Experts have been warning for months of a property bubble developing in London and the southeast caused by a shortage of affordable housing in the capital and surrounding areas, which is forcing property prices ever to higher levels. Observers are hoping that new lending rules recently introduced will
Tax relief is available on furnished and unfurnished properties, which is something all landlords need to be aware of if they want to save money on their tax bill. In a recent letter to the Chartered Institute of Taxation, HMRC has decided to clarify the issues of how tax relief is claimed on fixtures and
Vocal campaign group, Generation Rent, has issued a manifesto on reforms it believes are necessary in the private rental sector, but the Residential Landlords Association is not impressed. It says the group doesn’t present a balanced picture of the private rental sector and instead is
According to property experts, the best way to make a rental home more appealing to tenants is to forget about providing a dining room and spend your money on creating a spacious living room or dining kitchen instead.
According to an annual review carried out by the Tenancy Deposit Scheme (TDS), the most common cause of disputes between landlords and tenants is cleanliness. The number of complaints made about cleaning has increased from 49% in 2009 to 56% in 2013 and the problem is getting worse.
Landlords in Cumbria are being encouraged to sign up for a new landlord accreditation scheme. The scheme is being run by the National Landlords Association (NLA) in partnership with five of the six district councils in Cumbria.
Following a 10 minute rule motion from Labour MP, Nick Raynsford, the majority of MPs have backed a proposal to make the provision of smoke alarms mandatory in private rented homes. 245 MPs backed the motion and only eight voted against it. The smoke alarm bill will be given a second
Since Ed Miliband announced that Labour plans to introduce a number of key changes to the private rented sector, there has been a great deal of criticism levelled in his direction. Most industry experts believe that his proposed reforms will be disastrous and cause untold damage.
A poll of students living in York, a popular university city, have accused landlords of cashing in by holding on to deposits at the end of tenancies and failing to deal with serious problems such as mould, damp and vermin infestation.
A report issued by the Chartered Institute of Building (CIB) is recommending that the government raise property taxes for landlords who don’t invest in repairs or keep their properties well maintained. They say that if property taxes are better targeted then landlords are more likely to spend money on their
Ed Miliband has announced today his party’s policy for greater regulation of the private rented sector. Under his proposals, landlords will have to provide three-year tenancy agreements and there would be rent caps based on average market rents. Landlords would also have to meet tough requirements if they
Landlord Vision has produced a further couple of helpful tutorials so that you can get the most out of your software. Our next two videos demonstate the power of good reporting: The Income Tax Report calculates your income tax liability based on the information that you enter into Landlord Vision. The second video looks at […]
The National Union of Students is calling for the government to better regulate letting agents and private landlords in an effort to improve living conditions for students studying in the UK.
The Guardian is asking its readers whether they think that cutting tax breaks private landlords currently enjoy will help to improve standards in the private rental sector. The Chartered Institute of Housing (CIH) believes this is the answer after analysis conducted by
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