It is a fact that renting property is now a heavily regulated service industry. As the private rented sector now houses in the region of 20% of households in some areas, and the percentage is going up and not down, this is not going to change any time soon.
The potential for capital growth is just one of the many reasons why property investors have been buying homes in the UK. The UK property market is slowly recovering and house prices are finally on the up after several years of stagnation.
Following the explosion of the private rental sector in recent years, HMRC has been cracking down on landlords who evade their tax responsibilities, deliberately or otherwise.
Figures revealed by the National Landlords Association have revealed just how much private landlords have invested in the private rental sector. The cost of mortgage repayments made by private landlords over the last twelve months is a staggering £21.9 billion and just over 1 million landlords have some type of buy to let lending in […]
The January 31st deadline for filing your landlord tax returns online is fast approaching. If you have any rental income from properties let in the tax year ending April 2014, now is the time to declare it or face a hefty fine from HMRC. If you have made any losses,
Landlord licensing is a highly contentious issue. Local authorities maintain that landlord licensing is the best way to raise standards in the private rental sector and root out rogue landlords, but many landlords don’t agree. The costs are often high and since rogue landlords are unlikely to apply for a landlord license, it doesn’t make […]
According to research carried out by the National Landlords Association (NLA), around one third of landlords have had a problem with rent arrears in the last year. Landlords are facing £850 million of debt across the UK, which equates to £1,649 per landlord.
The Residential Landlords Association (RLA) is warning Welsh landlords that they could become jointly liable for their tenant’s water bills as of January 1st 2015. The Water Industry Act Under the terms of the Welsh Government’s Water Industry Act, landlords with properties in the Welsh Water and Dee Valley Water areas are obliged to share […]
According to research carried out by an online letting agent, the most common complaint from tenants was a faulty boiler leading to a lack of hot water and central heating – nearly 33% of tenants have experienced this problem during a tenancy. The second most common problem was a leaking roof – 22% of tenants […]
Islington Council is proposing to make owners of new build properties prove they are occupied. The borough is one of the most densely populated in London, but according to council figures around 30% of properties built in the last six years have yet to record anyone officially living there.
The chancellor’s Autumn Statement was full of surprises this week, but the most notable was the announcement that the government is changing the way stamp duty is calculated.
According to UK insurer, LV, part-time landlords are earning billions in rent, but are not reinvesting the money back into their rental properties. A recent survey by LV has revealed that a large proportion of part-time landlords are failing to meet their legal responsibilities.
There are many stories in the press about rogue landlords letting out squalid houses, but a story in the news this weekend has really taken things to a whole new level.
A recent BBC report has revealed a severe shortage of student accommodation across the UK following government relaxation of student numbers in this year’s admissions. This is putting enormous pressure on providers in many locations and in some cases students are being forced to share rooms.
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