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Remembering Her Majesty The Queen (Change in our Office Hours) 16 September 2022

We are deeply saddened by the death of Her Majesty Queen Elizabeth second and remember her service of our nation for over 70 years.

As a mark of respect for Her Majesty"s passing, and to give our colleagues and clients the opportunity to commemorate her funeral.... Read More

Her Majesty, Queen Elizabeth II 09 September 2022

iProperties Ltd is saddened by the passing of Her Majesty, Queen Elizabeth II. We extend our sincere condolences to The Royal Family. Read More

Brokers baffled as Bank of England drops mortgage affordability tests 21 June 2022

The Bank of England has confirmed plans to withdraw the requirement for lenders to conduct interest rate stress tests on mortgage applications.

The Bank"s Financial Policy Committee introduced the test in the aftermath of the financial crisis in 2014 to ensure borrowers could afford changes in their monthly repayments.... Read More

Are private landlords doomed? 09 June 2022

The UK property market boom is soon over, as experts predict that the rising inflation and the cost of living crisis will cause a house price correction.

The Government also proposes major changes to the private rented sector, which will end the no-fault eviction process under section 21 of the Housing Act 1988.... Read More

EPCs to be reviewed - so have they been wrong all this time? 08 February 2022

A national newspaper says the current ratings of the Energy Performance Certificate are under review by the Department for Business, Energy and Industry Strategy.

A department spokesman has told the Daily Telegraph: "Energy Performance Certificates provide useful guidance for consumers and businesses outlining how energy efficient buildings are in a simple and comparable manner.... Read More

Landlords face massive bills to meet energy efficiency goals - Year 2025 Minimum EPC rating C 07 February 2022

Almost a quarter of landlords say their properties are currently rated D or below for energy efficiency, according to a new report from Shawbrook Bank.

Some 23 per cent of landlords surveyed said that their properties were rated D or below, however, the number could be higher with a further 27 per cent of landlords admitting they don"t currently know the EPC rating of their properties.... Read More

Section 21 scrapped as Gove hands rental power balance to tenants 02 February 2022

The government"s new Levelling Up White Paper includes a dramatic reshaping of the private rental sector.

Section 21 eviction powers will be removed from landlords and Housing Secretary Michael Gove says this will "end the unfair situation where renters can be kicked out of their homes for no reason.... Read More

HMRC warns of `negative impacts` of Coronavirus on sales figures 22 July 2021

HM Revenue & Customs has warned of what it calls the "negative impacts" of the pandemic on the latest property transactions figures.

HMRC says the 213,120 transactions last month meant there was a 219.1 per cent increase in residential transactions from June 2020 to June 2021, which is 74.... Read More

Stamp duty reprieve for landlords expanding portfolios right now 25 February 2021

Landlords currently buying properties and concerned they may not make the March 31 stamp duty holiday deadline have good news - there"s likely to be an extension.

The Times has an exclusive that Chancellor Rishi Sunak will extend the tax break until the end of June in order to avoid as many as 100,000 purchasers - thousands of them landlords - missing out on the exemption because of slow transaction processes.... Read More

What does the new stamp duty holiday mean for you? 09 July 2020

What does the new stamp duty holiday mean for you?

The government has today (8th July) unveiled a new stamp duty holiday that will run until 31st March next year.

As soon as the chancellor made the announcement we saw a rush of people looking at property on iProperties website for sale and auctions.... Read More

When will we get possession? 22 June 2020

When will we get possession?

The suspension of the courts hearing possession claims was due to come to an end on 25 June but has been extended. The Practice Direction 51Z for the Civil Procedure Rules (CPR) was initially issued on 27 March 2020 and suspended all Part 55 possession claims and enforcement of those claims for a period of 90 days until 25 June 2020.... Read More

EICR Deadline - Are you ready? 22 June 2020

If you are renting out a property in England, any tenancy you create or renew on or after July 1st 2020 will require an electrical inspection and a report on the condition of the property (EICR) performed by a qualified person.

Renewals in this case include statutory periodic tenancies that are created at the end of a fixed term on or after this date.... Read More