Lovetts Coastal Properties Ramsgate and Broadstairs

Lovetts Travel Agents for the day!
16/09/2023

Lovetts Travel Agents for the day!

Filming for BBC 3 sitcom Things You Should Have Done is currently taking place across Thanet. Crews have shot scenes in Margate, around Nayland, and on Ramsgate seafront and will be filming at Love…

15/07/2023

You may have seen this exact copy of this publicity film uploaded by DAVID CARR who simply downloaded this clip from my channel and re-uploaded it to his own...

16/12/2022

A great night for our Christmas doooooo at North Foreland Golf Club. Good food, good music and lots of fun.

30/09/2022

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Stamp Duty Cuts take effect immediatelyChancellor Kwasi Kwarteng has announced that stamp duty will be cut. In future th...
23/09/2022

Stamp Duty Cuts take effect immediately

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut.

In future there will be no stamp duty on the first £250,000 of a property purchase, instead of £125,000.

First time buyers will only pay SDLT on homes over £425,000, up from £300,000. First time buyers' relief is available on properties up to £625,000, up from £500,000.

No change has been announced for additional property SDLT surcharges.

These changes take effect immediately.

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Next year’s planned increase in Corporation Tax is cancelled - this will therefore remain at 19 per cent, the lowest level in the G20 economies.

From April 2023 the basic rate of Income Tax will be cut from 20p to 19p. The government will also at that time scrap the 45p additional rate completely "to attract global talent and incentivise employment."

Kwarteng says the past approach of governments, increasing taxes to a 70 year high, will not be continued. Instead, via tax cuts, a trend rate of growth of 2.5 per cent per year is Truss government objective; this will turn ‘vicious cycle of stagnation’ into ‘virtuous cycle of growth.’

In terms of property and related issues, Kwarteng has also announced:

- There will be long term reform of the planning system outlined by the Levelling Up and Housing Secretary in the coming weeks. A new Bill will “unpick planning restrictions” with “streamlining” of processes. To boost housing supply, there will be an accelerated release of government-owned land;

- In the shorter term, specific Investment Zones will be identified for faster development with tax reliefs up to 10 years, and no stamp duty for some commercial and job-generating businesses in those areas;

Kwarteng says there are three priorities for the government:

- Reforming supply side of economy;

- Responsible public finances;

- Cutting taxes to promote growth.

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Other specific measures announced today include:

- Incentives for those out of work to return to the labour market, or risk reduced benefits;

- Minimum service levels, by law, to reduce strike action in key industries;

- Pension fund investments will be unlocked to allow investment into targeted growth projects;

- Bonus cap for City bankers scrapped;

- Enterprise Investment Scheme and Share Option plans will be enlarged;

- Office of Tax Simplification wound down, with the process devolved to all departments;

- Guarantee that Bank of England financial independent will be maintained;

- VAT-free shopping for overseas visitors;

- Planned duty rate increases for alcohol will be cancelled;

- National Insurance increases proposed for 2023 cancelled, as announced earlier this week, without reducing spend on HNS and social care services;
Glide
HMO
Tenancy Deposit Scheme

Kwarteng has also released details of the government’s already-announced energy intervention:

These will cost some £60 billion for the next six months, involving multiple steps:

- Household energy price guarantee, limiting household bills for the next two years to typically £2,500 per year; Existing plans to give £400 off bills for all households this winter - more for vulnerable individuals;

- Price guarantee for all businesses equivalent to that of households;

- An Energy Market Finances scheme, giving 100 per cent guarantee to banks to offer liquidity loans to energy suppliers.

- Combined, these energy measures will drop inflation by circa 5.0 per cent.

Fantastic photo of the Lighthouse on the West Pier of Ramsgate Harbour.
14/08/2022

Fantastic photo of the Lighthouse on the West Pier of Ramsgate Harbour.

A day after The Sturgeon Supermoon and still rising big and bright. I managed to capture it in the Ramsgate Lighthouse as it rose this evening (Saturday). https://rstanger.co.uk/image/709

Congratulations Your Majesty,  70 years our Monarch.
05/06/2022

Congratulations Your Majesty, 70 years our Monarch.

INSIGHTS AND OPINIONS BEN BEADLE 06/05/2022 National Association of Residential Landlords in reply to:Gimme Shelter: tac...
07/05/2022

INSIGHTS AND OPINIONS BEN BEADLE 06/05/2022 National Association of Residential Landlords in reply to:

Gimme Shelter: tackling flawed logic head-on

This week, following the publication of new research on Section 21 evictions by Shelter, our Chief Executive Ben Beadle wrote a letter to Shelter's CEO, Polly Neate, to challenge the misleading claims set out in their report. In this blog, Ben explains more.

Many of you, like me, will have been astounded by outlandish claims from Shelter last week, stating PRS tenants are receiving Section 21 repossession notices at a rate of one every seven minutes.

As landlords we all know the last thing any of us wants to do is evict decent tenants who are paying their rent. Why would we? What sort of business model would that be?

For all that groups such as Shelter paint a bleak picture of the rental market, it is they who are creating needless anxiety amongst tenants with such claims – stoking fears amongst renters that their landlord is about to knock on their door and ask them to leave for no reason.

Nothing could be further from the case.

The publication of the ‘one every seven minutes’ claim gave Shelter exactly what it wanted, blanket coverage across print and broadcast media, with the figure cut and pasted straight from their press release and into the newspapers.

But what of their claim?

The suggestion that a Section 21 notice – or, as they describe it, ‘no fault’ eviction – is served every seven minutes is not based on the ‘actual’ number of notices served, but on the findings of a survey of just over 1,000 renters in England.

What Shelter failed to do was to put their findings into context. A private renter being served a Section 21 notice every 7 minutes would amount to around 75,000 over the course of a year. This would represent just 0.7 per cent of the 11 million private renters Shelter itself says live in England.

These shaky claims are as frustrating as they are unsurprising.

As an organisation we have been vociferous in countering these claims.

We have spoken in the national media and provided statements for national radio and television – with solid, official Government statistics to back up our arguments. We told them:

The latest English Housing Survey shows 92% of tenancies were ended by the tenants themselves

The number of Section 21 possession cases brought to court fell between 2019 and 2022. And this wasn’t just because of the eviction ban in response to the pandemic. They have been falling since 2015.

There are restrictions on the use of Section 21, and many landlords are forces to use it even when there is ‘fault’ – such as serious arrears or anti-social behaviour – due to the flawed Section 8 process.

While it would be wrong to deny there are rogue landlords out there it is equally wrong for Shelter to suggest all landlords fall into this category by default.

The overwhelming majority of landlords want to keep tenants in their homes. We saw this during the pandemic, where time and time again we saw landlords waiving or deferring rent to support tenants who had fallen on hard times.

Having much common ground when it comes to tackling homelessness and the role the private rented sector can play, I am disappointed Shelter felt the need to launch this attack on the very people providing the homes to rent that this country so desperately needs. The reality is that tenants need landlords and landlords need tenants and it is in all our interests to ensure a thriving sector into which everyone abides by both their rights and responsibilities.

I have written to Shelter Chief Executive Polly Neate, challenging the charities claims and stating our case.

I have also spoken directly with housing minister Stuart Andrew to set the record straight, countering Shelter’s claims and sharing the official Government figures that the charity has so conveniently ignored.

To read the letter to Shelter in full click here.

# SECTION21

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