Tax & Other Financial

Writing in the Landlord Today, Adrian Lowery, financial analyst at leading wealth management firm Evelyn Partners questions what the Chancellor might do in the budget on March 6th with stamp duty. It can be seen here, stating that the Stamp Duty Land Tax (SDLT) has...

The latest data from UK Finance reveals concerning trends in the buy-to-let (BTL) mortgage market, with an 18 percent increase in arrears compared to the previous quarter. BTL mortgage arrears, defined as 2.5 percent or more of the outstanding balance, have risen to...

Latest UK Finance figs. Number of people in arrears on their mortgage increased by 5,750 in the final three months of 2023. Total now 93,680 – up 25% over the past year. Buy-to-let mortgage arrears up by 124% year on year. Except these numbers to keep rising say AJ...

The BuyAssociation have published an opinion piece with their views on the changes experienced in 2023. The article can be read here, and is of the opinion that the UK rental market has seen a rise in average monthly rents, with an increase of 7% from January 2023 to...

The UK government is set to subsidise private landlords in England with over £70 billion in the next five years through housing support, according to analysis by the New Economics Foundation (NEF). The figure is over six times the amount that is expected to be spent...

Brighton and Hove City Council is set to make savings of approximately £30 million to address a budget shortfall. The cost-cutting measures include the restructuring of council operations, with around 75 staff members facing potential redundancy, expected to save £2.4...

The i360, a tourist attraction in Brighton, UK, reportedly owes more than £50 million to the city council, with the outstanding debt calculated at £50.033 million as of December 31, 2023. The debt figure translates to around £181 per resident of the city. The i360...

Council residents in south London, particularly Lambeth, are reportedly facing eviction threats due to an inability to pay a 350% increase in heating bills. Lambeth Council tenants have been served notices seeking possession of their properties after falling into...

The Standard has published an opinion piece by Ben Ramanauskas, a research fellow at Oxford University and a former government adviser, in which he criticizes the Bank of England's Monetary Policy Committee (MPC) for its handling of inflation and accuses it of failing...

The Guardian has reported that the government has approved for above-inflation council tax rises, which is expected to generate an additional £2 billion in revenue. The article can be read here, and in summary: Council Tax Rises Approved: The government reportedly...