Renters’ Rights Bill could worsen housing crisis – Propertymark

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The unintended consequences of the Renters’ Rights Bill for the private rented sector (PRS) could make the housing crisis worse, Propertymark warns.

It says that while the Bill is designed to protect tenants, landlords who cannot gain possession will leave the PRS –

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Tenant In Prison – How I Helped To Solve The Rent Arrears Problem

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A professional landlord with a large portfolio faced a challenging situation when their tenant stopped paying rent and failed to communicate. Upon visiting the property, the landlord was met by an unfamiliar young woman, later identified as the tenant’s partner.

View Full Article: Tenant In Prison – How I Helped To Solve The Rent Arrears Problem

Chancellor Rachel Reeves eyes capital gains tax hike to 39%

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Chancellor Rachel Reeves could hike capital gains tax to a whopping 39%, according to The Guardian.

The newspaper reports the Treasury is testing a range of 33%-39% for capital gains tax to fill in the so-called £22 billion black hole in Britain’s finances.

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Is Incorporation Legal Tax Planning or Tax Avoidance? | A Judicial Perspective

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The following quotes reflect an evolving judicial attitude towards tax planning in the 21st century, with increasing emphasis on the need for commercial substance in tax planning arrangements and a clearer demarcation between legitimate planning and avoidance.

Lord Steyn in Inland Revenue Commissioners v Fitzwilliam [1993] STC 502:

“Tax planning is acceptable

View Full Article: Is Incorporation Legal Tax Planning or Tax Avoidance? | A Judicial Perspective

Nigel Farage slams Renters’ Rights Bill and EPC rules

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Nigel Farage has slammed the Renters’ Rights Bill as a “huge mistake” and says Ed Miliband’s EPC C rules will cost a fortune for landlords.

In an interview with GB News, Mr Farage says the Renters’ Rights Bill will reduce housing supply and cause chaos in the rental market.

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The North East tops the UK for rental yields

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The North East of England has emerged as the UK’s top region for rental yields with landlords achieving average returns of 8.13%, Paragon Bank reveals.

It found that the region outperforms other parts of the country

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Will Labour Scrap Incorporation Relief for Landlords along with CGT hikes?

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With Labour now in power, landlords across the UK are bracing for potential changes in the next budget. Among the most pressing concerns is the possibility of the government scrapping incorporation relief for rental property businesses. If this comes to pass

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Renters’ Rights Bill passes second reading

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The Renters’ Rights Bill has passed its second reading in Parliament with Angela Rayner promising to reform the rental sector.

The Bill now moves to the Committee Stage, where MPs will discuss its details such as the abolition of Section 21 and making it illegal for landlords and letting agents to discriminate against tenants on benefits and those with children.

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Older renters fear raising concerns with landlords – Survey

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Nearly one in five (18%) older tenants report feeling uncomfortable speaking up about issues with their rented home with the landlord, a survey reveals.

The poll was commissioned by Independent Age, an older people’s charity, which highlights the significant challenges faced by older renters in raising concerns with their landlords.

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Labour slammed for treating all landlords as ‘exploiters’

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The Renters’ Rights Bill will “wreck the rental market and drive up rents” warns Kemi Badenoch.

In a letter to The Telegraph, Ms Badenoch slams Labour for their one-sided view of landlords, accusing them of treating all landlords as “exploiters.”

She points out the irony that the only MP in Parliament found guilty of mistreating tenants is Labour’s own Jas Athwal.

View Full Article: Labour slammed for treating all landlords as ‘exploiters’