Woking Announces Selective Licensing Consultation
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Woking Council is proposing a new 3 year Selective Licensing scheme in parts of the Town Centre and Maybury areas. If approved, the licence could set landlords with houses in the designated areas back £560. After considering the proposed area, the local authority is encouraging all landlords, residents, and stakeholders to provide feedback on the […]
The post Woking Announces Selective Licensing Consultation appeared first on RLA Campaigns and News Centre.
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Social Media Tips for Landlords
Social media is the best thing since sliced bread or evil incarnate – depending on your perspective. For landlords, however, it is a seriously useful tool. Landlord software helps you deal with the admin of running a property business, but social media assists you in other ways. It makes sense to leverage your social media […]
… LandlordZONE.
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Re-mortgage questions?
I’m struggling to find a lender who will remortgage a property I own outright. My intention is to use the money part for debt consolidation and part as a deposit for another property but through a ltd. company. The broker keeps saying it’s for business purposes and they won’t lend. Does anyone know of any… Read more
The post Re-mortgage questions? appeared first on Property118.com.
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AirBNB or Holiday Lets instead of standard AST?
I’d like to hear any thoughts on these options. On face value they appeal for a couple of reasons: 1 – perception that income returns are better than BTL 2 – tax benefits – the ability to add value through renovation and offset this against future income tax bill Does anyone have any key tips… Read more
The post AirBNB or Holiday Lets instead of standard AST? appeared first on Property118.com.
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MP issues rallying cry against tax changes
James Gray is the Conservative Member of Parliament for North Wiltshire. He served as a special adviser for Housing Ministers between 1992 and 1995. Writing exclusively for the RLA he explains why MPs need landlords to join the fight against mortgage interest relief changes and how you can make a difference. “As an MP, I know how hard the […]
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Tenant gives notice by text and then changed their mind?
A Tenant gave notice by text. I have promised the property to someone else. The tenant then changed their mind and doesn’t want to move out. I would prefer it if they did move out. What is my legal position? Many thanks Terry
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Creating own property management company to save tax
I currently self manage my 15 buy to let properties in the Greater London region. I want to legitimately reduce my property income so was thinking of creating a property management company whereby I transfer 6% of the annual rent as a service fee to the property management company. I am happy to create monthly… Read more
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DWP plan to withdraw landlord payments thwarted
DWP plans to divert Universal Credit “Managed Payments to Landlords” (MPTLs) away from landlords have been defeated following intervention by Universal Credit expert Bill Irvine and the RLA. The plan also affected Discretionary Housing Payments (DHPs) which are extra ‘top-up’ sums paid out to help benefit claimants who are struggling to pay their rent. Mr […]
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Tenant damage, depreciation allowances and Arbitration?
I apologise now for the length of this article but its a bit complex: I have a dispute with a tenant who has just left my property after 3.5 years. There are two bright pink tennis ball sized stains in the centre of the living room carpet (quality wool mix 6 years old). Professional cleaning… Read more
The post Tenant damage, depreciation allowances and Arbitration? appeared first on Property118.com.
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Government plans won’t solve housing problems
Plans to boost the supply of homes to rent announced in the Housing White paper of 7th February 2017 will fall flat on their face without support for individual landlords. Whilst welcoming the change in emphasis toward renting and away from a narrow focus on home ownership in the Housing White Paper, the Residential Landlords […]
… LandlordZONE.
View Full Article: Government plans won’t solve housing problems
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