Those who buy below market value and improve properties to remortgage and recycle their cash are struggling to make the sums add up now that there’s a hefty 3% stamp duty land tax (SDLT) surcharge to pay. Have you considered the ways of saving on SDLT? Here, Philip Peters at…
VAT can be claimed back on a variety of features of a self-build or conversion project. Here Lisa Smith, Tax Manager at Whiting & Partners, explains more.
06 Aug 2018
Hard-pressed listed property owners have launched a national petition calling on the chancellor to reduce VAT on repairs and approved alterations to their homes.
10 Jul 2018
At the Right to Build Expo Exeter, the Right to Build Task Force announced that Teignbridge District Council and its GESP partners are to trial a new custom- and self-build evidence tool for planners.
05 Jun 2018
The long-awaited reforms to the Renewable Heat Incentive (RHI) regulations have successfully passed through Parliament and came into effect on 22nd May 2018.
08 May 2018
In 2012, Government removed the 0% VAT concession on approved alterations to listed buildings, adding additional financial strain to owners for any conservation or restoration bills. The cost of conserving their properties is already often more expensive than works to a standard home because traditional methods and materials are required…
05 Apr 2018
If you’re planning to build your own home, a traditional mortgage won’t be right for you, you’ll need a specialist self-build mortgage instead. Many of us dream of building our own home, but before you get carried away with the design, build type and materials, the first thing you need…
06 Mar 2018
A recent tax tribunal case highlighted the point of completion of a new-build project in relation to self-builder VAT claims. It noted that it is not necessarily the date on the Certificate of Completion which represents a building project as being finished. Here Paul Jefferson, Associate at Whiting & Partners,…
13 Feb 2018
Having worked in the construction industry for 15 years, John Scarff had been involved with a number of self-build projects and had always longed to complete a build of his own, though the time was never quite right.
A property purchase is most likely the biggest investment you’ll ever make, and when that property is listed you need to take extra care to ensure that it is properly insured. Here, The Listed Property Owners’ Club helps decode insurance cover and terminology.