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50,000 landlords have left the PRS since 2019

It has been revealed that the UK has 2.74 million unincorporated landlords and in 2020-21 they earned £41bn from rents, but the data also shows that 50,000 landlords have left the private rented sector (PRS) since 2019.
The figures from HMRC report in …

UK sees house transactions rise by 2% in October

The number of UK house transactions increased by 2% in October to reach a seasonally adjusted total of 108,480, HMRC reports, though these figures do not reflect the market chaos seen after the Government’s mini-Budget.
That rise is compared with…

HMRC is targeting residential landlords with ‘nudge letters’

HMRC is targeting residential landlords in its latest ‘nudge campaign’ that it suspects are not declaring their full rental income, warns tax advisers Kreston Reeves.
The campaign comes in advance of Jeremy Hunt’s first Autumn Stateme…

HMRC is targeting residential landlords with ‘nudge letters’

HMRC is targeting residential landlords in its latest ‘nudge campaign’ that it suspects are not declaring their full rental income, warns tax advisers Kreston Reeves.
The campaign comes in advance of Jeremy Hunt’s first Autumn Stateme…

Government plots raid on landlords to plug £50bn black hole

The government will target landlords in a bid to plug a £50bn hole in the country’s finances, reports reveal.
The move could see landlords losing thousands of pounds when selling their property under proposals which will come as a fresh tax blow …

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