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KEYWORD "Tax" - 1002 RESULTS
Opinion: Bank of England rate rises are nonsense and will increase inflation

The Bank of England’s continued rise in interest rates – the latest being a shift up to 1.25% - is, in...

25 June 2022

From: Features

Slowdown or house price cliff edge? It's too early to tell

Right now, one topic seems to be dominating talk in the industry. Everywhere I go people tend to quiz me about...

25 June 2022

From: Features

Upfront information: Portals plan for consumer awareness to police listings

Portals are aiming to boost consumer awareness of new material information rules rather than refusing non-compliant listings. Agency listings have been required...

22 June 2022

From: Breaking News

Government urged to review stamp duty as more first-time buyers now pay the tax

Renewed calls are being made for an “urgent review” of stamp duty as research shows rising house prices mean first-time buyers...

22 June 2022

From: Breaking News

Property sales continue to rise despite cost of living crunch - HMRC

The number of property transactions continues to rise despite the cost of living crisis and remain higher than pre-pandemic levels, HMRC...

22 June 2022

From: Breaking News

Prime agent upgrades its HQ as it celebrates 150th anniversary

Prime estate agent John D Wood & Co has marked 150 years in business by opening a new headquarters. It has moved...

22 June 2022

From: Breaking News

Local communities warned second home sales bans will backfire

A property expert has warned against bans on second home sales and has suggested giving local buyers first refusal instead. It comes after...

21 June 2022

From: Breaking News

Time is running out for legacy customer checks

As another round of property firms is fined, named and shamed for breaching anti-money laundering rules, it feels like the road...

18 June 2022

From: Features

Opinion: Fairer lettings are not a horror story

The government’s Fairer Private Rented Sector White Paper has initially caused some consternation and a strong adverse reaction from some within...

18 June 2022

From: Features

Trading Standards: Portals should refuse non-compliant listings

The head of the National Trading Standards Estate and Letting Agency Team (NTSELAT) has suggested the material listings rules should be...

15 June 2022

From: Breaking News

Why are landlords so unpopular?

This question is not as flippant as it sounds because over recent years the status of the private landlord has taken...

11 June 2022

From: Features

Phil Spencer – why sales-only agencies should get into lettings

There’s one message that’s come home to me loud and clear from my dealings with agents so far this year -...

10 June 2022

From: Breaking News

Booming sales market creates busiest ever financial year for conveyancers

Conveyancers have had their busiest year on record, industry data shows. Search Acumen’s latest Conveyancing Market for the first quarter of 2022...

10 June 2022

From: Breaking News

Agents account for half of this year's AML registration cancellations

Four estate agents have had their anti-money laundering (AML) registrations cancelled by HMRC so far this year. The taxman has published its...

09 June 2022

From: Breaking News

New homeowners warned over fake stamp duty refund claims

New homeowners are being warned about cold calls from scammers advising them to make speculated stamp duty refund claims. The warning comes...

06 June 2022

From: Breaking News

Buyers back stamp duty cut for downsizing pensioners

There are whispers in Whitehall about plans to encourage pensioners to downsize with a stamp duty tax break. The move, first reported...

26 May 2022

From: Breaking News

Agents remain positive despite sales slump

Property sales slumped in April but are still above the pre-pandemic average, HMRC data shows. Provisional UK property transaction figures from the...

25 May 2022

From: Breaking News

Home movers back replacing stamp duty with capital gains tax charge

A survey among home movers has revealed support for making first-time buyers fully exempt from stamp duty and replacing the stamp...

24 May 2022

From: Breaking News

Former Zoopla sales director among new high profile GetAgent recruits

Property industry veteran Mal McCallion is among two new high-profile recruits for GetAgent. McCallion, who helped launch Primelocation in 2000 and was...

18 May 2022

From: Breaking News

HMRC shows its teeth with bumper AML fines for agents

More than 30 agents and property firms such as auction houses and valuers were reprimanded by HMRC for anti-money laundering breaches...

17 May 2022

From: Breaking News

Proptech firms partner to boost agency offerings

Agency proptech supplier Muuvo has partnered with Canopy to provide its RentPassport and RentTracking products. Muuvo provides software for agents to help...

17 May 2022

From: Breaking News

Government unveils new levelling up law - what it means for estate agents

The government last night revealed more details on its flagship Levelling Up and Regeneration Bill including letting local authorities double council...

12 May 2022

From: Breaking News

Not helping to buy! Government urged to link deposit schemes to house prices

Rising house prices have rendered the government’s Help to Buy ISA scheme useless, an analyst claims. The Help to Buy ISA saving...

12 May 2022

From: Breaking News

New material information rules will benefit consumers and agents

Millions of people use online property portals every year to conduct their property search, whether it be for sales or for...

11 May 2022

From: Features

Queen’s Speech: What agents can expect as future laws are laid out

The government’s legislative agenda will be set out this morning in the Queen’s Speech and there are plenty of potential laws that...

10 May 2022

From: Breaking News

Insight - is it Time to Stamp Out SDLT?

Stamp Duty Land Tax (SDLT) has long been the bugbear of many property transactions. Even the very wealthy will lose interest...

07 May 2022

From: Features

Buyer demand 'waning' ahead of interest rate decision

The property market could be set for further upheaval when the Bank of England makes its latest interest rate decision today. The...

05 May 2022

From: Breaking News

Property portals gear up for material info changes

Property portals are preparing to support agents in complying with a new era of upfront material information. From the end of May,...

29 April 2022

From: Breaking News

Upfront info debate: What about buyer transparency?

The debate within estate agency on upfront information rumbles on and now there are calls for greater levels of transparency from...

29 April 2022

From: Breaking News

Rising house prices help boost HMRC’s tax take

Rising house prices boosted HMRC’s coffers during the previous tax year. Analysts suggest the booming housing market has meant HMRC has attracted...

27 April 2022

From: Breaking News

Buyers 'happy to pay' for upfront sales information

Buyers are happy and ready to pay for more upfront material information when it comes to purchasing a property. It comes as...

27 April 2022

From: Breaking News

Proptech and the future of the UK’s economy and property market

Although Chancellor of the Exchequer Rishi Sunak’s Spring Statement did not include many announcements regarding housing, it did provide a good...

23 April 2022

From: Features

Q&A: What do new material information rules mean for estate agents?

From the beginning of April, long-awaited rules from the National Trading Standards Estate and Letting Agency Team (NTSELAT) came into effect....

23 April 2022

From: Features

Warning - new checks on mortgage applications could hit house hunters

A property expert has predicted that mortgage applicants are likely to find it 'much harder' to be approved for loans as...

19 April 2022

From: Breaking News

Law firm backs home moving proptech to help tackle fraud

Law firm Taylor Rose MW has acquired a stake in proptech firm SlothMove in an effort to help combat property fraud. SlothMove...

14 April 2022

From: Breaking News

	Winkworth posts record sales from stamp duty holiday and beyond

Winkworth agents posted record sales income last year, attributed to the stamp duty holiday. The London-listed agent franchise group revealed in its...

13 April 2022

From: Breaking News

'Hundreds' of former Purplebricks agents back workers' rights legal claim

Hundreds of former Purplebricks agents have now signed up to a potential legal claim against the firm. Contractors For Justice, known as...

12 April 2022

From: Breaking News

Client money and the regulation governing it is changing

PayProp’s recent Rental Confidence Index survey polled property professionals about their biggest concerns for 2022. Unsurprisingly, new regulations were a top...

09 April 2022

From: Features

The Property Franchise Group hits records revenues

The Property Franchise Group has reported record like-for-like revenue for 2021. The umbrella property brand, which incorporates well-known names such as EweMove,...

05 April 2022

From: Breaking News

Home Information Packs - are they making a comeback?

Agents and conveyancers have signed up to a new buyers’s and seller’s property information form that is described as having been...

04 April 2022

From: Breaking News

Upfront Information - Light at the end of the Tunnel? 

They say that in fashion, if you wait for long enough, clothes that are hanging at the back of your wardrobe...

02 April 2022

From: Features

Connells’ high end brand reports record trading year

John D Wood - which along with Hamptons is regarded as the prime end of the suite of agency brands now...

31 March 2022

From: Breaking News

Tax Hike - agents warn against more taxes on second homes

Propertymark is urging restraint on the part of the Welsh Government as it moves to tackle what it sees as the...

29 March 2022

From: Breaking News

Property tax alternative to stamp duty wins support of MPs

At least 18 MPs have come out in favour of a new annual Proportional Property Tax which would be levied on...

28 March 2022

From: Breaking News

Material Information Change - agents should revise processes now to prepare

Agents are being advised to revise their processes now to accommodate changes to the information required on property details, which begin...

25 March 2022

From: Breaking News

Stamp duty bills far higher since end of SDLT holiday - claim

Typical stamp duty paid by property purchasers now is actually 84 per cent more than before the pandemic and the SDLT...

25 March 2022

From: Breaking News

Sigh of relief that Sunak avoids hurting housing market

The industry has reacted to the Spring Statement by breathing a sigh of relief that nothing was likely to cause damage...

24 March 2022

From: Breaking News

Income Tax cut and VAT scrapped on home energy efficiency measures

Chancellor Rishi Sunak has announced a dramatic future income tax cut, changes to National Insurance thresholds and scrapping VAT on more...

23 March 2022

From: Breaking News

HMRC rakes it in as stamp duty receipts surge to record high

Figures just released by HM Revenue & Customs show the Treasury enjoying a bumper year for stamp duty, with record receipts...

23 March 2022

From: Breaking News

Fall-Through Mayhem - over 50,000 deals collapse since New Year

A prominent industry supplier has produced startling statistics about the numbers of fall throughs in just the first 10 weeks or...

22 March 2022

From: Breaking News

Countrywide brands and branches critical to success of new owners

The Skipton Building Society, which owns Connells estate agency, says the house-selling arm helped it reach a record profit pre-tax profit...

21 March 2022

From: Breaking News

The Coming ‘Budget’ - What’s In Store For Agents?

If you want to sex-up the Chancellor’s financial statement scheduled for lunchtime on Wednesday, you’d call it a Budget or a...

19 March 2022

From: Features

Client Accounting – Why Outsource?

In this guest feature, Chris Mason, Operations Director at The Letting Partnership, outlines why agents might want to consider outsourcing client accounting. The...

19 March 2022

From: Features

Upbeat results from agency group despite forecast of transactions slump

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

16 March 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

Trading Standards new rules - agents urged to comment on Material Info

Propertymark is urging agents to respond to a consultation exercise being conducted by the National Trading Standards Estate and Letting Agents...

14 March 2022

From: Breaking News

Second Homes Taxes will backfire on wider economy - warning

A rural body in Wales has hit out at the Welsh Government’s proposals for draconian new taxes on second homes.  Earlier this...

14 March 2022

From: Breaking News

COLLABORATION: THE SOLUTION AND THE BIGGEST PROBLEM FOR THE PROPERTY INDUSTRY

Ben Ridgway and Jamie Cooke, co-founders of iamproperty Group brought together industry leaders in a recent roundtable to discuss the challenges...

08 March 2022

From: Sponsored Content

Ukraine crisis will put brakes on runaway housing market, warns analyst

Despite the latest Halifax house price index showing a 10.8 per cent annual rise, a leading housing market analyst is warning...

08 March 2022

From: Breaking News

Agent, 20, reports herself to police for drink-driving

A 20 year old estate agent who admitted being four times over the drink driving limit has been fined and banned...

07 March 2022

From: Breaking News

Will The Lights Go On Again In Central London?

Almost exactly a decade ago I wrote a blog on the back of a spate on mainstream news stories about prime...

05 March 2022

From: Features

Predictions 2022 - an interview with Simon Shinerock

Peta Milne, founder of Instagram growth and PR service Monimo, and a content writer at Choices Estate Agents, recently sat down...

05 March 2022

From: Features

Will ‘upfront information’ go from buzzword to conventional practice in the year ahead?

Of the many industry buzzwords, I suspect “upfront information” was up there as one of the most widely used in 2021....

05 March 2022

From: Features

More politicians back seizure of oligarchs' London property assets

Momentum is building up in support of the government’s probe into whether the London homes of oligarchs on the sanctions list...

04 March 2022

From: Breaking News

Second home buyers hit with 300% tax rise in part of UK

The Welsh Government has announced an increase to the maximum level of council tax premiums for second homes, as well as...

03 March 2022

From: Breaking News

HMRC Stamp Duty Crackdown - more experts warn of problems

Yesterday we reported on how the Chartered Institute of Taxation was warning of problems with new HMRC stamp duty rules to...

02 March 2022

From: Breaking News

HMRC Stamp Duty Crackdown ‘may make home buying even slower’

HM Revenue & Customs has been warned by financial experts that its latest crackdown on stamp duty abuse could make the...

01 March 2022

From: Breaking News

Seize Putin’s Properties: Mayor wants drastic response to Ukraine

London mayor Sadiq Khan says he supports the seizure of property assets connected to the allies of Russian President Vladimir Putin.  The...

28 February 2022

From: Breaking News

Will Ukraine, Interest Rates and Energy Prices hurt housing market?

One of the UK’s leading economic experts is to be the speaker at a Rightmove seminar this week, considering whether events...

28 February 2022

From: Breaking News

Trading Standards to give more details of property listings changes

A webinar this week is set to see the release of more details of changes to property listings being demanded by...

28 February 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

‘Material information’ tool to help meet Trading Standards regs

A PropTech supplier has been quick off the mark to launch a tool which it says will help agents satisfy new...

25 February 2022

From: Breaking News

Revealed - why Trading Standards wants changes to property listings

The National Trading Standards Estate and Letting Agent Team has released background information on how it came to make changes to...

24 February 2022

From: Breaking News

Lawyer says some agents can’t cope with more regulation

A leading property lawyer says some agents will struggle to meet the demand for more ‘material information’ put forward by Trading...

23 February 2022

From: Breaking News

Reform of properties listings welcomed by industry leaders

Industry figures have come out in favour of the long-term programme of new compulsory information to be contained on property listings. From...

22 February 2022

From: Breaking News

Agents Alert - new info must be included on all property listings

Trading Standards and the government have jointly announced compulsory new data which must appear on property listings. A property's council tax band or...

21 February 2022

From: Breaking News

Short term lets - what’s the extent of the problem?

Timothy Douglas, Head of Policy and Campaigns at Propertymark, analyses the impact that the lack of available data is having on...

19 February 2022

From: Features

‘Could be tough times ahead for the housing market’ - warning

A financial analyst says there could be tough times ahead for the housing market, despite another upbeat set of figures regarding...

18 February 2022

From: Breaking News

“Underwhelming” business rates review is slammed by agency

A consultation exercise on government proposals for its business rates review is totally “underwhelming” according to property agency Colliers. The consultation ends...

16 February 2022

From: Breaking News

Australian PropTech bid to break into UK property market

An Australian PropTech platform called PEXA aims to break into the UK property industry this year, claiming to improve transaction processes. PEXA...

16 February 2022

From: Breaking News

Too Many Second Homes? Campaigning MP to meet minister

A campaigning MP is to meet with a government minister to discuss controls and disincentives for second homes. Former Liberal Democrat MP...

15 February 2022

From: Breaking News

Insight - an estate agents’ guide to AML

The UK property industry has long been a target of fraudsters due to the low levels of transparency and the fact...

12 February 2022

From: Features

HMRC tax windfall follows new stamp duty surcharge

Stamp duty statistics show that the introduction of a two per cent surcharge on residential properties by overseas buyers, means HM...

10 February 2022

From: Breaking News

Message to HMRC and Government - stamp duty is outdated

The majority of homeowners and homebuyers believe Stamp Duty Land Tax is outdated and needs reform. The mortgage lender Butterfield commissioned an...

09 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

Labour call for foreign-owned properties register

The Mayor of London, Sadiq Khan, wants the government to put a stop to the capital being used for international money...

07 February 2022

From: Breaking News

2022 - agents can benefit from planning ahead and having a plan B in mind

Without doubt, 2021 was an exceptional year in the property market, with the stamp duty holiday and favourable market conditions helping...

05 February 2022

From: Features

House prices rising £500 a week - how long can this last?

The level of house price growth is at a 17 year high at 11.2 per cent according to the Nationwide. The annual...

02 February 2022

From: Breaking News

Stamp Duty loophole likely to be closed later this year

A stamp duty loophole in one part of the UK is likely to be closed later this year. Until now buying a...

27 January 2022

From: Breaking News

We survived 2021, so what has 2022 in store for estate agents?

With the drastic changes enacted on the industry over the past two years thanks to the pandemic and political events such...

22 January 2022

From: Features

Insider gets senior Propertymark policy position

Propertymark has appointed an insider to the key role of policy adviser - effectively the position vacated last month by industry...

21 January 2022

From: Breaking News

Surge in number of sellers resorting to quick buy firms - claim

There’s been a surge in the number of sellers who resort to using quick buy firms, according to the sector’s trade...

19 January 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

Foxtons sells off London sales agency it bought last year

Foxtons has this morning announced that it’s selling off the sales wing of a rival London agency that it bought just...

14 January 2022

From: Breaking News

Agents Do Charity - Vote! Vote! Vote!

Vote? Well, whether we have a change of Prime Minister or not, there’s an important vote today - for great charitable...

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

Conveyancing tech firm pledges dramatic time savings on transactions

The conveyancing technology firm Search Acumen has launched what it calls “an end-to-end solution” in a bid to abolish “antiquated” ways...

13 January 2022

From: Breaking News

HMRC consulting on new Stamp Duty threat to property sales

A leading accountant is warning of a possible stamp duty change affecting residential property this year. HMRC is currently consulting on a...

10 January 2022

From: Breaking News

New tax likely to fund additional cladding removal from low-rise flats

Leaseholders in lower-rise blocks of flats will not have to take out loans to remove dangerous cladding under new government rules...

10 January 2022

From: Breaking News

Revealed: the hidden threat to 2022’s housing market

At the risk of mixing my metaphors, any mention of energy has become something of a blue touch paper in the...

08 January 2022

From: Features

Covid race for space helps boost posh country house market

High-value properties were the top-performers in the country house market in 2021, according to an agency that majors in this sector.  In...

06 January 2022

From: Breaking News

Omicron set to hit viewings and housing market in 2022

The surge in Omicron cases and possible future restrictions are set to hit the housing market in 2022 - and may...

04 January 2022

From: Breaking News

HMRC: UK government’s property taxes produce falling revenue

The UK is reported to have dropped down the league table of governments that secure vast amounts of income from property...

04 January 2022

From: Breaking News

Is it time to reform the tax we all love to hate?

As we slide into Christmas, with the busiest levels of house buying since 2006 and activity still buoyant, I don’t think...

22 December 2021

From: Features

A 9 to 5 estate agent…dream on!

There’s lots of talk of people moving over within estate agency to be self-employed so they can chase the dream of...

18 December 2021

From: Features

Capital Gains Tax on ALL homes - government told to act

A new report wants the government to consider slapping Capital Gains Tax on profits made from appreciating house values for all...

09 December 2021

From: Breaking News

Agent lashes out against any relaxation of mortgage lending

An estate agency owner who is also a qualified independent mortgage adviser has hit out against the suggestion that lenders may...

09 December 2021

From: Breaking News

House price rises similar to those before 2007 crash - Nationwide

Annual house price growth hit 10.0 per cent last month - and is now tracking close to the level seen before...

02 December 2021

From: Breaking News

Record conveyancer training despite transaction frenzy and Covid

A record number of conveyancers have been trained in the last 18 months, despite the challenges of the pandemic and extended...

02 December 2021

From: Breaking News

Higher taxes will curb house price rises in 2022 - Rightmove

House prices will rise next year says Rightmove - but it warns that tax hikes will curb price rises, particularly later in...

01 December 2021

From: Breaking News

Government must help agents meet AML obligations - expert

The perception of the housing market, especially in London, being awash with ‘dirty’ money is a problem that needs to be...

29 November 2021

From: Breaking News

Pilot scheme announced to limit second home ownership

A pilot scheme has been announced to test ways of limiting second home ownership and reducing the impact additional properties have...

25 November 2021

From: Breaking News

Property sales plummet - but there’s nothing to worry about…

There’s been a dramatic 48.4 per cent fall in the number of property sales between September and October, reflecting the end...

24 November 2021

From: Breaking News

Politicians to set limits on second homes, with higher council taxes

It appears almost certain that there will be limits imposed on the number and location of second homes in Wales, following...

23 November 2021

From: Breaking News

Blighted! Hundreds of homes on scrapped HS2 route turn agents angry

The scaling back of HS2 in the north of England, contained in the government's new Integrated Rail Plan, means hundreds of homes...

22 November 2021

From: Breaking News

Treasury’s Stamp Duty take soars - so much for the holiday...

The Treasury has enjoyed a record period for stamp duty income. In England from April to October this year - so almost entirely...

22 November 2021

From: Breaking News

Stamp Duty could be changed to promote energy efficiency - top agency

A leading estate agency says the government may have to use stamp duty and council tax as incentives to persuade owners...

09 November 2021

From: Breaking News

Lettings Agents and the Green Agenda - why it pays to go eco

In this article, the team at The Lettings Hub - which aims to offer tech-driven solutions for the rental market - outline...

06 November 2021

From: Features

Budget 2021 aftermath - did the chancellor target property for tax revenue? 

In the Autumn Budget on Wednesday 27 October, very few impending tax hikes were revealed by the Chancellor Rishi Sunak –...

06 November 2021

From: Features

Legal Action against Purplebricks - “phenomenal” response by claimants

The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...

05 November 2021

From: Breaking News

Leading agency refunds all Covid salary cuts plus furlough funds

Knight Frank has reported a record pre-tax profit and has reimbursed staff who sacrificed some salaries during the pandemic. The agency - which has...

01 November 2021

From: Breaking News

House price rises prompt HMRC to launch Inheritance Tax probes

Increasing house prices has encouraged HM Revenue and Customs to launch huge numbers of probes into Inheritance Tax payments. According to law...

01 November 2021

From: Breaking News

Cladding scandal petition reaches key 10,000 signature stage

A petition calling on the government to set up an independent enquiry into the cladding crisis has reached a key 10,000...

01 November 2021

From: Breaking News

Autumn Budget: will Sunak’s pledges create opportunities for agents in the new-build sector?

At first glance, Rishi Sunak’s Budget speech earlier this week didn’t offer much from a property perspective. But digging down a little...

30 October 2021

From: Features

Booming opportunity: how technology can empower finance teams to do more

In this op-ed, Warwick Haycock, accounting software specialist at The Access Group, looks at how the use of tech can empower...

30 October 2021

From: Features

Why the UK property market is at the centre of global tax avoidance and financial crime

The Pandora Papers - the biggest ever leak of offshore data - has revealed that the UK’s property market is being...

30 October 2021

From: Features

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

Agent Alert: Capital Gains Tax rules change kicked in at midnight

Chancellor Rishi Sunak’s Budget did not ignore Capital Gains Tax after all.   For those selling UK residential property the deadline to file...

28 October 2021

From: Breaking News

Cladding Tax on Developers - not everyone is in favour

There has been criticism of the new Residential Development Tax, levied to fund remedial work on dangerous cladding on high rise blocks. The tax...

28 October 2021

From: Breaking News

Budget: Details of business rate changes and new development tax

The Budget has proven more generous than many expected - and with most property taxation left unchanged. Chancellor Rishi Sunak has made...

27 October 2021

From: Breaking News

Agents’ fees fall but cost of moving home has soared this year

The average cost of buying and selling a home in England this year has soared from £6,877 before the end of...

27 October 2021

From: Breaking News

What Every Letting Agent Should Know about the Economic Crime Levy (ECL)

Disclaimer: This article is intended for information only and does not constitute legal advice. As part of its 2020 budget, the UK...

23 October 2021

From: Features

HMRC SDLT Refunds: Agents warned about ‘ambulance chasers’

A property specialist is warning about “modern day ambulance chasers” who try to convince buyers they have paid too much stamp duty.  “An increasing...

22 October 2021

From: Breaking News

Will more online agencies face class actions over self-employed pay?

The class action taken by former self-employed workers against two online agencies should be a warning to other firms breaking the...

21 October 2021

From: Breaking News

Purplebricks faces legal action from agents over holiday and pension pay

A claims firm wants to commence proceedings against online estate agency companies such as Purplebricks and Yopa. It's on behalf of thousands...

20 October 2021

From: Breaking News

The Old Story - agents tell government to make it easier to downsize

There’s a rising number of over-65s but a short supply of suitable affordable properties for them, Propertymark has told government. The agents’...

18 October 2021

From: Breaking News

OnTheMarket posts strong results as agents move to full-fee contracts

OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...

12 October 2021

From: Breaking News

HMRC uses Rightmove and Zoopla to snoop on tax payments

It’s been revealed that HM Revenue & Customs scours the listings on both Rightmove and Zoopla to assess whether property investors...

12 October 2021

From: Breaking News

New property tax - government releases draft legislation

The government has released details of a new property tax. It’s the Residential Property Developer Tax, first announced at the start of...

11 October 2021

From: Breaking News

Housing market to stay strong in 2022 says buoyant Halifax

House prices rose by the most in almost 15 years in September ahead of the end of the stamp duty holiday.  The...

08 October 2021

From: Breaking News

Stamp Duty: should it change to promote much more downsizing?

An interesting demand has been made of Chancellor Rishi Sunak - to consider reforming stamp duty with thresholds revised to reflect...

06 October 2021

From: Breaking News

HMRC probe into suspicious property deals revealed in leaked files

Chancellor Rishi Sunak says HM Revenue & Customs will probe any alleged wrongdoing in property purchases included in the so-called Pandora...

05 October 2021

From: Breaking News

Due diligence for buying process must improve - Propertymark

Propertymark has spoken out over the Pandora Papers leak scandal, which reveals many elite and super-rich buyers of properties in London...

05 October 2021

From: Breaking News

HMRC figures trigger fear of housing market slump

A leading market commentator is warning that transactions and prices will fall without the stimulus of the stamp duty holiday. Karen Noye,...

04 October 2021

From: Breaking News

The Scores Are In: here’s the data behind the stamp duty holiday

Rightmove has estimated how many people benefitted from the holiday and the estimated total saving in England. It says some one million...

04 October 2021

From: Breaking News

A Taxing Time: the property industry is set for increases

By the time I next write this column, we’ll be just days before the next Budget and Autumn Statement. So I’ll...

02 October 2021

From: Features

We Salute You! - industry tribute after the stamp duty holiday frenzy

The stamp duty holiday concluded at midnight, marking the end of the busiest period for the industry - all parts of...

01 October 2021

From: Breaking News

Warning - top index says first time buyer deposits “very challenging”

House prices rose by just 0.1 per cent in September - but they are still increasing by 10 per cent a...

01 October 2021

From: Breaking News

Stamp Duty - success of tax break shows why reform is needed

One of the leading figures in trade body Propertymark wants stamp duty to be reformed, and claims that the success of...

30 September 2021

From: Breaking News

Preparing for 2022 – How current trends will affect estate agencies

As we move into the autumn of 2021, what the coming year has in store for estate agents is something we...

29 September 2021

From: Features

Foxtons to review policy on ‘furlough bonuses’ for senior management

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...

29 September 2021

From: Breaking News

Property Tax Threat: Labour hints at rises to pay for social care

Labour leader Sir Keir Starmer has hinted for the second time that he is looking towards property to help fund his...

27 September 2021

From: Breaking News

Businesses, including agencies, hand back £1.3 billion in furlough money

New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...

22 September 2021

From: Breaking News

Claim: property tax revamp could free up as many as 600,000 homes

The government has been warned that its much-talked about levelling up agenda is ‘doomed to fail’ without major reform of the...

22 September 2021

From: Breaking News

Think tank rehashes ‘mansion tax’ to replace council tax and stamp duty

A think tank has proposed scrapping Council Tax and stamp duty in favour of an annual property levy.  The Institute for Public...

20 September 2021

From: Breaking News

Pincher survives as ruthless Johnson reshuffle concludes

Boris Johnson's sudden and unexpectedly ruthless Cabinet reshuffle, which drew comparisons with Margaret Thatcher's 'purge of the wets' in 1981, ended...

17 September 2021

From: Breaking News

Platform - proof of funds vitally important as stamp duty holiday end nears

Being able to show proof of funds in a quick, transparent and simple way is more crucial than ever to keep fall-throughs...

16 September 2021

From: Breaking News

How estate agents can ensure success in the fourth quarter of 2021

The worst of the Covid-19 pandemic appears to be firmly in the rear-view mirror as we move into the last quarter...

15 September 2021

From: Features

TPFG announces record interim results, boosted by Hunters acquisition

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

14 September 2021

From: Breaking News

Shock call that stamp duty holiday should have been shorter - RICS

A surprise statement from the Royal Institution of Chartered Surveyors says the stamp duty holiday, which goes on until the end...

09 September 2021

From: Breaking News

Property tax threat returns as government sets Budget date

Lost in the noise of yesterday’s social care announcements, Chancellor Rishi Sunak has named October 27 as his next Budget Day...

08 September 2021

From: Breaking News

EweMove's parent company acquires financial services business

The Property Franchise Group - the UK's largest property franchisor, which owns EweMove and other brands - has acquired 80 per...

08 September 2021

From: Breaking News

High house prices here to stay thanks to Covid’s legacy

The lifestyle changes triggered by the pandemic are likely to have a lasting effect on the housing market, pushing property prices permanently...

08 September 2021

From: Breaking News

Rent Controls - It’s Back To The Future

Few political policies have such a ring of the past as rent controls - they were last seen in this country...

04 September 2021

From: Features

Business Rates: call to stop online firms being let off the hook

A plea has been made to the government to help small companies and stop letting online firms off the hook. The Federation...

02 September 2021

From: Breaking News

Prices to soar more than expected - despite stamp duty return

Scotland was the first UK nation to scrap the equivalent of its stamp duty holiday, yet already the official economic monitor...

02 September 2021

From: Breaking News

Property Natter - will UK agents ever be seen as true professionals?

There are some parts of the world, including in both the Northern and Southern hemispheres, where estate agent isn’t seen as...

28 August 2021

From: Features

Buying a home is expensive - keeping it is even more…

An estate agency comparison website has conducted research into how much it costs to simply keep an average home in a...

26 August 2021

From: Breaking News

Self-Build Homes - government backs call for 40,000 a year

Proposals to resuscitate the self-build housing sector have been welcomed by the government. Conservative MP Richard Bacon has published an independent report...

24 August 2021

From: Breaking News

Stamp Duty Holiday did NOT cause market frenzy - claim

An unexpected claim was made over the weekend - that the long-running stamp duty holiday was not, after all, behind the...

23 August 2021

From: Breaking News

New market appraisal guides go live on OnTheMarket

OnTheMarket’s new market appraisal guides - first announced some months ago - have this morning gone live.  In June OTM announced a...

23 August 2021

From: Breaking News

Revealed - What Agents Should Watch For This Autumn

I’m sorry to break this to you but in 10 days’ time it will be autumn - and we will have...

21 August 2021

From: Features

Sector reform - stamp out this market malaise

Every so often it comes around – the argument that stamp duty should be reformed/removed/replaced (delete as appropriate). But why? Where’s the...

21 August 2021

From: Features

Lloyds Bank to buy 50,000 homes in coming years

The housing market could be in for a financial boost of an unusual kind as a High Street bank plans to...

20 August 2021

From: Breaking News

Over 18% house price rise in one part of UK - government data

Average house prices increased by 13.2 per cent over the year to June - the highest annual growth rate since November...

19 August 2021

From: Breaking News

Foreign rich wooed by full-size models of London homes built overseas

Agents and developers are creating full-size show home-style properties overseas in a bid to woo wealthy foreigners who cannot travel to...

18 August 2021

From: Breaking News

Scrap Stamp Duty! Think tank says it worsens affordability

A highly influential think tank says stamp duty should be scrapped for all house purchases once and for all. Alexander Hammond of...

17 August 2021

From: Breaking News

Stamp duty holiday over - but still big house price rises

House prices in Wales - where the equivalent of the stamp duty holiday has fully ended - rose to a new...

17 August 2021

From: Breaking News

HMRC targets property transactions after slump in tax income

HM Revenue & Customs is reported to be targeting recent home buyers after a slump in income from property taxes during...

13 August 2021

From: Breaking News

Purplebricks admits short term disruption but CEO makes pay pledge

The chief executive of Purplebricks says he wants to move his agency’s 600 Local Property Experts from self-employed to employed status...

10 August 2021

From: Breaking News

This is what the market will do after the stamp duty holiday (maybe)

There’s already plenty of talk about autumn - depressing huh? - with agents pondering how the housing market will respond to...

07 August 2021

From: Features

Capital Gains Tax threat returns - property “disposals” warning

A leading tax expert is advising investors to “plan your disposals” after new Capital Gains Tax figures have raised speculation of...

06 August 2021

From: Breaking News

Property firm says additional home owners should pay higher tax

A prominent property consultancy is urging the government to ensure that holiday home owners pay more tax.  Colliers claims local authorities are...

06 August 2021

From: Breaking News

Leap in house sales income for Savills as Covid bounce back continues

Savills has reported a bounce back after the Covid-hit performance in 2020. The agency has substantial overseas and commercial property and consultancy...

05 August 2021

From: Breaking News

Taylor Wimpey profits over twice sum spent on cladding safety work

Volume house builder Taylor Wimpey has announced a pre-tax profit for the first half of this year of £287.5m - and...

05 August 2021

From: Breaking News

Record figures for Your Move parent firm as it swings to finance

LSL Property Services - parent company of Your Move, Reeds Rains and Marsh & Parsons - has reported record figures as...

04 August 2021

From: Breaking News

Agents to issue tax information to prospective buyers

Propertymark has worked with one of the UK governments to create an information sheet which, in virtual or hard copy firm,...

29 July 2021

From: Breaking News

Stamp Duty: Buyers caught out as higher prices trigger tax take

New research shows that the surge in house prices this year has taken homes in at least 25 areas of England...

29 July 2021

From: Breaking News

Is This The Alternative To Stamp Duty?

There’s gathering momentum to do ‘something’ about the unfairness of council tax and stamp duty. This isn’t new in principle. Agents have...

24 July 2021

From: Features

Post stamp-duty - keep the home market’s fires burning

Remember the early days of lockdown when there was a general panic? Perhaps the hot demand for toilet rolls was a sign...

24 July 2021

From: Features

Market to slow dramatically in the autumn, analysis predicts

The post-lockdown housing market boom is showing signs of a significant slowdown according to a new forecast. The prediction, from the quote...

23 July 2021

From: Breaking News

Agency repays Covid loan early because industry has done so well

Regional hybrid agency Hortons says its repaid its £50,000 bounce back loan at the earliest opportunity - because the industry has...

23 July 2021

From: Breaking News

Tory says “rich getting a free pass” on current property tax

A young Conservative says “the rich are getting a free pass” thanks to the current council tax system, and there should...

21 July 2021

From: Breaking News

New property tax demanded by MPs who want more money for councils

A group of MPs has suggested the government consider a “proportional property tax” to replace the current council tax, in a...

20 July 2021

From: Breaking News

The post-Covid outlook: what next for the lettings market?

Our long-awaited ‘Freedom Day’ approaches. From Monday all of the restrictions, introduced since the Covid-19 pandemic made an impact across the...

17 July 2021

From: Features

The Holiday Home Debate - Don’t Let Politicians Get Away With It

At first sight it’s a tough ask to defend holiday homes when there’s evidence that many who want to buy can’t,...

10 July 2021

From: Features

Foxtons chairman quits, blaming Brexit and Covid for poor performance

Foxtons’ chairman and longest-serving board member is to stand down at the end of this year at the latest, after a...

08 July 2021

From: Breaking News

They think it’s all over - is the housing boom at an end?

The Halifax is reporting a 0.5 per cent monthly drop in house prices, plus a fall in the annual rate from...

08 July 2021

From: Breaking News

Tax windfall for estate agents working from home during pandemic

Agency staff who worked from home at any point during the pandemic - even for just one day - can still...

05 July 2021

From: Breaking News

Labour condemns “failed approach” of stamp duty holiday

Labour says the stamp duty holiday is an example of the government’s “failed approach” to home ownership and housing affordability. Labour’s Shadow...

02 July 2021

From: Breaking News

Imagine there’s no stamp duty - It’s easy if you try…

A third of owners would consider moving more regularly if the stamp duty holiday on the first £500,000 of a purchase...

01 July 2021

From: Breaking News

Developers defend Help To Buy’s cost to taxpayers

A new analysis claims Help To Buy has improved building volumes and has not been a drain on taxpayers. The scheme which...

30 June 2021

From: Breaking News

Unique Property Reference Number concept backed by government

The government has thrown its weight behind the concept of Unique Property Reference Numbers as a way of speeding up transactions. UPRNs...

28 June 2021

From: Breaking News

Crazy times, hazy memories - looking back at more than 35 years in the industry

There are just three working days until the end of the stamp duty holiday for most buyers. That’s not even enough time...

26 June 2021

From: Features

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

Reapit unveils latest added-value app accessed via CRM platform

Home set up and utility management service Just Move In is the latest partner on Reapit’s CRM. The 5,000-plus agents who use Reapit’s...

23 June 2021

From: Breaking News

Capital Gains Tax threat to homes put on back burner

The possible introduction of higher levels of Capital Gains Tax for the sale of buy to let, holiday homes or even...

21 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

Stamp Duty Reform: Government dismisses call for change

The government has dismissed a call for reform of the stamp duty system, which would have meant the tax would apply...

11 June 2021

From: Breaking News

Buy-to-Let: is the outlook improving for landlords?

There are an estimated 2.7 million landlords in the private rented sector (PRS) providing rental accommodation to multiple generations of tenant,...

09 June 2021

From: Features

Boom after boom - price rises now at seven year high says the Halifax

Annual house price inflation is now at its strongest level in nearly seven years, says the Halifax House Price Index. The average...

08 June 2021

From: Breaking News

Have buyers been conned about the stamp duty holiday benefits?

An estate agency says disgruntled and delayed property buyers are fast falling out of love with the stamp duty holiday, which...

07 June 2021

From: Breaking News

At last - Prime Central London shows house prices growth again

Prices in prime central London grew by 0.3 per cent in the year to May - tiny rise but a significant...

07 June 2021

From: Breaking News

Property Natter: talking Brexit, Covid, USPs and mews homes with Lurot Brand

Independent agents come in all shapes, sizes and looks, many with their own USPs and little quirks. It is this variety...

05 June 2021

From: Features

The Cladding Scandal – what do you need to know?

The Grenfell Tower disaster in June 2017 exposed the dangers of inflammable cladding on residential tower blocks, and what has come...

05 June 2021

From: Features

Agents Do Charity - everything from a tuk-tuk to a give-give

Hello - it’s Friday already and that means more salutes to those in our industry raising money for good causes. If...

04 June 2021

From: Breaking News

Stamp Duty: Government to set out response to call for change

The government is to answer a call made in an online petition for stamp duty to apply when contracts are exchanged,...

01 June 2021

From: Breaking News

Leading politician says sales tax on homes could help local buyers

One of the country’s leading politicians says a yet-to-be-revealed way of taxing property sales could be one way of helping homes...

01 June 2021

From: Breaking News

Book Review: The Keys To The Capital by James Macleod

Books about property are, relatively speaking, commonplace - books by estate agents are far less so, hence the interest in The...

29 May 2021

From: Features

Propertymark: your voice matters, make sure it’s heard

In an industry which is faced with constant changes in day-to-day practices and even more so given the Covid terrain which agents...

22 May 2021

From: Features

Capital Gains Tax and Property Sales - report calls for overhaul

A report by the Office of Tax Simplification on Capital Gains Tax has called for a series of changes. They include extending...

21 May 2021

From: Breaking News

Housing boom may outlast stamp duty holiday, says Bank chief

The Bank of England’s deputy governor says it’s possible that the current housing market boom may continue even after the end...

21 May 2021

From: Breaking News

Scrap Stamp Duty and implement annual property tax - call

A think tank wants the government to scrap stamp duty and replace it with an annual property tax based on capital...

20 May 2021

From: Breaking News

Two years on - how can agents comply with the Tenant Fees Act?

It’s nearly two years since The Tenant Fees Act came into force for tenancies in England. On 1 June 2019 it...

19 May 2021

From: Features

Is the tide turning for the lettings industry?

It’s been quite a week for the rental sector. Lettings agents and landlords have had such a torrid time in recent years...

15 May 2021

From: Features

Capital Gains Tax glitch hits property sales, says accountancy firm

Some sellers are suffering cash flow issues as a result of glitches in the Capital Gains Tax reporting system, according to...

14 May 2021

From: Breaking News

 Bal Arora – Managing Director at Orlando Reid

Who are you and what does it say on your business card?  Bal Arora – Managing Director In your experience, what is the...

13 May 2021

From: 60 Second Interview

OnTheMarket data deal means free market appraisal guides for agents

OnTheMarket has signed an exclusive commercial partnership with property data specialist Sprift, to provide free market appraisal guides. These can be customised...

13 May 2021

From: Breaking News

Prices up 10% a year? It could happen next month says agency chief

A market analysis by Fine & Country suggests that annual house price inflation could hit 10 per cent next month. Nicky Stevenson,...

10 May 2021

From: Breaking News

What should agents do with cool customers in a hot market?

Property owners who play it cool when it comes to marketing their home find their frustration soon becomes overheated. The constant we...

08 May 2021

From: Features

Capital Gains Tax fear for properties with dedicated home offices

An agent has contacted Estate Agent Today to issue what he calls “an urgent alert” about the risk of Capital Gains...

06 May 2021

From: Breaking News

New Property Tax - consultation begins on 'cladding' tax proposal

The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding...

30 April 2021

From: Breaking News

Stamp Duty Petition: should holiday apply when contracts exchange?

A new petition has been launched asking the government to make the stamp duty holiday apply when contracts are exchanged, rather...

28 April 2021

From: Breaking News

Furlough funding refunded to government by major agency group

Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...

28 April 2021

From: Breaking News

Hybrid EweMove booming with sales and pipeline soaring

The Property Franchise Group’s hybrid agency EweMove more than doubled its income in 2020 to £5m, according to a statement to...

28 April 2021

From: Breaking News

Stamp Duty receipts soar despite the holiday

If you’re worried the stamp duty holiday is denying the Treasury of much-needed income, think again. Stamp duty receipts soared to £1,196...

26 April 2021

From: Breaking News

Second homes will create a “lost generation” claims nationalist

A nationalist candidate in next month’s elections claims there is a second homes crisis which may create a “lost generation” of...

26 April 2021

From: Breaking News

Property Natter: why agency must never become a closed shop

The biggest news story in town this last week – which has brought people who don’t usually like or watch football...

24 April 2021

From: Features

£1m bonus package for Foxtons boss despite huge shareholder rebellion

Controversial Foxtons chief executive Nic Budden is to pocket a bonus package of around £1m - despite a huge shareholder rebellion at...

23 April 2021

From: Breaking News

Countrywide investor’s warning shot at underperforming Foxtons

The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...

20 April 2021

From: Breaking News

SDLT not a problem for most first time buyers even as holiday ends

Some 80 per cent of the property market will remain free of stamp duty for first-time buyers, even after the current...

20 April 2021

From: Breaking News

Prince Philip: how the property landscape changed during his century

For many, the funeral of HRH Prince Philip will be a solemn affair, while for some it will also be a...

17 April 2021

From: Features

Make stamp duty cut permanent, international economists tell UK

The UK government has been told it should make the stamp duty cut permanent to encourage investment and make it easier...

16 April 2021

From: Breaking News

Foxtons Fat Cats: Has the company been milking the taxpayer?

Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid...

15 April 2021

From: Breaking News

Stamp Duty Holiday has only limited impact on housing market - claim

A leading agency claims the stamp duty holiday has actually had a minimal impact in the mainstream market, despite many suggestions...

13 April 2021

From: Breaking News

Property market evolution - it’s a balancing act for all of us

The UK property market is always evolving but never as quickly as it is now. Traditional estate agents are seriously questioning...

07 April 2021

From: Features

Anti-stamp duty campaigner fined … for stamp duty avoidance

One of the most outspoken campaigners against stamp duty has been fined for avoiding tens of thousands of pounds in … stamp...

07 April 2021

From: Breaking News

Stamp Duty reform would speed sales says another leading Tory MP

The MP leading a new parliamentary committee on the housing market says a radical reform of tax would help more people move...

06 April 2021

From: Breaking News

Stamp Duty Holiday has been a con, suggests property firm chief

The stamp duty holiday has backfired and buyers almost everywhere are paying more for homes, rather than less. StripeHomes analysed house price...

06 April 2021

From: Breaking News

Boomin - What’s the verdict?

The launch of Boomin has been and gone with, perhaps, something less than its expected fanfare of publicity. Of course there are...

03 April 2021

From: Features

No short-term lets regulation for now - what could this mean for the PRS?

Licensing of the short-term lets sector in Scotland was due to be introduced next month. However, it was recently announced that...

03 April 2021

From: Features

Multiple Dwellings Relief – what do property agents need to know?

Estate agents play a key role in identifying tax savings that can benefit all parties. If a purchaser can benefit from...

03 April 2021

From: Features

Stamp duty surcharge won’t hurt foreign buyer market - claim

A prominent London agency says today’s new two per cent stamp duty surcharge imposed on most overseas buyers will not dampen...

01 April 2021

From: Breaking News

PRS policy chat - what's next for agents and landlords?

Earlier this month, Fixflo held a webinar with David Cox, legal and compliance director of Rightmove, to discuss key government policies...

31 March 2021

From: Features

Stamp Duty Holiday red tape will cost taxpayers £750,000

It’s costing taxpayers £750,000 just for the government to update its IT systems to handle the stamp duty holiday.  In a document...

29 March 2021

From: Breaking News

Tax Day was just a damp squib says leading industry analyst

The government’s highly-anticipated Tax Day was just a damp squib.  That’s the view of leading analyst Anthony Codling, who says the almost complete...

24 March 2021

From: Breaking News

Limited property tax proposals unveiled by government

Some 30 tax documents have been released by HM Treasury this afternoon - a mix of responses to past consultations, proposals...

23 March 2021

From: Breaking News

Stamp Duty holiday will benefit 500,000 sales this year - forecast

Zoopla has crunched the numbers for the continuing stamp duty holiday in England and Northern Ireland, calculating 500,000 buyers will have...

23 March 2021

From: Breaking News

New data deal means agents get discounted property reports

PropTech firm Sprift has entered into a deal with The Guild of Property Professionals. The partnership means that Guild member agents have...

23 March 2021

From: Breaking News

Stamp Duty pledge by Conservatives ahead of local elections

The Conservatives have promised that first time buyers would not pay tax when buying a home in Wales if the party wins...

23 March 2021

From: Breaking News

Stamp Duty receipts drop just 6% in the past year, despite holiday

Stamp Duty receipts for the year to the end of February fell just six per cent despite the high profile SDLT...

22 March 2021

From: Breaking News

Fears grow of Capital Gains Tax changes to be unveiled next week

There is growing speculation that a raft of tax proposals to be unveiled next week will include reform of Capital Gains...

19 March 2021

From: Breaking News

Capital Gains Tax reform could wreak huge damage on housing market

There’s a warning this morning that possible tax reforms to be unveiled next Monday could wreak huge damage on the property...

17 March 2021

From: Breaking News

It's the biggest sellers' market in a decade - Rightmove

Rightmove says the excess of demand over supply right now is bigger than at any time over the past decade -...

15 March 2021

From: Breaking News

Should Foxtons repay its furlough money?

Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...

12 March 2021

From: Breaking News

Over 550,000 sales (and many agents) benefit from stamp duty holiday

The latest breakdown of the stamp duty holiday extension has given a first estimate of the total number of deals to...

11 March 2021

From: Breaking News

Stamp Duty Mess: agents face three different cliff edges across the UK

Varying decisions across the country means the dreaded stamp duty cliff-edge will hit the market at different times in different UK...

05 March 2021

From: Breaking News

Labour attacks stamp duty break as “a half billion pounds giveaway”

Labour says Chancellor Rishi Sunak “will give away half a billion pounds to second homeowners and landlords through the stamp duty...

05 March 2021

From: Breaking News

Stamp Duty: new cliff edge or cause for delight?

Rarely do Budgets produce positive sentiments from the agency industry but Chancellor Rishi Sunak appears to have won widespread support for...

04 March 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 extension revealed by Chancellor Sunak

Chancellor Rishi Sunak says the stamp duty holiday on properties up to £500,000 will be extended from March 31 to June 30; from...

03 March 2021

From: Breaking News

Budget Briefing: Four things to watch for in today’s Budget

Today’s Budget is the most eagerly-anticipated for many years, as it juggles to shore up the economy with the longer-term issue...

03 March 2021

From: Breaking News

Stand by for Capital Gains Tax changes later this year - experts

Tax experts suggest the widely expected reform of Capital Gains Tax is unlikely to be announced in tomorrow’s Budget - at...

02 March 2021

From: Breaking News

Big property tax increases may be held back until after Budget

It’s been revealed that some far reaching changes to property taxes may not be unveiled at Wednesday’s Budget and may wait...

01 March 2021

From: Breaking News

Phil Spencer: Budget rumours - pros and cons for agents

With just two days to go, it's fair to say the property industry is eagerly awaiting Chancellor Rishi Sunak's Budget statement...

01 March 2021

From: Breaking News

Stamp Duty clarity must be Budget priority says top agent

A leading agent says the worst thing that could happen with Wednesday’s Budget is if the Chancellor does not deliver on...

01 March 2021

From: Breaking News

Honesty – and a leak - see the property market through ‘crisis’

Honesty is a concept that journalists will tell their readers is non-existent for estate agents. Yeah, right! But as the end...

27 February 2021

From: Features

Bad Idea? Stamp Duty Holiday extension could backfire...

A prominent conveyancer has hit out at the extension to the stamp duty holiday, which is now ending in late June and...

25 February 2021

From: Breaking News

Agents’ delight as stamp duty extension helps another 300,000 deals

Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates...

25 February 2021

From: Breaking News

Connells says it's UK's leading agency even before Countrywide acquisition

Connells Group says it is the UK's largest estate agency group by market share - and that's before the Countrywide acquisition...

24 February 2021

From: Breaking News

Stricter EPC targets will deter buyers from moving - warning

Propertymark has slammed government energy efficiency proposals as being “unrealistic, too simplistic and could deter people from moving home.” A formal consultation...

19 February 2021

From: Breaking News

Lawyers demand stamp duty action to stop dream homes being lost

The Law Society for England and Wales says it wants action now to prevent tens of thousands of  transactions collapsing at...

19 February 2021

From: Breaking News

Six week stamp duty holiday extension would help 160,000

The Chancellor’s rumoured six week extension to the stamp duty holiday has been backed by Rightmove. Over last weekend the Daily Telegraph,...

17 February 2021

From: Breaking News

Stamp duty holiday may be extended for some buyers - report

The Chancellor is considering extending the stamp duty holiday for a short period according to a newspaper report this morning. The Daily...

13 February 2021

From: Breaking News

It’s time to stamp on stamp duty speculation

You can always tell when Budget day is approaching. There’s lots of comment from every imaginable quarter about what the Chancellor of...

13 February 2021

From: Features

Reservation Agreements will win instructions for agents, says supplier

Agents should put as much emphasis on ensuring a house move actually happens as on winning the instruction to begin with,...

12 February 2021

From: Breaking News

Two new property taxes announced by Housing Secretary

The government has given details of two new taxes to provide funds to address the cladding problem on high rise tower blocks...

11 February 2021

From: Breaking News

Stamp Duty reform “very unlikely” says Conservative housing guru

An MP demanding a root and branch reform of property taxation, including scrapping stamp duty, says the chance of fundamental reform is...

11 February 2021

From: Breaking News

Unsellable: Thousands of flats remain impossible to mortgage or sell

Agents and a wide range of property experts have demanded yet more government funds to end the cladding crisis that is...

11 February 2021

From: Breaking News

New tax and billions more for cladding - but is it enough?

Housing Secretary Robert Jenrick has announced “an exceptional intervention” promising that leaseholders in high-rise buildings above 18 metres will bear no...

10 February 2021

From: Breaking News

Sellers and buyers must bargain as March 31 cliff edge nears - call

A leading agency chief suggests there will have to be substantial bargaining between buyers and sellers as the stamp duty holiday cliff...

10 February 2021

From: Breaking News

Brexit and Boris backer calls for stamp duty to be scrapped

One of the chief figures behind Brexit and Boris Johnson’s role as London Mayor is now advising that stamp duty should be...

09 February 2021

From: Breaking News

Stamp Duty may not be so bad after all, argues leading analyst

A housing market analyst says stamp duty, for all its unpopularity within the property industry, may not be so bad after...

08 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

Foreign investors may be banned from some waterfront properties

The high-end housing market on Jersey has been rocked by a plan from the island’s government which may ban foreign investors from...

08 February 2021

From: Breaking News

Has the Stamp Duty Holiday extension campaign worked?

There is no scientific formula, no list of must-have elements in a successful campaign. That’s especially the case for a campaign involving...

06 February 2021

From: Features

Calls grow to reform ALL property taxes, not just stamp duty

Pressure is building for widespread property tax reform beyond short term issues regarding stamp duty. Many MPs in this week’s 65-minute special...

05 February 2021

From: Breaking News

Extending Stamp Duty Holiday is top demand for Budget 2021

A 10-point ’must have’ list of demands for Chancellor Rishi Sunak’s Budget on March 3 has been issued by NAEA Propertymark. It’s...

04 February 2021

From: Breaking News

Official data shows why phased end to SDLT break is key - top agent

New government figures show that stamp duty transactions in the final quarter of last year were 43 per cent higher than in...

04 February 2021

From: Breaking News

New Property Tax Grab: Wealth tax supporters repeat call for levy

A group that last year floated the concept of a one-off wealth tax - which would include taxing main homes as...

03 February 2021

From: Breaking News

Scrap stamp duty cliff edge ‘to help people stick to Covid guidelines’

The government needs to step in to rescue two valuable property incentives before they expire at the end of March, a...

03 February 2021

From: Breaking News

Should agents repay Business Rates relief because offices were open?

Almost a year ago the government announced that estate and lettings agencies were to be included in the business rates relief...

02 February 2021

From: Breaking News

Stamp Duty Debate As It Happened - What MPs Said

Labour and Conservative MPs have expressed a unanimous view on their desire to see an extension of the stamp duty holiday...

01 February 2021

From: Breaking News

D-Day - will MPs back industry call for stamp duty holiday extension?

Today’s the day when Parliament debates a possible extension to the stamp duty holiday beyond its March 31 cliff edge deadline...

01 February 2021

From: Breaking News

Labour enters cladding controversy by forcing vote in Commons

Labour has entered the cladding controversy by calling a vote in the House of Commons to force government action on the...

01 February 2021

From: Breaking News

Do you know what tenants want in 2021?

As we now find ourselves in the UK’s third national lockdown in 10 months, what tenants want, and need from their...

30 January 2021

From: Features

Lockdown means viewings and sales will fall, says Phil Spencer

Property commentator Phil Spencer says lockdown - which we know will now last for another six weeks at least, and possibly...

28 January 2021

From: Breaking News

What is happening to house prices during the third lockdown?

Homeowners staying at home during another lockdown are doing more than sharing memes of groundhog day or doing family quizzes on...

27 January 2021

From: Features

Failed Sales fear as Stamp Duty Holiday cliff edge approaches

A large majority of estate agents fear a surge in 'failed sales’ as the stamp duty holiday cliff edge gets ever-closer. The latest National...

27 January 2021

From: Breaking News

Extend stamp duty holiday for exchanged properties, say finance chiefs

The stamp duty holiday should be extended to include properties that have exchanged but have yet to complete, a leading accountancy...

26 January 2021

From: Breaking News

Video – Phil Spencer and Henry Pryor on lockdown, stamp duty and 95% mortgages

In a wide-ranging video interview for his Move iQ service, Phil Spencer speaks to buying agent and TV property pundit Henry...

23 January 2021

From: Features

Big majority of first time buyer mortgages now over 25 years

Some 70 per cent of first time buyers in 2020 took out mortgages in excess of 25 years, says the Nationwide. A decade...

20 January 2021

From: Breaking News

Stamp Duty Holiday: is it really just a subsidy for London buyers?

London buyers have been by far the biggest winners from the stamp duty holiday according to new research. The Keller Williams UK...

19 January 2021

From: Breaking News

Dozens of Tory MPs demand stamp duty extension from Sunak

The Northern Research Group, which has the backing of over 50 Conservative MPs in the north of England, wants the Chancellor...

18 January 2021

From: Breaking News

Fall-throughs to rise as 100,000 face stamp duty disappointment

The latest Rightmove analysis shows it now takes 126 days from the time an offer is accepted until legal completion -...

18 January 2021

From: Breaking News

PropTech provider claims “most comprehensive report” on any property

A PropTech firm claims its new interactive property reports are “the most comprehensive on any UK property” and reduce the need...

18 January 2021

From: Breaking News

MPs to debate stamp duty as Chancellor considers extension

Chancellor Rishi Sunak is considering an extension to the current stamp duty holiday according to media reports today - and the...

17 January 2021

From: Breaking News

Agents accused of “feigning hysterics” over stamp duty cliff-edge

Two of the most outspoken agents in the industry have criticised those calling for an extension to the stamp duty holiday...

14 January 2021

From: Breaking News

Make sellers pay stamp duty, senior industry figure suggests

One of the most respected figures in the industry, trainer and consultant Richard Rawlings, is suggesting that stamp duty should be...

14 January 2021

From: Breaking News

Could autonomous transportation affect the property market?

In the not-too-distant future, it will be possible to order a driverless car to collect you and then drive you to...

13 January 2021

From: Features

Stamp Out The Duty - new campaign launched by newspaper

A national newspaper is today launching a campaign for the stamp duty holiday to be extended. The Daily Telegraph says its campaign...

13 January 2021

From: Breaking News

Countrywide and Foxtons back new scheme to speed conveyancing

Countrywide and Foxtons have thrown their weight behind an idea to identify every single UK residential property with a unique number. The...

13 January 2021

From: Breaking News

Property viewings should stop, Labour tells government

Sir Kier Starmer has told the government it should look again at whether estate agents’ viewings of properties for sale and...

11 January 2021

From: Breaking News

RICS finance controversy - new allegations made by newspaper

The Sunday Times has made new and detailed allegations regarding the Royal Institution of Chartered Surveyors. For some weeks the newspaper has...

11 January 2021

From: Breaking News

2021 will not hold back Agents who are prepared to adapt

With the Government announcement this week of another national lockdown across England amid the surging coronavirus infections, it once again puts...

08 January 2021

From: Sponsored Content

Stamp Duty Holiday - Do The Right Thing Rishi!

There’s growing optimism that an extension to the stamp duty holiday - thought to be off the agenda just days ago...

07 January 2021

From: Breaking News

Banks may not be able to cope with mortgage demand, warns agency

New figures from the Bank of England show that mortgage approvals rose 7.0 per cent in November to reach 105,000 -...

06 January 2021

From: Breaking News

Stamp duty cliff-edge could throw away market growth - warning

The sudden end of the stamp duty holiday at the end of March could throw away the market gains achieved in...

06 January 2021

From: Breaking News

Phil Spencer: What challenges lie ahead as 2021 gets underway?

Following a turbulent 2020 in which the property market and the professionals working within it excelled in the face of unprecedented...

04 January 2021

From: Breaking News

You guessed it…10 things to watch for in 2021

Here’s hoping you managed to have as good a Christmas and New Year as Covid rules allowed. Journalism in early January is...

02 January 2021

From: Features

2021 preview – what do letting agencies need to prepare for?

As we approach the end of the year, there is no doubt that it has been a turbulent 12 months for...

02 January 2021

From: Features

Top online agency reveals £17.8m loss - can online ever be profitable?

A £17.8m pre-tax loss has been reported by Yopa in its latest financial statement filed at Companies House. Figures lodged just before...

29 December 2020

From: Breaking News

Current regulation of estate agents unenforceable admits Propertymark

Propertymark has told the government that it needs to introduce overarching regulation of agents now, because existing piecemeal provisions are unmanageable...

24 December 2020

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

Furlough Fraud: MPs want agencies and other claimants named

MPs want the government to publish the names of estate agencies and other companies claiming furlough funding. The all-party Public Accounts Committee of...

21 December 2020

From: Breaking News

Countrywide brand teams up with tax haven island agency

One of Countrywide’s high-end brands, Hamptons, has joined in what it calls “a new residential partnership” with an agency on the...

21 December 2020

From: Breaking News

Online and super-prime agencies blasted by government report

Around half of all estate agencies selling homes for £5m or more have not even registered for anti-money laundering processes, and/or...

18 December 2020

From: Breaking News

Budget date is in time for U-turn on stamp duty holiday extension...

The next Budget will be held on March 3 next year - in time for Chancellor Rishi Sunak to change his...

18 December 2020

From: Breaking News

Agents demand immediate tax action to help market

NAEA Propertymark has written to the Scottish Government demanding it extend the current Land and Buildings Transaction Tax holiday - the...

17 December 2020

From: Breaking News

Market frenzy to last until spring at least says Rightmove

If you fear the market will slow after Christmas, think again - Rightmove is expecting several months of frenzied transactions to...

14 December 2020

From: Breaking News

What leaving the EU means for anti-money laundering legislation

The coronavirus pandemic has somewhat eclipsed Brexit this year – which is no mean feat. Cast your mind back to pre-Covid...

12 December 2020

From: Features

Price falls lead to stronger sales in super-prime London says agency

In the six months to November there’s been a 79 per cent increase in sales of homes priced £5m to £10m says Knight...

11 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

UK’s property taxes highest in world according to official figures

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...

09 December 2020

From: Breaking News

New homes slated for “stubbornly low” design quality

The design quality of new homes and neighbourhoods across the UK remains stubbornly low, according to a new report by academics.  The...

09 December 2020

From: Breaking News

On The Fence! - MPs stay neutral over stamp duty holiday extension

MPs lobbied by agents to extend the stamp duty holiday are staying firmly on the fence with standard answers and no...

08 December 2020

From: Breaking News

Agents can do more to speed up transactions by adopting technology

Recent debate about urgent need for reform and better collaboration within the property industry, has once again come under the spotlight...

04 December 2020

From: Sponsored Content

PropTech Today: Weak leadership threatens innovation

After you. No, after you. That is often how innovation seems amongst the real estate elite. And this week I see it...

02 December 2020

From: Breaking News

Stamp duty clampdown revealed by HMRC and advertising watchdog

HM Revenue and Customs and the Advertising Standards Authority are working together to cut out misleading marketing by promoters of stamp...

30 November 2020

From: Breaking News

Rural property benefits from Covid-19 and the property use revolution

The secure Conservative victory in the 2019 General Election meant the property market in the sunlit uplands was set for a...

28 November 2020

From: Features

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

Stamp duty holidays don’t help market, claims tax expert

Stamp duty breaks have historically done little to help the housing market - and it’s the same now. So says David Hannah,...

26 November 2020

From: Breaking News

Multiple tough lockdowns have not deterred this housing market

Average house prices in Wales have risen three per cent in the past year, despite multiple difficult lockdowns considered more severe...

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

Lobby your MP over stamp duty holiday extension, says Guild

The Guild of Property Professionals is urging the industry - all agents, not just its own members - to lobby MPs...

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

Countrywide faces multiple risks if it doesn’t sell to Connells - claim

Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if...

23 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

Fall-throughs threat: Buyers will pull out if they miss SDLT deadline

A survey of people currently buying property suggests as many as a quarter may pull out if they know they’ll miss...

11 November 2020

From: Breaking News

Countrywide shares soar despite more branch closures

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

10 November 2020

From: Breaking News

Agents back to work today after 17-day ‘fire break’ in Wales

While England’s national lockdown exempts the housing market and allows agents to operate normally, it’s not been the same in Wales...

09 November 2020

From: Breaking News

Lettings 2.0 - technology alone isn’t the answer

The UK lettings market is no stranger to technology. But only a few of the early initiatives have remained, and landlords...

07 November 2020

From: Features

Four revenue generation tips for letting agents

What are the best ways for a letting agency to generate additional revenue and stay ahead of the competition? Management fees are...

07 November 2020

From: Features

Fears grow over lockdown impact on transactions

The national lockdown beginning on Thursday makes the case for an extension to the stamp duty holiday, according to a tax...

03 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 receipts up despite first time buyer exemption

Figures just released from HM Revenue & Customs show just how much stamp duty buyers pay, at least before the current holiday...

02 November 2020

From: Breaking News

Keeping the property market moving

It’s been an unexpected year for the property market, shaped by the effects of the pandemic. We didn’t quite anticipate the...

27 October 2020

From: Sponsored Content

New stamp duty surcharge may push up house prices - claim

The new two per cent stamp duty surcharge applying to non-resident buyers may cause a wide range of properties to be...

27 October 2020

From: Breaking News

Conveyancing: these two things can facilitate superior handovers

The Stamp Duty Land Tax holiday has been a hot topic of conversation for many in the residential property industry –...

24 October 2020

From: Features

Latest legislation – how can agents and landlords be compliant?

In recent years, the extent and role of the private rented sector (PRS) in the housing market has seen significant changes. The...

24 October 2020

From: Features

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

Tax expert claims buyers of homes-with-annexes may pay excess SDLT

A tax expert says his research suggests some buyers of homes with annexes may have paid too much stamp duty on...

22 October 2020

From: Breaking News

Call for mortgage guarantee scheme plus longer stamp duty holiday

The National Association of Estate Agents wants the government to initiate a mortgage guarantee scheme to encourage more 95 per cent...

20 October 2020

From: Breaking News

How to make client accounting software migration a breeze

When letting agents are preparing to migrate from one piece of client accounting software to another, it can sometimes seem like...

17 October 2020

From: Features

House price inflation at four year high but concern over virus

House prices in September were 7.3 per cent higher than a year earlier – the highest house price inflation since June 2016. The Halifax...

08 October 2020

From: Breaking News

Could employee ownership be a good option for estate agencies?

In July, here at Environet UK, we transferred 100% ownership of the company to our employees, in the form of an...

07 October 2020

From: Features

London house prices over-valued despite Brexit doldrums - bank

London’s properties are “over-valued” according to a leading bank. UBS, which has what it calls a Global Real Estate Bubble Index, says...

07 October 2020

From: Breaking News

Stamp Duty may have been overpaid by 120,000 buyers - claim

Stamp duty specialist consultancy Cornerstone Tax claims some 120,000 buyers in the UK may be owed SDLT refunds. It says that in...

06 October 2020

From: Breaking News

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

Confirmed: Agents WILL have to wear masks in branch offices

Prime Minister Boris Johnson has announced that all retail staff will be obliged to wear masks when working - and it's now...

22 September 2020

From: Breaking News

Absurdities of council tax laid bare in new league table

The irrationality of Britain’s council tax system has been laid bare in a new league table drawn up by estate agency...

21 September 2020

From: Breaking News

Stamp duty: 'Zero likelihood' tax rise for overseas buyers will be scrapped

A tax expert says that there is 'zero likelihood' of the government changing its mind on stamp duty changes for overseas...

15 September 2020

From: Breaking News

Insight - what’s really going on in the property market?

If you’re in any way connected to estate agency all it takes is a quick glance at Facebook or LinkedIn to...

12 September 2020

From: Features

Profits and revenue slump for Winkworth as franchise interest slows

Franchise giant Winkworth has reported an 11 per cent drop in gross revenue and profit plummeting 20.2 per cent in the...

10 September 2020

From: Breaking News

Stamp duty surcharge - details emerge for non-resident purchases

The government has published draft legislation giving further details on the two per cent stamp duty surcharge on non-residents purchasing residential...

10 September 2020

From: Breaking News

Hybrid agency outpaces High Street brands, company results show

Hybrid agency EweMove has outperformed its traditional sister companies within The Property Franchise Group over the past six months. That’s the clear...

09 September 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

It’s a trap! Stamp duty holiday could lead to property taxes - claim

A prominent industry figure says the current stamp duty holiday could effectively be a trap to lure in buyers who will...

21 August 2020

From: Breaking News

The agency that stood by its staff even as profits tumbled

Connells Group has announced its trading statement for the first half of 2020 - and its support for its staff is...

12 August 2020

From: Breaking News

Agents’ delight as mortgage lending bounces back

Mortgage approvals - a key indicator of short-term activity in the housing market - beat expectations in June according to Bank...

30 July 2020

From: Breaking News

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

Stamp duty holiday: the first change to benefit landlords in years

As expected within the property industry, the Chancellor announced a stamp duty holiday in his Summer Statement. This now means that...

25 July 2020

From: Features

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

Is the housing market really storming ahead as some say?

Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures...

22 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

New home sales duty takes effect today north of the border

The new thresholds for the Scottish equivalent of stamp duty come into effect today - a week after the SDLT holiday...

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 equivalent in Wales expected to be changed this week

The Welsh First Minister, Mark Drakeford, has suggested that there will be further housing market lockdown easing later this month. His announcement...

14 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

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 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

‘Property licence plates’ launched - agents should use them says Propertymark

Propertymark is calling in the government for agents to be trained in the use of software operating the Unique Property Reference...

02 July 2020

From: Breaking News

Stamp Duty cut would NOT help the market, claims tax specialist

A prominent tax specialist has suggested that stamp duty cuts would not help improve the housing market, despite many agents suggesting...

02 July 2020

From: Breaking News

The fraud risks facing the property sector as a result of Covid-19

Businesses across all sectors have struggled to adapt to the changes brought about by the Covid-19 pandemic. One group that have bucked...

01 July 2020

From: Features

Boom! Agency records highest ever number of offers accepted in a week

The post-lockdown surge in housing market activity has continued into its sixth week, as at least one agency’s indicators hit record...

25 June 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

Hybrid agency launches share offer for investors after rapid growth

One of the leading ‘new breed’ of hybrids relying on self-employed agents is opening a share offer to investors in a...

18 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

Delay property tax change until market revives, experts tell government

A taxation institute is urging the government to delay Capital Gains Tax changes relating to housing transactions until the virus crisis...

03 June 2020

From: Breaking News

Stamp Duty Holiday - Zoopla shows how it could help the housing market

Zoopla’s head of research says a stamp duty holiday could encourage more home owners to move which in turn could help...

28 May 2020

From: Breaking News