The Property Catalyst Club

The Autumn 2024 Budget for Property Investors – What’s Happened and What to Do About It The latest UK Budget brought in some big shifts for the property world. Here’s a quick rundown of what’s changed and how you might want to respond: Stamp Duty Land Tax (SDLT): Increase on Additional Properties – The surcharge for buying additional properties has jumped from 3% to 5%, effective immediately. What to Do – Time to review your investment areas and sharpen your negotiation on purchase prices to keep your deals viable. Capital Gains Tax (CGT): Rate Hike – The lower CGT rate has risen from 10% to 18%, and the higher rate from 20% to 24%. What to Do – Look over your asset disposal plans. Make use of any available allowances, and if possible, consider holding onto assets a bit longer to see if reliefs improve. Inheritance Tax (IHT): Agricultural and Business Property Relief Change – From April 2026, 100% relief will apply only to the first £1 million of combined agricultural and business property; the rest will get 50% relief. What to Do – Check over your estate planning. A conversation with a tax advisor might reveal ways to better structure your assets and take advantage of any other reliefs. Employer National Insurance Contributions (NICs): Increase – From April 2025, Employer NICs will rise by 1.2% points, up to 15%. What to Do – Assess your staffing costs. You might want to explore restructuring roles or investing in automation where it makes sense. Affordable Housing Initiatives: Funding Boost – An extra £500 million has been added to the Affordable Homes Programme, aiming to bring 5,000 new affordable homes into the market. What to Do – Consider partnering on affordable housing projects. Government grants and incentives in this area could help expand your portfolio. Right to Buy Discount Reduction: Cutback – The Right to Buy discount for council tenants will be reduced, helping retain council housing stock. What to Do – Keep an eye on housing demand. Less Right to Buy could mean continued strong demand for rentals. Bottom Line: These changes mean it’s time to revisit your strategy. Digging into the details now could reveal some worthwhile opportunities.

We had cake, laughter and some awesome property conversations. Graham and Nick are very grateful to all that joined us at The Property Catalyst Club's 1st Birthday 🎂 Paul Lanfear delivered a fantastic talk on his lessons on life, business and property. And if in doubt, surfing solves everything 🏄♂️ A special thanks to our sponsors Matt Hawcroft from CFP Group, Maria Hatton, Chris Cox, Martin Hirst Financial Services, Harvey Harding from PM Law Limited, The Business Catalyst Club and LivdIn Property See you all in the new year 🙌 😊

That’s a wrap! Thanks so much from Graham and Nick to all that attended The Property Catalyst Club in Leeds today. Awesome group of people with special thanks to our guest speaker Will Bailey and our esteemed sponsors Matt Hawcroft from CFP Group, Martin Hirst Financial Consultancy, Darren Stone from Leon and Company, Maria Hatton from Hatton Creative Consultancy, The PM Law Group and Chris Cox from Made by Bridge. Media partners Sam Cooke (Blue Bricks Magazine) and Paul Mirage ♦ Creating Business Awareness (Business Connect Magazine)…we appreciate your support! See you in September at the next one.

100+ property people helping each other, learning and growing together. Graham Shiers and Nick Thorpe had a brilliant time and thanks so much to all that attended! Next one is 27 June 24 so save the date😊.

Remember the sun? Hopefully it will stop raining next week and the sun will shine on everyone attending The Property Catalyst Club April 2024 Invitation-only Leeds Lunch. We have another packed event on Thursday 18 April with portfolio landlords, investors, developers and property professionals and service providers hearing from our speakers and sharing deals and opportunities while enjoying a drink or two and plenty of good food. If you'd like to meet other property based decision makers contact simply myself or Nick Thorpe for a chat. Huge thanks as always to our wonderful Sponsors Matt Hawcroft and CFP Group; Harvey Harding and PM Property Lawyers; Maria Hatton and Hattons Creative Consultancy; Elise Bowmer and LivdIn Property; Martin Hirst Financial Consultancy; Chris Cox and Made by Bridge; Darren Stone and Leon and Company; The Business Catalyst Club

Great coverage of The Property Catalyst Club January 2024 Lunch - many thanks Paul Mirage ♦ Creating Business Awareness

What a fantastic group of people at our Jan 24 event! Working together to grow business, connections and opportunires✨. Graham Shiers and Nick Thorpe are very grateful to all those that attended The Property Catalyst Club in #leeds Special thanks to our sponsors Matt Hawcroft Maria Hatton Darren Stone Martin Hirst Financial Services LivdIn Property Chris Cox Harvey Harding and The Business Catalyst Club And our guest speaker James Wyatt 🙌🏻 See you all at the next one!