The Chancellor in his Autumn Budget responded to calls from Propertymark to exempt first time buyers in England from paying stamp duty on properties under £300,000. Those buying a property between £300,000 and £500,000 will not pay stamp duty on the first £300,000. Mark Hayward, Chief Executive, NAEA Propertymark said: "The announcement today from the [...]
The Communities and Local Government Select Committee says it is to begin “pre-legislative scrutiny” of proposals to ban tenant fees imposed by agents on tenants in England with a series of oral evidence hearings in the New Year. This will involve experts, tenant, agent and landlord associations, and trading standards authorities all giving evidence to [...]
The government has announced that all letting agents will be required to “satisfy minimum training requirements” in order to trade. The provision is revealed in a consultation document, launched this morning, which is chiefly about mandatory membership of client protection schemes. However, on page 15 of the document, there is a statement saying: “The government [...]
The draft Bill to ban letting agents’ fees levied on tenants has been published - it’s to be called the Tenants’ Fees Bill. A statement from the Department for Communities and Local Government this morning says the Bill will help millions of renters. Communities Secretary Sajid Javid says: “Tenants should no longer be hit by [...]
