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HMRC Making Tax Digital initiative for landlords The government has given landlords another year to prepare for the ‘Making Tax Digital for Income Tax Self-Assessment to Businesses and Landlords’ initiative. The initiative applies to investors who submit self-assessment forms with a business or personal income over £10,000 a year. It was due to begin in

The sustainability of a property is becoming an increasing priority for buyers, sellers and tenants. A poor energy rating can have a significant impact on a house’s appeal and resale value, which is why more investors are looking at ways to make their properties greener. What makes a property sustainable? By raising the sustainably of

The fastest-growing housing development locations in the UK The last two years may have felt like an economic nightmare at times. But as we enter 2022 and look back at property activity during that period, it’s far from doom and gloom. 2021 witnessed the highest number of new build properties commissioned across the UK than

According to the latest Zoopla House Price Index, this year, the property market has been at its busiest for over a decade. An unusual set of economic circumstances has prompted the flurry of activity in 2021. Pandemic restrictions led to a dramatic upturn once lockdown rules were eased. But there have been other factors at

The lifting of lockdown restrictions and the gradual reopening of offices and amenities has led to high rental demand as employees are no longer working from home. This has been coupled with an already large number of tenants looking for accommodation and a lack of homes to rent. Due to this high demand and low

Over the last eighteen months, in response to the pandemic, in-room property auctions switched to being held online. As we reported in our post, Online property auctions continue to thrive in lockdown climate, livestream auctions achieved new highs. Now we’re witnessing the return of the in-room auction; however, not in the numbers seen in previous

The government has backed a 95% mortgage initiative to help buyers secure a mortgage with a 5% deposit. The scheme is available to all home buyers, not just first-time buyers, and applies to properties up to the value of £600,000. Chancellor of the Exchequer, Rishi Sunak, commented: “By giving lenders the option of a government

Once negotiations are over, and your offer has been accepted, it can be tempting to sit back and let the legal process take its course. However, if you fail to keep your property deal on track, you run the risk of things going wrong at the last minute. SET A TIMEFRAME If you’ve got a

This week’s budget introduced a few new initiatives as well as extending the deadline on others – with the primary aim of boosting the economy as we ease our way out of lockdown. STAMP DUTY HOLIDAY EXTENDED The current stamp duty holiday, which was due to finish at the end of March, has been extended