No laughing matter
Part I of the Landlord and Tenant Act 1987 gives residential tenant leaseholders in a mixed-user building (subject to qualifying criteria) the right of first refusal should the landlord want to sell. Normally, the required notice is served on the lessee(s) at the onset and if the tenants want to buy then there is a […]
… LandlordZONE.
View Full Article: No laughing matter
Derbyshire Landlord & Letting Agent Expo
The 2016 Expo will be on Thursday 20th October at the Toyota Suite, iPro, Pride Park, Derby DE24 8XL. Visitors to the free Derbyshire Landlord & Letting Agent Expo, will be able to benefit from the very latest rental advice and support from the region’s property professionals. There will be plenty of advice and guidance… Read more
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Landlords reassured on Finance Bill changes
The Government has reassured landlords that amendments recently tabled to the Finance Bill will not affect PRS landlords. The RLA raised concerns about the proposed changes, which it believed blurred the distinction between trading profits from the purchase and resale of property and investment in homes to let. The Law Society also warned that the […]
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Lodger to Tenant to Lodger – or just a holiday?
I’m asking this question on behalf of my niece. She is in an interesting situation and I wondered if anyone could offer any advice or warnings. She owns a flat in Glasgow that she lives in herself. She has a friend who is also a lodger. On my advice she has a lodger agreement in… Read more
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Gas Safety Week: What are your responsibilities?
Next week is Gas Safety Week, with landlords around the country being reminded of their obligations when it comes to keeping tenants safe. Badly fitted and poorly serviced gas appliances can cause gas leaks, fires, explosions and carbon monoxide poisoning, which can kill quickly with no warning and affects thousands of people each year. Landlords […]
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Repair expenses – certain reliefs are no longer allowable?
My accountant has advised me that I can no longer claim for replacement carpets even though they are heavily worn. In fact, not just carpets but anything replaced, I can only claim for actual repairs. So if I replace that 10 year old worn out fitted kitchen I can’t claim relief, where as if I… Read more
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RLA welcomes new Welsh tax plans
New plans to replace Stamp Duty Land Tax in Wales have been hailed as great news for landlords and tenants. The Residential Landlords Association Cymru is backing the Welsh Government’s proposals to establish a new Land Transaction Tax from 2018 to replace Stamp Duty. The plans were revealed in a new Bill published this week. […]
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Lease Covenants Discrimination?
I have been told by the Directors that I am breaking the terms of my lease by having Laminate/wooden floor instead of carpet and sub-letting the flat out. However I have found 6 instances from recent flat sales in the same block that have wooden flooring and I have also identified other landlords in the… Read more
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Who are Britain's landlords?
Well, contrary to popular belief and tradition, they are no longer the landed gentry or the rich overloading over the poor; they are more likely to be ordinary working or professional, middle class investors who are looking to a secure future for themselves and their families, to pay school fees or secure a pension income. […]
… LandlordZONE.
View Full Article: Who are Britain's landlords?
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