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...

Full story

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

The property investment frontrunners with the most consistent rental yields since 2015

The latest research by nationwide Build-to-Let specialist, Sequre Property Investment , has revealed which major cities across England and Wales have seen rental yields stand the test of recent times, despite the government’s attempts to dampen investor appetite through a number of legislative changes.

With changes to buy-to-let tax relief, an increase in the rate of stamp duty on...

THE GOING IS GOOD FOR ANWYL’S ASCOT HOME

BUYERS looking for a front runner property in Burscough, that blends style and quality, could find themselves on the home straight with Anwyl’s Ascot.

Like its Royal Ascot namesake it is a thoroughbred of a home; a four-bedroom detached property with delightful open plan spaces and a luxuriously-fitted kitchen and bathroom.

Available at Priory Gardens at Yew Tree Park, it’s...

HOMEBUYERS MAKE A SMART MOVE TO LOGGERHEADS

IN the 16th century a “loggerhead” was a fool, but it’s a wise homebuyer who makes the move to a brand new home in the Staffordshire village of Loggerheads. Close to the Shropshire and Cheshire borders it’s surrounded by open fields and woodland stretching out in all directions.

And, once famed for its clean air, sitting high above the dampness of the lowlands and the soot and smoke...

Build to Rent is now the dominant force in London’s new build sector

Research from Build to Rent specialists, Ascend Properties , shows that Build to Rent developments are beginning to dominate the new build sector throughout the UK, not least in London.

Build to Rent has, alongside the rest of the new build sector, endured difficult times during the COVID-19 pandemic with completions dropping slightly in the face of pandemic restrictions. In Q1 2021...

Demand for chain-free transactions climbs as buyers attempt to dodge the market backlog

Research from the homebuying platform, YesHomebuyers , has found that demand for chain-free properties has climbed across the UK’s major cities as many homebuyers look to minimise current market delays for a fast property purchase.

A chain-free sale is thought to reduce conveyancing times from around 12 to 4 weeks , which has become particularly sought after in the current market due...

Sailing hotspot house prices for boat owning homebuyers

With summer fast approaching it’s not just the draw of the beach that makes the UK coastline an attractive proposition, with an estimated 950,000 of us taking to the waves in either a yacht or motorboat.

As hobbies go, it’s not the most affordable with even a modest vessel requiring an annual budget running into five figure s once the cost of a berth, maintenance and running costs...

Delays and higher house prices see homebuyers fall out of love with the stamp duty holiday

Research by estate and lettings agent, Barrows and Forrester, has revealed that the shine is starting to come off the stamp duty holiday for disgruntled homebuyers who are experiencing long delays and higher house prices as a result of the initiative.

85% of those asked said that the current market bottleneck caused by stamp duty holiday demand has caused their purchase to be delayed...

Current home selling hotspots taking 13 months quicker than the slowest

New research from GetAgent , the estate agent comparison website, has revealed which areas of the property market in England and Wales are seeing homes sell the quickest, as well as the areas with the slowest time to sell taking 13 months longer.

GetAgent.co.uk keeps a comprehensive record of property sales across the nation, using data from all of the major online portals to record...

Trading Standards urges renters not to be caught out by banned tenancy fees

Devon, Plymouth, Somerset and Torbay Trading Standards Service has launched a new campaign to help prevent renters in the region being caught out by fees that have now been banned.

The law on what landlords and letting agents can charge tenants when beginning, ending or changing their contracts has changed.

It means renters can no longer be asked to pay extra for things like...

UK house prices have risen by 377% while Queen Elizabeth II has been on the throne

Research from national UK estate agent, Keller Williams UK , has found that UK house prices have, once adjusted for inflation, risen by 377% since the Queen’s coronation in 1953, while the past 12 months have brought mixed fortunes for Her Majesty’s impressive property portfolio.

When Queen Elizabeth II was crowned on 2nd June 1953, the average UK house price was £1,884 which, when...

Search form