New Right-to-Rent Rules
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BREAKING – The Home Office has said that the new rules under the Immigration Act 2016 will be coming into force on 1 December 2016. This seems a bit rushed as there does not appear to be any prescribed forms available at this time. Information supplied by Tessa Shepperson of www.landlordlaw.co.uk says that in essence: […]
… LandlordZONE.
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Khan may back Airbnb curbs
London Mayor Sadiq Khan has confirmed he will investigate the impact of holiday lettings site Airbnb on the capital – and will revisit legislation if needed. The Business Select Committee has published the response it received from the mayor after concerns were raised by AM Tom Copley during mayor’s Question Time in September, following the […]
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High Court Brexit defeat for Government – Landlords Reactions
The High Court has today ruled that Parliament must vote on whether the UK can start the process of leaving the EU. This means that the government alone without Parliament approval cannot trigger Article 50 of the Lisbon Treaty and begin formal negotiations with the EU. Theresa May’s official spokeman said government had “no intention… Read more
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First time buyers have to take on more risk
Getting on the property ladder in 2017 is not going to be easy for the average first time buyer and success at that may involve taking on a bit more risk. Many waiting to buy have resolved themselves to renting for the foreseeable future, or indefinitely, while others wonder if their property ownership dreams will […]
… LandlordZONE.
View Full Article: First time buyers have to take on more risk
London Councils not prosecuting rogue landlords
Data obtained by the local government website, Localgov.co.uk shows a patchy enforcement regime against landlords in London boroughs Councils across London are falling down, failing to prosecute rogue landlords due, they claim, to government funding cuts. A freedom of information request by the Liberal Democrats in London found that a quarter of boroughs failed to […]
… LandlordZONE.
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Making tax digital – deadline approaches
The deadline for the Government’s Making Tax Digital is next Monday, with just four days left for landlords to have their say. The Government plans to have a fully digital tax service by 2020 and launched a series of consultations asking landlords for their opinions on plans three months ago. One of the consultation documents […]
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Minister unveils details of Right to Rent penalties
Home Secretary Amber Rudd has officially put plans to criminalise breaches of Right to Rent rules before Parliament. In her speech to the Conservative Party Conference Home Secretary, Amber Rudd MP announced that from December landlords ignoring the Right to Rent rules brought in this February will be committing a criminal offence and could be […]
The post Minister unveils details of Right to Rent penalties appeared first on RLA Campaigns and News Centre.
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Jack will sell up due to tax changes wrecking his plans
Jack moved out of his flat three months ago to live with his girlfriend. Rather than selling his flat he decided to obtain consent from his mortgage lender to rent it out to two students just in case the relationship doesn’t work out and he needs to move back in. He’s a normal guy, certainly… Read more
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Preparing your property for the cold snap
With the dark nights now upon us and the mercury falling, now is the perfect time for landlords to winter-proof rental properties. Burst pipes, blocked drains and broken gutters can all result in significant damage to homes, so landlords are advised to check they are in good repair and well insulated. They should ask tenants […]
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Section 24 – What’s the big deal?
I am a regular reader of Property118 and I find it very useful, especially with the vast amount of useful information that’s made widely available through these forums. I am a BTL investor myself with 9 properties – my credentials are as follows: annual rental income of £65K with finance costs of £18K and maintenance… Read more
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