What’s next for house prices?

Whatever way you look at it, the property market had an exceptional year in 2020. It went from trundling along quite nicely in the first three months of the year, to a complete three-month shutdown during lockdown – during which time dire predictions were made...

More pain for the self employed

Customer service at HM Revenue & Customs (HMRC) has collapsed, just as the tax deadline approaches. Delays in dealing with online tax returns have caused a huge backlog and average waiting times for callers have increased from less than five minutes to more than...

A slow road to recovery for dividends

UK dividends are unlikely to match their pre- COVID 19 highs until 2025 at the very least and pay-outs could fall for a second consecutive year, Link Fund Solutions has warned, as climbing coronavirus cases and renewed lockdown measures paint a bleaker picture for the...

Leasehold revolution

The government’s announcement regarding leaseholds took many by surprise and has caused some confusion about the intended ambit of the new rules. Although many important details remain unclear, the direction of travel is far easier to discern, and indeed has been for...

Stock market bubble fears

Shares in London closed at their highest level since late February as investors ignored record COVID-19 deaths and warnings from a veteran City guru that an epic bubble of Wall Street crash proportions was bound to burst. Stock markets around the world rose as...

Taxing times

Thousands of people may believe that the date for filing tax returns has been extended, and as a result could face fines and other penalties, say leading tax and advisory firm, Blick Rothenberg. Despite the rumours that have been circulating, the deadline for...

Tax fears trigger insolvencies

A flood of businesses is voluntarily closing down due to the economic uncertainty around COVID-19 and fears over a possible increase in capital gains tax (CGT), according to analysis by Price Bailey. In Q3 2020 – 3,126 businesses voluntarily appointed...

Bank of mum and dad tightens lending

House buying funds supplied by the Bank of Mum and Dad has dropped dramatically over the last two years, shows government data. In 2019/20, the English Housing Survey describes 28% of first-time buyers as having received finance from family and friends to help with...

The end in sight for leasehold sales?

Leasehold property sales could soon be scrapped in favour of commonhold, in accordance with recommendations made in The Law Commission’s ‘Residential leasehold and commonhold’ report in July 2020, after the government announced today that it is to establish a...