Sentences with phrase «leaving your property empty»

The OECD has argued for the introduction of a property tax in the UK (as well as in a number of other countries) to lessen the attractiveness of housing as an investment and discourage people from leaving properties empty.

This is particularly true if you rent these homes to tenants while you are not using them or if you leave your property empty and unattended for long periods of time.

Not exact matches

Nonetheless, the government has stopped short of imposing a property tax, which would discourage people from buying homes as an investment and leaving them empty by making it more expensive to own a home.

It is alleged to have been left empty after Estée Lauder's death in 2004, but was bought and restored in 2011 by property developer and interior designer Claudia Kempen.

The UK law is designed to criminalise people simply seeking shelter while it protects investors, including many from countries such as Kuwait, Russia and Saudi Arabia, who often buy property to leave it empty.

The ex-minister also suggested slapping extra taxes on foreign investors who buy up properties and leave them empty, in a bid to solve the country's housing crisis.

The profile entropy can be limited and the rest of the properties can be left empty.

If your mortgage qualifies, you must agree to vacate your property by a certain date and leave your home in «broom clean» condition — emptied of all belongings then swept clean.

Now, UK politicians are proposing a levy on buyers who leave their properties sitting empty.

If a property is left empty for more than 30 days, it will only be covered by the home insurance policy if you can document that a reliable person was either living in the home or checking the property every four days.

While you may want to invest in a beachfront property in an affordable destination, you might worry about leaving it empty for much of the year or dealing with maintenance issues when you're away.

This case highlighted the problems often encountered by landlords when faced with a pre-pack sale: namely the no - win situation of either being left with an empty property, or being lumbered with an unlawful occupier (which may or may not be paying rent).

For example, if a vacation home is left empty and unattended for long periods, it is at risk for damages caused by water leaks, pest infestations or property crimes.

For example, secondary homes may have lower contents coverage needs than primary residences, but if you rent out the properties or leave them empty and unattended for several months out of the year, your costs may increase significantly.

The properties have varied in size and age, but many were dilapidated, vacant structures or a city block left empty because an... Read More

We don't want you to experience the stress of having a tenant walk away — leaving you with an empty property, no rent to pay the mortgage, and the expense of finding a new tenant.

In the case of former anchors leaving empty space, however, CBL will sometimes buy back that property from the retailer.

We have a large number of friends who rent out property and while a couple have escape it, all of the others have some nightmare story — either the trashing - house family like Holly had or the squatters who refuse to leave, or even just the house staying empty for months on end when the mortgage was underwater / in negative equity.

The vacant - home issue — which is linked to a belief that foreign investors are buying properties and leaving them empty because they're speculating or rich enough to simply bank their holdings — has been simmering and occasionally boiling in Vancouver since the early 1990s.