The Chancellor surprised everyone by announcing that the Budget would take place on Monday, 29 October, much earlier than expected since Brexit negotiations conclude at the end of November. While the Conservative Party conference earlier this month revealed only a handful of major policy announcements, the Budget is likely to look to strengthen the UK’s … Continue reading What’s in the Budget?
We will fight them on the beaches: addressing the ‘unforeseen’ consequences of the Budget Further to our work mentioned in our previous blog on the issue, the NLA has continued work lobbying on the Budget to address the ‘unforeseen’ consequences, with the loss of mortgage interest tax relief being the major focus of the policy … Continue reading We will fight them on the beaches: addressing the ‘unforeseen’ consequences of the Budget
Worryingly over a quarter of landlords say they do not know what their rental yield is; furthermore one in 10 claim not to know how to calculate their yield at all*. With the average net rental yield at 5.9 per cent any small changes to your profit margins could have dire consequences for your letting business. … Continue reading Do you know how to calculate your rental yield?
In February 2009 Gordon Brown was Prime Minister, Alistair Darling was Chancellor of the Exchequer and Mervyn King was Governor of the Bank of England. Perhaps more significantly, the Bank of England Base Rate was 1 per cent. The following month it was to drop to 0.5 per cent a historic low at which it has stayed … Continue reading May you live in interesting times…..
For some people, (teachers and dare I say Tube staff) the summer months are a time of winding down at work, quiet relaxation and holidays with family and/or friends. For the policy team at the NLA however, the last few months have been very eventful. What are we playing at? No we haven’t been gripped … Continue reading It was better when they forgot all about the PRS