Last Wednesday's Budget saw the rate of stamp duty paid on second homes in England rise from 3% to 5% with almost immediate effect.
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Landlord profitability has hit its highest level since 2022 despite ongoing challenges in the market.
The new products all come with a fee of 3%, with a minimum of £750
The current Stamp Duty threshold of £425,000 is set to revert back to £300,000 in April next year.
A further reduction of interest rates is forecast to boost the usual seasonal trends seen in the New Year.
The Ministry of Housing, Communities, and Local Government’s ‘Brownfield Passport’ has received backing from Propertymark.
Steve McSorley, a structural engineer at Perega, shares his insight on how best to address the significant challenges presented by RAAC in homes.
The fact that the highly anticipated capital gains tax hike never materialised in the budget has been well received by landlords.
1 in 10 homes are now used as holiday lets in 7 areas of England and Wales.
Nick Lyons, CEO of inventory specialists NoLettingGo, looks at the cost to the Private Rented Sector of Labour’s first Budget since 2010.
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