Scrap stamp duty and council tax to tackle housing crisis

PropTech lettings platform Dwelly has raised £69m in new funding as part of its ambitious plans to acquire more letting agencies and expand its AI-powered operating platform. Dwelly’s model involves buying independent agencies and integrating its AI platform to digitise rent collection, maintenance and tenant-landlord matching. After completing eight acquisitions in under a year, the…

A London landlord has been ordered to pay more than £90,000 after Brent Council prosecuted him for cramming at least 18 tenants into a ‘dangerously overcrowded’ Wembley HMO. According to the council, Sanjay Patel’s three-storey property on Wyld Way (pictured) was operating far beyond the limits of its licence, which allowed a maximum of seven…

Angela Rayner has resigned as deputy prime minister and housing secretary over failing to pay enough stamp duty on a flat she bought in East Sussex Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Estate agents are not a trusted profession Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Kemi Badenoch’s closing speech at the Conservative Conference in Manchester this year ‘set the hares running’ by revealing a Tory government would abolish Stamp Duty Land Tax (SDLT) if she were to gain power at the next election. Hope springs eternal. If Rachel Reeves steals her idea and did get rid of SDLT within the…

Trevor Abrahmsohn, Glentree International There is a growing campaign among parts of Britain’s environmental establishment to discourage, restrict, or effectively ban air conditioning in new residential developments. Officially, this is about saving the planet. Unofficially, it often feels like yet another skirmish in Britain’s never-ending war against comfort, convenience and, above all, aspiration. A new…