Industry and Property News

New rules for possession proceedings

Friday, July 24, 2020

Since 27 March, all new and existing possession proceedings against residential tenants have been stayed. Initially the stay was brought in for a period of 90 days, however, the Government announcement in June that the stay would be...

A breakdown of the changes to Land Transaction Tax in Wales

Wednesday, July 22, 2020

Recently, Finance Minister, Rebecca Evans, announced the new temporary changes to Land Transaction Tax (LTT) in Wales. As of 27 July 2020, any properties valued up to £250,000 will require no LTT to be paid. These changes will...

Changes to Land and Buildings Transaction Tax explained

Wednesday, July 15, 2020

As of 15 July, the Scottish government is cutting the rate of its devolved Land and Buildings Transaction Tax (LBTT), with the threshold increasing from £145,000 to £250,000 until 31 March 2021. There will...

Best places in the UK to walk and cycle to work

Tuesday, July 14, 2020

The gradual lifting of lockdown has meant that a portion of the UK population are returning to their offices with many of us keen to avoid public transport as much as we can. For months, walking or cycling became a much needed...

Energy Efficiency Solutions for Your Property

Thursday, July 9, 2020

Chancellor of the Exchequer, Rishi Sunak , announced the Green Homes Grant Scheme in his Summer Statement on 8 July, whereby the Government will be issuing UK homeowners up to £5,000 worth of vouchers to make their homes more...

Homes for under £500,000

Thursday, July 9, 2020

As the Government announces the Stamp Duty Land Tax Holiday, raising the threshold to £500,000 with immediate effect, the chance for buyers to purchase property exempt of tax is a valuable opportunity. With the initiative in...

Stamp Duty Land Tax - The new temporary reduced rates explained

Wednesday, July 8, 2020

With immediate effect the new Stamp Duty Land Tax (SDLT) threshold of £500,000 will apply and will run until 31 March 2021. This means any buyer purchasing a primary residential property between 8 July 2020 and 31 March 2021, up...

The legacy created by lockdown

Thursday, July 2, 2020

There is no doubt that the past few months have had a significant effect on the UK and people's lives. The pandemic and subsequent lockdown has initiated unprecedented challenges which have affected us all. Some changes have been...

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