Writings for Landlords
The old saying is there’s nothing certain in life but death and taxes. And unfortunately, as a private landlord, you’re not exempt from either. But at least with taxes you more or less know what’s coming. There’re rules you need to follow and tax regulations you must obey. In this article, we’ll look at what goes into a landlord’s tax return and the new laws which will affect you.
In January this year, the government revealed plans for introducing new legislation which would see mandatory electrical safety checks for landlords. Although there is still no set date for when the law will come into action, landlords are still responsible for obtaining an Electrical Installation Condition Report (EICR) for their rental property.
Renters are spending more of their salary on rent than ever before. The exact percentage does vary according to which report you to read. But it’s safe to say many tenants are spending around 50% of their salary on paying the rent. In London, this can climb to over 60%. Among younger renters, those figures could be even higher.
A tenant abandoning a property is a nightmare scenario for any private landlord. It opens up a whole can of…
The Government has announced plans to scrap “no-fault evictions” by consulting on new legislation to abolish Section 21 evictions on 15th April. This will bring an end to private landlords evicting tenants from their homes at short notice and without a good reason.
As a landlord, you know how harmful void periods can be. But equally, you’ll be aware they’re inevitable. The trick is to minimise them. You need to take steps to protect your business by putting strategies in place to reduce the time your property is empty.
If you’re exploring introducing an EPC rating for your rental property then here is everything you need to know in four steps.
There are pros and cons to investing in student property. If you’re considering taking the plunge, we’ll outline the benefits and drawbacks on this page.
Many of these mortgages are now cheaper than they were a year ago in April 2018. Product fees for five-year fixed rate mortgages have though leapt year-on-year – sometimes by as much as £335.
Whilst the Tenant Fees Act is coming into force in England on 1st June 2019, the Act will be effective in Wales on 1st September 2019, subject to it receiving Roal Assent.
