Packaged bank account costs?
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I’d imagine there’s a really obvious answer to this question, but, I have a separate bank account just for a rental property I have. If I change this account to a packaged bank account for £10 a month. (that gives me travel insurance, breakdown cover etc) Can I offset this £10 against the rental income… Read more
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RLA vice-chair addresses Lords committee
RLA vice-chair and director for Wales Douglas Haig has appeared before a House of Lords committee answering questions on the impact of the Government’s Making Tax Digital plans. Douglas appeared before the House of Lords Economic Affairs Sub-Committee, which was looking at the Draft Finance Bill for 2017, earlier today. He told the committee that […]
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Landlords to share views on White Paper with Housing Minister
Housing minister Gavin Barwell is currently on a regional tour, asking the property industry what it thinks of the new Housing White Paper, published earlier this month. The minister will be meeting landlords, letting agents, local authorities, developers, housing associations and estate agents to find out what they think of the document. The RLA criticised […]
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Straw poll on Mortgage renewal options?
I have been given these options for the renewal of the mortgage on one of the BTL properties I have. I thought I would put it out for suggestions from the forum members:- (A) Product (B) Loan Amount (C) Property Value (D) Interest Rate (E) Monthly Payment (F) Product Fee (added) (G) Valuation (H) Legal… Read more
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Referral fees for passing on deals?
I keep spotting potential deals that I don’t want to take on myself (various reasons such as out-of-patch, already committed, slowing down etc), and would love to package them up and pass them on to investors, for a referral fee each time. This would build my own cash pot for deals that do tick all… Read more
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Freeholder not doing repairs for 5 years, flat now uninhabitable
Bought a flat over 5 years ago in 2011 for son to live in whilst at uni, flat suffered damp problems which got progressively worse and were reported to managing agents numerous times by phone and email. It took the then managing agents nearly 2 years to get quotes for repairs and section 20 to… Read more
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Charity project awarded lottery funding
A charity project promoting equality and diversity in the Welsh PRS, to be delivered by the RLA, has been awarded a £249,425 lottery grant. The grant was awarded to Tai Pawb to set up and run the Open Doors project, a two year scheme to provide tenants from minority groups, landlords and letting agents in […]
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Generation Rent have produced a video telling tenants “How to Fight a Rent Hike in 10 Steps”
It is evident that Generation Rent has no comprehension of the impact on tenants of Section 24, and seem to think that we’re going to pocket the rent increases. http://www.generationrent.org/how_to_fight_a_rent_hike_in_10_steps This is further evidenced by Betsy Dillner, director of Generation Rent, who in the article below says “that landlords who propose to put up rents… Read more
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Are Holiday Lets worth considering as investments?
I have a few BTL flats and a couple of shops (ground floor of the flats) which I bought as investments/income generators. I wondered to what extent people go out and buy cottages or whatever specifically to run as holiday lets, or whether most holiday lets are inherited properties or outbuildings in the grounds of… Read more
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Buy to Let Tax campaign
Tax Campaign: The Residential Landlords’ Association (RLA) is organising a pre-budget campaign to get Mortgage Interest Relief (MIR) restored for buy-to-let landlords – #FightingMIRChanges The RLA are urging all landlords to contact their own MP to point out to them the consequences to both tenants and landlords of the imposition of this unfair and unprecedented […]
… LandlordZONE.
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