London homeowners could collectively pay an estimated £7.5 billion ($9.90 billion) more each year under a property tax plan backed by Andy Burnham, according to newly published analysis. The proposed overhaul would replace council tax and stamp duty with an annual levy based on a property’s current market value. The analysis suggests the impact would
The financial statement shows the total income for 2025 was £2,381,770, which was £345,376 higher than in 2024 and £167,191 above budget with cash reserves having increased by £138,194. The accounts report an overall deficit of £57,022 for 2025 which reflect £54,230 of unforeseen expenditure on emergency stabilisation works at La Coupee and a £177,873
At the moment in England and Wales, a buyer and seller may agree on a sale, only for the seller to pull out weeks or months into the process because someone has offered them a higher price. For the gazumped buyer, there is currently no legal recourse. In other countries, however, there are penalties for
Property and construction companies represent more than half of Reform UK’s corporate donor base, according to an analysis of Electoral Commission records conducted by Byline Times. The research found that 22 of the 40 companies that have donated to Reform UK since 2019 operate in the property and construction sectors, accounting for 55% of corporate
Traditionally, buying a house involved relying on an estate agent to contact you when suitable properties became available, viewing them and then making an offer. Whilst many still follow this tried and tested method, there are also many other ways now available to buy a property – some of which can save you money. We
Daunting discoveries, expensive delays and the potential for buyers to back out – buying a home in England and Wales is a difficult and stressful process for many. To combat this, the government has announced a series of reforms that aim to cut buying times by around four weeks, save first-time buyers an average
How efficient installation timelines are reshaping property maintenance strategies For institutional landlords and property managers overseeing multi-unit portfolios, maintenance delays are no longer just an operational headache—they are a direct threat to net operating income. While property acquisition promises steady revenue on paper, the operational reality of managing those assets tells a different story. According
Property asking prices have seen their biggest June drop in 14 years, according to Rightmove. The typical asking price of a newly-listed home fell by £2,113 or 0.6 per cent between 10 May and 6 June, according to the property portal. It means the average newly listed home is now £376,191, down from a record high
There are some habits which people pick up in the summer months that could cause long-term damage to your home. Throwing open all the doors can cool, your home – but it might damage it too(Image: Getty) Warmer weather and the summer season alter how households use their living spaces. With extended daylight hours, residents
AEG, the operator of Olympia’s new music venue British Airways ARC, has been told it must stop playing music at 10.30pm. Mr Hitchcox called for reforms to stamp duty, which he said is making London’s properties deeply unattractive to buyers and warned that policies towards non-domiciled residents were driving entrepreneurs away from the city. His