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Budget disappointment for buy-to-let landlords

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What little hope landlords had of the Chancellor reversing some of the recently introduced rental property tax measures were dashed in Wednesday’s budget. Mr Hammond’s has failed to take the opportunity to reverse George Osborne’s punitive tax regime aimed at buy-to-let landlords, and he further compounded the issue by striking out at the land lording […]

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Mar

9

Tax Reforms Harming Access to Rented Housing for the Vulnerable

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Vulnerable tenants are finding it harder to access rented housing because of tax changes being introduced by the Government. Following a budget that did nothing to address the housing crisis, the Residential Landlords Association (RLA) is pointing to figures out today showing that surveyors believe private sector rents will increase by more than 20 per […]

The post Tax Reforms Harming Access to Rented Housing for the Vulnerable appeared first on RLA Campaigns and News Centre.

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Mar

9

Oxford landlord fined £21,695 for overcrowding

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Health & Safety: An Oxford landlord has been fined £21,695 for letting an unlicensed and poorly-maintained house which is classed as a house in multiple occupation (HMO). Following visits from Oxford City Council housing officers, Mr Asad Shazad, of Moorbank, Oxford, has appeared before Oxford Magistrates’ Court charged with failing to obtain an HMO licence […]

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Mar

8

Rent a room allowance review hidden in budget small print

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The government will review the way rent a room relief operates – in what appears to be a bid to tackle the rise of short term lettings. People renting out rooms in their homes to lodgers can currently earn £7,500 tax free under the scheme. However people offering short terms lets through sites such as […]

The post Rent a room allowance review hidden in budget small print appeared first on RLA Campaigns and News Centre.

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Mar

8

Spring Budget – a lost opportunity

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The Chancellor has spoken. But not about housing. Today’s budget was devoid of any mention of housing issues, or indeed the housing crisis itself, with no new cash committed to initiatives to boost the supply of homes or ease the burden on the country’s PRS landlords. Despite hundreds of RLA members contacting their MP and […]

The post Spring Budget – a lost opportunity appeared first on RLA Campaigns and News Centre.

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Mar

8

Spring Budget 2017 – Tax Changes

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BREAKING: The main tax changes announced by Spreadsheet Phil in today’s Budget are as follows: Making Tax Digital The Government will provide an extra year, until April 2019, before Making Tax Digital is compulsory for unincorporated businesses and landlords with turnover below the VAT threshold. This will provide them with more time to prepare for […]

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Mar

8

Should the many suffer because of a few?

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Landlord Licensing: Does Nottingham City Council really need to punish 000’s of tenants across the city, for the actions of the inconsiderate few? There is no argument about the need to raise standards in the private rented sector and to target criminal landlords. Although significant numbers of tenants are happy with the condition of their […]

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Mar

7

Is it time for a Spring safety check on your rental properties?

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Spring is just around the corner so why not freshen up your knowledge and ensure that your properties are fully safe, legal and secure with our property safety checklist; the RLA Safe and Secure Home. Landlords are under increasing obligation to ensure their properties are compliant with current Health and Safety laws and in a […]

The post Is it time for a Spring safety check on your rental properties? appeared first on RLA Campaigns and News Centre.

View Full Article: Is it time for a Spring safety check on your rental properties?

Mar

7

Landlords looking to avoid tax changes…

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Commercial Loans: More landlords have been moving to take out non-buy-to-let commercial loans to fund their property investments in a move to avoid the coming tax changes which mean that claiming tax relief on buy-to-let mortgages payments will be curtailed starting in April this year. Recent research by the National Landlords Association (NLA) shows that […]