Property news

How to Declare Airbnb Income to HMRC

Your Airbnb account says guests paid £800 for a stay, but a smaller amount reached your bank account. Which figure belongs on your tax return? If you only let the property for a few weekends, do you need to send a return at all?

The first job is to establish what HMRC expects for your type of letting. After that, you can collect the figures for the correct tax year, register if necessary and...

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Property Sales Demonstrate the Value of Woodlands in the ‘New Normal’

Love of nature grew during the Covid lockdowns. But is that appreciation here to stay in today’s ‘new normal’? More specifically, does it determine what we are prepared to pay for our homes?

Property expert Leaders Romans Group (LRG) carried out a substantial piece of research to determine whether the...

Strong Demand for Catalyst’s Shared Ownership Homes in Houghton Regis

Catalyst’s collection of homes at The Lanes at Thorn Fields in Bidwell has seen exceptional demand, and a consistently strong sales rate, with a healthy list of interested buyers waiting for future releases. With 137 Shared Ownership homes available across four different house types, the development will welcome a brand-new community of families and first-time buyers.

Through Shared...

Jargon busting the new-build homebuying process

Warwick Estates has created a jargon-busting guide to the complex and often confusing vocabulary and language used when marketing and selling new-build homes in the hope of giving buyers more confidence and knowledge while navigating their purchase.

While there are some pieces of new-build jargon that most people will be aware of and understand, such as Showhouse and Freehold/...

Tenants reveal most off-putting rental sector features

Research from Ocasa , the specialist rental platform, has revealed what things tenants find the biggest turn off when it comes to searching for that perfect rental property, as well as what they can’t stand about landlords.

Ocasa surveyed over 1,000 current UK tenants asking them what they found the most off-putting about a rental property and a landlord.

Most off putting rental property...

Property market cooling since the start of the pandemic

Research by specialist property lending experts, Octane Capital , suggests that despite the well documented pandemic property market boom, housing market activity has actually been on the slide since the first quarter of 2020, at least where mortgage fuelled transactions are concerned.

Last week, Nationwide revealed that house prices have hit a new all-time high as buyer activity...

How to keep indoor air fresh during a heatwave

The Met Office has forecasted warmer and higher temperatures over the coming days. Whilst many will be reaching for their fans, air purification experts, Blueair explain why you should also keep your indoor air quality in check in the case of a heatwave. Climate change, with its longer, warmer and particularly drier summers, has a negative effect on the air quality in our homes and offices...

Homebuyers driving demand for new-builds in these cities

The latest New-Build Demand Index by Unlatch , has revealed that Leeds, London and Cardiff have seen the largest quarterly uplifts in homebuyer demand for new homes in Q2.

The index by Unlatch monitors changing demand for new-build homes across 20 major cities across. Demand is calculated by studying the ratio of new homes already sold subject to contract or under offer as a...

Mortgage repayments consuming 28% of earnings

Research by estate agent comparison site, GetAgent.co.uk, has revealed that the proportion of disposable household income required to cover the average mortgage repayment is at by far its highest in a decade, hitting 27.6% so far in 2022.

GetAgent analysed the average annual cost of a mortgage repayment based on a three year fixed mortgage at a 75% loan to value and what this equates...

Government curb on short-term letting set to impact millions

As the cost of living soars, it comes as no surprise that many Brits are exploring side-hustles – and there’s one which is continuing to rise in popularity: short-term letting. However, the government crackdown on short-term rentals – including regular checks and higher fees – is set to impact many across the country.

The new government review of short-term tourist accommodation has...

The impact of a rogue tenant on letting agents

While the bulk of the financial losses are felt by the landlord, research from Credas Technologies, the leading identity verification checks provider, has revealed how letting a rogue tenant slip through the AML net can come at a significant cost for letting agents, ranging from loss of income to legal action and a tattered reputation.

It is estimated that the average rogue tenant...

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