LandlordZONE Update - Conservative think-tank sees end of buy-to-let tax break

Conservative think-tank sees end of buy-to-let tax break

  Conservative think-tank sees end of buy-to-let tax break

Tax Landlords:

Private landlords are putting home ownership beyond the reach of at least 2 million families, that’s the conclusion of a radical new report from a new Conservative think tank “Onward”.

The Conservatives are concerned about the “unbalanced” nature of the housing market and how it may affect future voting patterns. With now approximately…

Evidence grows that landlords are leaving the BTL market

  Evidence grows that landlords are leaving the BTL market

Buy-to-Let:

Several recent studies are producing evidence that the number of buy-to-let landlords quitting the sector is on the rise, despite equally credible evidence that tenant demand is rising.

Growth in the buy-to-let sector is said to be declining now as a result of private landlords reacting to the raft of tax, mortgage finance and…

Landlords being advised to keep in mind next EPC deadline

  Landlords being advised to keep in mind next EPC deadline

Energy Efficiency:

Since 1 April 2018 it is an offence to rent out a property on a new tenancy, both residential and commercial properties, which includes a renewal tenancy, without a valid Energy Performance Certificate (EPC), which normally means having a minimum energy performance rating of E.

So far existing tenancies are exempt, but landlords…

The government has produced a series of PRS guides

  The government has produced a series of PRS guides

PRS Guides:

New ‘how to’ guides include checklists for new and existing tenants, landlords and letting agents which the government says will “help renters and leaseholders to know their rights.”

The list includes the latest version (June 2018) of the mandatory “How to Rent Guide.

Landlords, leaseholders and tenants will be:

“armed with vital information…

Landlord-tenant dispute turns nasty

  Landlord-tenant dispute turns nasty

Tenant fined:

Any landlord-tenant dispute has the potential to get nasty. Apart from violence to the person, and given that the landlord’s property is in open view, it’s not unheard of that a tenant will take out revenge on the rental property itself. For example, attacking perhaps the most vulnerable parts of the property, windows,…

Government issues new HMO and licensing guidelines

  Home-Inspection

HMO Guidelines:

The Ministry of Housing, Communities and Local Government (MHCLG) yesterday published a new set of guidelines for landlords on the legislative changes for HMOs and also for selective licensing.

The guidance document includes details about the new legislation extending mandatory licensing to smaller HMOs and introducing minimum bedroom sizes, as the Government continues…

Mandatory Client Money Protection coming soon

  Mandatory Client Money Protection coming soon

Client Money Protection:

The government has confirmed that all property agents in England will need to be part of an approved Client Money Protection (CMP) scheme by April 1 next year.

Client Money Protection (CMP) is a compensation scheme which recompenses landlords and tenants should an agent misappropriate their rent, deposit or other client funds.…

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