Recent reports indicate potential hikes in Capital Gains Tax (CGT), which could significantly hit UK landlords. The Labour Party has suggested raising CGT rates to align with income tax rates, which could mean a jump from 18%-24% to as high as 40% for higher earners. For landlords, this change could severely erode their profits, especially Continue Reading…
London’s black cab drivers were in for a shock recently when they received penalty charge notices (PCNs) for ULEZ and Congestion Charge fees, charges from which they are typically exempt. This widespread error, affecting thousands of drivers, has since been attributed to an IT glitch at Transport for London (TfL), sparking frustration and confusion among Continue Reading…
As we move through October 2024, the UK used car market has held its ground, even as values experienced a modest dip. The latest data from Cap HPI shows that used car prices have fallen by only 0.5% in the first part of October, with projections indicating a total decrease of about 1% by the Continue Reading…
A world where driverless cars dominate the roads has come one step closer to reality, following a ground-breaking partnership between Uber and British AI start-up Wayve. With the power of artificial intelligence and innovative technology, this collaboration aims to accelerate the development of autonomous vehicles, paving the way for safer, smarter, and more efficient driving Continue Reading…
The rental market in the UK is about to experience some seismic shifts. With the Renters’ Rights Bill making its way through Parliament, tenants and landlords alike will need to prepare for what promises to be the most significant change to the sector in over three decades. What is the Renters’ Rights Bill? The Renters’ Continue Reading…
The used car market in the UK is known for its fluctuations, but this August, something unusual happened. Despite the seasonal dip that typically follows summer’s peak, used car prices defied expectations. Why are Used Car Prices Performing Well in August 2024? Traditionally, the used car market slows down in August. Families head off on Continue Reading…
The UK housing market is one of those topics that never entirely goes away. Whether you’re a homeowner, a first-time buyer, or a landlord, everyone seems to have an eye on house prices. In 2024, the story is no different, and thanks to the latest data from Zoopla’s House Price Index, we’ve got some intriguing Continue Reading…
The motor finance industry has come under intense scrutiny in recent years, and the latest review by the Financial Conduct Authority (FCA) aims to clarify historic car loan commission practices. With FCA Chief Executive Nikhil Rathi at the helm, the investigation reveals issues regarding how car loans were incentivised and whether consumers were treated fairly. Continue Reading…
Increased construction costs due to a higher than expected level of inflation might only seem to be an issue if you have a building project in mind. However, it’s worth noting that inflation can also have a serious knock-on effect to your property-owners and landlords’ insurance. Here we explain in detail how and why landlords Continue Reading…
In a world where the threat of terrorism is an unfortunate reality, ensuring public safety has never been more critical. Hence, Martyn’s Law, a piece of UK legislation that is set to change how businesses, venues, and event organisers think about security. But what exactly is Martyn’s Law, and what does it mean for your Continue Reading…
