Stamp Duty Extended to 31st June

The Chancellor will give away half a billion pounds to second homeowners and landlords through the stamp duty holiday extension. Labour analysis reveals this could have built nearly 3000 social rented homes – half the total that were built in England last year. The Chancellor announced at the 2021 Budget that...
The Landlord Association Chairman was discussing the latest developments with Brooklyn Law boss Simon Butler about the latest issues in the rental market following the emergence of Covid-19. They worryingly realised that that they couldn't agree on the governments latest legislations regarding tenant evictions. Concerning when you consider...

UK Housing Market Posted Strong 2020, Despite CV-19

DATA released today confirms what many in the property industry had already suspected. The UK housing market remained robust during 2020, despite the significant challenges of the health crisis. Taken as a whole, the figures highlight that on an unadjusted basis, a total of 1,047,490 homes were sold in the...
The ban on evictions in England, Wales and Scotland has unsurprisingly been extended. The move means that eviction notices, which were supposed to start again today, will not be served for at least six weeks in England and longer in Wales and Scotland. The Ministry of Housing said no evictions should...
Non statutory guidance for landlords in the private and social rented sectors on the measures relating to notices seeking possession modified by the Coronavirus Act 2020. The measures affect most residential possession processes, the chief processes being notices under: Section 21 Housing Act 1988 (Assured Shorthold Tenancies) Section 8...
Contact your mortgage provider as lenders are granting three month repayment holidays to all homeowners who are up to date with their mortgage payments and this includes buy-to-let mortgages who are receiving less rent as a result of Coronavirus. Be aware that this doesn’t mean your mortgage amount will...
We have extended the provisions of the Coronavirus Act 2020, meaning that from 29 August 2020, landlords must provide six months' notice in most circumstances where they wish to repossess their property.
We strongly advise landlords not to commence or continue possession proceedings during this challenging time without a very good reason to do so. It is essential that we work together during these unprecedented times to keep each other safe. We have made regulations extending the provisions of the Coronavirus Act...
The government has left open the option of completely shutting down the housing market to manage the spread of coronavirus if the pandemic worsens, government guidance has confirmed. Published yesterday, the guidance said the housing market currently remains open, but it could still be shut down similarly to what happened in the...

Brexit & The UK Housing Market – TLA Forecast

Four and a half years after the public voted to leave the EU, the Brexit deal came into effect on the 1st of January 2021. Here’s how it might impact the UK housing market. Following months of negotiations, the UK and EU agreed a Brexit deal on the 24th of...
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