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Should I set up a company to pay less tax?

Should I set up a company to pay less tax?

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According to research from the NLA, 4 in 10 landlords are either seriously considering forming a limited company or looking into the option in the coming months.Can you - and more importantly should you - set up a company to pay less tax? Heres my complete guide on becoming incorporated.<stron

What heating system for Rental Property?

What heating system for Rental Property?

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What heating system should you use in your rental property? Is there a heating system that could solve landlords condensation claims problems?Its one of the most important questions to ask when letting a property for the first time. Whatever system you choose carries implications for the ef

Warnings about Gumtree advertised letting scams

Warnings about Gumtree advertised letting scams

News

The Residential Landlords Association (RLA) and the National Landlords Association (NLA) have called on the classified online listings service Gumtree to issue clear guidance over possible scams involving bogus letting scams.The warning has been issued to Gumtree by the NLA and the RLA after f

Dispute Resolution Procedure at Rent Review

Dispute Resolution Procedure at Rent Review

Information

At rent review, the phrase 'going to arbitration' is often bandied about during negotiations as a means for one party to get its own way. Whether or not the parties can agree the rent without involving the dispute resolution procedure, it is common for a represented or experienced party to inv

Government releases 'How to Rent'� guide

Government releases 'How to Rent'� guide

News

From the 1st of October 2015 it became a statutory requirement that landlords issue all new tenants after that date with the latest edition of a Government publication The How to Rent Guide�, along with a current Energy Performance Certificate (EPC) and a current Gas Safety

Doing Right to Rent - Immigration Checks

Doing Right to Rent - Immigration Checks

Information

From 1st February 2016 all new tenants in England must be given Right-to-Rent (Immigration) Checks to determine their "right-to-rent" or "right-to-reside" in the country, BEFORE they can be given a tenancy. Landlords or letting agents must do the checks - letting agents where the

Tax Deductible Letting Expenses

Tax Deductible Letting Expenses

Information

This is a Guide to Tax Deductible Letting Expenses for Landlords under the new tax rules following the Summer Budget 2015. These may be subject to change and you are advised to consult a tax specialist before making any decisions.From April 2016 landlords will no longer be able to automatically d

Landlord uses hidden cameras to spy on tenants

Landlord uses hidden cameras to spy on tenants

News

An Edinburgh landlord set-up hidden cameras in the bedroom and bathroom of his flat, to film people in bed and in the shower.The cameras were discovered by a young couple, friends of the landlord who allowed them to use the accommodation. The couple found a box on the living room table with a cam

Comparable Evidence

Comparable Evidence

Information

Amongst the ways to agree or ascertain the (open) market rent at rent review or on renewal of a lease, (per s.34-s35 Landlord and Tenant Act 1954), is the use of comparable evidence.At rent review, the market rent for the premises is not what rent the actual tenant would agree or could afford, bu

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Compliance – can you afford to get it wrong?

Compliance – can you afford to get it wrong?

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Landlords and agents could face fines of up to £40,000 for breaching new rules set to be introduced as part of the Government’s Renters’ Rights Bill.

Landlord wins battle with council over leasehold survey costs

Landlord wins battle with council over leasehold survey costs

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News
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Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.

Shelter boss and architect of Section 21 ban to stand down

Shelter boss and architect of Section 21 ban to stand down

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News
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Shelter chief executive Polly Neate is to leave the homelessness charity next March after more than seven years.

Could this £15 box help reduce damp and mould in rented homes?

Could this £15 box help reduce damp and mould in rented homes?

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News
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A trade association’s new tech solution aims to help landlords identify and resolve the root causes of damp and mould in rented properties.

Should I think about passing on wealth before the budget?

Should I think about passing on wealth before the budget?

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News
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Will you be passing on your hard-earned wealth to the next generation before the budget, you don't have long

Cut NOT increase red tape for landlords, say mortgage lenders

Cut NOT increase red tape for landlords, say mortgage lenders

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Reducing red tape for landlords would boost the supply of private rental properties, curb rent increases and create better quality housing for tenants, according to lenders’ trade body UK Finance.

Labour's EPC upgrade plans will cost landlords £21.4 billion

Labour's EPC upgrade plans will cost landlords £21.4 billion

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News
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Private landlords face a £21.4 billion bill to bring their properties up to the proposed EPC C rating by 2030.

Rent repayment order fines to double under Labour

Rent repayment order fines to double under Labour

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News
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Rogue landlords face being forced to pay back up to 24 months’ rent as part of a shake-up of Rent Repayment Orders under the new Renters’ Rights Bill.

CLAIM: 'Future of portfolio landlording is HMOs and multi-unit blocks'

CLAIM: 'Future of portfolio landlording is HMOs and multi-unit blocks'

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News
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Aspiring portfolio landlords are increasingly targeting higher yielding multi-unit blocks (MUB) and HMOs rather than traditional flats and semis.

Landlords with mortgages 'to get early Xmas present'

Landlords with mortgages 'to get early Xmas present'

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News
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Mortgage rates are likely to drop even further before the end of the year, providing some much-needed festive cheer for landlords.

Labour says renters face 'insecurity' but tenancies getting longer

Labour says renters face 'insecurity' but tenancies getting longer

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News
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Private renters are increasingly staying for longer in their homes, contrary to tenant groups’ argument that they face ‘insecurity of tenure’.

PIX: Shocking size of 'rooms' within illegal HMO revealed

PIX: Shocking size of 'rooms' within illegal HMO revealed

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News
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A rogue landlord who turned her three-bedroom bungalow into a 15-room unlicensed HMO where tenants slept on camp beds in windowless rooms has been handed a £12,000 fine.

HMO landlords should be Scrooge not Santa this Christmas

HMO landlords should be Scrooge not Santa this Christmas

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News
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Landlords have been advised not to let their tenants deck the halls with flammable holly during the festive season.

Government promises to fix cladding remiation problems by 2029

Government promises to fix cladding remiation problems by 2029

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News
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The government has set out new targets to fix unsafe buildings in England as part of its Remediation Acceleration Plan.

Gloucester plans clampdown on spread of HMOs

Gloucester plans clampdown on spread of HMOs

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Gloucester Council is to apply for an Article 4 Direction in a bid to curb the number of shared houses in the city.

'Labour's reforms will cost landlords and tenants'

'Labour's reforms will cost landlords and tenants'

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The Renters’ Rights Bill will add extra costs for tenants as well as landlords, and it will cause landlords to leave the private rented sector

Property groups call for more homes, not rent controls

Property groups call for more homes, not rent controls

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Property groups have called on the Scottish government to focus on building homes rather than rent controls in a bid to address the country’s housing crisis.

Labour to spend £20m helping tenants fight evictions

Labour to spend £20m helping tenants fight evictions

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News
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Civil legal aid fees for eviction cases and immigration are to receive a £20 million boost, marking the first increase since 1996.

Looming open-ended tenancies to have 'unintended consequences for tenants'

Looming open-ended tenancies to have 'unintended consequences for tenants'

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News
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The Government should further consider its plans to mandate open-ended tenancies as a legal requirement, as set out in the Renters’ Rights Bill going through parliament.

New tech enables landlords to make money from solar

New tech enables landlords to make money from solar

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News
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A new tech launch allows landlords to generate and sell electricity from rooftop solar panels either to their tenants or back to the grid without going through the main meter.

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

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Thousands of landlords are feeling the pinch as rising costs, talk of rent caps, and upcoming EPC regulations add pressure to an already challenging rental market.

Allowing tenants to rent out homes via Airbnb 'a huge risk'

Allowing tenants to rent out homes via Airbnb 'a huge risk'

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News
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A leading letting agent has warned that a new Airbnb initiative allowing tenants to rent out their homes could put landlords at risk.

How to future-proof your rental business

How to future-proof your rental business

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Future-proof your rental business with proactive strategies for resilience and long-term growth.

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

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News
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The Government has promised to fix significant glitches that have been reported within its e-VISAs system, which is used by landlords and letting agents to verify the Right to Rent status of prospective tenants.

'More lodgers are best solution to UK's housing crisis'

'More lodgers are best solution to UK's housing crisis'

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News
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Lodgers’ rental costs could revert to 2017 levels if just 1% of the UK’s 26 million spare rooms were rented, according to flat sharing site SpareRoom.

Government gives Northern city green light to begin selective licencing

Government gives Northern city green light to begin selective licencing

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News
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Blackpool council has received the go-ahead to start selective licencing in eight inner wards despite worries among some landlords about the consultation process that preceded the decision.

Pets charities call for stronger rights for tenants with dogs and cats

Pets charities call for stronger rights for tenants with dogs and cats

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News
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Scotland’s animal welfare organisations have called on MSPs to support stronger protections for pet owners in the private and social rental sectors ahead of a crucial debate in Holyrood.

Property redress marks 10 years with new brand

Property redress marks 10 years with new brand

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Celebrating 10 years and 20,000+ members, Property Redress rebrands with a new site and tools for faster, easier dispute resolution.

‘60-minute Makeover’ - checklist to winterproof properties

‘60-minute Makeover’ - checklist to winterproof properties

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Small, proactive steps can make a big difference, keeping tenants comfortable and protecting buildings from problematic mould and damp.

Bank data shows landlords were purchasing more commercial properties

Bank data shows landlords were purchasing more commercial properties

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There are optimistic signs, says Shawbrook Bank. Their data on the commercial property market shows a rebound

Accidental landlords 'a dying breed' warns mortgage expert

Accidental landlords 'a dying breed' warns mortgage expert

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Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.

Labour to outlaw 'rent in advance' requests by landlords

Labour to outlaw 'rent in advance' requests by landlords

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News
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The Government is to make it unlawful for landlords and agents to ask prospective tenants for large sums of rent in advance, housing minister Matthew Pennycook has confirmed.

Lawyer questions Labour's 'fanciful' cost estimates for reforms

Lawyer questions Labour's 'fanciful' cost estimates for reforms

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News
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A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.

Holiday let landlords to collect new tourism levy AND register properties

Holiday let landlords to collect new tourism levy AND register properties

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News
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Landlords with holiday let properties in Wales will soon have to register their properties and collect a £1.25 per person, per night fee from clients.