The move is designed to support the ongoing growth of the agency Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Scottish councils will be able to charge unlimited council tax premiums on second homes after MSPs voted through revenue-raising powers that dwarf those available in England and Wales. Meghan Gallacher (pictured), the Conservative Shadow Housing Secretary, has branded the move “reckless” and claims it sums up “the SNP and Greens addiction to saddling Scots with…
Landlord repossessions jumped 9% in Q3 this year, new figures reveal, although buy-to-let mortgage arrears have dropped over the same period. Data released by the Ministry of Justice shows repossession of investor-owned properties by lenders increased from 7,036 to 7,641. But, at the same time there were decreases in landlord possession claims from 25,402 to…
Average house prices topped £300,000 for the first time after a 0.7% rise in January, according to the latest Halifax HPI. The increase last month followed a 0.5% fall in December, and the average property price is now £300,077. Annual growth was 1% last month, up from 0.4% before Christmas. Over the last three years,…
Confusion over a new mandatory tenant information sheet could result in landlords and letting agents being fined up to £7,000, a property ombudsman has warned. Sean Hooker (pictured), Head of Redress at Property Redress, says property owners and agents must be clear who is responsible for issuing the document to renters. The Renters’ Rights Act…
The revaluations required to implement Labour’s Mansion Tax would involve a complex and resource-intensive process that risks costing more than the tax it raises, according to Chris Husson-Martin (pictured), who worked on the last major council tax revaluation in 1991. Husson-Martin, who is now Head of Sales at Hamptons’ Salisbury branch, says the Government has…
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