Tenants’ Rights Group Demands Even Stronger Renters’ Rights Bill
Acorn, the prominent tenants’ rights organization, has launched a campaign urging renters to reach out to their Members of Parliament in support of amendments to the Renters’ Rights Bill, currently under debate. The group asserts that while the bill is a step in the right direction, it falls short of providing the robust protections that […]
Stamp Duty Hike to Cost Landlords £4,000 on Average, Nationwide Reports
In a move anticipated to impact landlords across England and Northern Ireland, Chancellor Rachel Reeves has announced a hike in stamp duty on additional properties. The increase, from 3% to 5%, took effect last Thursday, raising average transaction costs for landlords by around £4,000, according to leading property analysts at Nationwide. Data from Nationwide indicates […]
MPs to Debate Extension of Landlord Licensing from 5 to 10 Years
Members of Parliament will discuss a significant proposal to extend the duration of council landlord licensing from five years to 10 years as part of the latest committee stage of the government’s Renters Rights Bill. The proposed amendment, supported by the Chartered Institute of Environmental Health (CIEH), aims to extend the maximum allowable period for […]
Chancellor Earns Whopping £74,000 a Year in Rental Income
Chancellor of the Exchequer Rachel Reeves and her husband Nicholas Joicey are earning an estimated £74,000 annually from rental income, according to a report by The Telegraph. The disclosure comes shortly after the Chancellor introduced a Budget that raises costs for landlords and second-home buyers, igniting debate over the fairness of her policies given her […]