One of the most crucial things landlords need to ensure they do is register for self assessment and pay the right tax. If they fail to do so they could find themselves with huge penalties. HMRC has the power to demand backdated taxes be paid for up to twenty years. On top of this a fine of up to 100% of the tax owed can be issued. Continue reading
Morden is a Housing Zone
In the Housing Strategy the Mayor of London set out plans to create 30 zones for development across different London Boroughs. The aim is to provide £600 million in funding and planning measures to help build more homes in these areas. If all goes to plan the move will lead to the construction of 75,000 new homes, improvements in infrastructure, and also create 150,000 jobs. Continue reading
Support for expanding the Bakerloo Line to Lewisham
We have written a number of articles in the past explaining how properties close to transport links can offer premium prices. These locations are very popular, with both buyers and renters willing to pay extra for easy access to transportation. Continue reading
Pop up projects can enrich communities
Exciting projects that support independent local businesses can really stimulate an area. This has already been seen in Lambeth with the Pop Brixton project. The disused land was transformed into a community initiative, creating space for businesses and hosting events that will make a difference in the local area. Continue reading
A university investing for the future
Kingston Upon Thames is a popular area for students due to the presence of the university. Four campuses are spread across the Borough, offering a wide range of different undergraduate courses, postgraduate work, and further education. Continue reading
Have prime areas been hit hard by Brexit?
Earlier this week Land Registry published figures to show how house prices in the UK have been affected since the referendum to leave the UK produced its result. It was expected that the political environment would hit the market hard, especially in prime areas. Surprisingly the data shows otherwise. Continue reading
Understanding the cost difference between freehold and leasehold
At Finefair, one of the leading providers of guaranteed rent Islington has to offer, we always work hard to provide the most professional service. With this in mind we ensure we give our clients the best advice and the information they need to make decisions. Continue reading
A new secondary school that will benefit the Hounslow community
Earlier in August it was revealed that plans for a new secondary school for Hounslow have been accepted by the local council. The Bolder Academy now has planning permission and will offer 900 new places at full capacity for students when it is finished. Continue reading
Hillingdon is the big winner at the Green Flag awards
Hillingdon is renowned for having some of the best parks in the whole of London. With over 200 across the whole area, residents have plenty of outdoor space to make use of. These green spaces are big selling points, attracting buyers and investors of all shapes and sizes. Properties in close proximity to these spaces are highly regarded, especially if they don’t have their own gardens. Continue reading
Could Havering be the London Borough of Culture?
At the end of June London Mayor Sadiq Khan revealed a new plan to celebrate the diverse culture in the capital. The new competition will award one of the 32 Boroughs the title of London Borough of Culture. It will then receive an additional £1 million plus of funding to help stage world class cultural events and programmes in the area. Continue reading
