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HMRC Publish Details Of Wear And Tear Tax Changes


Tuesday, July 28, 2015

HMRC Introduce Replacement Furniture Relief To Supersede Wear And Tear Allowance HM Revenue and Customs, (HMRC), have finally announced the scope of the proposed amendments to the wear and tear tax allowance for landlords of rental properties, outlined in the post election budget by Chancellor George Osborne. At the 2015 Summer Budget the Government confirmed [...]


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Government Probe Retaliatory Tenant Evictions


Tuesday, October 28, 2014

All Party Parliamentary Group To Examine Retaliatory Tenant Evictions MP’s have launched an inquiry into the operational practices of the UK’s private rented sector (PRS) due to the apparent rise in the number of so called retaliatory tenant evictions by landlords. The All Party Parliamentary Group for the Private Rented Sector define retaliatory tenant evictions as [...]


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More New Rules For Buy To Let Mortgage Lending


Tuesday, September 9, 2014

UK Buy-To-Let Mortgages To Become EU Regulated  Following last week’s shock announcement by the Government, some elements of the UK’s buy to let mortgage market are going to become more regulated in order to fall in line with the current European Union (EU) Mortgage Credit Directive. The Council of Mortgage Lenders (CML) have reacted strongly [...]


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Landlords Face £3000 Fines For Letting To Illegal Immigrants


Tuesday, July 9, 2013

Illegal immigrants to be banned from renting property in the UK Private rental sector (PRS) landlords will be risking a fine of £3000 for breaking the law by letting rental property to illegal immigrants without doing proper background checks and comprehensive tenant referencing. The proposal is currently undergoing a seven week consultation process and set to [...]


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