Dealing with the shortfall
Posted by: Titlesolv
According to new research published by Savills this month, a record level of new homes will be built in London this year, with total net completions expected to reach 46,500.
Worth the risk?
Posted by: Titlesolv
Published at the beginning of February, the long- awaited Housing white paper had the admirable purpose of 'fixing our broken housing market'. Whilst its aims are commendable, it carries a number of transactional risks which should be considered by all operating in the property sector.
Stamp Duty Land Tax (SDLT) clarity comes at a cost
Posted by: Titlesolv
The three per cent rise in stamp duty land tax (SDLT) on second homes and Buy to Let properties introduced in George Osborne?s budget have been in effect since the beginning of April. The rise in SDLT was met with dismay among market commentators at the time of the announcement due to its likely impact on the private rented sector (PRS) ? with no exemption being provided to large-scale investors.
Further blows for Buy to Let
Posted by: Titlesolv
George Osborne's budget brought mixed news for the property industry. The predicted 3 per cent uplift in stamp duty land tax (SDLT) on second homes and buy-to-let properties will not have come as a surprise to many.
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