The government is planning to change the rules on its Rent A Room scheme, which allows people to earn up to £7,500 a year tax-free from letting out a spare room, following the outcome of a call for evidence on whether the current system is working.
The property portal reports that £1 million-plus homeowners in Cambridge are, on average, selling their homes in just 45 days while property owners in Edinburgh and Harpenden in Hertfordshire, are also witnessing quick sales, typically taking just 53 days to sell. Bristol is also popular with buyers, who are snapping up homes in just 54 days.
Other towns in the top 10 fastest selling list are: Brixton in south London, Hackney in east London, Golders Green in north London, St Albans, Winchester, and Woking.
Four business leaders have been appointed by the government to expand and develop the dormant assets scheme, Tracey Crouch, Minister for Sport and Civil Society and John Glen Economic Secretary to the Treasury announced yesterday.
Bank or building society accounts that have been left completely untouched for more than 15 years can be used for good causes under the current dormant account scheme.
Under the new law, letting and managing agents will need to obtain a nationally recognised qualification to practise.
The UK housing market remains subdued, with the number of both buyers and sellers down between January and February 2018.
The number of employees who expect to work in their 70s has almost doubled in seven years, according to new research.
New investment in buy-to-let property has fallen by 80 per cent from £25 billion in 2015 to £5 billion in 2017.
Property experts’ 2018 predictions are broadly in agreement – except when it comes to London house prices.
The gap between house prices and average earnings has reached a record high in London, according to a new study.
An online property platform is offering people the chance to invest in residential property through a sipp.