Specialist lender, Foundation Home Loans, has announced that it has made a number of rate reductions across its five-year fixed-rate range for landlords and introduced a new 65% LTV Green Reward Remortgage. According to the lender, the changes will cover their 75% LTV...
Tax & Other Financial
Landlords Back Potential Capital Gains Tax Extension
Following the news of a report to extend the 30-day payment of Capital Gains Tax to 60 days, landlords are keen to voice their support. The Office of Tax Simplification (OTS) published the proposals on 20 May with considerations to key practical, technical and...
Someone has to foot the bill for empty offices
The Economist has published an article on the eventual cost of all the current empty office blocks. It can be seen here.
HMRC tax guidance for landlords
The government has issued revised guidance for landlords on the subject of tax - specifically about rental income and self assessment.In terms of rental income, the guidance leads landlords to a live webinar scheduled Monday June 21st which will cover how to tell...
How to become a property developer by keeping things small
have published an article the best way become a property developer. It can be seen here.
Why Landlords Should Not Write Capital Allowances Off
The Property Wire has just published a Guest Blog entitled: 'Why Landlords Should Not Write Capital Allowances Off' It can be seen here
Furnished holiday letting in the time of Covid
As the further easing of lockdown restrictions enables the re-opening of the accommodation sector, Chris Williams from AccountingWeb summarises the key conditions surrounding furnished holiday letting (FHL). The article can be seen here, and you will need to register...
Fewer homes bought by landlords has pushed up rents; survey finds
Punitive tax changes have meant that landlords have bought a quarter of a million fewer homes in the past five years. Since April 2016, landlords have bought around 700,000 homes across Britain. This is 250,000 - or 26 per cent - fewer than they would have if the tax...
HMRC hands out £1.3m in late filing penalties for CGT
HMRC has issued late filing penalties totalling £1,311,300 since the introduction of the new 30-day tax window for capital gains payment (CGT) in April 2020
Rental market unusually uncertain, Nationwide says
The BBC are running a report from the Nationwide.
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Agency calls for reform to stamp duty.
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