David Lee is an independently owned award winning company with branches in Stansted Mountfitchet and Bishop's Stortford.
We are a vibrant, modern Estate Agency offering a personal, dedicated service which, combined with our innovative approach, amazing team and in depth knowledge of the local market, ensures great results for our clients.
Our proven track record in getting the best possible price whilst delivering a market leading service really speaks for itself.
At the moment, anyone who rents out a room to a lodger where the rental income exceeds £4,250 a year must pay tax on the amount above this. But last week the chancellor announced that, from April 2016, this tax-free allowance will increase to £7,500, the first time the threshold has moved since 1997.
Renters are flocking to Essex for cheap rents and accessibility to London, according to a new index from the property search website, Rightmove.
All UK rental properties that you own personally will be included in one “UK property rental business” for tax purposes but how are they taxed?