Newport Property News & Updates


Mandatory licensing of all letting agents and private landlords in Wales will go ahead after the Housing (Wales) Act 2014 has become law. It is the first piece of major housing legislation that the Labour-led Welsh Assembly has enacted, through devolved powers. The legislation gives powers to implement compulsory licensing throughout the pri vate rented sector – and could be a template...
 HMRC have declared that they are still working to uncover any unpaid tax accumulated from second home property sales.This is not the first warning issued from HMRC, as they endeavour to reiterate the message that all individuals who have sold properties which have served as second or holiday homes in the UK and abroad have not yet declared their Capital Gains Tax (CGT) will be penalised...