Residential Landlords Association (RLA)
Today in politics: Stamp duty, right to rent and the benefits cap
Today we look at calls from a Tory Peer for stamp duty reform, calls for an update on right to rent guidance and the latest benefit cap figures.
Stamp duty reform
Baroness Mone (Conservative) has received a response to her written questions asking:
- What plans the Government has to introduce new tax incentives in the next budget to support the UK housing market; and
- What plans the Government has to reform (1) tax relating to the housing market, and (2) stamp duty, following Brexit.
Responding for the government, The Earl of Courtown (Treasury Spokesperson) said:
“The government has already made substantial reforms to the taxation of housing.
“At Autumn Statement 2014 the government reformed SDLT on residential properties, cutting the tax for 98 per cent of buyers who pay it, unless they are purchasing additional property.
“At Autumn Budget 2017 the government went further and introduced an SDLT first-time buyer relief that means that 80 per cent of first-time buyers will not pay SDLT, and 95 per cent of first-time buyers who pay SDLT will benefit from the change.
“At the last election the government committed to introduce an SDLT surcharge on non-UK residents purchasing residential property in England and Northern Ireland. This aims to help control house price inflation and the money raised will be used to tackle rough sleeping.
“The government will announce further updates on all tax measures at the Budget, to be held on 11 March.”
MP wants right to rent update
Alex Norris MP (Labour, Nottingham North) has received a response to his written question asking what plans the Home Office has to update the:
- Right to work checks and
- Right to rent document checks guidance to allow digital forms of identification to be accepted
The Immigration Minister, Kevin Foster MP, responded:
“When an individual undergoes a right to work or right to rent check, they are not just evidencing their identity, they must also demonstrate their entitlement to work or rent.
“The Home Office is transforming the way migrants demonstrate their immigration status and right to work and rent in the UK.
“The digital online status checking service for employers conducting right to work checks was launched on 6 April 2018.
“In January 2019, we amended secondary legislation and issued new guidance to employers which sets out how they can use the online service in complying with their responsibilities under the Immigration, Asylum and Nationality Act 2006 on the prevention of illegal working.
“The Home Office is planning to launch an online digital right to rent status checking service to support landlords in conducting right to rent checks.
“The government is also working to develop proposals for a digital identity system that would enable people to prove their identity easily and securely, without the need to provide physical documents, and to meet the demands of the digital age.”
Benefits cap affects 77,000 households
The Department for Work and Pensions has published the latest statistics on households that have had their benefits capped between 15th April 2013 and November 2019.
- 77,000 households had their benefits capped: 37,000 had Housing Benefit capped and 40,000 had Universal Credit capped at November 2019.
- 3,000 fewer households had their benefits capped: 6,600 (15%) fewer households had Housing Benefit capped, whilst 3,600 (10%) more households had Universal Credit capped at November 2019 compared to August 2019.
- 290,000 households have been capped: 220,000 have had Housing Benefit capped and 77,000 have had Universal Credit capped at some point between April 2013 and November 2019.
Latest News from
Residential Landlords Association (RLA)
New 'golden rules' to sustain tenancies18/09/2020 12:33:00
New ‘golden rules’ to sustain tenancies in the rental housing market have been published ahead of the courts beginning to hear possession cases from the 21st September.
Rent Controls would be a disaster for London renters17/09/2020 09:38:00
Proposals by the Mayor of London for rent controls in the capital would be a disaster for tenants.
Almost a quarter of landlords surveyed lose rent due to Covid-1916/09/2020 11:43:00
Almost a quarter (22 per cent) of private landlords with properties in England surveyed have lost rental income as a result of COVID-19 according to new polling.
England trailing rest of UK in support for renters and landlords03/09/2020 12:15:00
The Scottish Government recently (01 September 2020) announced that hardship loans for tenants will be made available in Scotland to those unable to access other forms of support for their housing costs.
BREAKING: Landlords welcome clarity on possession cases- but the courts must open28/08/2020 13:01:00
Ministers have today made important concessions about how repossession cases in the rental market will be handled from 20th September.
Landlords face two years without rent27/08/2020 13:01:00
The Government’s plans to extend the evictions ban could leave private landlords without any rent for up to two years.
Fury as evictions ban extended and new six month notice rule brought in21/08/2020 13:01:00
The evictions ban has been extended until September 20 with new six month notice periods brought in, it has been confirmed today.
Mayor stoking tensions between tenants and landlords17/08/2020 14:15:00
The Mayor of London is causing needless fear for renters as he wrongly assumes that everyone in arrears due to COVID-19 is at threat of eviction.