Practical Guidance for Property Owners with “Guaranteed Rent” Agreements

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If you’ve let your property to a serviced accommodation provider who promised “guaranteed rent,” the recent VAT ruling in HMRC v Sonder Europe Ltd could significantly impact your arrangement. Here’s how you can protect yourself and navigate this changing landscape:

1.
View Full Article: Practical Guidance for Property Owners with “Guaranteed Rent” Agreements

London reclaims BTL crown as Northern hotspots surge

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London has emerged as the dominant force in the UK’s buy to let market in 2024, experiencing a 13% increase in new landlords, data reveals.

The findings from Simply Business show this follows a period of slower growth in 2023

View Full Article: London reclaims BTL crown as Northern hotspots surge

Scottish Housing Bill will destabilise the market and drive landlords out says Meghan Gallacher MSP

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The Scottish Housing Bill is an attack on the private rented sector, says Meghan Gallacher MSP.

In an exclusive video interview with Property118, Meghan, who is also the Scottish Conservative shadow cabinet secretary for housing, blames the SNP’s Scottish Housing Bill for making Scotland’s housing emergency worse by doubling down on harmful rent controls.

View Full Article: Scottish Housing Bill will destabilise the market and drive landlords out says Meghan Gallacher MSP

Landlords could see tenants moving in without paying rent

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Real estate firm Knight Frank has issued a stark warning that tenants could move into properties without paying any rent once the Renters’ Rights Bill becomes law.

The government’s bill will prohibit any rent payment before a tenancy agreement is signed

View Full Article: Landlords could see tenants moving in without paying rent

Should You Hold or Sell? Making the Right Choice for Your Property Portfolio

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The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.  

The Renters’ Rights Bill, an unpredictable economy

View Full Article: Should You Hold or Sell? Making the Right Choice for Your Property Portfolio

VAT Time Bomb for Property Investors Following Rent to Serviced Accommodation (R2SA) Business Models

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For years, the Rent to Serviced Accommodation (R2SA) business model has been championed as a low-cost entry point into property investment. Promoted heavily by property education courses, this strategy involved leasing residential properties, forming Limited Companies, and subletting those properties as short-term lets under the Tour Operators’ Margin Scheme (TOMS).

View Full Article: VAT Time Bomb for Property Investors Following Rent to Serviced Accommodation (R2SA) Business Models

Government to consult on EPC C rating for the PRS

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The UK government is set to finally unveil its long-awaited consultation on new energy efficiency standards for private rented properties.

Plans are expected to include a requirement for all rental homes to achieve an Energy Performance Certificate (EPC) rating of C or equivalent by 2030.

View Full Article: Government to consult on EPC C rating for the PRS

VAT Bombshell for Serviced Accommodation: Upper Tribunal Ruling Shakes the Industry

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“This ruling could spell financial disaster for operators and property owners alike.” That’s the message echoing across the serviced accommodation industry following a dramatic reversal by the Upper Tribunal (Tax and Chancery Chamber) in the HMRC v Sonder Europe Ltd case.

View Full Article: VAT Bombshell for Serviced Accommodation: Upper Tribunal Ruling Shakes the Industry

Just when landlords thought it couldn’t get any worse

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Just when landlords thought matters couldn’t get any worse, a new clause 11 is proposed for the Renters Rights Bill.

The new clause 11 concerns restrictions on the requirement for tenants to provide a guarantor with details below:

“(1) A relevant person [i.e.

View Full Article: Just when landlords thought it couldn’t get any worse

Can I break my PSL lease due to a tenant’s ASB?

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Hi, I have recently joined the private sector leasing scheme (PSL) with my local council to help house local families.

When I met with the housing officer, I stipulated that I would only be interested in signing up

View Full Article: Can I break my PSL lease due to a tenant’s ASB?