Category: Policy - Page 64

Deadline looms for client money protection regs

Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.

By PrimeResi

Countrywide fined £215k in HMRC crackdown

UK's largest estate agency penalised for failing to comply with money laundering regulations; HMRC carries out week-long swoop on property firms around the country

By PrimeResi

Right to Rent breaches human rights laws, rules the High Court

Right to Rent "does not merely provide the occasion or opportunity for private landlords to discriminate," said the High Court Judge, "but causes them to do so where otherwise they would not."

By PrimeResi

Voluntary Mansion Tax: RBKC looks to follow Westminster’s lead

Kensington & Chelsea to launch consultation on tax experiment pioneered by Westminster last year, asking high-end homeowners if they would like to 'contribute a little more to the borough'

By PrimeResi

Westminster’s ‘voluntary mansion tax’ brings in over £600k

'The hundreds of thousands of pounds being allocated today shows that wealthy householders do care', says council, nearly a year after launching its 'ground-breaking' tax experiment

By PrimeResi

These maps show how tricky it is to measure inequality in local areas across England

In the UK, people often think about inequality in geographical terms: for example, places such as Kensington in London are considered 'rich', while Blackpool in Lancashire is considered 'poor'.

By PrimeResi

Taxing the profit made by selling a primary residence makes sense

"This will be hugely politically unpopular, until it becomes obvious that the housing market is entrenching intergenerational inequality and ossifying the economy"

By PrimeResi

The real problem with stamp duty

"The Anti-Stampers’ case is compelling, but the challenge is finding a replacement that people will not hate just as much", writes Nathan Brooker in this piece for the FT...

By PrimeResi