Landlords’ judicial review bid fails at High Court
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Landlords have failed in their attempt to force a judicial review of the Government’s controversial Mortgage Interest Relief plans. PRS landlords Steve Bolton and Chris Cooper were at the High Court today demanding the review into the changes to MIR proposed under section 24 of the Finance (No.2) Act 2015, which will stop buy-to-let costs […]
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Don’t get stuck in the wrong development loan
This year we have seen an increase in the number of readers, who are also developers, asking for help to repay commercial development finance on recently completed properties. Then looking to replace the borrowing with loans that fit what they need now post completion. Every development project is different, but Malcolm Jones (Principal of Brooklands… Read more
The post Don’t get stuck in the wrong development loan appeared first on Property118.com.
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Students Threaten Nationwide Rent Strike
As students plan nationwide rent strikes, annual report reveals priciest and cheapest locations to live as a student. – Latest research from Accommodationforstudents.com (AFS) reveals average weekly student rent in the UK stands at £86.76, a £1.27 increase from 2015 – Average weekly rent costs are highest in London (£136.61) and South of England (£94.71) […]
… LandlordZONE.
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Shelter’s Position on the Tenant Tax
I have become increasingly frustrated at Shelter’s position on the Tenant Tax so have decided to write the following letter to Campbell Robb, Shelter’s Chief Executive. Dear Campbell, I am having some difficulty understanding why Shelter has not come out against the Government’s plans to restrict finance cost relief for non-incorporated landlords. As you will… Read more
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Call of the week – council tax liability
Council tax liability is one of those issues we hear about regularly on the Landlord Advice Team. For many landlords it’s an unwelcome surprise when the council sends them a bill for unpaid council tax after a tenant has left the property. And in many cases, the landlord is not actually the one liable for […]
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Dead of severance?
We are considering changing our property’s from Joint tenancy to Tenants in common. I am a higher rate tax payer, my wife is retired. The 1% / 99% split respectively. Would we be allowed to allocate the income therefor reducing our tax liability. Many thanks Alan
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RICS claims landlords are “scapegoats” on tax
The buy-to-let landlord is being “scapegoated” but in reality the private rented sector (PRS) needs to be supported by government. That’s according to a recent media release from the Royal Institution of Chartered Surveyors (RICS). Recent punitive tax hikes on the buy-to-let landlord will deter them from investing and from increasing much needed supply of […]
… LandlordZONE.
View Full Article: RICS claims landlords are “scapegoats” on tax
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