With a new Prime Minister and a new Chancellor heavily modifying their predecessors’ policies on the deficit, “affordable” housing and schools, the property industry is hopeful that the government will pursue similar revisionism on its landlord tax policy.
The Royal Institute of Chartered Surveyors this week called on the government to scrap the stamp duty surcharge on buy-to-let and second homes, while landlords have been in the High Court to challenge the withdrawal of mortgage interest tax relief for landlords paying higher rate income tax.
We’ve just learned that there will not be a judicial review of the government’s policy.Read more
During his recent visit to New York City, the Mayor of London took the opportunity to announce one of his key pre-election pledges for the private rented sector, the London Living Rent.
Doing so while overseas was both surprising and interesting and his visit to New York highlighted the challenges facing the Mayors of both cities.Read more
This week will mark 50 days since Sadiq Khan was elected Mayor of London in an election that was defined by the capital’s housing crisis. Yet since that point private renters (and indeed all Londoners hit by its failed housing system) have had to wait patiently to hear the detail within the Mayor’s commitments.Read more
London has a new Mayor. Sadiq Khan was elected last Thursday with 1.3m votes, the largest personal mandate for any British politician in history. That gives him a lot of clout in implementing his manifesto, whether that's dealing with local councils or the Westminster government.
Let's remind ourselves what he promised. On our Vote Homes comparison site, Sadiq came in behind the Green Party candidate Sian Berry with more amber policies (ones we felt were okay) than greens (policies we called for). And while he had fewer greens than the Lib Dem, Caroline Pidgeon, he had no policies we thought were terrible (marked red) to Caroline's two (on security and rent levels).Read more
After months of debate and campaigning, the London Mayoral election is imminent. Despite housing being the absolute number one issue of the election, the two frontrunners have not managed to face each other to debate it.
There have been general hustings between Sadiq Khan and Zac Goldsmith, including the Evening Standard and Centre for London debate on 21 April, where, amid heated exchanges on policing, transport and extremism, the only real look-in that housing had simply highlighted the similarities between the candidates: building ambitions, first dibs for Londoners, and refusal to build on the green belt (despite Zac’s desire to paint Sadiq as a park concreter).Read more