Category: Property

Airbnb Hosts: Tax Housekeeping Reminder

The UK staycation trend appears to be here to stay… or at least into the summer of 2022. This in turn is reflected in the ongoing predominance of Airbnb market presence across the UK, which perhaps also reflects landlords changing their view on short term lets. Landlords have had to absorb increased costs in recent …

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Sales Volumes Drop as the Property Market Begins to Calm

The housing activity across Edinburgh, the Lothians, Fife and the Borders is begging to return to pre-pandemic levels, with sales volumes down 21.6% year on year during January-March 2022. The highest sales volumes were recorded for two bedroom flats in Leith, however, this was still down 39.1% when compared to the first quarter in 2021. …

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Loft or Garage Conversion: Which One Adds More Value?

If you have a rental property, it makes good financial sense to maximise the potential of the asset. One of the best ways to add value and increase your rental yield is by improving the property. Loft and garage conversions are prime contenders, but which one is your best option? Should you convert your loft? …

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Coronavirus and Beyond

On 29 March 2022 the Coronavirus (Scotland) Acts (Early Expiry of Provisions) Regulations 2022 became law and the following day, the Coronavirus (Scotland) Acts (Amendment of Expiry dates) Regulations came into force. The combination of these 2 pieces of legislation was to end some of the emergency Coronavirus provisions, but to continue others until at …

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A Guide to Purchasing Your Second Home

If you’re looking to purchase a second home, there are a few things you’ll need to consider before making the purchase. This guide will help you to get started so you won’t get lost along the way. Buy-to-let For people who want to invest their money in a tangible asset that has often been relatively …

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Tax Planning Matters for Property Landlords post Pandemic

The last 24 months have seen so many changes across every aspect of our lives. This has been no different for property landlords. With an ever-changing landscape of legislation pre-pandemic, this area of the property sector has had a lot to consider and comply with, which has continued apace. When looking at the key challenges …

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