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Tuesday, December 12, 2017
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Tax Relief & Holiday Lettings The Rent-a-Room scheme is a tax relief designed to encourage homeowners to provide accommodation for lodgers, the theory being that this facilitates flexibility and mobility in the national workforce. However, HMRC, though they have denied any...
Short-term holiday lets: Mortgage brokers are being warned that they could be struck off lending panels if they are complicit in providing buy-to-let loans on properties that are being used for holiday lets. Following recent changes to landlord taxation, there has...
MEES 1st April 2018: Former solicitor, Tessa Shepperson’s latest newsletter provides a timely reminder for the MEES, (Minimum Energy Efficiency Standards) affecting residential landlords from April next. This topic has been covered before here, but given its importance to landlord...
Company Capital Gains Tax: One of the measures introduced by the November Budget earlier this week will affect those landlords who buy properties through companies. Since the removal of mortgage interest relief (a tapering reduction over 4 years) there has been...
Nightmare Tenants: Yet another tenant from hell story demonstrates that landlording is far from the instant millionaire scenario that the popular myth perpetuates, a media peddled myth that would have all hard working landlords exploiting their innocent unsuspecting tenants. In fact,...
Breaking News - Budget Review for Landlords: Aww bless. Hammy Hammond hopes to stop Uncle Joe Corbyn’s socialist revolution by giving out railcards to Millennials. After all the scare mongering in the press in recent weeks, I had a really bad...
Checking Immigrants: The Independent Chief Inspector of Borders and Immigration (ICIBI) is calling on the industry for evidence to help with their evaluation exercise on the tenant’s Right to Rent scheme. The inspector has already invited stakeholders, landlord and agent representative...
Tenancy Deposit Disputes: An analysis of deposit claims by agent’s professional body, ARLA Propertymark, shows that cleaning is by far the biggest cause of disputes between landlords and tenants, when tenants are leaving. Tenancy deposits are taken from tenants to protect...
Retail Trends: The “Save the High Street” campaign, a government sponsored experiment led by TV presenter and retail shop expert, Mary Portas, has proved a failure, as the towns involved in the trial have seen 1,000 shops close in five...
New Developments: The number of new student accommodation developments across the UK is rising to meet the expect increase in students forecast over the next 10 years. According to recent research by Savills’, Bath is the UK’s top hotspot for student...