SDLT 3% Surcharge Impacting Rental Supply in High-Value Areas

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Welcome to another episode of Property Breaking News! In today’s video, Ranjan Bhattacharya and Andrew Roberts dive into the significant impact of the 3% Stamp Duty Land Tax (SDLT) surcharge on rental supply in high-value areas. 

This surcharge

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Landlords urged to be wary over council ‘safer renting’ schemes

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Landlords need to be cautious over the growing numbers of council-promoted ‘Safer Renting’ schemes, one legal expert warns.

Phil Turtle, of Landlord Licensing & Defence, says that while the schemes appear to be aimed at improving tenant safety

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Delaying SDLT and paying the fine

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I’m buying a derelict property to refurbish and running pretty tight on cash for the first 3 months of the project while we wait on a sale of an old btl going through.

Reading through the HMRC SDLT guidance it looks as though you can pay up to 3 months late and pay a £100 fine

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The Challenge of Pets in Rental Properties

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Landlords have long struggled with tenants wanting to keep pets in rental properties.

For landlords, pets pose an unpredictable risk of property damage.

For tenants, pets are cherished family members, making the idea of renting a home and giving up a pet like Rover or Tigre unthinkable.

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How to recover rent arrears?

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Hi everyone, please can I get some advice on how to proceed.

Tenants have an outstanding balance of around £3000 in rent arrears. The possession court date was around 3 weeks ago which the tenant chose not to attend

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Landlords say election result will make no difference to plans

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Most landlords in the UK say that the election result which saw Labour enjoy a landslide victory won’t affect their investment plans, a survey reveals.

Foxtons questioned more than 1,000 landlords before the election and found that 59% of landlords expect a new Labour government won’t have an impact on their decision to either expand or sell their portfolios.

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Starmer promises ‘change’ but no mention of the PRS

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In his first speech as Prime Minister, Sir Keir Starmer said his work begins ‘immediately’.

Standing in Downing Street, he said: “Changing a country’s not like flicking a switch – the world is now a more volatile place.

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Twist or bust? The dilemma facing UK landlords after Labour win

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Hi Angela Rayner, well done on beating a limping, exhausted, beaten Conservative party in the election. I imagine the rise of Reform was a last-minute scare, eh?

And many of those famous Red Wall voters who still haven’t returned to the Labour fold.

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HMO licensing vs planning: Confusion for landlords in Article 4 areas

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Landlords with HMOs (House in Multiple Occupation) in the UK face a complex situation when it comes to Article 4 areas, one expert warns.

These areas restrict the automatic conversion of residences into HMOs, and navigating the licensing and planning processes can be confusing for landlords.

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I’m not a charity: Is it time to issue a Section 21?

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Hi, I’ve been a landlord since 2005 and I’ve never issued a Section 21. However, I’m about to change that as I have two tenants that are behind in rent payments,one owes £600.00 and the other owes £2,500.00.

In my efforts to be reasonable I have agreed payment plans for both of these tenants.

View Full Article: I’m not a charity: Is it time to issue a Section 21?