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Government retains Β£2m mansion tax threshold

The Government has reportedly abandoned plans to reduce the threshold for the High Value Council Tax Surcharge from Β£2 million to Β£1.5 million. The decision means nearly one in 10 London homes current

πŸ“… 2026-10-13 | πŸ“° PropertyWire
#real-estate #government #retains

Government proposes six-month threshold for empty home orders

The UK government has announced plans to reduce the qualifying period for Empty Dwelling Management Orders from two years to six months, enabling councils to take over management of vacant properties.

πŸ“… 2026-10-13 | πŸ“° PropertyWire
#real-estate #government #proposes

London landlords re-let properties after initial sale plans

Approximately one in four London landlords who listed properties for sale following the implementation of the Renters' Rights Act have since returned them to the rental market. The estate agency's ana

πŸ“… 2026-10-13 | πŸ“° PropertyWire
#real-estate #london #landlords

High loan-to-income mortgages rise to 46% of advances

Nearly half of all mortgage advances in the second quarter went to borrowers with high loan-to-income ratios, according to FCA and Bank of England data. The 46% figure represents an increase from 41.4

πŸ“… 2026-10-13 | πŸ“° PropertyWire
#real-estate #high #loan-to-income

Iran Escalates Attacks on Ships, Threatening Oil Export Recovery

Iranian attacks on ships crossing the Strait of Hormuz have surged, potentially threatening the recent recovery in Persian Gulf oil exports. People working in the shipping industry said there were sig

πŸ“… 2026-10-13 | πŸ“° Insurance Journal
#insurance-news #iran #escalates