Kreston Reeves accountancy firm has this guidance for landlords letting furnished holiday accommodation. - Draft legislation and associated guidance has now been published...
Archive
31 August 2024
From: Tax & Finance
The choice of holiday let deals is on the rise. According to analysis by Moneyfactscompare the mortgage choices for borrowers looking at...
20 August 2024
From: Breaking News
Stephen Barratt, a partner in the Private Client Services team at James Cowper Kreston offers this help to landlords coping with changes to...
10 August 2024
From: Rental Reform
The abolition of the furnished holiday lettings tax regime - confirmed earlier this week - will punish local economies, according to...
02 August 2024
From: Breaking News
Several lenders have revised their products as competition for buy to let landlords hots up. Melton Building Society has launched four new...
11 June 2024
From: Breaking News
The days of simply listing your property on Airbnb and waiting for the bookings to roll-in are sadly over. With the...
08 June 2024
From: The Big Issues
HM Revenue and Customs has opened almost 2,000 investigations into landlords letting out via Airbnb or other short let platforms. The Daily...
21 May 2024
From: Breaking News
The government is ruling out any U-turn on the tax changes regarding furnished holiday lettings - despite substantial complaints from Tory...
03 May 2024
From: Breaking News
The tax reliefs enjoyed by landlords running Furnished Holiday Lets (FHL) were cut by the Chancellor this month. Some say the...
23 March 2024
From: Tax & Finance
The Chancellor has rendered hundreds of lettings businesses unviable overnight as a result of his Budget tax clampdown. That’s the view of...
18 March 2024
From: Breaking News
The chief executive of a short lets service says Chancellor Jeremy Hunt is wrong to think penalising landlords will help solve...
11 March 2024
From: Breaking News
A legal firm says Chancellor Jeremy Hunt has effectively slashed the value of holiday homes which are sold from April 2025...
08 March 2024
From: Breaking News
One of the biggest parts of buying a holiday home is securing a holiday let mortgage which can differ substantially to...
24 February 2024
From: Agent Advice
Reversing the tax penalties imposed on buy to let landlords in recent years would reduce the impact of short lets on...
23 February 2024
From: Breaking News
If you're thinking of investing in a holiday home this year, there can be a lot to consider. From gathering insight to...
27 January 2024
From: Agent Advice
The short-term holiday letting industry has significantly expanded in recent years, but this could all change with the introduction of a...
02 December 2023
From: Legislation & Compliance
“Huge numbers” of small family-run holiday lettings businesses in Wales are selling up because of new restrictions and large tax hikes. New...
23 October 2023
From: Breaking News
For those looking to take the leap into holiday letting, finding the right property is not only the first step, but...
21 October 2023
From: Agent Advice
HM Revenue and Custoims is running a series of webinars aimed primarily at those new to earning income from property of...
20 October 2023
From: Breaking News
A leading agent in an area set to be hit by draconian planning restrictions on holiday lets is warning that the...
14 August 2023
From: Breaking News
When a popular Dorset pub was devastated several years ago, thanks to a huge chimney fire, the owners were left with...
29 July 2023
From: Legislation & Compliance
A prominent westcountry agency is hosting a free event for landlords and investors later this month. Webbers is holding the afternoon session...
26 July 2023
From: Breaking News
Recent years have seen a surge in the holiday lettings sector with the popularity of digital platforms like Air BnB. It...
08 July 2023
From: Legislation & Compliance
16 June 2023
From: Breaking News
A quarter of Britons are considering becoming holiday let landlords to earn extra income from the continued popularity of UK staycations,...
24 May 2023
From: Breaking News
Rising numbers of landlords are likely to switch to specialising in holiday rentals and short-term lets in the months ahead, an...
03 May 2023
From: Breaking News
The top UK holiday hotspot for 2023 is Yorkshire, according to Sykes Holiday Cottages’ latest Staycation Index report. Known for its picturesque...
29 April 2023
From: Top tips & guides
The managing director of a major holiday lets firm is urging landlords to make their properties dog friendly if they want...
12 April 2023
From: Breaking News
A quarter of holiday let owners are very worried about the potential of new regulations or fees being enforced following the...
22 March 2023
From: Breaking News
Accountants and tax advisers are reporting that HMRC has sent out a spate of what are called ‘one-to-many’ letters to taxpayers. The...
21 February 2023
From: Breaking News
Private rental property should be “acquired” and used for social housing according to a think tank. And it says tax penalties, laws...
16 February 2023
From: Breaking News
York council has set out strict guidelines for Airbnb style short lets and for holiday rentals. A statement from the Labour-controlled authority...
03 February 2023
From: Breaking News
The government is considering making home owners apply for planning consent if they wish to use a property for holiday lets. The...
02 December 2022
From: Breaking News
A holiday lettings agency has taken the unusual step of speaking out in favour of higher council tax for second home...
30 November 2022
From: Breaking News
An influential new report wants higher taxes for landlords letting holiday properties. The Office for Tax Simplification - a division of HM...
07 November 2022
From: Breaking News
A confused and complicated approach to holiday homes in England, Scotland and Wales threatens the future of the holiday letting sector...
05 November 2022
From: Tax & Finance
Large numbers of Britons are considering becoming holiday let landlords to earn extra income from the continued popularity of UK staycations,...
20 October 2022
From: Breaking News
AirBnb owners are leaving the market for long term lettings following changes to the regulations in Scotland according to a leading...
14 October 2022
From: Breaking News
Managing property finances can be hard work, long-winded and stressful. With regulation changes and market volatility, keeping on top of your...
10 September 2022
From: Tax & Finance
Bringing your pup on holiday is becoming more popular than ever. And with studies finding that ‘dog-friendly’ was one of the...
20 August 2022
From: Agent Advice
Any restrictions on Airbnb and other short lets platforms will hit millions in the UK, according to the people behind new...
18 July 2022
From: Breaking News
The public at large are not falling behind the government’s proposals for private rental sector reforms, it seems. A survey conducted by...
27 June 2022
From: Breaking News
Even before the pandemic, we were seeing dramatic changes across the buy-to-let landscape with holiday lets steadily increasing in appeal –...
02 April 2022
From: Top tips & guides
Airbnb entered the realm of holiday lettings in 2009, but it wasn’t until 2016 that it really started to gain traction...
19 February 2022
From: Top tips & guides
A tourism chief has stood up in favour of closing what the government calls a tax loophole for landlords letting out...
17 January 2022
From: Breaking News
Independent finance service Moneyfacts says increasing numbers of people are keen to explore alternative investment options - with holiday lets a...
04 October 2021
From: Breaking News
A petition calling on Chancellor Rishi Sunak to increase tax on holiday lettings has neared its 45,000-signature target over the weekend. Former...
09 August 2021
From: Breaking News
A holiday lettings agency is offering £10,000 to the owner of what it declares to be Britain’s Best Holiday Let. Sykes Holiday...
06 July 2021
From: Breaking News
Some tenants will spend years living in temporary Airbnb-style short let accommodation after the Coronavirus crisis ends, a lettings platform claims. The...
19 January 2021
From: Breaking News
Britain’s holiday rental market is preparing for a busy year ahead, as many travellers are expected to opt for staycations over...
12 January 2021
From: Property Investment & Strategy
With the staycation boom caused by Covid-19, which is likely to continue for the foreseeable future as travel restrictions remain for...
29 October 2020
From: Property Investment & Strategy
Yorkshire Building Society (YBS) Commercial Mortgages has introduced a new limited company buy-to-let product targeted specifically at holiday letting properties in...
20 July 2020
From: Breaking News
Buy-to-let landlords are being urged to think twice about moving to holiday letting following proposed regulatory and financial changes to the...
13 January 2020
From: Breaking News
The holiday rental market in this country looks set for another busy summer as the weak pound persuades millions to opt for...
21 June 2019
From: Breaking News
Scotland’s rental market continued to go from strength to strength, with the average rental property north of the border generating a...
24 May 2019
From: Breaking News
If you have inherited a holiday home or B&B you could save thousands of pounds in inheritance tax, according to Kirwans...
29 November 2018
From: Breaking News
London now has significantly more Airbnb listings than ever before, with a growing number of buy-to-let landlords turning to the holiday letting...
01 May 2018
From: Breaking News
A London-based sales and letting agent has launched an Airbnb interior styling service that it hopes will enable more buy-to-let landlords...
08 August 2017
From: Breaking News
A number of buy-to-let landlords are still unaware, or only vaguely aware, of the changes to mortgage interest relief, despite the...