Jan
20

VAT Bombshell for Serviced Accommodation: Upper Tribunal Ruling Shakes the Industry

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“This ruling could spell financial disaster for operators and property owners alike.” That’s the message echoing across the serviced accommodation industry following a dramatic reversal by the Upper Tribunal (Tax and Chancery Chamber) in the HMRC v Sonder Europe Ltd case.

View Full Article: VAT Bombshell for Serviced Accommodation: Upper Tribunal Ruling Shakes the Industry

Jan
20

Just when landlords thought it couldn’t get any worse

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Just when landlords thought matters couldn’t get any worse, a new clause 11 is proposed for the Renters Rights Bill.

The new clause 11 concerns restrictions on the requirement for tenants to provide a guarantor with details below:

“(1) A relevant person [i.e.

View Full Article: Just when landlords thought it couldn’t get any worse

Jan
20

Can I break my PSL lease due to a tenant’s ASB?

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Hi, I have recently joined the private sector leasing scheme (PSL) with my local council to help house local families.

When I met with the housing officer, I stipulated that I would only be interested in signing up

View Full Article: Can I break my PSL lease due to a tenant’s ASB?

Jan
20

Market sees record home seller numbers and rising prices – Rightmove

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The average price of property coming to market in the UK has risen by 1.7% this month to £366,189, the largest jump at the start of the year since 2020, Rightmove has revealed.

This increase follows a record number of early-bird sellers entering the market since Boxing Day

View Full Article: Market sees record home seller numbers and rising prices – Rightmove

Jan
20

Rental demand dips in the final quarter of 2024

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Tenant demand for rental properties in England experienced a seasonal decline in the fourth quarter of 2024, research reveals.

According to Zero Deposit, there was a 7.3% quarterly drop in demand, which follows an annual decline of 2.6%.

View Full Article: Rental demand dips in the final quarter of 2024

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