STAMP DUTY ABOLISHED FOR FIRST TIME BUYERS

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 [...]

By | 2018-01-14T10:56:49+00:00 November 22nd, 2017|Categories: Uncategorized|0 Comments

Fees Ban: MPs will soon start scrutiny of government proposals

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 [...]

By | 2017-11-20T17:16:10+00:00 November 20th, 2017|Categories: Landlord, Lettings, Tenants|0 Comments

Mike Smith and Steve Root are delighted to hear today’s government announcement that all Letting agents must undergo training

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 [...]

By | 2018-01-14T10:56:50+00:00 November 1st, 2017|Categories: Uncategorized|0 Comments

Letting Agents’ Fees Ban: draft Bill published today

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 [...]

By | 2018-01-14T10:56:50+00:00 November 1st, 2017|Categories: Uncategorized|0 Comments