Autumn Budget: Mansion Tax unveiled by stealth
The government has introduced a tax on properties worth over £2 million, though it will come in the form of ‘council tax surcharge’. The surcharge will be £2,500 for a…
Tax on rental income to increase
Property income taxes will rise by 2% from April 2027, bringing the rate to 22%, 42% and 47% for basic, higher and additional rate taxpayers respectively. Reaction William Reeve, chief…
Planning permission granted for 428 new homes in Darlington
Housebuilder Bellway will build 428 homes in the first phase of a new neighbourhood in the West End of Darlington. The Bellway development will be called Baydale Village and include…
109 residential units purchased in Cambridge for £40m
Invesco Real Estate has committed to acquire a 109-unit residential asset within Cambridge’s Marleigh Park masterplan for £40 million. There are two residential buildings still under construction. The first, totalling…
More landlords turning to semi-commercial
More landlords are investing in semi-commercial property, suggesting many are turning away from residential in search of better returns. Applications with Shawbrook Bank increased by 58% in the first half…
‘Chancellor has backed herself into raising property taxes’
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Aldermore calls for stamp duty holiday
Buyers of homes under £500,000 should be given an 18-month stamp duty holiday to stimulate sales and investment, Aldermore has urged ahead of Wednesday’s Autumn Budget. There was previously a…
Overseas property buyers cautious amid economic and political uncertainty
Recent policy changes and economic shifts are having an impact on international property investors looking at UK-based assets, according to UK brokers. Butterfield in the UK commissioned market research firm…
Landlords rush to evict tenants before Section 21 ban
There’s been a rise of landlords serving eviction notices ahead of the Section 21 ban coming into force in May 2026. Landlord Action has experienced its busiest month in more…
Edinburgh unions send open letter on rogue landlords
Over 20 groups in Edinburgh have signed an open letter calling for the council to get tougher with rogue landlords. The letter was sent to the City of Edinburgh Council…