CPS Homes Blog - Recent Posts
09 September 2010
Bank of England Maintains Bank Rate at 0.5% and the Size of the Asset Purchase Programme at £200 BillionThe Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases ...
Read "Bank of England Maintains Bank Rate at 0.5%" >
12 August 2010
Over the past ten years CPS Homes has grown to be the leading property agent in the Cardiff area. With over 800 managed properties, dealing with huge numbers of both tenants and prospective applicants on a daily basis, we continue to strive for excellence in our field. We have built a ...
Read "We're 10 years old! CPS Homes celebrates its 10 year anniversary." >
09 August 2010
The Government has decided that from 1st October 2010 the Assured Shorthold Tenancy (AST) threshold will rise to £100,000 from £25,000. The rise will apply retrospectively and will be applied to existing tenancies.In short, this change means that any tenancy with an annual rent of between £25,000 and £100,000 will become ...
Read "Important changes to deposit protection legislation from 1st October 2010" >
22 June 2010
Capital Gains Tax (CGT) rises from 18% to 28% at midnight tonight for higher rate tax payers. This was probably the most controversial of the budget announcements, although not as dramatic as some forecasted. Still - shareholders, entrepreneurs, buy-to-let investors, holders of share options and many others can both win or ...
Read "Capital Gains Tax Raised" >
04 June 2010
Following on from the recent success of CPS Homes sponsored side Clwb Cymric at the climax of the football season, Dinas Powys Cricket Club has proven that experience is not always greater than youth!The junior section of the club was called upon for the recent Bank Holiday clash at Barry West ...
Read "Another of CPS Homes sides excels in sport!" >
20 May 2010
If you are considering selling your property, then CPS Homes has some great news for you; selling your home just got easier, and less expensive!The coalition Government has today announced the suspension of the use of Home Information Packs (HIPs) by home sellers. HIPs were introduced in 2007 in England and ...
Read "Home Information Packs (HIPs) Suspended!" >
15 May 2010
With football the height of discussion in the Cardiff area at present due to the progress of Cardiff City and their bid to become a Premier League team, CPS Homes are pleased to announce the success of another of our Cardiff teams. Clwb Cymric, a Welsh speaking local football team have ...
Read "CPS Homes supports local team!" >
14 May 2010
Sales in second homes, and investment properties could rocket over the coming weeks as investors and property owners look to offload their assets before any rise in Capital gains tax in the UK coalition Governments’ first budget.As part of a radical series of tax reforms planned by the Conservative-Liberal Democrat coalition, ...
Read "Capital Gains Tax could rise" >
14 May 2010
HIP’s could be scrapped as early as May 25th under the coalition agreement between the Conservatives and Liberal Democrats, according to sources. Only Energy Performance Certificates (EPC’s) are likely to be kept, however it is not clear whether the coalition Government intends to follow through this plan.Pulling the requirement for the ...
Read "Home Information Packs (HIP’s) could be scrapped" >
04 May 2010
Due to the downturn in the housing market, some homeowners have reluctantly become landlords, with little or no experience of dealing with tenants, in order to balance the books.Landlords who have been in the business for years have already had to face many different issues arising from renting out their homes.For ...
Read "Landlords' questions answered!" >