claims its stamp duty holiday has supported nearly 750,000 jobs thanks to the ripple effect in the economy. A statement from HM...

23 September 2020

From: Breaking News

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

Why diversifying into auctions can boost post-lockdown cashflow

Following the easing of lockdown restrictions on England’s property market in May, NAEA Propertymark reported a sharp increase in business for...

05 August 2020

From: Features

Purchase tax on some UK prime homes now amongst lowest in Europe

Chancellor Rishi Sunak’s stamp duty holiday means prime property in the UK now enjoys lower tax rates than most European countries. Buyers...

30 July 2020

From: Breaking News

Tax grab on house values proposed in new 'Property CGT'

Tens of billions of pounds of new taxes should be levied through a Capital Gains Tax imposed on main homes, not...

24 July 2020

From: Breaking News

Capital Gains Tax Threat: new warning it could hurt housing market

Large scale increases in and changes to the Capital Gains Tax regime could seriously hurt the housing market, a senior figure...

21 July 2020

From: Breaking News

Capital Gains Tax - could it be applied to first homes over £500,000?

Speculation is mounting that Capital Gains Tax could for the first time be applied to gains made when owners sell first...

20 July 2020

From: Breaking News

Rightmove says no to massive windfall from taxpayers

Rightmove says it’s going to reject over £150,000 in payouts from the government's Coronavirus Job Retention Scheme. The portal furloughed 160 employees...

20 July 2020

From: Breaking News

Stamp Duty holiday ends ‘one of few advantages for young buyers’

A think tank says the stamp duty holiday introduced a week ago is understandable and may be helpful to the housing...

16 July 2020

From: Breaking News

Agent breaks ranks and calls stamp duty holiday “cowardly”

A London estate agent has broken ranks with much of the industry and instead of welcoming the stamp duty holiday has...

15 July 2020

From: Breaking News

Stamp Duty Holiday should lead to council tax reform, says agency

A major agency is warning that the current stamp duty holiday could leave the housing market in a state of lethargy...

14 July 2020

From: Breaking News

Stamp duty holiday should be backdated, demands law firm

A property law firm is calling on the government to backdate the stamp duty holiday to include those buyers who completed...

13 July 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

SDLT Bonanza! Mortgage enquiries and property portal visits soar

Evidence is pouring in that the stamp duty holiday introduced 48 hours ago has already produced huge levels of interest from...

10 July 2020

From: Breaking News

Is Rightmove the biggest winner from the stamp duty holiday?

Chancellor Rishi Sunak - and the agency industry - will no doubt be delighted to know that visits to Rightmove soared...

09 July 2020

From: Breaking News

Stamp Duty holiday unlikely to be replicated in Scotland

It looks like the stamp duty holiday for England and Northern Ireland, already in effect following yesterday’s announcement, is unlikely to...

09 July 2020

From: Breaking News

Stamp Duty changes and Furlough Bonus scheme announced by Sunak

Chancellor of the Exchequer Rishi Sunak has announced that there will be no stamp duty on homes selling for £500,000 or...

08 July 2020

From: Breaking News

Stamp Duty cuts WON’T help the market - a contrary view

An industry analyst is challenging the long-established agents’ view that reducing or temporarily scrapping stamp duty would help the market. On the...

08 July 2020

From: Breaking News

Stamp Duty dithering could kill the market, warn angry agents

Agents have spoken out angrily against any uncertainty in the market caused by government leaks about future stamp duty changes. In recent...

07 July 2020

From: Breaking News

Almost 90% of sales could have zero stamp duty says Zoopla

One of the possible stamp duty options floated by Chancellor Rishi Sunak could mean 89 per cent of sales would be...

07 July 2020

From: Breaking News

Stamp Duty changes being considered by Sunak - but when?

Unnamed government sources quoted in many newspapers today suggest stamp duty reforms may be announced later this year. Chancellor Rishi Sunak is to...

06 July 2020

From: Breaking News

'Furlough could wreck housing market' - warning to government

The government is jeopardising the success of the housing market relaunch through the inflexibility of the furlough scheme, claims a group...

27 May 2020

From: Breaking News

How’s the housing market? Ask again in September…

Rightmove has taken the unusual step this weekend of issuing its usual monthly asking price index on a Saturday instead of...

16 May 2020

From: Features

Agents and suppliers paid via dividends demand government help

Industry operators who receive dividends as part of their monthly income are pressing the government to include this in its financial...

06 April 2020

From: Breaking News

Self-employed agents set to benefit from government aid package

Chancellor Rishi Sunak has announced new measures to help the self-employed - likely to be welcomed by self-employed estate agents. The Chancellor...

26 March 2020

From: Breaking News

Agencies closed in lockdown exempt from business rates for one year

Estate and lettings agencies that have closed temporarily as a result of the Coronavirus lockdown are to be to exempted from...

25 March 2020

From: Breaking News

Spicerhaart under fire for “inhumane” and “disgraceful” sackings

There has been scepticism across the industry as to the motives behind an unspecified number of lay-offs and permanent branch closures...

23 March 2020

From: Breaking News

Agencies set to benefit from massive emergency business schemes

The Chancellor of the Exchequer has announced a sweeping range of financial measures to try to minimise the impact of Coronavirus...

20 March 2020

From: Breaking News

Countrywide’s desperate plea to government over business rates

Beleaguered estate agency group Countrywide has asked the government to give agents a business rates holiday. Measures announced in last week’s Budget...

19 March 2020

From: Breaking News

Stamp duty is a Southern tax and won’t hurt wealthy foreign buyers

The stamp duty surcharge for non-resident investment buyers announced in yesterday’s Budget is dwarfed by discounts they receive thanks to the...

12 March 2020

From: Breaking News

Stamp Duty change and business rate holiday announced in Budget

There will be a two per cent stamp duty surcharge on the purchase of UK investment properties by non-resident overseas buyers...

11 March 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

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