UK Property

A 21-year-old man has been arrested and charged following the alleged recovery of cannabis and other drugs valued at £12,000. Shortly before 8am on Friday, April 4, officers raided a property on Ryehill Road in Barmulloch as part of an intelligence-led operation. Following that, cannabis was reportedly recovered with an estimated street value of around £12k as well as a quantity of cocaine and valium. The man is expected to appear at Glasgow Sheriff Court on Monday, April 7. READ MORE: Police speak out amid 'concerns' due to filming near playparks Sergeant...

Homebuyers in England will pay £3,229 more in stamp duty from April 2025 for an average property, one expert warns.From this month, homebuyers will start paying stamp duty on properties sold for over £125,000, the previous threshold had been £250,000. This means a home in England selling for an average of £291,397 will pay stamp duty of £4,569, £3,229 more than if the property had been sold before April 1.Stamp duty is taxed at between 2%, 5%, 10% or and 12% of a property's purchase price, with different rates applying...

The overall picture for current UK expats is generally a positive one ahead of new tax rules coming into effect on April 6 2025, according to Helen Clarke, HNW and international partner at Irwin Mitchell.Following the Autumn Budget, Rachel Reeves introduced a new set of rules which included the introduction of the foreign income and gains regime. This will offer 100 per cent relief on foreign income and gains for the first four years of UK tax residence for certain returning expats. Reeves also unveiled a new residence-based system for...

However, there are a number of regulations across the UK to control how tall these can be, leaving many in the dark. If you've ever wondered how tall you can make your fence or if your neighbour's isn't up to code, then look no further. Can I legally paint or alter my side of the neighbour's fence? Citizens Advice states that you may not alter your side of the neighbour's fence without their permission. Your neighbour also doesn't have to change their wall or fence (such as to make it higher...

As a 20-something graduate, my decision to snub a company pension scheme in favour of saving for a property deposit was a sacrifice I felt I had to make. I couldn’t afford to do both at the same time as repaying my student loan, even though it was minuscule by today’s standards, so I left the “free money” of employer contributions on the table. Buying my first flat was a far more pressing priority than locking up money for retirement.Decades later, the question of whether to prioritise “pension or property”...

The Royal Borough of Windsor and Maidenhead set up a wholly-owned private firm, now known as RBWM Property Company (PropCo), in 2011 to provide affordable homes and housing for key workers. But the council’s current leader Simon Werner said that it actually worked to hide decisions from the public, and blamed it for controversial property deals. Councillor Werner said: “It seems to me that it was a deliberate vehicle for hiding the decision-making process from councillors and from the public, and basically a mechanism for putting property developers at the...

The modern property, located in an area with access to the city and M6 Motorway, offers a comfortable and contemporary living environment. According to the estate agent, the house provides "ample space" for family living. Externally, the property comes with gardens to the front and rear (Image: Rightmove) The ground floor has a living room that connects to the dining room.  On the same floor, there is a "fully equipped" kitchen breakfast room and utility room.  Upstairs it also features a master bedroom with an air conditioning unit and an adjoining...

On the day that stamp duty thresholds revert to their previous higher levels, the Tony Blair Institute has called for wholesale property tax reform.The institute’s director of economic policy, Tom Smith, says: “From today home buyers in England and Northern Ireland will pay more stamp duty when temporary reliefs come to an end.  “While these changes are necessary given the state of the public finances, they mean many people will be paying thousands of pounds more to buy a home, and for some people – such as first-time buyers – this change may...

As a global equity investor, there is much to consider from US President Trump’s new tariff regime, particularly in the context of UK equities.The UK and Singapore received the lowest ‘reciprocal tariffs’ in President Trump’s ‘Liberation Day’ announcement. A tariff rate of 10 per cent, less than that imposed on the Eurozone, is probably a win for the UK economy, but for the UK stock market the picture is a little more nuanced.Compared to Europe, which faces a 20 per cent increased tariff, the changes will be easier for UK business to...

It's all down to SONIA swap rates (very broadly speaking, this is how much banks pay for sterling overnight), which have fallen this morning following Liberation Day in the US. According to Bloomberg, traders are now pricing in nearly 63 basis points of cuts from the Bank of England with the expectation of three rate cuts this year. The result? Potentially cheaper mortgages for UK homeowners - albeit with worse rates for savers if rates fall. 🚨 #TrumpTariffs: Economic genius or global disaster? 10% import tax + 34% on China = higher prices for...