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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A great outdoor space can boost London property values by as much as £381k

With the Chelsea Flower Show fast approaching, research by central London estate agency, Bective , has revealed that a well landscaped garden is one of the most lucrative additions London homeowners can make when it comes to boosting the value of their home.

For the first time ever, the beloved Chelsea Flower Show is taking place at the end of September rather than in the spring with...

Demand for private student lets remains as PBS stock evaporates

Manor Interiors , the expert in build-to-rent furnishing solutions, has revealed which major university cities are currently seeing the largest demand for student rental accommodation.

The start of a new academic year has brought more stories of students struggling to secure university accommodation or arriving to find the digs they had secured were far from adequate.

Manor...

Pet friendly renting the most common feature of today’s build to rent developments

Research from Manor Interiors , the expert in build-to-rent furnishing solutions, has revealed what the most common features are in UK build to rent developments as tenants increasingly move away from the traditional private rental sector.

Build to rent is fast becoming the de facto choice for young, professional renters who want the flexibility of renting combined with the freedom...

First-time property buyers worse off due to stamp duty holiday property

First-time property buyers £25k worse off thanks to stamp duty holiday

Research by the estate agent comparison site, GetAgent.co.uk , reveals that the stamp duty holiday has increased the price of first-time buyer homes by an average of 11.7% in England in the last year, and by as much as 31.5% in some areas of the country.

The stamp duty holiday was introduced as a financial incentive to keep the housing market buoyant during the pandemic and thus...

KINGSWOOD ACQUIRES LAND FOR 435 HOMES IN BLACKBURN

KINGSWOOD Homes will invest more than £4million in the Blackburn community after acquiring the final 64-acre piece in the puzzle of the Gib Lane Masterplan.

The land, located west of Moorland Drive, covers phases four to 11 of Kingswood’s Green Hills development in Feniscowles and is the continuation of the scheme HemingwayDesign originally designed.

A hybrid planning...

EDENSTONE GROUP EXPANDS WITH NEW SOUTH WEST OFFICE

NEW jobs and new homes are being created in the South West of England as the Edenstone Group expands its operation with the opening of its first office outside of Wales.

Headquartered in Magor, the ambitious business, established in 2003, is targeting turnover of more than £100 million by 2023 and aims to increase the number of homes it builds by 66% in the current financial year....

Covid rental arrear woes start to ease for UK landlords

Research by the nationwide buy-to-let specialist, Sequre Property Investment , has revealed that the tide of pandemic rental arrear woes that have impacted one in five landlords could be starting to turn, as the majority are now seeing a reduction in the level of late rental income owed to them.

The survey of nearly 4,000 UK landlords commissioned by Sequre Property Investment found...

Property industry reacts to Robert Jenrick exit

Managing Director of Barrows and Forrester , James Forrester, commented:

“The government housing carousel continues to turn as yet another one bites the dust and it remains to be seen if there will be further casualties further down the ranks.

Michael Gove is known as a Whitehall big hitter with a reputation for rocking the boat so we may well see some changes. However, the...

Property industry reaction to latest Rightmove House Price Index

Managing Director of Barrows and Forrester , James Forrester, commented:

“It’s to be expected that the astronomic rates of house price growth seen since the introduction of the stamp duty holiday will now start to subside as we approach the final deadline. But don’t be fooled into thinking the market will now deflate like a cheap birthday balloon.

Buyer demand is extremely...

How to find your first home: A guide

Finding your first home can be daunting. Getting up on that property ladder means you have limited funds to work with and a whole lot of unknowns to contend with. It isn’t just affording any property; it’s about finding the right property. You can do so much with a fixer-upper, or you may benefit from a new build. Understand what is available and what your options are, and do it all with this...

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