Budget Update 2024: Capital Gains Tax Down, Stamp Duty Relief Gone, Holiday Let Relief Going
Find out what the Chancellors budget March 2024 means for property investors.
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Find out what the Chancellors budget March 2024 means for property investors.
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Nottingham City Council have been fighting the publication of an audit on their financial controls in April 2023. The council instructed Ernst and Young to carry out the review the 'control environments' at Nottingham City Council (NCC) covering areas of licensing, as well as a number of other funds. The report finds 'inappropriate financial activity' by NCC highlighting that the selective licensing fees have only been ring-fenced in the last 12 months.
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A recent article by Save the Student has highlighted a pressing issue facing students in England: the diminishing real value of Maintenance Loans in the wake of soaring inflation.
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In the Autumn Statement 2023 today (Wed 22nd November), the Chancellor Jeremy Hunt announced that the Government “…will consult on a new permitted development right to allow any house to be converted into two flats provided the exterior remains unaffected.”
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The 2nd reading of the Renters Reform Bill includes important changes for the student sector.
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The new guidance makes it clear that landlords are responsible for identifying and addressing damp and mould in their properties. Tenants should not be blamed for damp and mould, as it is not the result of 'lifestyle choices'.
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How Did Your University Fare in the Times University Guide 2023? Times University Guide 2023: A Look at Universities in Birmingham, Bristol, Nottingham, and Leicester
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Gove conveyed his perspective to the Sunday Telegraph, stating, "My own strong view is that we're asking too much too quickly. We do want to move towards greater energy efficiency, but the timing seems challenging, especially for landlords who are already facing significant capital expenditures to improve their property's efficiency."
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The Renters (Reform) Bill is, yet again, caught in the legislative waiting room. With the House of Commons entering its summer recess period, the bill won’t be considered until at least September. This delay presents a silver lining: it gives the landlords and agents ample time to influence future decisions.
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