Tag: Inheritance Tax
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Interest Rate Cut Sparks Rental Property Rise
The recent interest rate cut by the Bank of England has brought a sigh of relief to tenants. According to a new analysis by Zero Deposit, the number of available rental properties in 15 major UK cities has increased dramatically. Edinburgh and Glasgow Lead the Charge The analysis looked at the total number of available…
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Rich Buyers Uncertain About Buying Prime London Homes
Nervous millionaires and billionaires are putting off buying luxury London homes as they wait to see what will happen in the next Budget. The number of homes sold in London for over £10 million has fallen by nearly a quarter (22%) compared to last year, with experts blaming uncertainty about tax changes. Many wealthy buyers…
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Americans are Snapping Up London Homes!
American buyers are leading the charge for luxury London property, with almost half of all homes sold for over £12 million last year going to US buyers, according to new research. UK Sotheby’s International Realty revealed that a diverse group of American buyers, from tech millionaires to families, are behind the surge in interest. These…
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House Prices Set to Rise Despite “Painful” Budget, Says Expert
Experts predict house prices will climb by 3% this year, even with the upcoming budget expected to bring financial challenges. Despite Prime Minister Keir Starmer warning of a “painful” budget looming, property expert Tom Brill, head of UK residential research at Knight Frank, believes the housing market remains strong. While the Prime Minister has hinted…
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Big Landlords are the Future of the Private Rental Sector
The private rental market is changing fast, and if you’re a landlord or investor, you need to know what’s going on. Big Players, Big Profits Experts like Andy Jones, the BTR chief at LRG, are saying that the future of the rental market belongs to big landlords and build-to-rent. This is all because of a…
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Fewer People Will Inherit a Home from Parents
Fewer homes in estates will leave less for the next generation and could impact inheritance tax Hopes of inheriting the family home to get on the property ladder or climb up it are fading, according to a new study. The report reveals that fewer estates will include property in the future thanks to falling homeownership…
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Sell or Keep? Holiday Let Tax Change Could Cost You Thousands
Get ready, landlords! The government is about to shake up the tax rules on furnished holiday lets (FHLs) and it could cost you big time. What’s Changing? From April 2025, FHLs lose their special tax status. This means: What Should You Do? It’s Time To Make A Decision: Don’t Delay:
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London House Prices Cooling Off as Summer Ends
London house prices drop, but will the Autumn Budget bring more uncertainty? The London property market seems to be having a summer slump, with fewer buyers putting in offers on houses in June and July. This could be good news for anyone wanting to buy a posh pad in the capital, as prices are starting…
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Inheritance Tax Rises as House Prices Climb
The government’s coffers are overflowing thanks to sky-high house prices – and it’s hitting families in the pocket with HUGE inheritance tax bills. New data reveals that families in London and the South East are most likely to be landed with the dreaded inheritance tax bill, with the average amount exceeding a staggering £47 million…
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Landlords Sell Up as CGT Fears Grow
Get ready for a property market shake-up as landlords are rushing to sell their rental properties before the upcoming general election. The rumour mill is churning with whispers of potential capital gains tax (CGT) hikes, leaving landlords jittery and seeking to avoid a potential tax bombshell. A Rush to Sell Experts are reporting a dramatic…