Policy
High Court re-affirms new Permitted Development Rights
The High Court has dismissed a legal challenge against new Permitted Development Rights and changes to Use Class Orders.
Government review pitches £14bn CGT hike, potentially doubling rates for second-home owners
There are "a range of areas in which Capital Gains Tax is counter-intuitive and creates odd incentives", says the Office of Tax Simplification in a comprehensive review of the CGT regime.
Housing Secretary Jenrick’s Resi Convention speech, in full
Robert Jenrick took to the virtual stage this week to deliver the keynote speech at this year's fully-online Resi Convention.
Welsh property market re-opens
The Welsh property market re-opens today (Monday, 9 November) following a two-week "firebreak lockdown". Estate agents are unsurprisingly relieved that their doors can open once again.
What does a second Lockdown in England mean for the housing market?
"It will be difficult to sustain the current [property market] momentum through to the year end," warns Savills' research chief Lucian Cook, as he looks at the potential ramifications of England's second…
Government letter to the housing industry: Carry on building & moving
"House building – and its supply chains that support it - should continue working securely" through the November Coronavirus lockdown, say the Housing Secretary, Home Builders Federation and Federation…
The ‘marching morons’ of the residential property market
Neurotic lenders are acting as a chicane on the markets, vents Trevor Abrahmsohn
Property market to remain open through November lockdown
Government clarifies that "the housing market will remain open throughout this period", with the furlough scheme and mortgage holidays extended.
Industry heavyweights urge Chancellor to extend the Stamp Duty holiday
A raft of property industry players have penned an open letter to Chancellor Rishi Sunak, entreating him to extend the Stamp Duty holiday for another six months, and taper the end to avoid a "cliff-edge"…
Over 300,000 buyers set to miss the Stamp Duty holiday, claims analyst
“Whilst the increased activity is undoubtedly a great boost for the property market both in strengthening prices and volumes, many of these transactions were predicated on the reduction in stamp duty…
The Guardian: London is the wild west of the global property market – and it needs a sheriff
"Modern London is the wild west of the global property market," writes Guardian columnist Simon Jenkins and parts of it are defaced and dying as a result."
UK comes close to last in OECD property tax rankings
Britain slips down to 22nd position in the International Tax Competitiveness Index, and is now ranked 33rd out of 36 on property taxes...