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George Osborne confirms Stamp Duty increase

Thursday 26 November 2015  / Ruth Montia

George Osborne made his autumn announcement yesterday informing the country that an additional 3.0% stamp duty will be placed on second homes and buy to let properties.The details are still being released by the Treasury, but in the Autumn Statement...

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Labour MP says ‘No!’ to extend Right To Buy

Friday 07 August 2015  / Ruth Montia

The Labour MP for Islington North, Jeremy Corbyn, has said that he would vote to end to all forms of Right To Buy and would support challenging development on the Green Belt.In an interview in Red Brick (left-wing housing blog) the Labour leadership...

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The budget announcement causes concern among agents

Wednesday 08 July 2015  / Ruth Montia

The Chancellor, George Osborne, has today announced a series of measures that will impact on the property industry.Mortgage interest relief for buy-to-let homebuyers to be restricted to basic rate of income taxAn increase in the inheritance...

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House shortage plans made by the government

 / Ruth Montia

The government has indicated it will publish an action plan this week to explain how it is going to implement policies to solve the country’s current housing shortage.Announced at the weekend the Department of Communities and Local Government assured...

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Budget announcement is imminent!

 / Ruth Montia

Chancellor George Osborne is to make his summer budget announcement today and estate and letting agents in the property industry have been making their last-minute bid with him to support the housing shortage.Jeremy Blackburn, the head of policy at...

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Right to Buy is creating affordable homes.

Monday 29 June 2015  / Ruth Montia

Recent figures released by the Department of Communities and Local Government show that over 36,000 new home owners have been created through Right to Buy since 2012.By contrast, only 3,357 new home starts and acquisitions have been made over the...