DWP Helpline for landlord clarification

admin    Uncategorized     agents

I have noticed that there are a few articles floating around the landlord community regarding a new landlord helpline for landlords that have tenants on Universal Credit.

In one article it states “The new number 0345 600 4272 can be used by landlords who are unable to obtain the tenant’s co-operation to get DWP to supply information when it comes to enquiries about major payments – such as a direct payment to the landlord.”

I would like to clarify that the number that has been provided is the Universal Credit full service number which has always been in use, the number is not specific to landlords and can be used by both claimants and landlords who need assistance.

If the landlord wishes to discuss a new APA that has recently been submitted the landlord still requires “explicit consent” from the tenant to discuss the claim.

Landlords can use this number to discuss existing APAs that are already been put in place as consent has already been provided by the claimant in order for the APA to be set up.

DWP issued new guidance on Universal Credit via the gov.uk website on 4th August 2017, for more information please follow this link

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Financial Planning / Tax Advice needed

admin    Uncategorized     agents

Dear all,

I am a landlord with 3 rental properties that all earn a reasonable profit (and therefore tax). The properties are jointly in my name and my wifes.

I am currently employed but my wife has recently decided to take a 1-2 year (maybe longer) break to look after our children.

In addition, I have just accepted a job in Atlanta, USA and we will be re-locating in January for approximately 2 years.

I have always done my own tax returns as up until now it’s been relatively straight foward. However, I feel now that I need professional advice to minimise my tax liability.

What I’m mainly considering is whether now is a good time to pass ownership of the properties to my wife as she will not be earning an income. I’m open to other ideas/strategies!

Can anyone point me in the right direction of who / how I can get help?

Many thanks!

Mike D

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