Cut in stamp duty has only really benefited London, says Zoopla
Property website says sales jumped by 27% in first two weeks of stamp duty holiday Coronavirus – latest updates See all our coronavirus coverage The government’s stamp duty cut to… »
Category: Property
Rishi Sunak’s capital gains tax review may usher in higher taxes on wealthy
Chancellor’s directive to focus on how people escape CGT ‘feels like starting pistol for a tax grab’, says analyst Wealthy households could be in line for tax rises to claw… »
Mass unemployment feared despite Rishi Sunak’s ‘plan for jobs’
Economic experts, unions and Labour sound warning after summer statement Rishi Sunak has been warned he will need to act far more decisively to prevent mass unemployment this autumn after… »
Man docked for alleged N175,000 property theft
Tribune Online Man docked for alleged N175,000 property theft A 58-year-old man, Chukwuma Okonkwo, on Thursday appeared before an Asaba Magistrates’ Court for allegedly stealing property worth N175, 000 from a… »
‘Downward mobility’ a reality for many British youngsters today
Social policy experts call for educational, tax and pay reforms to beat economic slide Downward mobility – the phenomenon of children doing less well than their parents – will become… »
More than 8 million people in England living in unsuitable housing
Research shows people in need outnumber those on social waiting lists by two to one More than 8 million people, equivalent to the population of London, are living in unsuitable… »
One in six mortgage borrowers fear they will still be repaying it at 65, poll reveals
SEVENTEEN per cent of mortgage borrowers — one in six — think they will still be repaying it at 65, a poll reveals. And one in ten admits they have… »
Investors in Kevin McCloud’s projects told they face huge losses
Many feel they have been fobbed off by Grand Designs presenter’s promised returns TV presenter whose design for living turned sour Small investors who sank millions of pounds into the… »
Sadiq Khan calls for new powers to impose London rent controls
Exclusive: Report sets out blueprint for overhaul of rental sector including devolved powers Sadiq Khan will demand an overhaul of tenancy laws in a campaign for London rent controls that… »
We bought our £131k three-bed house WITHOUT a deposit – but my parents’ cash is at risk if we can’t pay
A YOUNG family from Leicestershire bought their £131,000 three-bed home with even having to put down a deposit. Beth Sharpe, 26, and her partner Carl Dooley, 35, moved into their… »
UK’s renting millennials face homelessness crisis when they retire
Report finds at least 630,000 will be unable to afford private rents on their pension income More than 600,000 members of so-called ‘Generation Rent’ are facing an “inevitable catastrophe” of… »
High rents in English cities forcing young to stay in small towns
Young people can no longer afford to move to cities where wages are higher, says Resolution Foundation One of the defining patterns of English life in which young people move… »
Brexit party’s MP candidate under fire for freehold profiteering
Peterborough byelection hopeful had role in firm that exploited ‘feudal’ system The Brexit party’s candidate in the Peterborough byelection has been criticised for profiteering from buying and selling freeholds of… »
Popular estate agents are overvaluing homes by up to 20 per cent and then charging the highest commission
ESTATE agents who charge the highest commission fees are overvaluing homes by up to 20 per cent to lure sellers. Property owners then pay their larger fees when they sell… »
How having a baby helped us save £20k deposit for £180k four-bed house
HAVING a newborn will send most household finances soaring but for Shona Hornby and her partner Nick Trutwein becoming parents actually kick started their saving for a house. As soon… »
Report calls for reform of ‘unhealthy’ land ownership in Scotland
Commission set up by Scottish government recommends new powers to split monopolies Scottish land ownership rules must be radically reformed to reverse the concentration of the countryside in the hands… »
More than half of mortgages on the market can be stretched out over 40 years
MORE than half of mortgages on the market can now be taken out for up to 40 years, after a surge in longer loan availability. Traditionally, homeowners have been able… »
Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke
A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese,… »
‘Shoddy’ Help-To-Buy homebuilder Persimmon causes outrage over £1BILLION pre-tax profits
UNDER-FIRE homebuilder Persimmon caused outrage after posting record pre-tax profits of more than £1bn yesterday. The York-based firm – accused of leaving some buyers with shoddy houses full of mould,… »
Outrage as help-to-buy boosts Persimmon profits to £1bn
Builder condemned for making massive gains from taxpayer-funded programme Housebuilder Persimmon made a record-breaking £1bn profit last year – equal to more than £66,000 on every one of the homes… »
Landlords start hiking rents by 7% a year ahead of June’s ban on tenant fees
LANDLORDS have hiked rents by up to seven per cent since last year, new figures show, and now an expert is warning things are only going to get worse. More… »
How to adapt your home for ‘boomerang’ kids or adults who never flew the nest
YOUR empty nest may be feeling rather full again, with a million more young adults living with their parents than two decades ago. That is according to recent figures from… »
New homes cost more to heat as eco-energy plans were scrapped, experts claim
NEW homes are costing more to heat because eco-energy plans were scrapped, experts say. The “zero carbon homes” policy was due to start in 2016 but the Government ditched it… »
Italy falls into recession as eurozone economy struggles – business live
Rolling coverage of the latest economic and financial news, as Italy stumbles back into recession Latest: Italy is in recession again Italian economy shrank by 0.2% last quarter Eurozone only… »
Council pays rogue landlord £500,000 in housing benefit
Bernard McGowan, who has £30m in property, received money from Brent despite being banned A repeatedly convicted landlord, ruled unfit to rent out property in a north London borough in… »
Families facing homelessness after tycoon issues eviction notices
Controversial landlord Fergus Wilson forces Kent householders to find new homes Dozens of families are facing the risk of homelessness after receiving eviction notices from one of Britain’s biggest and… »
Tower block residents ‘ill with stress’ over combustible cladding
Leaseholders at building in London face having to pay £70,000 each to make it safe Residents in a tower block that is wrapped with combustible cladding say they are facing… »
Couple accused of misleading entrants in raffle for £3m house
Winner received £110,000 after Mark and Sharon Beresford failed to sell enough tickets Contestants who entered a raffle to win a £3m luxury home in Hampshire have been left disappointed… »
England needs 3m new social homes by 2040, says cross-party report
Commission including Sayeeda Warsi and Ed Miliband has been researching ways to tackle housing crisis ‘Bounced from place to place’: the unsettled lives of housing crisis victims England must launch… »
Flatshare bias: room-seekers with Muslim name get fewer replies
‘Muhammad’ less likely than ‘David’ to get a positive response, Guardian investigation finds • How we carried out the survey People from ethnic minorities face arbitrary discrimination when they look… »
Opposition figure picked up after landing in home country following recovery from poisoning The Russian opposition politician Alexei Navalny has been detained at Moscow’s Sheremetyevo airport on his return from… »
Latest news: Dido Harding facing questions from public accounts committee; UK records 599 further Covid deaths and 37,535 cases Scrap benefits cut to stop millions falling into poverty, PM told… »
