Focus On Properties & Construction

1 in 3 millennials unlikely to ever own their own home - 29 May, 2018

Focus on Properties Construction

One in three UK millennials (those born between 1980 and 1996) will never own their own home and will instead face renting throughout their lives, according to a report[1] published by the Resolution Foundation….

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A new charge on Commercial Property Gains - 29 May, 2018

Focus on Properties Construction

In the Autumn Budget 2017, the UK Government announced that commercial property gains made by non-UK resident investors will be subject to a new tax charge, where previously an attractive exemption had…

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Buy-to-let landlords driven to diversify - 29 May, 2018

Focus on Properties Construction

According to OneSavings Bank, an increasing number of landlords are looking to diversify their portfolios. Research by the specialist lender revealed that 51 per cent of brokers in the UK have been approached…

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HMRC dragging its heels with SDLT refunds - 8 Feb, 2018

Focus on Properties Construction

Those caught out by the second home Stamp Duty Land Tax (SDLT) surcharge, when purchasing a new permanent residence before selling their previous one, are facing significant delays before receiving SDLT…

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SDLT: Important changes but, so far, little impact - 8 Feb, 2018

Focus on Properties Construction

As part of the Budget announcements in November 2017, the Chancellor, Philip Hammond, cut SDLT on homes valued up to £300,000 for first-time buyers. He also confirmed that first-time buyers purchasing…

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Will the UK’s property tax system ever be fair? - 8 Feb, 2018

Focus on Properties Construction

The UK’s property tax system has long been deemed ‘unfair’ and there is constant discussion about what could – and should – be changed to make it more even-handed for everyone. But, as time goes…

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£16.7 billion in tax relief still available to landlords despite recent changes - 8 Feb, 2018

Focus on Properties Construction

A new study highlighted by the press this month suggests that UK landlords will still benefit from significant tax savings after 2020, despite the Government’s efforts to restrict mortgage interest tax…

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HMRC clamps down on landlords paying incorrect tax - 8 Feb, 2018

Focus on Properties Construction

HM Revenue & Customs (HMRC), as part of its efforts to combat tax evasion, is looking to clamp down on landlords who are not paying the correct tax. The tax authority recently revealed plans that would…

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Little relief for businesses if rates rise with inflation - 27 Oct, 2017

Focus on Properties Construction

It’s estimated that somewhere in the region of 56,000 small businesses will face steep tax increases next year and that, by April, business rate increases will have totalled £152 million. For those…

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Overseas landlords investing less in the UK - 27 Oct, 2017

Focus on Properties Construction

According to one of the UK’s largest letting agents, Countrywide, around five per cent of UK homes currently have overseas owners compared to just 12 per cent in 2010. In London, the percentage of overseas…

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