Bedford Landlord Forum
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Bedford Borough Council are holding a Landlord Forum on Wednesday 3rd May to help local landlords understand the licensing requirements for Houses in Multiple Occupation (HMO). The forum is at 6pm for a 6:30 start in the Howard Room, Bedford Corn Exchange. For directions visit the Corn Exchange website. There will be presentations and updates […]
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Blackburn with Darwen Borough Council to Go Ahead with Licensing
On the 16th February 2017 Blackburn with Darwen Borough Council made the decision to designate the Darwen Area of Blackburn with Darwen as an area of Selective Licensing. The designation will come into force from the 16th May 2017, a licence will last for 5 years. The licence fee is £750 per property for the 5 […]
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Debt problems forcing landlords to reconsider insurance cover
Today, debt is a huge problem for one in six UK adults, and for the nation’s two million landlords, tenants who fall into debt and fail to pay their rent on time, or even at all, is one of their biggest nightmares. According to National Statistics over 153,500 landlords, in England and Wales alone, looked […]
… LandlordZONE.
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Landlords to be responsible for tenants tobacco tax evasion?
Just received the following from Local Landlords Association (Devon); HMRC consultation on preventing tobacco duty evasion: property implications HM Revenue & Customs (HMRC) has published a consultation on proposals to tackle tobacco duty evasion and other excise duty evasion. This follows an informal consultation in which several respondents suggested imposing a duty of care on… Read more
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Increasing a mortgage and claiming interest relief
HMRC Quote; If you increase your mortgage loan on your buy-to-let property you can also treat interest on the additional loan as a revenue expense, but only up to the capital value of the property when it was brought into your letting business. HMRC Example; You purchased a buy-to-let property for £120,000 with a mortgage… Read more
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Evicting Residential Tenants
Tenants seeking re-housing: It is a common occurrence for landlords that tenants approach their local authority to be re-housed and then ask the landlord to evict them. Tenants who are claiming re-housing by the local authority, from the position of a private tenancy, will be told not to leave their accommodation until they are evicted. […]
… LandlordZONE.
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Boundary dispute time limitation?
My sister in law owns half of a pair of semidetached houses. Last year the property, previously owned by a college was sold to a property developer. They have told my family that the boundary is in fact in the wrong place, even though it must have been like this for over 20 years. They… Read more
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The psychology of scamming
What is your image of someone who is the victim of a scam? Take a few moments to think about this before reading on. I am sure we all have the image of the gullible person with the street wise con artist slyly taking their money. Well think again. Research conducted by Exeter University and… Read more
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Longer leases for PRS tenants
New figures prove landlords are delivering longer tenancies without the need for new laws. Tenants in private rented housing are staying longer than ever in their current homes as the proportion of PRS households with children increases. According to the English Housing Survey for 2015/16, the average length that tenants have been in their current […]
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Foreign National tax implications
I am a British National with a small Buy to Let portfolio. I am married to an Egyptian national, who has no residency in UK, though is a regular visitor. He is therefore not a UK tax payer and has no UK income. My UK income is only from the BTL’s. If he buys a… Read more
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