Changes to capital gains tax in last week’s Autumn Budget will see the average landlord pay as much as £1,764 more if they do decide to exit the buy-to-let sector come the 2023-24 tax year, but some landlords are disproportionately affected, as Benham and Reeves research shows.
The government has decided to reduce the Capital Gains Tax exemption, much to the consternation of landlord and estate agency groups.
EWS1 forms, which show the fire safety of external wall cladding used on high rise buildings, should be incorporated into the standard Fire Risk Assessment process to help homeowners buy and sell, agent Benham and Reeves has urged.
Property values surrounding the nation’s biggest military barracks carry an average house price premium of 9.1% across the UK, with this premium increasing to 46.3% in London, analysis from agent Benham and Reeves shows.
Singaporean buyers are having a big impact on housing market activity in the UK, as they sit on a property portfolio worth £5.8 billion in London alone.
While many commentors expect house prices to fall over the next 18 months, London estate agent Benham and Reeves reckons they will rise by an additional 5% by the end of 2022.
The highest number of council owned homes have been sold in Barking and Dagenham, where Right to Buy sales total 1,883 over the last decade, research from agent Benham and Reeves has found.
During Q1 2022, the gap between the asking price expectations of UK homesellers and the price paid by the nation’s buyers fell to its lowest on record, new research shows.
Chancellor Rishi Sunak is handing a £400 energy discount to all households as well as an additional £650 for the poorest families, as the government looks to ease the impact of the cost-of-living crisis.
House prices near Crossrail developments have generally surged compared to wider areas, demonstrating how the project has breathed some new life into some regions.
