Stamp Duty and CGT Changes on Corporate Ownership
The FT reports that figures compiled from the UK’s three largest upmarket estate agents, have revealed an 80% drop in the number of homes over
Accidental Landlords Amnesty
HMRC has announced a tax amnesty for “accidental landlords” – the growing number of homeowners who have been forced to let properties because they are
Stamp Duty Rise Hits Sales
Research by Savills has found that the introduction of a 7% stamp duty rate for £2m-plus homes has hit sales of £2m-£5m homes in central
Homes on the line
‘A new survey has found that one in five company owners have been forced to sell or remortgage their home to keep their business running
Boris calls for stamp duty cut
‘Boris Johnson has urged George Osborne to cut stamp duty to help first-time buyers. Mr Johnson said cutting the duty would stimulate the housing market
Prime buyers sit tight
‘Estate agents have reported that the top of the property market has cooled down, as wealthy international buyers sit tight till the chancellor has delivered
BoE concerned by commercial property loans
‘The Bank of England’s director of financial stability, Andrew Haldane, has warned that at least a third of all commercial property loans are subject to
Stamp Duty Schemes
The Times investigates the loophole which has allowed offshore companies to buy some of Britain’s most expensive homes. It reports that ploys aimed at dodging
Cable Accuses Conservative Over Mansion Tax
Vince Cable has accused the Government of walking away from a mansion tax on homes worth over £2m to avoid upsetting the party’s rich donors.