:
Dubai sees sharp rise in number of holiday homes
Reading Time: < 1 minuteUAE: The number of registered holiday homes in Dubai increased by 45 per cent year-on-year, according to property consultancy Asteco.
Holiday let owners in England face planning permission controls
Reading Time: 4 minutesUK: Holiday home owners in England are facing up to a potential requirement to obtain planning permission to rent out their properties under new UK Government proposals.
bnbme holiday homes enters into partnership with Marriott Bonvoy
Reading Time: 2 minutesUAE: Dubai-based short-term rental property management company bnbme holiday homes has entered into a memorandum of understanding [MoU] with Marriott Bonvoy.
Holiday home registration system to be simplified in Ras Al Khaimah
Reading Time: 2 minutesUAE: Ras Al Khaimah Tourism Development Authority [RAKTDA] is set to introduce measures that will simplify the holiday homes system in the emirate.
Irish government targets 20k holiday homes for Ukrainian refugees
Reading Time: 2 minutesIreland: The Irish Government wants to find up to 20,000 holiday homes that can be allocated to housing refugees fleeing the war in Ukraine, following suggestions that the current system in place is not sufficient to resolve the issue.
Samana Group launches rental business in time for FIFA World Cup
Reading Time: 2 minutesUAE: Samana Group has launched a new business entity called ‘Samana Holidays’ that will allow homeowners and end users to rent out apartments on a short-term basis in Dubai.
Kohonen to become Lomarengas CEO in October
Reading Time: 2 minutesFinland: Helsinki-based holiday home rental agency Lomarengas has announced the appointment of Eva Kohonen as its new CEO, effective from 1 October.
UK tax authorities set to investigate executives on foreign ‘workcations’
Reading Time: 2 minutesUK: Executives working from holiday homes abroad on post-pandemic ‘workcations’ are set to come under investigation by tax authorities in the UK ahead of a possible tightening of tax laws affecting remote workers.
SFO probes suspect £150m leasehold investment schemes
Reading Time: 2 minutesUK: The Serious Fraud Office [ SFO ] has revealed that it is investigating two investment leasehold schemes in relation to suspected fraud and money laundering for holiday homes and student accommodation in the UK. It is alleged that the Alpha and Green Park group of companies misled investors into investing £150 million into leasehold […]
England sees 20 per cent jump in second homes “flipped” to holiday lets
Reading Time: < 1 minuteUK: Analysis of government figures by real estate advisers Altus Group has revealed the number of holiday homes trading as businesses has grown by more than a fifth since the start of the pandemic. More than 11,000 second homeowners in England have “flipped” their properties to become holiday lets. The data shows 67,578 homes classified […]