Many landlords are now in the situation of paying more taxes, an extra £1bn in tax this year compared to just four years ago as frozen tax allowances and the removal of reliefs take hold. It is not unknown for a landlord to have to pay taxes even when making a loss....
News
Social housing managers will require qualifications in professionalism drive
Thousands of social housing managers will be required to study for qualifications as part of a drive to professionalise the sector in the wake of a two-year-old’s death in a mouldy flat. Housing Secretary Michael Gove has announced the changes after recognising that...
CAB say that landlords should pay more to avoid mould and damp
Citizens Advice claims that its research shows “1.6m children currently live in privately rented homes with damp, mould or excessive cold” and that over half of private renters in England - 2.7m households - are “struggling with one or more of these issues right...
Criminal Landlords
Rogue landlords are conning the government out of millions of pounds by fraudulently claiming housing benefits for so-called “ghost tenants”, it has been revealed. Criminal gangs are among those buying cheap property to convert into housing for vulnerable people, in...
London Renters’ Union call for a rent freeze because ‘landlords can afford it’
An open letter has been sent to Michael Gove urging 'the government to follow the Scottish government and introduce an immediate freeze on rents, to help renters weather the worst of the cost of living crisis and help prevent huge numbers of renters facing...
Some rogue UK landlords using ‘ghost tenants’ to con taxpayers out of millions
The Guardian is reporting that rogue UK landlords are using ‘ghost tenants’ to con taxpayers out of millions of pounds by fraudulently claiming housing benefits. In a Tweet, they claim ‘Criminal gangs are among those buying cheap property to convert into housing for...
Labour MP claims Section 21 being used to convert family homes into holiday lets
Luke Pollard, the MP for Plymouth Sutton and Devonport, was speaking in a brief question and answer session about second homes in coastal areas. This follows his campaign entitled ‘First Homes Not Second Homes’ He has told the House of Commons that “The pandemic...
Are we over the worst of the downturn?
Strutt & Parker, the property consultancy believes the last quarter of 2022 bore the brunt, and is maintaining its previous house price forecasts of between -5% and 0% growth for the UK and -3% to 3% for prime central London for 2023. Their recent analysis can be...
HMRC targets short-term landlords over unpaid tax
Accountancy and advisory firm Baker Tilly Mooney Moorehave issued the following warning: HMRC targets short-term landlords over unpaid tax Airbnb and Booking.com hosts must report rental income to HMRC. HMRC is reminding customers who own short-term letting properties...
Birmingham City Council is ‘worst landlord’ in the city, says councillor
Birmingham city council is “probably the worst landlord” in the city after a special report detailed multiple housing failures at the local authority, a councillor has said. Conservative councillor Meirion Jenkins made the remark during the council’s audit committee,...
YOU MAY ALSO LIKE
Poorly Insulated Homes Face Higher Heating Costs, Urgent Action Needed
New research by the Energy and Climate Change Intelligence Unit (ECIU) reveals that poorly insulated homes in the UK...
Legal Aid Expenditure on Housing Law Cases Increases in Latest Statistics
The Ministry of Justice has released legal aid statistics for October to December 2023, revealing notable trends in...
Government to Highlight Poor Practice by Social Housing Landlords on Social Media Platforms
The Department for Levelling Up, Housing, and Communities has announced plans to use its social media platforms to...