New Changes To Short Term Lets

On 19 February the Department for Levelling Up, Housing and Communities announced a change in the rules governing Airbnb-type lettings by requiring planning permission for properties let for more than 90 days per year, introducing a mandatory national register of short term lets and giving councils greater powers to control short-term lets. […]

Buy-To-Let verses Holiday Lets: The Main Differences

The UK is an internationally-renowned holiday destination, which also benefits from a significant domestic-tourism market. As a result, there is a huge demand for short-term holiday rentals and where there is huge demand there is the potential for significant profits, but does it make for a better investment than a […]

Could Brexit be good news for holiday lets?

Brexit uncertainty could lead to more Britons holidaying in the UK, bolstering demand for holiday let rental homes. That is one possible scenario that specialist buy to let mortgage broker Commercial Trust Limited has suggested could happen during 2019, in an already growing rental market space. The logic comes from […]

Holiday Lettings – At Your Service?

Mark McLaughlin looks at furnished holiday lettings in the context of inheritance tax business property relief. Business property relief (BPR) is a valuable inheritance tax (IHT) relief, which is available to business owners if certain conditions are satisfied. The relief applies to ‘relevant business property’, including a business or interest […]

How To Make Money On Airbnb

With the huge growth in short term city centre holiday/vacation rentals over the recent year or two buoyed by the demand for short staying visitors searching the internet for an alternative bed to a hotel, Portico London estate agents reveal their top 10 tips for making money on Airbnb… 1. […]

Undervalued Property and Where you Can Grab a Bargain

Purchasing a property abroad was already an exciting prospect but with the increased stamp duty rate being introduced in April it could become and even more inviting proposition. Purchasing a second home in the UK will mean that the buyer will have to pay stamp duty plus an additional 3% […]