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10,000 rental homes in London could be lost to short lets

London’s rental market is under threat, warns Propertymark, as landlords look to exploit a deadline and convert their rental properties into short-term lets ahead of new regulations.
That’s because new rules will see new short-term lets hav…

Property industry reaction – Spring Budget 2024

Industry leaders in the property and finance sector have reacted to the Chancellor’s Spring Budget.
The Spring Budget is seen as the last chance to woo voters before the upcoming General Election this year.
Announcements included a crackdown on holida…

Spring Budget 2024 – Chancellor attacks holiday rentals and Multiple Dwellings Relief

In his Budget speech, the chancellor Jeremy Hunt has announced the end of a tax scheme that offered tax incentives for landlords with holiday lets in favour of long-term renters.
He said the Furnished Holiday Lettings regime was causing a ‘disto…

Autumn Statement 2022 – Landlord Reactions

The Chancellor of the Exchequer, Jeremy Hunt, has today announced his Stealthy tax threshold increasing budget today in a plan to preserve stability, promote growth and protect public services.
Whilst on the face of it not as severe as many predicted H…

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