Home ownership difficult around the world
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With asset values around the world having been pushed up by a combination of ultra-low interest rates and quantitative easing, it is increasingly difficult for young people everywhere to get a foot on the housing ladder. The UK, Canada, the US, Australia and New Zealand; it’s the same story. According to a recent Australian Financial […]
… LandlordZONE.
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Selling our BTL properties and company?
We have 4 properties let out in our Ltd company and 5 properties in our private name. We are looking to exit the whole BTL business and move on. We are looking to sell our company as a whole and the other properties as the mortgages come to an end. Could you give any advice… Read more
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what is the point in Council Tax banding in Liverpool?
What is the point of having different bands (A-G) for paying Council Tax if your property is a studio worth £25,000 in Liverpool? Most properties are in Band “A” and that ranges from a five bedroom house to just a room with a kitchenette and build in bathroom. So one large bedroom (self contained) pays… Read more
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Totally confused by an Accountant – which way forward?
Please can anyone help me find my light at the end of my tunnel? I’m looking to find an accountant who ‘understands property’ and will not tell me that Clause 24 is not that bad and well your rent is your pay. I’ve worked my socks off these last 4 years on my own for… Read more
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Evictions in Social Housing outnumber the PRS
Research carried out by Simple Landlords Insurance found that Ministry of Justice figures reveal over half of repossessions in the first quarter of 2016 were in social housing sector (57 per cent), while just 15 per cent of claims took place in privately rented homes – the private rented sector (PRS). Generally, it is always […]
… LandlordZONE.
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What is Section 24 and Why Was Permission For A Judicial Review Declined?
“Section 24” of The Finance Act (No. 2) 2015 isn’t actually a tax change. It is an amendment to GAAP (Generally Accepted Accounting Principles). It changes the way that profit is calculated and then introduces “tax relief”. Let us be clear what Generally Accepted Accounting Principles are. If a business has income of £1,000 and… Read more
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The regeneration of Manchester throughout the years
Manchester grew its population by 19% between 2000 – 2011. What regeneration projects have been driving the boom in population and jobs in the city? NOMA, Spinningfields, Ardwick. To name but a few projects in the regeneration of Manchester. It’s safe to say that Manchester has experienced its fair share of regeneration in the past… Read more
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RLA intervening as appeal lodged in Leeds council tax case
The Residential Landlords Association is intervening after Leeds Council announced it would appeal a High Court ruling on council tax that found in favour of a PRS landlord. 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 […]
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New course: Lettings for Landlords – The Basics
The RLA is launching a new course: Lettings for Landlords – The Basics. Here trainer Kitty Speakman introduces the new course, which will keep landlords abreast of the latest changes to housing law and legislation as well as their obligations and responsibilities to their tenants. “I work for the Residential Landlords Association as a trainer […]
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No Judicial Review of section 24 for landlords
Commenting on the High Court decision to the refuse permission for a Judicial Review of Section 24 of the Finance Act, Richard Lambert, Chief Executive Officer at the National Landlords Association (NLA) said: “This decision is ultimately disappointing not just for landlords, but for the tenants who will see their rents rise as a consequence… Read more
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