Shelter: One in seven tenants suffered a rent hike in the last month
One in seven tenants increased their rent in the past month, a report from Shelter has revealed.
EDITOR VIEW: Liz Truss’s stamp duty cut symptomatic of a government short on ideas
As was publicised this week, new Prime Minister Liz Truss is looking to cut stamp duty in what’s being dubbed a mini-budget, according to a report in The Times.
Base rate increased by 0.50% to 2.25%
The Bank of England has increased the base rate by 0.50% for the second successive month, bringing it to 2.25%.
Propertymark backs transparent rogue landlord database
Agency body Propertymark has backed the government’s commitment to making the rogue landlord and agent database transparent.
Propertymark calls for stamp duty surcharge exemption
The government should put in a 12-month exemption to the 3% stamp duty surcharge to boost buy-to-let purchases, according to agency group Propertymark.
Commercial landlords unaware of new EPC standards rules
Nearly two-fifths (39%) of commercial landlords are unaware of new standards on Energy Performance Certificates (EPCs) coming into force in April 2023, research from property business firm Handelsbanken shows.
Liz Truss stamp duty cut sparks negative reaction
Prime Minister Liz Truss’s proposal to cut stamp duty has sparked a mixed reaction from across the industry.
GetProperty launches – ‘all-in-one’ buy-to-let purchasing service
Limited company creation firm GetGround has launched GetProperty, a service created to support and guide landlords through the difficult process of buying investment property.…
AML fines for estate agents increase by 980% in a year
While overall anti-money laundering fines have declined by almost -19% in the past year, the sum of fines being issued to estate agents has increased by 980%, totalling £772,618 in 2021/22.
All-inclusive tenants to benefit from £400 energy bill discount
Landlords must pass on the £400 energy bill discount to all-inclusive tenants as part of the Energy Bills Support Scheme, the government has announced.
