Tax & Other Financial

The Guardian is reporting on potential problems this winter for disabled people as the next round of low-income payments start to go out this week, that separate disability payment has been quietly scrapped. The full article can be seen here.  As it says in the...

UK mortgage approvals saw a decline in September, hitting their lowest level since January, according to data from the Bank of England. Net mortgage approvals for house purchases dropped to 43,300 from August’s figure of 45,400, falling short of economists’...

The Telegraph is reporting that Jeremy Hunt is considering an inheritance tax cut in the Autumn Statement, following positive projections about the state of the nation’s finances. It can be seen here (subscription may be necessary) and goes on to say ' The Chancellor...

The Telegraph is reporting that 'Over the past nine months, buy-to-let investors have paid down around £363m of mortgage balances, new analysis shows, as they try to minimise the impact of higher borrowing costs.' The article can be seen here (subscription may be...

ARLA/Propertymark has published an economic and fiscal forecast, and suggests for the Autumn statement: Reform of the benefits system: Propertymark believes that the UK Government should use the upcoming Autumn Statement to alleviate the cost of living crisis for many...

The Law Society warns tenants on low incomes will be unable to afford legal advice if they face eviction. The association is urging the government to invest in the legal aid system and the courts. Law Society president, Nick Emmerson, said: “We welcome the Renters’...

Press release from Molo: The 10 most profitable areas to buy property  Rank Region Location Gross Yield Avg. Monthly Rent Avg. Property Value  1 Wales Central Valleys 7.96% £697 £100,786 2 North East Hartlepool and Stockton-on-Tees 7.90% £592 £85,774 3 North East...

London is the top global destination for Gulf Cooperation Council (GCC*) property investment despite market headwinds, according to a new report from the UK’s oldest and most successful Islamic Bank, Al Rayan Bank. The 2023 GCC Investment Barometer, which surveyed 150...

Following a recent report in The Time (subscription may be necessary) Hello Neighbour, a platform that currently operates only in London and some other southern England areas, says of the over one million rental properties in the capital, an estimated 760,000 use...

The BBC is reporting that the government is considering extending its mortgage guarantee scheme as part of measures to help first-time buyers in the upcoming Autumn Statement. See the announcement here.