The Credit Crunch Boosted Landlords’ Fortunes
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The “Credit Crunch” was a disaster for many property investors, those who found themselves overexposed at a time when property values more than halved overnight in some cases. Many naïve investors, who were talked into putting their hard earned cash into city centre apartments, and foreign off-plan developments, hundreds and sometimes thousands of miles from […]
… LandlordZONE.
View Full Article: The Credit Crunch Boosted Landlords’ Fortunes
Underwriting standards – how will they affect you?
Following the PRA announcement that new underwriting standards will be introduced for buy-to-let mortgages RLA company secretary Richard Jones has produced a briefing informing landlords how the new rules will affect them. The Bank of England Prudential Regulation Authority (PRA) has now issued new underwriting standards for buy to let mortgages which they regulate. The […]
The post Underwriting standards – how will they affect you? appeared first on RLA Campaigns and News Centre.
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Mohammed hits back at landlord tax changes
Mohammed Ali, not the boxer but a landlord from Birmingham has already done the necessary tax planning to nullify the effects of the tax changes that will affect over 500,000 landlords from April 2017. He and his wife are full time landlords and don’t have any other income from any other sources. All properties were in… Read more
The post Mohammed hits back at landlord tax changes appeared first on Property118.com.
View Full Article: Mohammed hits back at landlord tax changes
Launch of online tool to combat rental fraud
As a first for the industry RentProfile https://www.rentprofile.co/ has launched a service that can verify a landlord’s credentials for any UK rental opportunity, helping prevent rental fraud. The service aims to provide greater peace of mind to renters who are transferring large amounts of money in deposit and first rent payments. In 2015, Action Fraud received 3193 […]
The post Launch of online tool to combat rental fraud appeared first on RLA Campaigns and News Centre.
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Change of Tack – Landlord Tax Campaigning
You may have noticed that in the last week or so our articles regarding tax changes affecting landlords have shifted slightly away from campaigning towards highlighting solutions. We continue to vigorously support the various campaigns of course, and pictured below you will see Steve Bolton who co-founded the “Axe The Tenant Tax” campaign with Chris Cooper… Read more
The post Change of Tack – Landlord Tax Campaigning appeared first on Property118.com.
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Change of Tack – Section 24
You may have noticed that in the last week or so our articles regarding tax changes have shifted slightly away from campaigning towards highlighting solutions. We continue to support the various campaigns of course, and pictured below you will see Steve Bolton who co-founded the “Axe The Tenant Tax” campaign with Chris Cooper holding a cheque from… Read more
The post Change of Tack – Section 24 appeared first on Property118.com.
View Full Article: Change of Tack – Section 24
Property118 Stats – OMG!
Our target for this year of 5 million page views seemed very ambitious when we first set it. However, we have smashed through it already and our stats over the last week are higher than ever. Is this a sign that the PRS is one step closer to coming together? See the stats below showing annual growth and another… Read more
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Should I wait 2 years or appeal to freeholder for lease extension?
I’ve recently completed on a flat with an 87 year lease; I want to extend this lease, but should I wait for the 2 years (giving me the right to extend), or try and appeal to the freeholder and get him to agree to extend before the 2 years? Are there pros and cons? And… Read more
The post Should I wait 2 years or appeal to freeholder for lease extension? appeared first on Property118.com.
View Full Article: Should I wait 2 years or appeal to freeholder for lease extension?
Does 2nd Charge affect Ist Charge Loan To Value (LTV)?
I currently have 4 Mortgages with one of High Street Leading Bank on Buy To Let basis. The LTV has always been below 60% as such I always qualified for best possible deals on my properties with them due to low LTV. However, recently, instead of taking further advance, due to their stringent criteria, I… Read more
The post Does 2nd Charge affect Ist Charge Loan To Value (LTV)? appeared first on Property118.com.
View Full Article: Does 2nd Charge affect Ist Charge Loan To Value (LTV)?
Rent Smart Wales Registration deadline…
There could soon be thousands of Welsh residential landlords in breach of the law if they fail to carry out a new landlord registration procedure, introduced under the Cardiff government’s ambitious Wales-wide registration scheme. The Rent Smart Wales scheme requires landlords to register and undergo training in the responsibilities and obligations of a landlord, or […]
… LandlordZONE.
View Full Article: Rent Smart Wales Registration deadline…
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