How It Works – HMO Property

A house in multiple occupation (HMO) is, in simple terms, a property rented out to at least 3 people who are not from one ‘household’ (a single household with members of the same family), but share facilities like the bathroom and kitchen. It’s sometimes called a `house share’. Gov.UK   A HMO is considered small [...]
December 2009 News

December 2009 News

Market News Visit England indicates that UK holidays have become more popular this year, which is good news for the holiday-let market. However, the tax treatment of this sector is set to change next April. Since 1984, property owners have enjoyed the same tax advantages as those running other tourism businesses, enabling entrepreneur, holdover and [...]