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What landlords letting abroad need to know about Making Tax Digital

What landlords letting abroad need to know about Making Tax Digital

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Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

News

Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi

Landlords told to 'brace themselves' for inspections at 29,000 properties

Landlords told to 'brace themselves' for inspections at 29,000 properties

News

Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

News

Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o

London rents have seen record rises in a very hot spring market

London rents have seen record rises in a very hot spring market

News

The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p

What's the outlook for UK commercial property, post pandemic & Brexit?

What's the outlook for UK commercial property, post pandemic & Brexit?

News

The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the

LATEST: Rent controls take another step towards reality in Wales

LATEST: Rent controls take another step towards reality in Wales

News

Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

News

Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

News

Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own

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Big suburban London council reveals HMO licensing expansion

Big suburban London council reveals HMO licensing expansion

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Sutton wants to widen its licensing activities to include smaller HMOs, which number nearlyh 1,000 within the borough.

Landlords have 'good reason to be concerned with renting reforms'

Landlords have 'good reason to be concerned with renting reforms'

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News
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Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.

BLOG: Landlords face higher bills as EPC assessments get tougher

BLOG: Landlords face higher bills as EPC assessments get tougher

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News
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Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties

Big seaside city reveals radical plans to restrict holiday lets

Big seaside city reveals radical plans to restrict holiday lets

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Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating

Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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News
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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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News
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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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News
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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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News
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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

'Cost of landlording' drives 18% rise in BTL repossessions

'Cost of landlording' drives 18% rise in BTL repossessions

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News
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The cost of renting out properties and high interest rates have pushed up the number of buy-to-let (BTL) mortgages in arrears.

A simple guide to approaching rent increases

A simple guide to approaching rent increases

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If you haven't revisited your tenant's rent lately, it might be time to consider doing so.

'Perfect storm': landlords report big surge in tenant demand

'Perfect storm': landlords report big surge in tenant demand

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Two-thirds of landlords have experienced rising demand for private rented housing - but one-third plan to cut the number of properties they rent.

More money needed to support disabled tenants say landlords

More money needed to support disabled tenants say landlords

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Ministers must commit to uprating grants available to disabled people or many will miss out on vital adaptations, warns the NRLA.

Too many tenants facing eviction lack access to legal aid, say lawyers

Too many tenants facing eviction lack access to legal aid, say lawyers

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News
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The government’s failure to increase housing legal aid has weakened the justice system and robbed those who face eviction and repossession of help, warns the Law Society of England and Wales.

Shelter slams landlords over increasing Section 21 notice evictions

Shelter slams landlords over increasing Section 21 notice evictions

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News
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Shelter has attacked landlords for ‘kicking out’ over 26,000 tenants using a Section 21 ‘no fault’ eviction since the Government revealed it would ban this method of regaining possession of a property five years ago.

Asylum seeker HMOs WILL be included in licencing schemes, says Government

Asylum seeker HMOs WILL be included in licencing schemes, says Government

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News
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The government has performed a U-turn over its plans to exempt accommodation for asylum seekers from HMO licensing requirements.

Landlord licencing launches to be 'highest number ever' in 2024

Landlord licencing launches to be 'highest number ever' in 2024

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News
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This year is on track to break 2023’s record for the most additional and selective licensing schemes launched across the UK.

Eviction court system is now 'in crisis' says leading expert

Eviction court system is now 'in crisis' says leading expert

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The evictions process is in crisis with many landlords who are seeking to remove problem tenants facing huge court delays, it has been claimed.

'It's still a landlords' market' reveals RICS in latest report

'It's still a landlords' market' reveals RICS in latest report

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News
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Letting agents have revealed continuing strong demand for rental properties but no let-up in weakening supply.

Calls for reforms to EPCs to help decarbonise UK homes

Calls for reforms to EPCs to help decarbonise UK homes

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News
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Inconsistencies in the existing EPC calculation mean that property owners can currently pay out thousands of pounds for work that, when they come to sell, they find actually lowered their EPC rating.

Tenants facing rent rises call for 'lower energy bills in return'

Tenants facing rent rises call for 'lower energy bills in return'

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Most renters expecting a rent increase this year believe their landlords should make energy efficiency improvements to help offset the rise.

Big city to consult on more licencing of smaller HMOs

Big city to consult on more licencing of smaller HMOs

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Coventry councillors are set to approve a 12-week consultation into plans to renew the city-wide additional licensing scheme.

HMO numbers continue to nosedive including 23% drop in London

HMO numbers continue to nosedive including 23% drop in London

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The number of Houses of Multiple Occupation (HMOs) in England is continuing to nosedive, official statistics seen by LandlordZONE reveal.

Build-to-rent sector reveals record period of growth

Build-to-rent sector reveals record period of growth

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News
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Build-to-rent (BTR) continues its seemingly unstoppable march across UK cities, with the British Property Federation reporting that 58,000 homes had detailed planning permission in Q4 2023, the highest number on record.

Landlords rush to sell before March deadline

Landlords rush to sell before March deadline

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For landlords who thought they'd left their problems behind in 2023, think again. 2024 isn't letting up, and the system continues to be unfair for a growing number of them.

Landlord evicts all his HMO tenants after CHAINSAW incident

Landlord evicts all his HMO tenants after CHAINSAW incident

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News
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A landlord has evicted all his tenants from an HMO after a man forced his way into the property with a chainsaw after hearing that his stepdaughter had been bullied by fellow residents.

Cannabis-growing landlord sentenced to 11 years in prison

Cannabis-growing landlord sentenced to 11 years in prison

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News
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A landlord who allowed cannabis farms to operate in 17 of his 72 properties as part of a multi-million-pound drugs operation has been jailed for 11 years.

BTL entrepreneur named one of UK's most successful young business people

BTL entrepreneur named one of UK's most successful young business people

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A 30-year-old entrepreneur specialising in buy-to-let investment and lettings has been named one of the UK’s top young business people.

Council threatens landlords with £5,000 fines over EPCs

Council threatens landlords with £5,000 fines over EPCs

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News
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Private tenants in the South West will save hundreds on their energy bills following a council’s push to identify those with failed Energy Performance Certificates (EPCs).

Understanding the challenges in the commercial property market

Understanding the challenges in the commercial property market

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A crisis in the making? Will commercial property owners come through the looming debt repayment crisis unscathed?

Leasehold reforms fail to solve most problems, says expert

Leasehold reforms fail to solve most problems, says expert

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Leaseholders won’t see all the hoped-for benefits from the Leasehold and Freehold Reform Bill unless significant changes are made, according to a leading expert.

Rogue landlord fined thousands after refusing to fix broken stairs

Rogue landlord fined thousands after refusing to fix broken stairs

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News
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A rogue landlord who failed to repair serious safety hazards in his property has been ordered to pay more than £3,000.

'More carrot' for landlords to improve energy efficiency urges mortgage boss

'More carrot' for landlords to improve energy efficiency urges mortgage boss

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The Government must use ‘carrot’ as well as ‘stick’ policies as it attempts to improve the energy efficiency of the private rented sector, a leading mortgage broker as claimed.

Could you win through in the ultimate landlord knowledge quiz?

Could you win through in the ultimate landlord knowledge quiz?

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News
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How often do a property’s electrical tests have to be completed? What’s the minimum EPC level for a property to legally rented out? What’s the difference between a large and small HMO?