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Real Estate
For the past couple of hours it has been confusing me, too, but I think I’ve got to the bottom of it. What is crystal clear is that you will not have to pay the higher rate of stamp duty land tax (SDLT) on your new home – even though it is treated as a second property – because your share of the flat is worth less than £40,000. This would also be the case if the property you were buying was a...
Owners planning to rent out their home short term may not realise it’s breaking the terms of their lease...
Demand for flats is reviving in UK cities, as property buyers return to more settled working patterns, new research shows. Interest in flats overtook searches for terraced houses since the start of this year, property portal Rightmove said. But the hunt for extra space, which dominated during the pandemic, remains a key factor for buyers and renters. "Annexe" is buyers' most popular search term,...