A million families to face rent increases due to tax changes
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Over the last year significant changes have been announced by the UK Government that will impact the future of the private rented sector. To assess the effect of these changes, we have developed a longitudinal research project to assess the state of the sector over the long term through a series of quarterly surveys. Currently […]
The post A million families to face rent increases due to tax changes appeared first on RLA Campaigns and News Centre.
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Decision on plan to ‘ban’ new HMOs due within days
Plans to severely restrict the number of new shared houses in two popular student areas of Cardiff will be decided this week. Cardiff Council is set to vote on the proposed Supplementary Planning Guidance (SPG) that will severely restrict new houses in multiple occupation (HMOs) in the city, particularly in Cathays and Plasnewydd. The council […]
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PRESS RELEASE from THE LANDLORDS UNION (Property118 Action Group)
How private landlords can avoid finance cost restrictions Research conducted by Property118, “The Landlords Union” into new landlord tax legislation by has revealed that, with proper planning, many more of the worst affected private landlords will be in a position avoid the effects of restrictions on finance cost relief than previously thought. What’s more, they… Read more
The post PRESS RELEASE from THE LANDLORDS UNION (Property118 Action Group) appeared first on Property118.com.
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Portfolio mortgages – To be or not to be?
We have 4 properties on BTL mortgages, all being in joint personal names with partner and high street lenders. Our LTV is ~60% on all properties, mostly because of higher value as being in London. The median rates is 1.8% with most on 2 year tracker. I wonder if we should go for portfolio mortgages?… Read more
The post Portfolio mortgages – To be or not to be? appeared first on Property118.com.
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6.52 sq metre minimum room size for HMOs
The Government has proposed a minimum room size of 6.52 sq metres (70 sq feet) for individuals or couples living in an HMO. This is in an effort to stop tenants from being crammed into overcrowded properties and to set minimum standards creating a level playing field for good landlords. This proposal will only relate… Read more
The post 6.52 sq metre minimum room size for HMOs appeared first on Property118.com.
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Why Ireland Is Reversing Finance Cost restrictions For Landlords
In 2009 the Irish government disallowed 25% of the interest cost in calculating a landlord’s taxable profit. This was retroactive because it applied to properties that were already owned, not just future purchases. This was partly amended as from 1 January 2016 because of the shortage of accommodation for tenants in receipt of certain social… Read more
The post Why Ireland Is Reversing Finance Cost restrictions For Landlords appeared first on Property118.com.
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LANDLORDS RESPOND TO NEW OVERCROWDING MEASURES
Commenting on the proposals published today by the Government to tackle rogue landlords, RLA Policy Director, David Smith, said: “We agree that tackling criminal landlords must be a priority. “We wait to see the full details, but powers are already available to tackle overcrowding which is about the number of people crammed into a room, […]
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Brexit vote does not dim buy-to-let
Buy-to-let has bounced back since the Brexit vote as the UK property sector fights back against government efforts to rein it in, new figures reveal. Rising numbers of properties are being listed online for rent amid growing purchase enquiries from potential buy-to-let investors, research has found. Rightmove, the leading property website, told the Financial Times […]
… LandlordZONE.
View Full Article: Brexit vote does not dim buy-to-let
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