Soaring demand for holiday lets as the UK plans for a ‘staycation summer’ is driving inquiries for tax advice from customers considering buying a second property, Handelsbanken Wealth Management (HWM) says. But HWM advises would-be buyers to focus on rules that will allow them to qualify for tax breaks associated with furnished holiday lets (FHL) as distinct from traditional residential lettings. To qualify as an FHL, a property has to be let fully furnished and has to be i

London rents increased for the first time for over a year during Q1 2021 increasing by £8 or 0.61% to £1,325, suggesting the city's rental market has started to stabilise during the coronavirus pandemic, according to The Deposit Protection Service (The DPS). By comparison, rents across the North East, traditionally the most affordable UK region to rent, increased by £37 (7.12%) to £557 the same quarter, largely owing to rents on flats going up by £40 (7.81%) to £552, said th

Can anyone provide some guidance regarding The Private Sector ACM Cladding Remediation Fund? We are a residents group with apartments in an 8-floor building. We are extremely dissatisfied with the way the current management board (one individual in particular) have been running our affairs, and we are trying to force an EGM so that residents can either choose to retain the existing board or vote one or more out. The Board are aware of this and have written to residents saying t