Tenant bidding wars have become increasingly common as the number of homes available to rent has failed to keep pace with demand. This shortage of rental properties has led to landlords receiving multiple applications for every vacancy, and in some cases, tenants are even willing to pay above the asking price in order to secure […]
Will taxing landlords at the source become the norm?
Under a proposed new scheme aimed at reducing rental fraud, letting agents and property websites would collect and report tax on behalf of landlords. This proposal has been met with firm opposition by finance professionals and landlords. It has also raised many questions about data privacy and who would be liable in the case of […]
Do you owe Capital Gains Tax on your property sale?
With the regulations surrounding Capital Gains Tax and property sales constantly shifting, many homeowners and their advisers may not realise that they owe tax on the disposal of a property.
UK property market – Is a crash on the way?
By Neil Driver Every time someone announces a sudden rise in property prices, there are an equal number of experts predicting that the bubble will burst.
Government review seeks to improve the holiday letting market
A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market for those living in popular tourism destinations.
Foreign property owner register to help crackdown on money laundering
As the war in Ukraine rages, the Government has taken steps to crackdown on foreign criminals attempting to launder money through UK property ownership.
HMRC rakes in more tax due to property price rise
By Neil Driver According to new data, HM Revenue & Customs has seen an increase in the tax it collects from property in the last 12 months due to rising property prices.
Eco-friendly solutions to save you money and increase property value
Making small eco-friendly improvements to your property can not only reduce running costs but also add value to your property. Here are a few ways you can boost your property value and help the environment. Upgrade your insulation Upgrading your insulation, particularly solid wall insulation, can make for one of the most profitable upgrades. Although […]
Homes for Ukraine: What you need to know
The government-funded “Homes for Ukraine” scheme connects Ukrainian refugees to UK residents who can offer accommodation. Any UK resident (regardless of nationality) who has a spare room or house can become a sponsor as long as they are allowed to remain in the UK for at least six months and can offer suitable accommodation for […]