by peter littlewood | Jul 17, 2023 | Industry News
Some 30% of landlords plan to sell properties in the next 12 months, data from Landbay has revealed. As to be expected, the deciding factor for most (60%) of landlords intending to sell is rising interest rates – an increase from 45% in the previous survey, while...
by peter littlewood | Jul 17, 2023 | Tax & Other Financial
If you are an agent letting a property to a non-resident landlord, you need to see this announcement. A new manual can be seen here, and says: A letting agent is generally a person who: has a ‘usual place of abode’ in the UK, and acts for a non-resident landlord (NRL)...
by peter littlewood | Jul 17, 2023 | Tax & Other Financial
The Government has published a manual on property income received by non-resident landlords. It can be seen here, and is where the property is located in the United Kingdom (UK) then any income generated from it is charged to tax in the UK. This applies even if the...
by peter littlewood | Jul 17, 2023 | Industry News
Roofers and plasterers have also been added to the Shortage Occupation List, which temporarily eases visa restrictions in areas where employers are struggling to fill vacancies. The Migration Advisory Committee (MAC) advised adding builders to the list. Advisors on...
by peter littlewood | Jul 17, 2023 | Tax & Other Financial
The Telegraph is running an article on the dangers for tenants who challenge a Section 13 notice – a legal notice to increase the rent. It can be seen here (subscription may be necessary) and states ‘ An analysis of 30 tribunal cases in the second quarter...
