How and Why Sonder Europe Ltd Might Justify Taking Their Serviced Accommodation VAT Case to the Supreme Court

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The recent Upper Tribunal ruling in HMRC v Sonder Europe Ltd has sent shockwaves through the serviced accommodation sector. By disqualifying Sonder from using the Tour Operators’ Margin Scheme (TOMS), the decision imposes a heavy VAT burden on their operations and those of similar businesses.

View Full Article: How and Why Sonder Europe Ltd Might Justify Taking Their Serviced Accommodation VAT Case to the Supreme Court

Scottish house prices surge by 6.3%

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Average house prices in Scotland rose by £11,613 over the past 12 months, reaching £195,036 in November 2024, data reveals.

This represents a 6.3% annual increase, outpacing the 3.8% rise seen in England and Wales during the same period.

View Full Article: Scottish house prices surge by 6.3%

Labour council faces legal challenge after handing out hundreds of eviction notices

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Lambeth Council is facing a legal action after issuing eviction notices to hundreds of tenants living in properties rented on the private market.

A resident of the Central Hill estate in south London has filed a claim for Judicial Review against the council.

View Full Article: Labour council faces legal challenge after handing out hundreds of eviction notices

Lettings body warns against Renters’ Rights Bill clauses

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Letting body safeagent is urging the government to withdraw two new clauses from the Renters’ Rights Bill, warning they could restrict access to the private rented sector for vulnerable tenants.

In a letter to Housing Minister Matthew Pennycook

View Full Article: Lettings body warns against Renters’ Rights Bill clauses

Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

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Landlords across the country are facing a dilemma: with rising costs, new legislation, and market uncertainty creating a perfect storm, many landlords are left wondering — should I hold onto my properties or sell before it’s too late?

The property market isn’t just changing — it’s transforming

View Full Article: Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

Practical Guidance for Property Owners with “Guaranteed Rent” Agreements

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If you’ve let your property to a serviced accommodation provider who promised “guaranteed rent,” the recent VAT ruling in HMRC v Sonder Europe Ltd could significantly impact your arrangement. Here’s how you can protect yourself and navigate this changing landscape:

1.
View Full Article: Practical Guidance for Property Owners with “Guaranteed Rent” Agreements

London reclaims BTL crown as Northern hotspots surge

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London has emerged as the dominant force in the UK’s buy to let market in 2024, experiencing a 13% increase in new landlords, data reveals.

The findings from Simply Business show this follows a period of slower growth in 2023

View Full Article: London reclaims BTL crown as Northern hotspots surge

Scottish Housing Bill will destabilise the market and drive landlords out says Meghan Gallacher MSP

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The Scottish Housing Bill is an attack on the private rented sector, says Meghan Gallacher MSP.

In an exclusive video interview with Property118, Meghan, who is also the Scottish Conservative shadow cabinet secretary for housing, blames the SNP’s Scottish Housing Bill for making Scotland’s housing emergency worse by doubling down on harmful rent controls.

View Full Article: Scottish Housing Bill will destabilise the market and drive landlords out says Meghan Gallacher MSP

Landlords could see tenants moving in without paying rent

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Real estate firm Knight Frank has issued a stark warning that tenants could move into properties without paying any rent once the Renters’ Rights Bill becomes law.

The government’s bill will prohibit any rent payment before a tenancy agreement is signed

View Full Article: Landlords could see tenants moving in without paying rent

Should You Hold or Sell? Making the Right Choice for Your Property Portfolio

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The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.  

The Renters’ Rights Bill, an unpredictable economy

View Full Article: Should You Hold or Sell? Making the Right Choice for Your Property Portfolio