Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
Property News
Recovery in construction led by rise in commercial property work
A sharp rise in productivity in UK construction sector is good news for SMEs in the supply chain, and the economy overall, as output surged over a four-month period.
Small developers invited to apply for up to £10 million in equity funding
Small and medium-sized developers have been invited to apply for up to £10 million in equity funding to build new homes.
UK house prices hit significant record
According to the UK’s largest mortgage lender, Halifax, house prices in the UK hit a significant record during August but the yearly growth pace in property values slowed.
Businesses urged to “get to grips” with new Patent Box regime as grandfathering rules come to an end
Businesses should “get to grips” with new Patent Box rules or risk missing out on corporate tax relief, a major regulator has warned.
The ATED return for 2021-22 is due by 30 April 2021
The Annual Tax on Enveloped Dwellings (ATED) return for 2021 to 31 March 2022, and any tax due for the year, is due by 30 April 2021.
Rents continue to rise for the six-month running
According to lettings agency Hamptons, residential rents across Britain rose by 4.3 per cent in January – the six months in a row to see growth. The new rate was…
More than 700,000 landlords could struggle with rent arrears by the end of 2021
According to research by the LSE (London School of Economics) and Trust for London, the number of private tenants in rent arrears in England could treble in the coming year.…
Proposals announced to reform leasehold system
At the start of 2021, the Government announced that it would take action to reform the English residential leasehold system, including the abolition of ground rents and a significant increase…
Commercial property: Retail rental arrears could rise to £2 billion after third-quarter payment deadline
According to research, retail rent arrears could total over £2 billion following the third-quarter payment deadline this week.
