Got land?  Add a studio flat for £15k, no planning permission required.

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It has been confirmed by Councils that these studio flat accommodation units (usually) do not need planning permission, and they would qualify for the 1 bedroom self-contained rate of Housing Benefit (Local Housing Allowance).  Best of all, these fully fitted studio units only cost around £15,000. 

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DWP complaints system is not working!

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Since the roll out of Universal Credit many landlords have become more and more frustrated in DWP’s consistencies.

Recently, we have seen a large amount of complaints from landlords regarding DWP’s current complaint process. DWP are failing to respond to Stage One complaints within the 15 day period as stated in their policy and in most cases complaints are not even receiving a response.

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Best route to mitigate Stamp Duty for new landlord?

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Background is that we are looking to buy a new residential property and retain our current property as BTL. I work and am hitting 40% tax, my partner has no income.

Reading the forum (excellent BTW) I can see that setting a declaration of trust up would enable us to use her tax free allowance.

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The Daily Mail gets it?

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Daily Mail article published last night, Click here to view the full article:

How Britain’s £239bn buy-to-let bubble burst: Our devastating audit shows ‘amateur’ landlords have been ruined by tax penalties – and lost their pension plans

The article goes on to say:

“A deluge of taxes and an uncertain market has seen tens of thousands abandon the buy-to-let industry.

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DPS claim renting became more affordable in 2018

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Renting became more affordable in 2018 thanks to a combination of a once-in-a-decade fall in annual rents and wage inflation, according to The Deposit Protection Service (DPS).

2018 was the first calendar year since the global financial crisis of 2008 that average rents decreased in the UK

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