The number of overseas landlords coming forward to admit tax avoidance has risen 65% in the last five years, said the accountancy firm Moore. Some 390 overseas buy-to-let landlords admitted to HMRC they have not been paying the right amount of tax last year, up from 237 in 2015/16. A total of 1,502 overseas landlords […]
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Julian Joseph (pictured), real estate partner and retail specialist at law firm, Shakespeare Martineau The UK’s retail sector has faced a host of challenges in 2020 and, moving forward, it is essential that retailers innovate in order to thrive in the ‘new normal’. As the sector struggles with reduced profits, landlords are being forced to […]
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The housing market in England and Wales is displaying signs of stabilising, according to analysis of web traffic from property advice website Property Price Advice. Valuation requests on the website have broadly returned to their four-year average, representing a significant fall from the immediate post-lockdown spike. Requests in June were almost 70% above the four-year […]
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The West End is the fastest recovering area in London for commercial office space. It’s the only area to surpass its January 2020 demand levels, as office platform Kitt revealed that enquiries have bounced back by 132% since then. Steve Coulson, chief executive and co-founder of Kitt, said “Despite the uncertainty of the market, we […]
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Two thirds (66%) of London tenants say affordability is the most important factor when they’re looking to rent. Unsurprisingly three in five (58%) believe outdoor space is now more important. The research comes from Kinleigh Folkard & Hayward’s Annual Tenant Barometer. Carol Pawsey, group lettings director at KFH, said: “The pandemic has not only changed […]
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Eight in 10 (84%) homeowners are planning to make their property more ‘green’ in the coming year, with reducing energy bills a key motivation, new research from plumbing and heating trade supplier City Plumbing has revealed. Last week the government extended the Green Homes Grant scheme until March 2022, giving homeowners longer to make the […]
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Property group Belvoir has called for the government to introduce a loan scheme for tenants to stand alongside protections for homeowners. In Wales tenants can apply for the Welsh Government Tenancy Saver Loan Scheme, which enables tenants to apply for loans with a 1% APR, which are paid directly to landlords and agents, which can […]
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The number of people purchasing sound insulation has hit an all-time high, driven by people installing products to dampen the sound of noisy neighbours. The West Midlands manufacturer, efoam.co.uk has seen a 240% increase in sound insulating foam sales this year. The top 20 cities for purchasing soundproofing are London, followed by Birmingham, Manchester, Glasgow […]
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Forcing landlords to carry out checks on the immigration status of potential tenants is encouraging and even facilitating racial discrimination, according to City law firm, Bates Wells. The Home Office is launching an online service on 25 November to streamline the process. However Bates Well believes this will increase publicity around the checks, resulting in […]
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Simon Conn (pictured) is a financial adviser specialising in overseas property An increasing number of lenders and insurers are using online activity, including social media posts and profiles, to help them make judgements about the suitability of applicants. Is it time to take more care managing your social media profiles? Increasingly, lenders are now cross-referencing […]
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