Airbnb's has committed to sharing hosting data with HMRC (Her Majesty's Revenue and Customs) to ensure hosts pay their fair share of taxes: Continued Data Sharing: Airbnb has stated that it will continue to share hosting data with HMRC. This decision is attributed to...
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Latest Zoopla House Price Index
The latest data from Zoopla outlines positive trends in the UK housing market. Here's a summary: Increased Buyer Demand: Buyer demand in the UK has risen by 12%, contributing to a resurgence in the housing market. This demand is spread across all regions and...
‘Save the tenancy – don’t serve notice.’ – message from council
In a message to landlords and tenants to Torbay council encourage collaborate to prevent homelessness. Here's a summary: Message to Landlords: The council is sending a message to landlords with the slogan 'Save the tenancy – don't serve notice.' The emphasis is on...
Property sales down; property buyers down
A recent report by Propertymark on the state of the housing market in Britain shows:: Decline in Property Sales: The number of property sales continued to decrease at the end of the previous year. Reduced New Property Listings: There was a significant 28% reduction...
Seven tax attacks to beware of when you move from the basic rate to higher rate tax band
Landlord Today has published an article by Sarah Coles, head of personal finance at Hargreaves Lansdown, on expert tax info for landlords. The article can be read in full here, and provides information on seven tax traps that individuals may face when transitioning...
Gravesham Council Warns Landlords
Gravesham council is urging landlords of Houses in Multiple Occupation (HMOs) to meet their legal responsibilities ahead of planned checks later in the year. This is ahead of an HMO Amnesty campaign running from 22 January 2024 to 22 March 2024 The council's private...
Paragon reports
In their latest trading update, Paragon Banking Group reported: "We have seen an encouraging start to the financial year with improved customer sentiment leading to rising enquiry levels. We expect this to translate to improving volumes as the year progresses. New...
Report of new builds in England – July to September 2023
The Government has just published its quarterly report ‘Housing supply: indicators of new supply, England' for July to September 2023. The full report can be seen here, and it provides a comprehensive update on new building regulatory standards and housing supply...
Foxtons expects growth in 2024
Foxtons has recently reported its latest results. They have pivoted towards lettings in recent years, with acquisitions, so at 70% of revenues that makes them a lot less cyclical than before. In their recent report they stated: "Lettings is expected to remain...
Mortgage Advice Bureau trading update
Mortgage Advice Bureau (MAB) has issued a trading update for the year ended December 31, 2023, ahead of its final results publication on March 19, 2024. The Group now expects to report an adjusted profit before tax that is slightly ahead of the current market...
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Propertymark’s Response to Labour’s Housing Plans
Propertymark, the trade body for property professionals, has expressed a cautious and somewhat skeptical response to...
RICS comments on Labours housing plans
The Royal Institution of Chartered Surveyors (RICS) has responded positively to the Labour government's ambitious...
Winkworth Comment on Sales and Rentals
Following expectations that interest rates had hit their peak in January, the sales market picked up significantly in...