Finance Bill 2017 brings foreign owners into IHT net
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The provisions of the Finance Bill 2017 seem to mean non-UK domiciled people and companies are brought into the IHT net to the extent that they own UK residential property (directly or through a trust structure). So the estate of a French or Chinese investor would suffer 40% IHT on death (with no reduction for… Read more
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Wall hung letter box in corridor disallowed?
I have just bought a leasehold flat and fitted a wall hung letterbox on the wall in the corridor right outside the front door, after sealing the letter box hole in the front door. I have been told I am not allowed to do so without much more information. I don’t see any specific terms… Read more
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Housing Minister confirms consultation on letting fees
In a written reply to Labour MP Julie Elliott, Minister Barwell says the government “will consult in the Spring on the detail of implementation.” We are “committed to building a strong and safe private rented sector, which provides security and stability for both tenants and landlords,” he says in his reply. Julie Elliott Julie Elliott […]
… LandlordZONE.
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Council refused permission to appeal Broadley case
The Supreme Court has refused Leeds City Council permission to appeal a decision ruling in favour of landlords, following a protracted battle over council tax payments. The case of Leeds City Council v Broadley centred around the question of who is responsible for paying the council tax on a property if the tenant moves out, but a […]
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AIIC recommends Landlords allow tenants to decorate and make improvements
The Association of Independent Inventory Clerks (AIIC) has recommended that Landlords and agents allow tenants to personalise, decorate and make improvements to their homes. This is following a survey by online home improvement platform Plentific showing that: 73% of tenants have carried out their own DIY 23% of tennats have spent more than £500 on… Read more
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Popular central Birmingham Buy to Let opportunity
A Buy to Let opportunity in the popular city of Birmingham is now available. Prices start from £149,995, which are extremely competitive value for the city centre location and an attractive payment plan is also available. The development is situated in a prime location, with major attractions such as the Bull Ring shopping centre and… Read more
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Does renting my property to a SPV avoid liability?
I believe that by letting out properties in my own name I am potentially subject to unlimited liability lawsuits from tenants (apparently very unlikely but not impossible). Would I be able to restrict the limit of my liability by renting out my property to a SPV (Single Purpose Vehicle limited company) for market rent. The… Read more
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Getting Your Tenants to Manage their Waste
Bin Collections: Getting tenants to properly manage their waste is a challenge not just for neighbours, but for landlords and councils alike. A new guide published this month is designed to address the problem. Landlords and councils seeking to improve waste performance in a largely transient domestic rental sector need to provide greater communication between […]
… LandlordZONE.
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Would you let tenants make home improvements?
New research shows PRS tenants are increasingly keen to personalise their rental homes – with controversial claims that landlords should let them do just that. The growing trend is reflected in a recent study which found that 73% of tenants have carried out DIY jobs at their own expense. According to the research, which included […]
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The Housing and Planning Act Starts to Bite
On 6 April provisions of the Housing and Planning Act that directly affect landlords will start to come into force under a recent commencement order, click here. These only apply in England as most of the Act has no application in Wales. The two key areas which will come into effect in April are: the […]
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