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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Keep up-to-date with the latest property news in the UK.

Households feel the strain as mortgage costs up 21.5%

The latest research by Revolution Brokers has revealed just how much more UK homeowners and buyers can now expect to pay when it comes to the monthly cost of their mortgage repayments, following a fifth consecutive increase in interest rates by the Bank of England a few weeks ago.

Based on the average cost of a UK home,...

Property market value climbs by £2.7trn over the last decade

Research by property developer Stripe Property Group , has revealed that in the last decade, the property market across England and Wales has seen £2.7trn added in value, a 67% increase since 2011.

Stripe Property Group analysed data on the number of households across the nation, hot off the press from the latest census, cross referencing the data with house price data, to find the...

London’s parks commanding property premiums as high as 144%

Research from London lettings and estate agent, Benham and Reeves , reveals that while homebuyers will, on average, have to pay 50% over London’s average house price to live near one of the city’s great parks, there are still some great parkside deals to be found where prices are up to -9.6% below the city average.

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This is how homebuyers are searching in the current market

The latest property industry insight from YourBusinessNumber suggests that while digital continues to dominate the way we purchase properties, homebuyers still find value in some traditional methods.

Technology has transformed the way we buy and sell properties with the advent of the property portal perhaps the biggest change in recent times.

In fact, when surveying over 1,...

New Renters Reform Bill Will Negatively Impact Social Tenants as Waiting List Time Rises

Housing Generation specialists, Forbes Solicitors have predicted an initial strain on social housing, and longer waiting time for those on the oversubscribed waiting list . [VC1]

The Renters Reform Bill is due to receive royal assent, meaning it will be approved by the monarchy and the law will officially be set into place.

On 16th June 2022, the Government released the ‘...

Rate of first-time buyers falls in rural areas as families swap cities for countryside

The pandemic has drawn families away from UK cities, pushing rural house prices up and pricing first-time buyers out, according to a report released by the Royal Town Planning Institute.

Increased interest in large family homes in rural areas suggests that families were looking for more space during the pandemic. But data collected by the Institute shows that first-time buyers, often...

Rents up by as much as 30% since pre-pandemic

England rent values increased by up to 30% since pre-pandemic

The latest market analysis by rental platform, Rentd , shows that the average price of rent in England has increased by as much as 30% since the start of the pandemic, as the rental market woes of the pandemic fade into memory.

During the pandemic, house prices skyrocketed but the rental sector struggled. Eviction bans,...

Carter Jonas appointed as Town Planning Advisor for the Science and Technology Facilities Council

National property consultancy Carter Jonas has been awarded a two-year contract to act as the retained planning consultants for the Science and Technology Facilities Council (STFC) to advise on all planning matters. The contract includes land at STFC’s Rutherford Appleton Laboratory, on the Harwell Science and Innovation Campus, near Didcot in Oxfordshire, it’s conference centre Cosener’s...

Nation’s homeowners sitting on £2.6 trillion in equity

Market analysis by leading mortgage broker, Henry Dannell , has revealed that the level of equity built up in the property market across England currently sits at over £2.6trn and that’s just those homes that are owned outright, with a 17% increase in this level of total homeownership over the last five years.

Henry...

Rental sector reaction to Gov reform white paper

Eddie Hooker, CEO of the Hamilton Fraser Group, who operate industry schemes such as Total Landlord Insurance, the Property Redress Scheme and Client Money Protect says:

“Having waited three years for this White Paper, we had a good idea of what the rental reforms would look like, and I welcome the Government’s intention to improve the...

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