Flat rate on capital gains may help housing market
Second homeowners and buy-to-let investors will enjoy large savings in their tax bills when new rules on capital gains come into effect next April.
Win for industry as government scraps PGS in favour of tariff
The government has effectively granted the wish of the Home Builders Federation and other industry bodies in scrapping the proposed planning gain supplement (PGS). It now plans to instead introduce a roof tax or tariff, as the HBF recommended.
Minister urges councils to get on with preparing SHLAAs
Housing minister Yvette Cooper has set out a strong message to local authorities, stating that they must not delay preparation of housing land availability assessments if local development frameworks are behind schedule.
Sites rendered unviable by regulatory burden will be classified \"undeliverable\" in local land plans - Callcutt
John Callcutt, who is leading the Callcutt review of housebuilding delivery, has claimed that sites rendered unviable by costs associated with regulatory compliance will not be counted as \"deliverable\" within local authorities\' strategic housing land availability assessments (SHLAAs).
Pre-Budget report sees inheritance tax threshold raised
Chancellor Alistair Darling has raised the inheritance tax threshold to 600,000 pounds, in measures announced in his Pre-Budget report to Commons. The allowance was raised to 700,000 for married couples.
Pre-Budget report and CSR scheduled for October 9
Government has announced that Alistair Darling will deliever the 2007 pre-Budget report and comprehensive spending review (CSR) on October 9.
Private rental sector filling affordability gap - Hometrack
New research compiled for Hometrack, the housing intelligence business, reveals that renting might be a large part of the solution to a quarter of young working households having little chance of buying a home in their local housing market.
Buy-to-let market investor confidence unshaken by credit crunch
A new investor confidence tracker launched by Property for Life has revealed that 72% of investors believe now is still a good time to purchase property, despite 44% confessing they feel the pinch of higher interest rates.
House prices rise rapidly during summer
Average house prices in London have risen above £300,000 for the first time, according to figures from Nationwide Building Society and Halifax, published today (October 4).
Defence Estates seeks partner for Thames Gateway site
Defence Estates is looking to appoint a land sale delivery partner to continue developing a 700 acre site in the Thames Gateway.
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