Autumn Statement 2016 - Initial Reactions

23 Nov 2016

Tina George, Head of Real Estate at DMH Stallard, said in response to the Chancellor’s ban on letting fees to tenants: “The ban on tenants having to meet the fees of renting property will be a blow for millions of landlords, and whilst more detail is awaited, this is likely to further impact on the profitability of buy to let investments in the future.”

Regarding housing, she added: “While £3.7 billion is being earmarked to boost housing delivery, 140,000 new homes only reflects approximately half of the Government’s annual housing target and the industry will be eager to see further proposals to boost delivery within the forthcoming White Paper.”

Her comments came after the Chancellor’s announcement of a £2.3billion fund to build up to 100,000 houses in high-demand areas, with a Housing White Paper to be published shortly.

Ms George added that it was expected before the Autumn Statement that an announcement would be made in relation to CIL and Starter Homes but said perhaps this will come at a later date with publication of the Housing White Paper.

Further reading

The meaning of vacant possession – useful guidance from the Court of Appeal

Blog, Legal Updates
Cheraine Williams considers the facts of a recent case but urges tenants not to rely solely on the outcome
Read more Read

Employer's question: the right to appeal a redundancy dismissal

It is common practice to offer the right to appeal against a redundancy dismissal. If you are considering not doing so, tread carefully.
Read more Read

Can I disinherit my children?

"American Pie" hit maker, Don McLean, is said to have disinherited his daughter after her claims of emotional abuse. Is it really that easy?
Read more Read

DMH Stallard Corporate team wins major industry award

Blog, News & PR
Private Equity / Venture Capital Deal of the Year 2021 awarded to deal led by Abigail Owen
Read more Read
  • Brighton Office

    1 Jubilee Street


    East Sussex

    BN1 1GE

  • Gatwick Office

    Griffin House

    135 High Street


    West Sussex

    RH10 1DQ

  • Guildford Office

    Wonersh House

    The Guildway

    Old Portsmouth Road



    GU3 1LR

  • Horsham Office

    Ridgeland House

    15 Carfax


    West Sussex

    RH12 1DY

  • London Office

    6 New Street Square

    New Fetter Lane


    EC4A 3BF

  • Get in touch