What will a Hung Parliament do to Renting?
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The votes have been cast and the dust has settled on an unnecessary snap election. And just like the Brexit referendum it had an unpleasant and unexpected sting for the Prime Minister. The Conservatives have emerged bruised, but still the largest party, Labour and Jeremy Corbyn surprisingly resurgent, the Scottish Nationalists battered from all sides, […]
The post What will a Hung Parliament do to Renting? appeared first on RLA Campaigns and News Centre.
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Setting Up A Property Partnership
Joint property owners normally declare rental profits on their self-assessment tax returns in proportion to their ownership. This is because HMRC’s default position is to treat rental profits from jointly owned property (joint tenancy) as 50:50 if there are two owners, one third each if there are three owners and 25% each if there are… Read more
The post Setting Up A Property Partnership appeared first on Property118.com.
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Will it be May-hem for the PRS?
The results are in. Theresa May called a General Election in April to increase her majority when the polls showed an open goal. Now the people have spoken and the Conservatives have lost their out-right majority. After 649 of 650 seats have been declared, the Conservatives hold on to 318 seats, with the Labour Party […]
The post Will it be May-hem for the PRS? appeared first on RLA Campaigns and News Centre.
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Housing Minister loses his seat…
Politics – Breaking News: Gavin Barwell, the Conservative Housing Minister, has lost his Croydon Central seat to Labour in what has been a disastrous election night for the Tories. From having a relatively comfortable majority of 17, Mrs May’s gamble to gain more has backfired to such an extent that the Conservatives, if they are […]
… LandlordZONE.
View Full Article: Housing Minister loses his seat…
My Loft space Vs Freeholder’s will to build more flats?
I’ve recently purchased a lease hold, top floor flat, with a leasehold stating the loft space is part of the flat. Moved in couple of weeks ago, and settling in. Two weeks later (yesterday) i received a call from the freeholder himself wanting to arrange a meeting about buying the loft space, so he can… Read more
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SDLT penalising landlords taking the plunge to move out from parents homes!
After a lot of research I have unfortunately learned that the new SDLT rates with a 3% surcharge will apply to myself. I am currently a landlord, but still living with parents. I am in the process of buying my first main residential property however, as I am not selling any home ‘disposing’ and only… Read more
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SDLT on beneficial transfer to spouse – No mortgage – Want To Utilise Both CGT Annual Exemption Allowances on Sale
I’ve been looking at whats been said on this already and I’m a bit confused. Let me describe my scenario. My wife has a property, gifted to her in her name, bought a couple of years ago for £285k. She now wants to sell. Its value is £320k. We have other rental properties owned jointly… Read more
The post SDLT on beneficial transfer to spouse – No mortgage – Want To Utilise Both CGT Annual Exemption Allowances on Sale appeared first on Property118.com.
View Full Article: SDLT on beneficial transfer to spouse – No mortgage – Want To Utilise Both CGT Annual Exemption Allowances on Sale
Election day: Don’t forget to vote
The country goes to the polls today with the two major parties almost neck and neck. The RLA has campaigned relentlessly ahead of the General Election, putting forward a manifesto of six key demands outlining practical ways the government can help the PRS as well as lobbying prospective MPs for support. This week we have looked at what the government can […]
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Call of the week- section 8 dates
Recently a landlord contacted us regarding a problem tenant who had been living in his property for the last couple of months. The tenant had moved in and almost immediately stopped paying rent. Not only that, they had also been throwing wild parties and at one point, they’d picked a fight with the next door […]
The post Call of the week- section 8 dates appeared first on RLA Campaigns and News Centre.
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Common Tenant Deposit issues answered
During our recent webinar on the eviction of private tenants, we received a number of questions relating to tenant deposits. In this article, our guest presenter Yezdan Izzet from Bolt Burdon answers all the deposit-related questions that were raised. If a deposit has not been registered is it worth registering it prior to the hearing… Read more
The post Common Tenant Deposit issues answered appeared first on Property118.com.
View Full Article: Common Tenant Deposit issues answered
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