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

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

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?

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

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

Landlords: Would you start in BTL in 2025 if given the choice?

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Despite a growing landlord exodus – which the housing minister Matthew Pennycook disbelieves – would you start as a landlord in 2025? There are reasons for and against. I’d like to hear your views because I try –

View Full Article: Landlords: Would you start in BTL in 2025 if given the choice?

Call for the strong enforcement of the Renters’ Rights Bill

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One organisation says that while changes to rental law are vital, they are only the ‘first step’ in rebalancing power in the private rented sector (PRS).

Nationwide Foundation warns that the passing of the Renters’ Rights Bill in its progress to becoming law is not enough to address the deep-seated issues facing 11 million private renters.

View Full Article: Call for the strong enforcement of the Renters’ Rights Bill

Is now the perfect time to sell your properties before the Renters’ Rights Bill becomes law?

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News this week of the Renters’ Rights Bill returning to Parliament and getting ever closer to becoming law by the summer of this year has sent alarm bells ringing.

Abolition of Section 21, banning advance rent payments and more powers given to councils to fine landlords

View Full Article: Is now the perfect time to sell your properties before the Renters’ Rights Bill becomes law?

Labour’s EPC targets for landlords could spark ‘frenzy’

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Labour’s energy performance certificate (EPC) targets for landlords will drive Britain’s property market into a ‘frenzy’ and worsen the housing shortage, experts have warned the Daily Telegraph.

The Government has launched a consultation to overhaul the controversial EPCs

View Full Article: Labour’s EPC targets for landlords could spark ‘frenzy’

Apology for accidental multiple Newsletter sends

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Dear Members and Readers,

Our apologies for the Newsletter accidentally being sent about 6o times.

This was a one-off glitch and an additional safeguard is being added.

Normal service will resume tomorrow and thank you for your patience.

View Full Article: Apology for accidental multiple Newsletter sends