UK Property

For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US citizen renting out real estate in the UK – or anywhere else – there’s one thing you can’t ignore: how foreign rental income affects your US taxes. The US taxes its citizens on income from all over the world, so your overseas rent isn’t exempt. Many expats get tangled up in confusing tax rules, exchange rates, and paperwork. That’s why it’s important to understand your US tax responsibilities...

With house prices continuing to climb and the average UK home forecast to top £300,000 by the end of the year, it's easy to see the appeal of winning one outright. Property prize draws, run by companies such as Omaze and Raffle House, offer entrants the chance to win luxury homes, often sweetened with extras like a car or a six-figure cash prize.But before you enter, it's worth understanding how these competitions actually work — and what to watch out for.Here, Which? takes a closer look at the companies running these...

The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. U.K. GDP contracted 0.3% month on month in April. In March, the economy had grown 0.2%. Trump's trade tariffs and domestic tax rises are reasons behind the fall. The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. The latest monthly growth figures from the Office for National Statistics showed the U.K. economy contracted 0.3% month on month in April,...

Moor Hall in Aughton has three Michelin Stars for its main restaurant (Picture: Moor Hall) If you were to head 11 miles north of Liverpool or 16 miles west of Wigan, you’d stumble across an unassuming village that’s home to around 8,300 people. While those who’ve visited say it’s a ‘peaceful’ and ‘wonderful’ little spot, it’s fair to say there’s not a lot to keep you occupied in Aughton, Lancashire.  According to Tripadvisor there are three main things to do: go to church, or visit the Oaks Golf Club either...

While it's tempting to rip down a rotting old fence that's been stood for decades, simply just going ahead with the task in hand could have repercussionsGardeners to complete five things before setting up new garden fence(Image: Getty Images/iStockphoto)Erecting a new garden fence is a job that comes with a whole set of challenges - and one of them is establishing exactly how high you can have it.Along with finding out who owns which fence, there are actually four things all gardeners must do before taking down a tatty old...

New figures reveal it now takes an average of 205 days to sell a property in the UK, marking the first time the 200-day mark has been exceeded. The data, compiled by property market analysts TwentyEA for estate and lettings agent Cavendish, shows a 10-day increase in the average selling time when comparing the period from January to May 2025 with the same months in 2024. David Adams, managing director of Cavendish, said: "In pretty much every region of the UK, the time to sell your home has gone up...

The property is located on Ashgrove, on the outskirts of the city centre. The mid-terrace property was previously used and arranged as a HMO.  Earlier this week, it was sold with vacant possession for £202,000. Property 'requires comprehensive refurbishment' The property is "well-located", sitting approximately half a mile to the south-west of Bradford city centre, the auction listing said.  It offers accommodation across three storeys and comprises two reception rooms and a kitchen on the ground floor, three rooms and a bathroom on the first floor, and three rooms and a bathroom plus WC on the second...

Specialist lender Catalyst Property Finance has been appointed as a patron lender of the National Association of Commercial Finance Brokers (NACFB). The firm said its appointment as a patron lender for the NACFB showed its “commitment to the broker market and its dedication to building strong, collaborative relationships with the UK’s commercial finance intermediaries”. As a patron lender, the lender said it would bolster its engagement with the trade body’s network of 2,500 professional brokers from over 1,330 brokerages. It will also give NACFB members greater access to Catalyst...

Azealia Banks has pulled out of two UK festivals (Picture: Matthew Baker/Getty Images) Azealia Banks has announced that she will no longer be performing Boomtown of Maiden Voyage after ‘dealing with threats’ from organisers. The controversial American rapper, 34, took to social media to claim that she was being forced to say she supports Palestine or be cut from the lineup, a claim the promoters deny. Taking to X, the 212 singer told her fans: ‘So guys, I am cancelling Boomtown and Maiden Voyage. ‘The promoters have been stressing me...

AFTER years of enduring the rat race as a jewellery dealer in the UK, George Laing took a gamble on a new life in Europe - with just 85p. With gruelling hard work and patience, the Brit is slowly transforming a derelict three-story building into his dream home - and he has another plan up his sleeve.15George Laing, 32, bought his dream home for cheap as part of the €1 Houses projectCredit: Instagram/george_laing_15The property George bought for 85pCredit: SWNS15He snapped up the home in Mussomeli, Sicily - a sun-soaked region...