Newport Property News & Updates

Mr Osborne certainly seems to have it in for private residential landlords!  Here's a breakdown of the tax changes he has brought to bear over the last few budgets with some helpful examples
Lesley Griffiths, the Minister for Communities and Tackling Poverty, has at last announced the introduction date for the new Rent Smart Wales initiative. Contained in the Housing (Wales) Act 2014, part 1, the  new legislation will be introduced on 23 November 2015. Cardiff City Council will act as the licensing authority, and will run a website and...
What with the Housing (Wales) Act, the Immigration Act 2014, The Renting Homes Bill, Immigration Act (Right to rent), the Deregulation Bill, and the Labour party’s manifesto pledges it’s no wonder Welsh landlords heads are spinning! While the Government might excel in passing new pieces of legislation, they aren’t always the best at communicating their details to those it...
The question most commonly asked about the Immigration Act at the moment is “When will the scheme roll out to my area?”
The Bank of England has been granted new powers in the housing market this week. A statement issued by the government has revealed the organisation's Financial Policy Committee (FPC) will now have the ability to set limits on debt-to-income ratios and loan-to-value ratios for mortgages in a bid to ensure stability in the housing sector.
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