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20/11/24

Renters Rights Bill

by Property eye
Are you prepared for the Renters’ Rights Bill?
08/11/24
Well there's a surprise!
Bank of England cuts interest rates again
The government should aim to stimulate housing market activity post-lockdown by abolishing the 3% stamp duty surcharge. Removing the surcharge would boost housing market activity,
Property fall-throughs start to ‘creep up’. Fall throughs in January was 7% higher than in January last year as stamp duty deadline looms
MPs may not be given an opportunity to debate an extension to the stamp duty holiday beyond 31 March, despite an online petition passing the 100,000 threshold which would trigger such discussion. But Jacob Rees-Mogg, leader of the House of Commons, has temporarily suspended debates in Westminster Hall, meaning that the stamp duty holiday extension may now not be debated in parliament.
stamp duty extension,
Sales transactions in the UK increased by 9.8% between September and October
*Government places new restrictions on landlords repossessing properties *Landlords must submit additional information as part of their claims in court * Landlords must reveal if a tenant has been affected by coronavirus *Judges can suspend court proceedings if the information is not provided
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