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UK deputy PM under fire over seaside apartment purchase
Reading Time: 2 minutesUK: Deputy prime minister Angela Rayner has purchased a £700,000 seaside apartment in Hove, which will her third home during her tenure in the role.
Over 50% of UK second homeowners consider STR letting amid tax changes, Sykes research finds
Reading Time: 2 minutesUK: Most second homeowners in England who currently keep their properties for personal use are now considering opening them up to holidaymakers or tenants, according to new research from holiday cottage rental agency Sykes Holiday Cottages. The company’s latest survey of second homeowners who do not currently let their properties found that 71 per cent […]
UK Budget to raise taxes by £40bn: Hospitality industry reacts
Reading Time: 8 minutesUK: New UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances.
Gwynedd introduces second home + holiday let rules in Wales
Reading Time: 2 minutesWales: Gwynedd, a county located in the north-west of Wales, has become the first area in the country to bring in new rules that will require homeowners to obtain planning permission if they want to turn their main property into a second home or holiday let.
Landfolk raises €10.3m in Series A funding round
Reading Time: 2 minutesDenmark: Danish premium holiday home rental platform Landfolk has raised €10.3 million in a Series A funding round.
Second homeowners in Scotland face double council tax from April
Reading Time: 3 minutesScotland: The Scottish National Party is believed to be preparing to force families with rural second homes to pay double the amount of council tax they pay from April 2024, in what is being called a “radical shake-up of rural housing rules”.
Second home tax loopholes under review by Labour Party
Reading Time: 3 minutesUK: The Labour Party is seeking to close tax loopholes that enable second homeowners to avoid paying council tax, according to The Telegraph.
Second homes could be charged double council tax in Scotland
Reading Time: 2 minutesUK: The Scottish Government and COSLA [The Convention of Scottish Local Authorities] could introduce plans to charge double the full rate of council tax for second homes in the country.
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.
Second home and holiday let control plans outlined in Wales
Reading Time: 2 minutesWales: The Welsh Government is planning to introduce controls to limit the numbers of second homes and holiday lets, as well as a licensing scheme for anyone listing units on booking platforms such as Airbnb.