If you own furnished holiday home, you may need to take action before 5 April 2025 due a recent Budget announcement. Capital gains tax on residential property In the Spring Budget, it was announced that the top capital gains tax rate on the sale of residential...
Latest News
Proposed Changes to EPC Rules for Landlords in 2028 – Scrapped
In a recent review of the government’s green policies, Prime Minster Rishi Sunak has decided to scrap the proposed introduction of stricter minimum energy efficiency standards for rental properties. The original proposed changes set out that all tenanted properties,...
UK Rental Market Shrinks by 400,000 Properties
IntroductionSince 2016, the private rental market in the UK has shrunk by around 400,000 homes. In this article, we will look at the reasons for this trend. Landlord Policy changes A report by CBRE has found that policy changes over the last ten years has...
Labour shortages for roofing contractors
A recent survey from Glenigan of more than 100 members of the National Federation of Roofing Contractors (NFRC) has found that roofing and cladding contractors are still struggling with recruitment issues in the third quarter of 2022. But, this survey does confirm...
Stamp Duty Land Tax (SDLT) Changes
The Government in the mini-Budget announced Stamp Duty Land Tax (“SDLT”) cuts to help first-time buyers and next-move homeowners purchase properties more affordably. These changes were effective from 23 September 2022. Unlike many of the other proposed tax changes,...
Construction industry swings back to profit
New data from the CN100 2022 ranking of the UK’s 100 biggest construction firms has discovered that aggregate pre-tax profits for the 100 biggest construction firms increased by just over £1.17bn. Equivalent figures from 2021 showed an aggregate pre-tax loss of £40m....
How can landlords attract higher paying tenants?
Introduction By 2025 more than 50% of 20-39 year-olds are expecting to be living in a privately rented rental property across the UK as the rise of ‘Generation Rent’ continues. Furthermore, as the rental market continues to grow, so does the competition with new...
Skills shortage & increasing material costs hinder construction industry
Labour shortages and rising materials costs are continuing to affect the construction industry and are putting development projects in jeopardy. Material costs surge Prices for copper, steel, concrete and asphalt have all increased throughout the course of...
Experts criticise the new cladding tax
Some senior figures in the construction industry have criticised the Government for focussing the new cladding tax on UK-based developers, as international developers will not be subject to the new tax. What is the new cladding tax and when will it be...
Abolition of Furnished Holiday Let Regime
If you own furnished holiday home, you may need to take action before 5 April 2025 due a recent Budget announcement. Capital gains tax on residential property In the Spring Budget, it was announced that the top capital gains tax rate on the sale of residential...
Proposed Changes to EPC Rules for Landlords in 2028 – Scrapped
In a recent review of the government’s green policies, Prime Minster Rishi Sunak has decided to scrap the proposed introduction of stricter minimum energy efficiency standards for rental properties. The original proposed changes set out that all tenanted properties,...
UK Rental Market Shrinks by 400,000 Properties
IntroductionSince 2016, the private rental market in the UK has shrunk by around 400,000 homes. In this article, we will look at the reasons for this trend. Landlord Policy changes A report by CBRE has found that policy changes over the last ten years has...