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Housing was a huge policy debate during the election and the private rented sector was no exception. Both major parties put forward proposals to shake up the sector and though landlords may be breathing a collective sigh of relief that they’ve been spared the prospect of Labour rent controls, many will still be braced for … Read more
Labour’s plans to pull capital gains tax rates in line with income tax could see some landlords pay a 50 per cent tax rate when they sell up. A hike in capital gains tax rates on property from the current maximum of 28 per cent to income tax rates of up to 50 per cent … Read more
The capital gains tax rule change that could cost accidental landlords thousands when they sell up Private residence relief to be cut from 18 months to nine months from next year The changes could affect over half a million landlords when they come to sell Government is also scaling back lettings relief By Will Kirkman … Read more
Arcadia left in limbo as landlords cool on plans to lower rents to keep Philip Green’s business afloat By Hannah Uttley For The Daily Mail Published: 21:50 BST, 5 June 2019 | Updated: 12:04 BST, 6 June 2019 Sir Philip Green was forced to postpone a crucial meeting with landlords to discuss rent reductions for … Read more
FTSE CLOSE: NSF shelves hostile bid for Provident; Landlords to vote on Topshop rescue deal; Card Factory bemoans tough High Street conditions Vote on Arcadia by shop landlords delayed until June 12 Non-Standard Finance has called off its £1.3billion bid for rival Provident Card Factory saw sales rise but said conditions on the High Street … Read more
Times may be tougher for Britain’s landlords but new figures suggest the blow of selling up for many has been softened by years of house price gains. Figures released today from estate agents Hamptons International show that landlords who sold a buy-to-let property in England and Wales last year did so for £79,770 more than … Read more