VAT Time Bomb for Property Investors Following Rent to Serviced Accommodation (R2SA) Business Models

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For years, the Rent to Serviced Accommodation (R2SA) business model has been championed as a low-cost entry point into property investment. Promoted heavily by property education courses, this strategy involved leasing residential properties, forming Limited Companies, and subletting those properties as short-term lets under the Tour Operators’ Margin Scheme (TOMS).

View Full Article: VAT Time Bomb for Property Investors Following Rent to Serviced Accommodation (R2SA) Business Models

Government to consult on EPC C rating for the PRS

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The UK government is set to finally unveil its long-awaited consultation on new energy efficiency standards for private rented properties.

Plans are expected to include a requirement for all rental homes to achieve an Energy Performance Certificate (EPC) rating of C or equivalent by 2030.

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VAT Bombshell for Serviced Accommodation: Upper Tribunal Ruling Shakes the Industry

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“This ruling could spell financial disaster for operators and property owners alike.” That’s the message echoing across the serviced accommodation industry following a dramatic reversal by the Upper Tribunal (Tax and Chancery Chamber) in the HMRC v Sonder Europe Ltd case.

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Just when landlords thought it couldn’t get any worse

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Just when landlords thought matters couldn’t get any worse, a new clause 11 is proposed for the Renters Rights Bill.

The new clause 11 concerns restrictions on the requirement for tenants to provide a guarantor with details below:

“(1) A relevant person [i.e.

View Full Article: Just when landlords thought it couldn’t get any worse

Can I break my PSL lease due to a tenant’s ASB?

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Hi, I have recently joined the private sector leasing scheme (PSL) with my local council to help house local families.

When I met with the housing officer, I stipulated that I would only be interested in signing up

View Full Article: Can I break my PSL lease due to a tenant’s ASB?

Market sees record home seller numbers and rising prices – Rightmove

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The average price of property coming to market in the UK has risen by 1.7% this month to £366,189, the largest jump at the start of the year since 2020, Rightmove has revealed.

This increase follows a record number of early-bird sellers entering the market since Boxing Day

View Full Article: Market sees record home seller numbers and rising prices – Rightmove

Rental demand dips in the final quarter of 2024

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Tenant demand for rental properties in England experienced a seasonal decline in the fourth quarter of 2024, research reveals.

According to Zero Deposit, there was a 7.3% quarterly drop in demand, which follows an annual decline of 2.6%.

View Full Article: Rental demand dips in the final quarter of 2024

Landlords: Would you start in BTL in 2025 if given the choice?

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Despite a growing landlord exodus – which the housing minister Matthew Pennycook disbelieves – would you start as a landlord in 2025? There are reasons for and against. I’d like to hear your views because I try –

View Full Article: Landlords: Would you start in BTL in 2025 if given the choice?

Call for the strong enforcement of the Renters’ Rights Bill

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One organisation says that while changes to rental law are vital, they are only the ‘first step’ in rebalancing power in the private rented sector (PRS).

Nationwide Foundation warns that the passing of the Renters’ Rights Bill in its progress to becoming law is not enough to address the deep-seated issues facing 11 million private renters.

View Full Article: Call for the strong enforcement of the Renters’ Rights Bill

Is now the perfect time to sell your properties before the Renters’ Rights Bill becomes law?

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News this week of the Renters’ Rights Bill returning to Parliament and getting ever closer to becoming law by the summer of this year has sent alarm bells ringing.

Abolition of Section 21, banning advance rent payments and more powers given to councils to fine landlords

View Full Article: Is now the perfect time to sell your properties before the Renters’ Rights Bill becomes law?