Oct
17

Retainer for cleaning and deposits?

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With reference to retainers and deposits, if a Landlord puts his/her property in the hands of a letting agent on a fully managed service, when the fees are all calculated for the prospective tenant to pay, can the Landlord ask for a £200 retainer on top of the deposit and all the agents fees and… Read more

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Oct
17

Welsh Government will not axe 3% surcharge on buy-to-let homes

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The 3% surcharge on buy-to-let homes will continue to be levied in Wales – despite hopes it would be ditched when the new Land Transaction Tax comes into force. Stamp duty land tax will be devolved in April next year and RLA has been campaigning for Westminster’s 3% stamp duty levy on the purchase of […]

The post Welsh Government will not axe 3% surcharge on buy-to-let homes appeared first on RLA Campaigns and News Centre.

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Oct
17

Shelter wrong on rented housing

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Shelter’s ongoing assault on the private rented sector is plain wrong. As it today publishes statistics on the standard of rented housing in the UK, Shelter fails to explain why the English Housing Survey found 82% of  PRS tenants are satisfied with their accommodation – a higher proportion than the social rented sector. Shelter’s report refers to the instability […]

The post Shelter wrong on rented housing appeared first on RLA Campaigns and News Centre.

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Oct
17

The correct way to end shared AST?

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My 3 tenants have a joint AST agreement. Unfortunately, 2 want/need to leave (been offered better job outside London/ having year out traveling). The remaining tenant wants to stay but doesn’t know 2 others to share with. I absolutely do not want my lovely flat turned into an HMO, so I am now having to… Read more

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Oct
17

Capital allowances on Furnished Holiday Lettings

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Hi, I would like to clarify something to do with the disposal/cease of an Furnished Holiday Letting (FHL) property business with relation to the Annual Investment Allowance (AIA) I intend to claim at the outset of the business. If I have only one FHL and I’m told that the AIA I can claim would amount… Read more

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Oct
17

Tory peer: Osborne was wrong on landlord tax grab

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Senior Conservative Peer Lord Flight has accused the former Chancellor, George Osborne, of exacerbating the housing crisis through his cash grab on landlords. The former Shadow Chief Secretary to the Treasury warns that planned MIR changes and the new 3% stamp duty levy on the purchase of homes to rent will drive up rents and […]

The post Tory peer: Osborne was wrong on landlord tax grab appeared first on RLA Campaigns and News Centre.

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Oct
17

Students lose home though landlord’s error

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When a Newcastle landlord failed to get planning permission and a license for an HMO (house in multiple occupation) he rented out in the town, council officials took action. The student house at 41 Eskdale Terrace has been served an enforcement notice by Newcastle City Council, requiring the landlord to cease all the lettings as […]

LandlordZONE.

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Oct
17

Conservative Peer attacks cash grab on landlords

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A senior Conservative Peer has accused the former Chancellor, George Osborne, of exacerbating the housing crisis through his cash grab on landlords. In an article for the RLA Lord Flight, who previously served as Shadow Chief Secretary to the Treasury, warns that the decision to tax landlords on income instead of profit and bring in […]

The post Conservative Peer attacks cash grab on landlords appeared first on RLA Campaigns and News Centre.

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