Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. MTD for Income Tax Prior to the Autumn Budget, there was hope that the new Labour Government might further delay the introduction of Making Tax Digital for Income Tax (MTD for…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Autumn Budget 2024 – a summary for property landlords The Autumn Budget took place on 30 October 2024. This was Rachel Reeves’ first budget as Chancellor and it intended to restore stability…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Government confirms Furnished Holiday Let (FHL) abolition The government has now issued the draft legislation to abolish the special tax treatment of furnished holiday lettings (FHLs) with effect from 6 April 2025…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. In this edition of our newsletter we take a look at the main political parties’ election manifestos to see the pledges that may be of interest to property landlords. Conservative manifesto…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Bank of England interest rate: potential impact on mortgages On 9 May 2024, the Bank of England announced that the interest base rate will be held at 5.25%. The governor has…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Furnished Holiday Lettings: Reaction In Budget 2024, which took place on 6 April, the Chancellor announced that the concept of Furnished Holiday Lettings (FHLs) will be abolished from 6 April 2025. This…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Budget 2024: Key measures for property landlords The UK Spring Budget took place on 6 April 2024. Several measures were announced that are of particular relevance to property landlords. Capital…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Housing market outlook for 2024 The Nationwide House Price Index for December 2023 found that UK house prices fell by 1.8% over the course of 2023, with only Scotland and Northern Ireland…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Autumn Statement 2023: implications for the housing market The Chancellor, Jeremy Hunt, delivered his Autumn Statement on 22 November 2023. We had heard rumours that he might cut stamp duty, but this…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. The King’s Speech: Rent reforms and leashold changes In his first King’s Speech on 7 November, King Charles III spoke about the forthcoming Leasehold and Freehold Bill that will apply in England…