Landlords reassured on Finance Bill changes
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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.
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Property118 Action Group Latest Campaign Updates – 12/09/2016
Bank of Ireland legal action strategy revealed at last – NO-WIN-NO-FEE – details HERE Skipton Building Society legal action – now taking expressions of interest. Strategy previously revealed, CLICK HERE for updated details (includes Amber Homeloans borrowers) SAVE THE DATE – 8th October 2016 – details of our massive publicity stunt HERE Section 24 Judicial… Read more
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Bank of Ireland Legal Action – NO-WIN-NO-FEE
We are now ready to begin legal action on behalf of Property118 Action Group members affected by the Bank of Ireland decision in 2013 to increase the differential charged on their tracker rate mortgage products. Many of those affected by the sudden increase in their mortgage payments, despite there being no increase in the bank base… Read more
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Skipton Building Society Scam – Mortgage Overcharging
This is the definitive guide to the Skipton Building Society scam. The cheeky so-and-so’s have been overcharging many of their mortgage borrowers by £1,000’s every years since 2010. We are very confident that if we ever get Skipton Building Society scam into Court we will win the case and secure massive refunds of overpaid interest for each… Read more
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