Solving Financing Challenges at Incorporation: Insights from Simon’s Taxes and CIOT’s 2024 Concerns

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When landlords incorporate their property businesses, managing existing mortgages and capital accounts can present significant financing challenges. Incorporation can offer commercial benefits such as business continuity, legacy planning opportunities, and access to better financing, but it must be approached with careful planning to avoid triggering adverse tax consequences.

View Full Article: Solving Financing Challenges at Incorporation: Insights from Simon’s Taxes and CIOT’s 2024 Concerns

Recommendations for the Welsh PRS adopted by Senedd committee

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The Senedd’s Local Government and Housing Committee has welcomed Propertymark’s suggestions for enhancing the private rented sector (PRS) in Wales.

Many of the professional body’s recommendations have been incorporated into the committee’s report, highlighting Propertymark’s positive influence on the market.

View Full Article: Recommendations for the Welsh PRS adopted by Senedd committee

£230k Lease Extension, £12k Service Charges and 10 Years of Neglected Repairs?

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My uncle, who passed away this year, owned a leasehold flat in Westminster. He extended the lease in 2017 at a cost of £230,000.

The property is currently being managed by the executors through probate. Despite paying a large sum to extend the lease

View Full Article: £230k Lease Extension, £12k Service Charges and 10 Years of Neglected Repairs?

Ben Beadle supports abolition of Section 21 but calls for urgent court reforms

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Ben Beadle claims that the NRLA does NOT oppose the abolition of Section 21, but the court system urgently needs reform to handle evictions.

During the committee stage hearing of the Renters’ Rights Bill, the chief executive of the NRLA

View Full Article: Ben Beadle supports abolition of Section 21 but calls for urgent court reforms

Taxes, red tape and the onslaught on Landlords: it’s time to get out

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This week the Telegraph hit the nail on the head when they reported that Landlord profits had collapsed in the past decade following an onslaught of taxes and red tape. That coupled with the unbelievable amount of hoops landlords have to jump through has pushed the entire sector to breaking point.

View Full Article: Taxes, red tape and the onslaught on Landlords: it’s time to get out

Labour Councils Giving Up Social Housing

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Dive deep into the latest property news as Ranjan Bhattacharya and Andrew Roberts unravel why councils are stepping away from social housing. This video is a must-watch for property investors seeking to understand the shifting dynamics of the property market.

View Full Article: Labour Councils Giving Up Social Housing

Propertymark calls for a balanced Renters’ Rights Bill

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Propertymark says the Renters’ Rights Bill must provide a greater degree of balance between tenants, landlords and agents to ensure a healthy private rented sector (PRS).

While the organisation welcomes the government’s commitment to avoid rent controls

View Full Article: Propertymark calls for a balanced Renters’ Rights Bill

Buy-to-Let Incorporation on the Rise: Hamptons Research & Why It’s Not Tax Avoidance

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New research from Hamptons has revealed a significant increase in the number of landlords incorporating their buy-to-let businesses. In September 2024 alone, 5,312 new limited companies were established to hold buy-to-let properties, representing a 28% rise compared to the same period last year.

View Full Article: Buy-to-Let Incorporation on the Rise: Hamptons Research & Why It’s Not Tax Avoidance

Exclusive: Market-Leading BTL Mortgage Products

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To all Property118 readers, A new set of Limited Company market-leading Buy-to-Let (BTL) mortgage products are now available, exclusively through select broker partners only.

The Buy to Let product features and criteria include:

Single Let: 5-Year Fixed Rate at 4.69%

HMO: 5-Year Fixed Rate at 4.99%

Maximum LTV: 75% for Single Let

View Full Article: Exclusive: Market-Leading BTL Mortgage Products

What to Do When Your Freeholder Doesn’t Provide Buildings Insurance: Solutions for Leaseholders

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As a leaseholder, ensuring that your building is properly insured is critical for protecting your investment. But what happens when the freeholder is unresponsive and unable to provide essential documentation, such as the buildings insurance policy? This scenario recently arose for a reader

View Full Article: What to Do When Your Freeholder Doesn’t Provide Buildings Insurance: Solutions for Leaseholders