Mortgage Holiday Announcement

Property owners who are facing financial difficulties brought about by the coronavirus are extended a three-month mortgage payment holiday, but the government has suspended tenant evictions. The government will advise landlords to show some compassion and allow affected tenants to stay in their homes wherever possible, meaning landlords won’t be able to start the process of evicting their tenants from social or private rented stock for at least three months.

First Time Landlords

Converting your property into a rental is a good way to make money and at the same time, increase the value of your asset. However, as a first time landlord, there are some legal aspects of the rental business that you need to know about and comply with to protect you from costly and time-consuming court litigations.

Stamp Duty Surcharge for Non UK Property Buyers

The chancellor, Rishi Sunak, has confirmed the introduction of a 2% stamp duty surcharge for foreign property buyers to take effect from April 2021.

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