Fees
UK property industry disappointed over lack of stamp duty reform
There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Planning authorities on UK to be assessed on speed and quality of decisions
The UK Government is set to get tough with local authorities that are consistently slow making planning decisions and who refuse development without good reasons. The criteria for improving planning performance have been published which sets out how persistent under performance will be tackled. Housing and Planning Minister Gavin Barwell said that authorities must continually […] The post Planning authorities on UK to be assessed on speed and quality of decisions appeared first on PropertyWire . Continue reading →