BBC Radio 4 You & Yours Interviews Landlord & Tenant Interviews
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This Radio 4 “You and Yours” program interviews a tenant who will be made homeless as a result of not being able to afford the market rent which her landlord now needs charge in order to cover the extra tax he will have to pay on his mortgage interest due to section 24 legislation restricting… Read more
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How good are your accountants at tax planning?
I am constantly amazed at the poor service most accountants provide in terms of tax planning. I’m generalising of course, but my experience is that around 90% of accountants simply accept the status quo and report information to HMRC on the basis it is presented to them. For example, my consultations often reveal that accountants have… Read more
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Bedford Landlord Forum
Bedford Borough Council are holding a Landlord Forum on Wednesday 3rd May to help local landlords understand the licensing requirements for Houses in Multiple Occupation (HMO). The forum is at 6pm for a 6:30 start in the Howard Room, Bedford Corn Exchange. For directions visit the Corn Exchange website. There will be presentations and updates […]
The post Bedford Landlord Forum appeared first on RLA Campaigns and News Centre.
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Blackburn with Darwen Borough Council to Go Ahead with Licensing
On the 16th February 2017 Blackburn with Darwen Borough Council made the decision to designate the Darwen Area of Blackburn with Darwen as an area of Selective Licensing. The designation will come into force from the 16th May 2017, a licence will last for 5 years. The licence fee is £750 per property for the 5 […]
The post Blackburn with Darwen Borough Council to Go Ahead with Licensing appeared first on RLA Campaigns and News Centre.
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Debt problems forcing landlords to reconsider insurance cover
Today, debt is a huge problem for one in six UK adults, and for the nation’s two million landlords, tenants who fall into debt and fail to pay their rent on time, or even at all, is one of their biggest nightmares. According to National Statistics over 153,500 landlords, in England and Wales alone, looked […]
… LandlordZONE.
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Landlords to be responsible for tenants tobacco tax evasion?
Just received the following from Local Landlords Association (Devon); HMRC consultation on preventing tobacco duty evasion: property implications HM Revenue & Customs (HMRC) has published a consultation on proposals to tackle tobacco duty evasion and other excise duty evasion. This follows an informal consultation in which several respondents suggested imposing a duty of care on… Read more
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Increasing a mortgage and claiming interest relief
HMRC Quote; If you increase your mortgage loan on your buy-to-let property you can also treat interest on the additional loan as a revenue expense, but only up to the capital value of the property when it was brought into your letting business. HMRC Example; You purchased a buy-to-let property for £120,000 with a mortgage… Read more
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Evicting Residential Tenants
Tenants seeking re-housing: It is a common occurrence for landlords that tenants approach their local authority to be re-housed and then ask the landlord to evict them. Tenants who are claiming re-housing by the local authority, from the position of a private tenancy, will be told not to leave their accommodation until they are evicted. […]
… LandlordZONE.
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