A new funding scheme for energy-efficiency improvements has opened to landlords in England, but landlords will be forced not to raise rents during the EPC works.
Developers are facing construction delays of more than 18 months and additional costs of up to £49,000 per week due to safety regulations such as the Building Safety Act (BSA), according to new data from the Purposeful Finance Commission (PFC).
The government’s ambition to tackle the housing shortage is facing a setback, as fresh statistics highlight that it will fail to deliver the number of homes needed to meet its ambitious target in England.
Last week’s Spring Statement didn’t bring any major surprises for landlords, and for once, that’s actually good news. There were no new tax measures, no fresh compliance hurdles, and no curveballs for property investors.
From 1st April, first-time buyer Stamp Duty relief has dropped from £425,000 to £300,000 while home movers will pay from £125,000 instead of £250,000.
Chancellor Rachel Reeves has delivered her long-awaited Spring Statement.
Today the Chancellor will deliver the Spring Statement. I’d like to think that she’ll focus on the potential for growth and new beginnings along with a general sense of optimism that is symbolised by the advent of spring.
The base rate remains 4.5% amid concern about UK inflation and international uncertainty over US President Donald Trump’s on-off tariff policies.
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