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The two major problems with selling flats - revealed
3+ day, 17+ hour ago (363+ words) Leasehold flats are firstly losing value, and their secondly contribute significantly to property chains stalling. That’s the claim from SAM Conveyancing which has analysed HM Land Registry data up to June this year. Results show flats and maisonettes falling in…...
Warning of HMRC tax clampdown on property industry
6+ day, 18+ hour ago (288+ words) A law firm says HM Revenue & Customs (HMRC) is targeting the property industry for up to £645m in additional tax. That’s a 40% increase on 2024/25’s £461m figure. This is according to international law firm BCLP. HMRC hired over 1,600 additional compliance officers in…...