Chancellor Kwasi Kwarteng has confirmed a permanent stamp duty cut in the mini-Budget announced this morning. The government is reforming stamp duty by doubling the level at which people begin paying this from £125,000 to £250,000. This government is also committed to helping first-time buyers get on the property ladder…
Housing industry reacts to stamp duty decision Property industry commentators have reacted after a media report said the government would cut stamp duty in an emergency budget on Friday. The government will announce radical plans to reduce stamp duty in the government’s mini budget tomorrow in a bid to stimulate…
Buy-to-let landlords looking to turn property in Dudley into an HMO for up to six people could soon have to apply to the local authority for planning permission under new proposals. Dudley Council, in a bid to clampdown on rogue landlords and improve housing conditions in the PRS, is seeking…
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The supply of homes for sale has hit a five year high with 20% more homes on the market versus last year, new day data from Zoopla has revealed. Compared to spring 2022, the property websites says supply has improved the most in Cornwall (+159%), North Kesteven, Lincolnshire (+155%) and…
There are promising signs for rate watchers hoping for an earlier interest rate cut, with new data pointing to a cooling economy. UK inflation has fallen to its lowest level in two and a half years, as price pressures continue to ease. The consumer prices index has dropped to 3.2%…
Estate agents would have to go back to school and achieve minimum level of qualifications as part of Labour plans to drive cowboy operators out of the housing market. Labour’s shadow housing minister Matthew Pennycook has tabled an amendment to incoming housing reforms which would require all estate agents to…
