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Landlords - taxed but still relaxed...

The Chartered Institute of Taxation (CIOT) is reminding landlords of residential properties that the first phase of the restriction of tax relief they get for mortgage interest to the basic rate of income tax begins on the 6th of April. Three further phases over the next three years will gradually reduce the relief allowed.

The change means that finance costs such as mortgage interest and finance set-up costs will no longer be deductible in full when working out taxable property profits. All individual residential landlords with finance costs will be affected, but it has been estimated that the measure will have minimal impact on the around 50% of small-scale landlords, these with little or no mortgage finance.

However, higher rate tax payers, and some on the border line who may be pushed into a higher rate tax band, simply because their rental income is added to their other income, will pay more tax. Unlike the old system where finance costs were deducted from rental income in calculating taxable rental profit, now no deduction is allowed, except for a tax credit amount on total income, which will be a maximum of 20% by 2021.

As landlords become more aware of the implications of these changes they will be considering their options. Some may be considering selling properties, paying down finance or incorporation, though the Chancellor’s words in the Budget on the latter are ominous: Mr Hammond’s exact words were:

“We must ensure that our corporate tax regime does not encourage people across the economy to form companies simply to reduce tax liabilities, pushing the burden of financing our public services onto others. HMRC estimates that existing incorporations cost the public finances over £6 billion a year and the OBR forecast an additional annual cost to the Exchequer from those choosing to incorporate of £3.5 billion a year by 2021-22.” Read more here

Brian Slater, Chair of CIOT’s Property Taxes Sub-Committee, said:

“This is one of the most significant changes to the buy-to-let market in decades and will particularly affect heavily geared buy-to-let landlords. However, it is sensible for landlords to be cautious about making any knee-jerk moves in response to the changes.

“A decision to sell properties may be tempting for those that are highly geared, meaning they are carrying a lot of debt from perhaps buying many properties or a couple of expensive ones and can no longer benefit from the relief.

“Helpfully the change is being phased in over four tax years, so that the full effect of the restriction will not be felt until tax year 2020/21. This will give landlords extra time to consider their options.

“Taxpayers may have to decide whether to continue in buy-to-lets with reduced profits or simply sell their properties, which may impact on the number of houses and flats available to buy. Or such people could move into commercial property renting, but they will find that to be a more specialised field.

“The restrictions apply to individual landlords and not to companies, which will continue to receive relief for mortgage interest...

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What’s More Important than Price?

James Davis – Portfolio Landlord & Property Expert

After being a landlord for 22 years and becoming increasingly frustrated with the lack of quality tenant find services for landlords, James started Upad. Upad have mastered the intricacies of online to provide landlords a service they can rely on. In this article James deciphers how to make the most of the one real chance landlords get to maximize enquiries on leading property portals.

What’s More Important than Price?

When advertising your property online, it’s important to be aware of landslide shifts in the way your ads are listed.

It used to be that the biggest online property platforms, Rightmove and Zoopla, displayed their search results by price. You’d simply enter your criteria (number of bedrooms, location, etc.) and then see properties arranged by price. Now things have changed.

No second chances

Today, is it the most recently posted adverts that are listed first. What’s more, you can’t re-upload the same property at a new price unless the rental price changes by at least 2%.

This has had a huge effect on how landlords approach online advertising.

Previously, landlords could advertise their properties at a speculative price a few months before the end of the tenancy, and then progressively lower the price on the ad as the move-out date...

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Inventory Services Gas Services Legal Services


Affordable Warmth Scheme

The Affordable Warmth Scheme (AWS) is one of the lesser talked about initiatives of the UK Government, thought it’s been around since 2013. The scheme falls under the umbrella of the Energy Companies Obligation (ECO), an initiative that requires UK energy companies to pay into a fund that can be used to tackle fuel poverty in the UK. Importantly, the energy companies paid for this by adding a little extra onto consumer energy bills.

The AWS primarily uses this money to help fuel poor people replace faulty storage heaters and boilers with up to date, energy efficient models. In this way, it is supposed to save these people money on their energy bills, and raise their standard of living.

However, in the latter half of 2015, the government announced that the Domestic Energy Efficiency Supplier Obligation (DEESO) would take over from ECO in early 2017. This announcement caused consternation among the public, as a key element of DEESO is that it will have a lower budget, so as...

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How can you spot and deal with Japanese Knotweed?

Spring is now beginning to enter full bloom, with temperatures reaching a balmy seventeen degrees in some parts of the UK this week!

This is an extremely popular season for homebuyers and sellers alike, with many looking to ‘spring clean’ in order to make their property as inviting as possible for new suiters.

As an investor, it is likely you will be no different. Whether updating your property to try and attract new tenants, or simply giving it a makeover ahead of the summer, you are sure to be busy.

However, with the weather getting warmer, experts are warning homeowners to be aware of a highly troublesome plant, that could cause serious issues.

Ryan Weston, of Just Landlords Insurance Services, looks at how the plant, Japanese Knotweed, can be identified and how best to eradicate the risk of it spreading.

What is Japanese Knotweed?

‘Japanese Knotweed, otherwise known as Fallopia Japonica, is a plant that is dormant during the winter months. Come spring, the plant begins to sprout and by summer, it is not uncommon for Japanese Knotweed to grow by a foot per week...

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More Landlords Buying with Cash

Landlords buying new houses and flats with cash has hit a record level in the UK, with 61% of such purchases made in January, new figures reveal. The cash splurge, up from 59% the previous January and 41% in 2007, comes as rents around the UK are on the rise practically everywhere, except London.

The mortgage-free buys snapped up at the start of the year by cash-rich landlords expanding their property portfolios were mostly in the north of England (70%),a report by property services firm Countrywide found.

That compares with London and further to the southeast of England, where landlords are more likely to opt for mortgages, the firm said. That may not be surprising, however, given...

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A Guide to a Fast House Sale

Even in today’s heated house market there are still some private homes and rental houses that stubbornly won’t sell no matter how competitively they are priced.  This can be both inconvenient and very frustrating. Often a few small changes can dramatically transform this situation. To help you the team at PODS have put together some top tips to transform your underperforming tortoise to a desirable, speedy hare ensuring that a fast house sale is just a few viewings away.

Sweat the small stuff

You may think minor repairs are something a buyer will overlook, but in a competitive market this could make the difference between selling your house or someone else’s.  Things like cracked plaster or stained grout are unsightly and put buyers off. Even if this isn’t a deal...

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MEES guidelines out & worth the wait

On 23rd February 2017 the Department for Business, Energy and Industrial Strategy (BEIS) published the guidance for landlords and enforcement authorities on the minimum level of energy efficiency required to let non-domestic property under the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015. This long awaited guidance details the requirements against which compliance of the minimum energy efficiency standards (MEES) will be measured and gives clarity to the numerous unanswered questions many have been asking since the legislation was passed two years ago.

The Energy Efficiency Regulations aim to tackle the least energy efficient properties in England and Wales – those rated F or G on Energy Performance Certificates (EPC). The Regulations...

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Editorial, March 2017

Despite landlords’ best efforts to persuade government otherwise, one of the most punitive tax regimes in Europe will next week descend on them – the start of a four-year phased removal of mortgage interest tax relief, which will hit those erstwhile enthusiastic buy-to-let investors with higher earnings and higher mortgage borrowings hardest.

I can’t help feeling the government is being highly disingenuous when minister after minister repeatedly says how much they value the private rented sector and the small landlord, yet they incessantly introduce disincentives for small-scale landlords, currently making up at least 85% of residential rental supply, while incentivising large-scale institutional investment.

It seems madness to me that when eighty-nine per cent of landlords are private individuals responsible for 71% of all private rented dwellings, with a further 5% of landlords being small company landlords responsible for 15% of dwellings (DCLG Private Landlords Survey 2010), that government appears not to truly value such a resource. Government frequently describes the private rented sector (PRS) as a cottage industry.

Most of the growth in the PRS has been from individual landlords, and a major driver of this has been the availability of buy-to-let mortgages. One study carried by the Intermediary Mortgage Lenders Association (IMLA) found that since the introduction of buy-to-let mortgages in 1996 they have financed 1.4 million homes in the PRS. When these individuals sunk their money into this, they had no idea the government would introduce such a tax.

A tax on total income, as opposed to taxing profit after deducting loan interest, a benefit every other business in the land has always enjoyed, will have the effect of driving some landlords out. In the short-term rents will inevitably rise in a rental market which is already under supplied with accommodation, piling more misery on cash strapped tenants.

Longer term, increasing supply through large-scale new build blocks may alleviate some of the problem, as the government intends, and as it says in a recent report: “Government [has] emphasised the importance of increasing institutional investment into the PRS to fund large-scale, professionally managed developments.”

But government admits that: “Despite the 2010 Government’s focus on institutional investment, the majority of PRS properties in England are currently built, acquired and managed by individual, buy-to-let landlords,” and so far it would seem institutional investment has not has the impact government intended.

So, where are the incentives for the private landlord? Where are the tangible measures to encourage and help the small-scale landlord as opposed to the increasing regulatory burden, the punitive tax regime and the shabby treatment of those individual landlords, both at national and local level, who carry out such a valuable service to the community using their...

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Call 4 Help


The exciting new service for Letting Agents and Landlords in the UK

We are Call 4 Help the only Property Management Service in the UK with a dedicated 24hour plumbing, heating and electrical helpline, staffed only by qualified tradesman. There is no middle man, receptionist or call queue, so when our customers call, it will be answered by an engineer so they have help immediately.

Being a Plumber, Heating Engineer or Electrician for several Letting Agents in the winter is a very busy time and there's never a minute to spare.

So when possible, fixing or temporarily reinstating tenants facilities over the phone is an everyday occurrence, this is where Call 4 Help was born.

Sometimes it's hard to reach your Plumber or Electrician, maybe they just can't answer their phone as they are too busy, or maybe they don't work 24hrs a day. But within that delay could spell disaster for your property or the tenant calling an expensive Emergency Plumber or Electrician themselves.

We as engineers know that not every boiler breakdown or electrical problem requires an emergency callout, sometimes all that's needed is just some expert advice and direction to get things going.

Insurance companies and energy giants offer 24hr helplines, but these will only patch you through to a call handling centre, then after a lengthy security check, a few hours or days down the line they might send some help, but again this doesn't help you...

Read more...


Elfin Kitchens


The changing face of PRS

Bob Andrew, Managing Director of Elfin Kitchens, discusses the changing face of the private rented sector and how landlords can adapt their offering.

The housing market is changing and so are attitudes to the places we call home. Once, house ownership seemed inevitable and getting your foot on the property ladder in your early twenties seemed the clear path. Certainly, that was the case for most of us over the age of 50!

However, the reduced supply of properties in the last 25 years, combined with the increasing challenge of making home ownership more affordable, has dramatically driven the growth of the private rented sector (PRS). Some reports indicate that PRS now accounts for up to 16% of the UK housing market. Indeed, some predictors believe there will be more renters than buyers in 15-20 years.

The cause of this shift can be attributed to a change in the perception of renting. Whilst the PRS was once regarded as the last choice by many, it is now increasingly popular with families, couples, young professionals and students. Of course, many of these types of properties are vast, sprawling blocks that contain hundreds of studio apartments, luxuriously branded by the ‘landlord’ company to attract long-term renters for the lifestyle they offer. Supplemented by on-site amenities, which usually include a gym, laundry and swimming pool to super-fast...

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Landlord Investment Show


Iain Duncan Smith former secretary of state for work and pensions & David Smith Economics Editor of The Sunday Times join the National Landlord Investment Show panel of experts!

Expert Property Panel just announced for the Olympia Show on 15 June.

National Landlord Investment Show is returning to London for the 45th show to date on Thursday 15th June at Olympia.

As part of the seminar programme, the show will now offer an Expert Property Panel to discuss current issues that landlords face, including Brexit, licensing, tax, finance and immigration.

This expert panel will take place in the Auditorium Theatre and seat over 400 delegates. Chaired by Peter Littlewood from Southern Landlords Association, speakers include Iain Duncan Smith, Former Secretary of State for Work and Pensions 2010 -2016 and David Smith

Award-winning Economics Editor of The Sunday Times since 1989.

Also speaking as part of the panel is Carolyn Uphill

Chairman, National Landlords Association, Richard Bowser, Editor of Property Investor News and Marie Parris Managing Director, George Ellis Property Services.

The panel is free to attend for visitors and on a first-come, first-served basis, complementing the 37+ free seminars on all aspects of buy to let.

The exhibition also offers property investors and portfolio landlords over 100 exhibitors and leading suppliers of property investment, tax, legal, insurance and mortgage services.

‘It’s going to be a very stimulating day, with many features, suppliers and seminars for property professionals, explains...

Read more...



Energy Performance Certificates: Slowly, slowly catchee monkey.

It was only 16 years ago that the European Commission were faced with the concerning figure that 40% of worldwide carbon emissions were a direct result of poor energy efficiency in buildings of the United Kingdom alone. Addressing this issue was, understandably, a daunting task. Not only would new builds need to be regulated more heavily but pre-existing buildings would need to be heavily adjusted to reduce inefficiency. Managing upheaval on this scale would take time, strategy, and patience. And so, the Energy Performance Building Directive (EPBD) was born. The rationale was this: if an energy efficient home became desirable for even the least environmentally minded, then it would create an incentive for homeowners to improve the efficiency of their properties and emissions from buildings would reduce by proxy. Achieving this required a gradual process; first, introducing mandatory energy efficiency surveys of buildings and second, clamping down on the most inefficient properties.

Surveying the energy performance of existing buildings was accomplished by way of Energy Performance Certificates or EPC’s. Prior to the lease or sale of a property, homeowners would be required to commission a survey of the energy efficiency of their home by an accredited energy assessor. The resulting report would detail the current energy efficiency of the property represented by a graded rating along with current running costs and recommendations for changes that could be made to the property in order to improve running costs and thus, energy efficiency. Potential buyers or tenants would...

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Landlord Law Conference


New penalties make ignorance of the law a dangerous game

Things are getting more difficult for the rogue landlords.  For example:

• On 6 April, new powers are being given to Local Authorities, which will allow them to impose ‘Civil Penalties’ - which can be up to £30,000.

• Other new powers allow will Local Authorities and also tenants to apply to the First Tier Tribunal for ‘rent repayment order’. - which can prove extremely expensive.

• Then last year new rules came into force to allow the Home Office to bring prosecutions against landlords who allow their properties to be occupied by tenants who do not have a ‘right to rent’.  Custodial penalties are now an option!

How ‘innocent’ landlords can suffer

We should of course be glad that the problem of rogue landlords is being addressed.  However, it is all too easy for ordinary landlords, who are not ‘rogues’ but who...

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Substantial Business Rates savings for developers...

Developers looking to renovate shops and offices could stand to save thousands of pounds in business rates on the back of a landmark Supreme Court judgement.

Lawyers at hlw Keeble Hawson cite the recent case of Newbigin vs Monk as a reason for local ratepayers and developers to seek immediate advice on their business rate liabilities.

The case centred on a disagreement about the rateable value of a property in the North East that was being extensively redeveloped. The ratepayer argued that, because all of the services and installations had been stripped out as part of the refurbishment, the building should not be valued as if it was a useable office block.

The Valuation Office (VO) disagreed, claiming that unless a building is beyond economic repair, it should be valued as a property capable of being put back into commercial use. The ratepayer said the rateable value should be £1, the VO said it should be £102,000.

“This is a massive financial difference and, in the end, the Supreme Court came down on the side of the ratepayer,” explained property litigation solicitor, Sarah Finnemore.

“Although the question of whether a property is incapable of beneficial occupation will have to be considered on a case-by-case basis, the judgement has sent out a very strong message.

“It has huge implications for ratepayers and property developers across the country because it provides support for ratepayers to potentially seek to have the rating list altered during redevelopment.”

In the Newbigin vs Monk case, The Supreme Court held that the starting point for assessing rates in development cases should be to objectively evaluate whether...

Read more...



5 Ways to Create your Own Luxury Kitchen

Creating a luxury kitchen can be a hard task, especially if you are working on a budget. However, this should not deter you from achieving the dream look for the most important room in your house.

Every expensive option has an economical counterpart that is sure to look just as impressive in your kitchen. While some areas and appliances will require significant spending, some small but still aesthetically beautiful touches can turn your kitchen into a luxurious space.

1. Remove the Clutter

One of the most obvious ways to improve the look of your kitchen can also be achieved without spending a penny! Remove any unwanted ornaments or appliances from your countertops and store them out-of-sight.

Clean, sleek counters are an essential part of ensuring that your kitchen looks modern and luxurious. Keep the toaster, the kettle and any other essentials but remove the rest.

This can be done in a number of ways. If you have a bit of money that you are willing to spend, a good idea is to create alcoves set slightly back from your countertops. This will allow for easy access to all appliances while still leaving enough space to ensure that your counters are clean and clear.

2. Utilize the Space

To get the luxury kitchen you desire, there is simply no need to use a sledgehammer to smash walls down. You may not have much space to work with but you can use it wisely.

One key tip to utilizing the space in your kitchen is to make use of any natural lighting. Use the daylight to accentuate your best furniture or appliances; perhaps centre the kitchen table in the light to reinforce that this is the hub of the kitchen.

Try and make the most of the floor space in the kitchen too. Beautiful furniture can go...

Read more...


Latest News

  • 31 Mar 17 - Telford landlord unlawfully evicted tenant -

    Unlawful Eviction: A Telford landlord pleaded guilty to two charges relating to the unlawful eviction of a tenant. David Beattie appeared before Telford magistrates in a case brought by Telford &...

  • 30 Mar 17 - Landlord training launched by Council with NLA -

    The North Tyneside Council and the National Landlords Association (NLA) have announced a new training partnership for local landlords that aims to bring professional practice to the private rented...

  • 28 Mar 17 - Landlords should dismiss tax worries and carry on… -

    With the tax changes to mortgage interest relief looming as the biggest single issue affecting buy to let landlords in the UK, many have concerns about the future of their business. But, concludes...

  • 27 Mar 17 - mydeposits Issues Deposit Scam Warning -

    Deposit Scheme Scam: Mydeposits says it is aware of a new scam being used by a fraudulent company imitating mydeposits and targeting landlords and letting agent members of the mydeposits Custodial...

  • 24 Mar 17 - Housing Minister confirms consultation on letting fees -

    In a written reply to Labour MP Julie Elliott, Minister Barwell says the government “will consult in the Spring on the detail of implementation.” We are “committed to building a strong and safe...

  • 23 Mar 17 - Getting Your Tenants to Manage their Waste -

    Bin Collections: Getting tenants to properly manage their waste is a challenge not just for neighbours, but for landlords and councils alike. A new guide published this month is designed to address...

Forum - Latest Posts


Landlord On Your Feet.

If you’re a landlord, have we got an offer for you.

We want you to have 10% off your first online purchase simply by signing up for your free trade card.

But there’s so much more you can get from us.

Selco Builders Warehouse are here to give you a helping hand with any job or project you have in progress or coming soon.

When you sign up, you become part of the Selco club. Being a member of the Selco club gives you exclusive access to everything we have to offer.

That means you can drop into any of over 45 massive branches across the UK, and pick up any number of 1000s of trade products - products that are priced competitively low for professionals like you, so you can complete every important job or project for less.

And so you know for certain you can rely on the products we supply, we have 100s of top trade brands available too, including Leyland paint, DeWalt tools, Kronospan floors and absolutely tons more.

Not to mention deliveries from branch, a top-notch tool, plant & machinery hire service, paint-mixing, sheet material cutting, and brick-matching.

But do you want the convenience of being able to buy trade products whenever you need them? Well, at selcobw.com, not only can you buy online for next day courier delivery, but you can also Click & Collect in-branch within 1 hour. Or drop into any of our branches from early in the morning to late at night. Our helpful and knowledgeable team is always ready and...

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Why property wealth is so much more about farming than it is about hunting

There are probably just as many property investment tips and tricks as there are investment options, but to manage a successful property portfolio you really only have to do one thing: be a farmer and not a hunter.

By saying this, we mean what you really need to do to succeed in Britain’s diverse property market is to buy the right assets, hold on to them in the long-term and finance them correctly.

In other words, you’ll be a farmer. You’re experienced, sow your work’s seeds before you reap the rewards, have already started planning for next year and don’t get too concerned by a couple of clouds on the horizon (or your weather app).

Hunters, on the other side, are all about the quick kill. Do it now and think about it later. For the property world, this means that some investors try to outsmart the market by using strategies like only following the really big trends - even when it’s too late - and not factoring...

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Buying a second property - What you need to know for 2017

With so many drastic changes taking place in 2017, there have also been plenty of changes to the housing market. Mortgage tax relief changes, stamp duty costs and Brexit are just a few of the things to be wary of when buying a property this year.

So, If you have been thinking about purchasing a second property in 2017 but don’t know where to begin, don’t worry! North West property solicitors Abacus Law are here to lend a helping hand.

Equity or buy-to-let mortgage?

Equity - Here you can remortgage your first property, using the equity to put a deposit down on the second property. Where possible, you could use the equity to buy the second property outright.

If you do decide to take out a second mortgage, you will need to demonstrate to your provider that you will be able to pay off both houses.

Buy-to-let mortgage -This option should be implemented if you plan on renting the second property out. A minimum deposit of 24-40% will be necessary...

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Mercy of the Market

Any form of investment whose profit-potential depends upon finding someone somewhere to buy it off you, preferably for more than you paid, is risky.  What happens if there isn’t anyone? Take the ‘collectibles’ market, whose world-wide transactions are an estimated $200 billion dollars a year, albeit much of the expenditure for the pleasure of collecting and owning rather than any thought of wanting to make a profit. It’s doesn’t matter that most ‘collectibles’ are likely to have little or no value, what matters is how quickly a buyer can come to terms to that reality, and how much can be lost in the process. A good example is the 1990s craze for Beanie Babies, in their time accounting for 10% of eBay’s sales. So successful was the price tag for ‘cute’ and ‘adorable’ that the powerful combination of emotion and limited edition helped make their creator Ty Warner one of the richest men in the world, with an estimated net worth of $2.4 billion. Some BBs continue to be sought after and command high prices, but for the more common ‘little animals stuffed with plastic pellets’ that once might’ve set you back £25-£100 the price range now is no more than retail value.

The first recorded speculative bubble is popularly considered to be “tulip mania” when, at its peak in March 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman.  Property is not immune from the same forces that fuel bubbles, and fill reality with hot air. When you buy a property, whether the purchase price is sustainable is not something to take for granted. Whether it matters that blips and occasional set-backs in an otherwise historic upward-only path would or should affect your thinking depends upon whether your expectations for the future are realistic. Just because Mark Twain said “Buy land — they're not making any more” appeals to common sense doesn’t overcome the fact that, value-wise, the adage...

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Deacon


Spring into action!

Spring has sprung so it’s time to give your rental property a seasonal spring cleaning makeover, say the experts at Belvoir

Ready to rent

Traditionally a time for new beginnings Spring is a popular choice for movers looking to find their next home so make sure your rental property is viewing and move in ready…

“It’s important to create a welcoming space and present a home that prospective tenants will feel they will enjoy living in,” says co-owner of Belvoir Melton Mowbray and Belvoir Bingham Charlotte Baker.

“Make sure any small jobs or minor fixes have been completed, such as securing loose door handles, painting marked walls or repairing chipped paintwork. Even the most minor jobs that are left unresolved can make a property look and feel neglected.

“Create a light, bright and airy space by drawing back curtains or blinds and perhaps opening the windows briefly to disperse any stagnant air and make the property smell and feel fresh,” she continues. “This is particularly beneficial if the property has been empty or air has been unable to circulate over the winter months.

“Also, even though spring has arrived, it can still be cold at times so make sure the heating is in working order and perhaps put it on a low setting so that the property doesn’t feel cold or damp.”

Of course, the property should...

Read more...



Health and Safety concerns: are landlords prepared to protect their tenants?

There is a multitude of legislation in the UK Market safeguarding tenant. Arthur looks at a landlords’ legal responsibilities and tips to improve tenant safety.

According to figures by the Royal Society for the Prevention of Accidents, every year around 6000 deaths are caused by home accidents.

Children are the most vulnerable, with at least two million children under the age of 15 falling victim to domestic hazards.

With legislation in place to minimise the risks posed to renters of all ages, this article analyses how these risks are mitigated for with legislation but also tips to ensure further safety.

Basic landlord responsibilities:

Every private landlord must meet a series of basic legal responsibilities. These include, fitting a smoke...

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Think Airbnb? Think Again!

Daniel Stern is an Associate Solicitor specialising in property litigation at Manchester law firm Slater Heelis LLP. Here, he explains the risks for both tenants and landlords when it comes to letting out property on Airbnb and how to mitigate against them.

You are a tenant or a landlord and you come across Airbnb. What a great idea you think to yourself. The idea of making more money out of subletting or renting out your property sounds very appealing.  As our friends across the pond might say, it’s a no brainer…

However, it isn’t all that easy and it must be approached with caution. By using Airbnb, you could potentially be jeopardising your legal interest in the property, particularly if you are a tenant.

Below are some of the common problems experienced...

Read more...


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