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Can you use the tax rules on holiday let?
Handelsbanken Wealth Management, the wealth and investment management arm of Handelsbanken in the UK, suggests that would-be buyers focus on rules that will allow them to qualify for tax breaks associated with furnished holiday lets
The sector is very much alive – mortgage chief claims
Types of landlord may have changed under the onslaught of taxation and regulation, but the sector is very much alive.
Landlord sales lowest since 2013 claim
An estimated 131,900 properties were sold by landlords in Great Britain in 2020, the smallest number since 2013.
Warning to landlords who have not declared to HMRC
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.
Landlords owed thousands following collapse of estate agents
The company, run by Ajit Singh Pooni, of Ilmington Drive, Sutton Coldfield, owed more than £1.3 million to 328 creditors.
Report claims to show most profitable regions for landlords
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.
Rents will rise if landlords are penalised by Government – warning
A key supplier is warning that landlords penalised by ever higher government taxes and rules will be forced to increase rents.
Proposed rent controls ‘would be a disaster’
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.
Will your EPC B ready for 2030?
A recent blog by a specialist company questions whether it will be possible to meet the potential changes to EPC requirements.
The average UK house price hit a new record in March, rising over £15,000 in a year
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...
Updated coronavirus guidance for landlords and tenants: possession action process
The guidance for landlords on understanding the possession action process includes a new section on outstanding possession warrants.
PRS at the crossroads based on Housing Committee report
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...
MP backs law change to allow tenants to pay pet damage insurance
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...
Landlord receives a five figure fine
A landlord has been hit with a bill of £48,000 - a record for the council which brought the prosecution.Tariq Javed from Aylesbury failed to comply with House of Multiple Occupancy regulations for his property in the town. The house was regularly...
Landlords offered better mortgage deals for going green
Can this be the catalyst for more energy efficient rental homes? Lender Paragon Bank has launched a range of lower-deposit mortgages for landlords whose properties are more energy efficient Green products are coming to the market as landlords rush...
Number of overseas landlords with UK properties hits five-year high
If the latest figures highlighting the number of overseas landlords owning property in the UK is anything to go by then Brexit hasn’t deterred investment in the UK property market.According to the most recent data, the figure stands at a five-year...
Increased landlord risk pushes rents to record high
The Homelet Rental Index figures for March 2021 have now been released, with the UK average rent at their highest levels since the index was launched in 2014.The average rent in the UK is now at a record high of £992 – the fourth increase in as...
Banning Orders: just 39 issued, three years after implementation
Some 39 agents and landlords have had banning orders over the past three years according to a report in The Guardian.Under the 2016 Housing and Planning Act, agents or landlords subject to banning orders cannot let housing in England, or engage in...
London landlord fined for refusing to make safety improvements to Folkestone homes
A landlord has had to pay out almost £10,000 after refusing to make safety improvements to two of her Kent properties. Madeline Scott was fined after ignoring repeated instructions to fix potential safety risks at properties she owned...
New Electrical Standards become law today.
A reminder that from today (April 1st) all rental property requires proof they meet current electrical standards. See the Government guide on this here.
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LATEST NEWS
Older tenants need more support
Older private renters must have their voices heard. That’s the view of Joanna Elson, chief executive of Independent...
MPs call to reinstate stricter energy efficiency rules for landlords
Last month Prime Minister Rishi Sunak scrapped plans aimed at forcing landlords to upgrade the energy efficiency of...
Landlords charged too much for agent renewal fees
Following a recent report in The Time (subscription may be necessary) Hello Neighbour, a platform that currently...
Landlord prosecuted over delay in removing cladding
Newham Council has been the first to issue proceedings against a large landlord that failed to meet a deadline of...
Homelessness in England is up 6.8% on the previous year – with thousands in temporary housing | Euronews
Euronews is reporting at the increase in homelessness, and putting part of the blame on the increased use of the...
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