Landlords and Class 2 National Insurance
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The outcome of our due diligence on this matter is that Landlords are NOT obliged to pay Class 2 National Insurance, regardless of whether they are running a business, unless they are also a trade. Furthermore, payment of Class 2 National Insurance also has no bearing whatsoever on claims for incorporation relief under Section 162 TCGA. The above… Read more
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CORRECTION – Landlords and Class 2 National Insurance
It has transpired that we made a mistake in our interpretation of whether or not Landlords should pay Class 2 National Insurance. The outcome of further investigation and professional advice is that Landlords are NOT obliged to pay Class 2 National Insurance, regardless of whether they are running a business. Furthermore, payment of Class 2 National Insurance… Read more
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Revised Memorandum of Understanding between redress schemes
The three government approved redress schemes; The Property Ombudsman (TPO), Ombudsman Services: Property and The Property Redress Scheme have today issued a revised version of their Memorandum of Understanding (MOU). Established to support the ongoing communication between the three redress schemes where relevant, the MOU ensures that any agent with an outstanding award with one… Read more
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The North Staffordshire Landlords’ Conference
Thursday 8th June 2017 King’s Hall, Kingsway, Stoke-on-Trent, ST4 1RN 9.00am to 5.00pm Why not come along to the first North Staffordshire Landlords’ Conference, meet some like-minded people and learn about the latest important issues facing landlords. The Landlord Conference Guest speaker is Tessa Shepperson from Landlord Law. There are talks from local Barristers, Tax […]
… LandlordZONE.
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Confusion over rental market prices and demand
Homelet’s recently released rental index shows UK rental prices have fallen in May for the first time since 2009 by 0.3% with the average rent now at £901. This may not be statistically significant over a one month period, but the biggest regional fall was in London of 3% compared to May last year. Martin… Read more
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What to do with my Buy to Let property now I’m married
I’ve just got married and I’m wondering if this changes how I should manage my buy to let property. I own a buy to let property with a mortgage (both solely in my name). The property is worth approximately £350k and the mortgage is £262,500 and 75% LTV – the monthly mortgage payment is about… Read more
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The RLA’s Manifesto: Warmer, healthier homes
In just under a year a new legal requirement will be in force for new tenancies in the private rented sector to have an energy performance rating of ‘E’ or above on an Energy Performance Certificate (EPC). If the property doesn’t meet this standard then it will be illegal to let it for any new […]
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John Healey: Labour offers a New Deal on Housing
After seven years, it’s clear Tory Ministers have no plan to fix the country’s housing crisis. Theresa May only offers another five years of the same, with her manifesto confirming that on housing it’s ‘carry on Conservatives’. There are no new plans or new investment and there is no serious attempt to fix what Ministers […]
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Legionella and Landlords
Legionella Testing: Since the introduction of new regulations which include smaller water supplies regarding Legionella risks, landlords and agents have either reacted with alarm or they are totally in the dark about them. So much so that the authorities including the Health & Safety Executive (HSE) and the Chartered Institute of Plumbing and Heating Engineering […]
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