Election day: Don’t forget to vote
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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 […]
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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
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Election Poll
With a critical election fast approaching we thought it would be enlightening for us all to know the views within the property industry: landlords, agents, and property professionals. Take a minute to vote in our poll and give us all the benefit of your preference. General Election 2017: Poll General Election 2017: Who Gets Your […]
… LandlordZONE.
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Holiday Lets avoid Section 24 mortgage interest relief reductions
The increasing tax burden on Buy to Let is encouraging many landlords to investigate alternative ways of investing in property and an increasingly popular option, particularly with the rise of Airbnb, is to purchase property as a holiday let. Running a holiday let is treated by HM Revenue & Customs (HMRC) in the same way… Read more
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Approached by compensation firm about Mortgage Securitisation?
Is anyone aware of the Mortgage Securitisation issue that has arisen with “promises” of “up to 8 out of 10 UK Borrowers could qualify for a reduction in their mortgage by up to 70% if mortgage was sold by lender without borrower being told”? I have been cold call approached by a mob seeking to… Read more
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The RLA’s Manifesto: Cutting up front costs
It is widely accepted that tenants, especially in London, are facing an affordability crisis when it comes to renting. A lot of focus in on tenancy fees but the tenancy deposit is also an area of concern. Landlords perfectly reasonably ask for tenants to pay money to secure their interest in the property and to […]
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US portal Zillow cuts out agents trying to do an ‘Uber’
Could it happen in the UK? US property portal Zillow has a new Instant Offer program which allows sellers to receive offers direct from purchasers. It is being piloted in Las Vegas and Orlando. The hundred billion dollar US traditional Real Estate industry is seeing this as an attempt to displace or disrupt the status… Read more
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Buy-to-let too important for government to ignore…
With a General Election taking place tomorrow, there is yet another chance that some of the punitive tax measures imposed on buy-to-let landlords could be reversed under a new regime, and perhaps even a new Chancellor? Writing for ConservativeHome Lord Flight, Chairman of the Flight & Partners Recovery Fund, and a former Shadow Chief Secretary […]
… LandlordZONE.
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Landlords and Class 2 National Insurance
The outcome of our due diligence on this matter is that Landlords are NOT obliged to pay Class 2 National Insurance, regardless of whether they are running a business, unless they are also a trade. Furthermore, payment of Class 2 National Insurance also has no bearing whatsoever on claims for incorporation relief under Section 162 TCGA. The above… Read more
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