Call for an Energy Saving Stamp Duty
The Energy Efficiency Infrastructure Group (EEIG) has written to the Chancellor, calling on the government to support a long-term, revenue neutral Energy Saving Stamp Duty Incentive. The coalition of industry groups, businesses and charities, which organisations working with landlords and tenants, aims to encourage property owners to future-proof their buildings against high energy bills. The […]
Value of Private Rental Sector Grows
The past year has seen a rise in the value of the Private Rented Sector (PRS) in England, Wales and Scotland, according to a recent report. Shawbrook Bank’s the Changing Face of Buy-to-Let has revealed growth of 5.8 per cent, taking the total value of the sector to £1.4 trillion. The report concluded that the Covid-19 pandemic and subsequent government reaction has dramatically re-shaped the market. The Stamp […]
Hope for a stamp duty holiday extension
Most people in the UK are hoping to hear that the current stamp duty holiday will be extended by Chancellor Rishi Sunak in next week’s budget, according to recent research. The reduction in the rate of stamp duty to zero per cent for all properties valued at £500,000 has been credited as being instrumental in keeping the […]
Boom in buy-to-let sales
With the end of the stamp duty holiday looming, landlords have joined other buyers in rushing to complete their purchases, according to recent research by Hampton. In November, landlords made up 15 per cent of buyers in Great Britain, the highest figure since December 2016. By the end of 2020, investors will have bought around […]
