Tax & Other Financial

The Telegraph have run a piece on property investors who have chased high yields are most at risk as the cost of living crisis bites   It can be seen here (registration might be required), It says that Soaring inflation is hitting real take-home pay just as rising...

Landlords with larger portfolios are more likely to increase rent than small-scale landlords.A poll by The Landlord Works shows that 75 per cent of those who own more than 10 properties aim to increase their rents over the next 12 months. This compares to just 44 per...

The Department for Work and Pensions (DWP) has published guidance that explains how creditors, including landlords, can request deductions from benefits to help people manage debt. The guidance is aimed at all creditors, such as landlords, local authorities, and...

This year, major changes to Universal Credit will be implemented, potentially affecting millions of households across the country. Several changes are expected, including managed migration and the inclusion of thousands more people in the program. Managed migration As...

Landlords who locked into a mortgage during the height of the COVID pandemic will reportedly be hit with the highest buy-to-let interest rates since 2015. According to a report in The Daily Telegraph, landlords face paying more than £1,600 extra a year, while...

Analysis by Rightmove suggests that capital appreciation remains strong for landlords and owner occupiers alike, despite the recent flurry of interest rate rises. The portal says the price of property coming to market has hit a fourth consecutive record of £367,501,...

Paragon Bank has found that landlords are prioritising that their properties are suitable for their preferred tenant type over profits. The research into landlord investment strategies, undertaken for Paragon’s Landlord Report 2022, found that when expanding...

An HMRC tax initiative designed to reduce landlord tax fraud by allowing letting agents to pay tax on their clients’ behalf has been universally rejected in focus groups. Government researchers assessed the idea of an alternative voluntary ‘withholding process’ to UK...

Research by Shawbrooks Bank has shown that Since March 2020, residential landlords estimate they gave up £6.5k in rent reductions and a further £7.5K on payment holidays More than a third of landlords proactively offered a rent reduction or payment holiday On average,...