Excel Property UK

What are the new Stamp Duty changes?

The chancellor, Rishi Sunak, has announced that from 15th of July 2020 until 31st of March 2021, there will be no stamp duty to pay on property purchases up to £500,000.   What is Stamp Duty and how much would you normally pay?  You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England […]

New legislation comes into force from 1st July 2020 for Electrical Safety Standards in the Private Rented Sector

The Government has now published the guidance for The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020.   Landlords will have to ensure every fixed electrical installation is inspected and tested before the tenancy begins, for all new private tenancies in England from 1st of July 2020 and existing tenancies from 1st of April 2021. As a landlord you will also need to make sure that the […]

Is your letting agent complying with the latest client money protection regulations?

– 22 March 2019 – Is your letting agent complying with the latest client money protection regulations?   The new regulations that came into force on 1st April 2019 under the Housing and Planning Act 2016 require all Letting and Property Management Agents in England, operating in the private rental sector, that hold money on behalf of clients to belong […]

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