A property accountant is warning that ‘accidental landlords’ may not have been aware of the complexity of property taxation and so may have not declared all or part of their rental income to HMRC.
The company, run by Ajit Singh Pooni, of Ilmington Drive, Sutton Coldfield, owed more than £1.3 million to 328 creditors.
Despite the widely publicised exodus of UK landlords exiting the traditional market and moving into short-term letting, the UK’s buy-to-let sector remains vibrant and profitable.
A key supplier is warning that landlords penalised by ever higher government taxes and rules will be forced to increase rents.
Labour’s proposals to introduce rent controls in London risks reducing the number of private homes available for rent, as landlords look to exit the private rented sector.
A recent blog by a specialist company questions whether it will be possible to meet the potential changes to EPC requirements.
Average house prices in the UK reached a record high in March, a month when a package of measures was announced in the Budget to help buyers, according to new data. Lender Halifax’s managing director Russell Galley, said: “Following a relatively subdued start to the...
The guidance for landlords on understanding the possession action process includes a new section on outstanding possession warrants.
The trade body ARLA have just released a statement about the recent MHCLG housing report ARLA states:- The Housing, Communities and Local Government Committee in the UK Parliament has released its second report scrutinising the UK Government’s actions to help rough...
Conservative MP Andrew Rosindell, who is moving a Bill through Parliament urging landlords to accept pets, says he backs a law change to allow tenants to be billed for pet damage insurance.Currently the Tenant Fees Act introduced by the Theresa May Conservative...
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