Almost quarter of a million (233,697) homeowners have
advertised for lodgers since the announcement of the increase to the Rent a
Room Scheme tax threshold to £7,500 per year. This is an increase of more than
5.2% on the same period a year earlier. The data also reveals August was the
busiest since records began in 2007, with 31,109 people placing ads for
lodgers. London is the only major city where annual lodger rents are still
higher than the new threshold, which kicks in on 6th April 2016. Read more on
24dash.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
7 hours ago
