Welcome to our second instalment of Caveat venditor, where we’re exploring the very real risks sellers can face during – and well after – property transactions.
If you haven’t already, you can check out part 1 here.
Caveat Emptor – buyer beware –is a well-worn phrase that underscores the importance of potential buyers doing their homework before agreeing to any purchase – and living with the fallout if they don’t.
We have previously discussed the tax aspects of being a host with Airbnb or other online accommodation platforms. With Airbnb’s increasing popularity, we thought a reminder would be useful if you’re an existing host about obligations to your lender, insurer and local authority.