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Insurance Premium Tax Rise Due On 1st November 2015


Tuesday, September 29, 2015

Insurance Premium Tax Increase Will Have Direct Affect On Landlord Profits As you may already know, the Government declared in the 2015 Summer Budget that there would be an increase in Insurance Premium Tax (IPT) for all insurance policies taken out by individuals and companies in the UK. This will affect the cost of landlord [...]


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New Landlords Take Unessessary Risks


Thursday, September 17, 2015

New Landlords Don’t Understand The Legal Requirements Of Property Rental According to new research conducted by a leading UK insurer there has been a huge upsurge in the number of landlords in the UK, however the majority of these new landlords have entered the private rental sector accidentally and many have failed to understand the [...]


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Landlords Don’t Want To Pay For Rental Property Damage


Thursday, August 20, 2015

Landlords Forced To Fight For Rental Property Damage Claims  Determining fair wear and tear in rental property is probably one of the most difficult and misunderstood areas of renting in the UK’s private rented sector (PRS) as letting agents and landlords may have different views to tenants regarding what are allowable deductions to be made [...]


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How Removing The Wear And Tear Tax Allowance Affects Landlords


Tuesday, August 18, 2015

Removal Of Wear And Tear Tax Allowance Doesn’t Have To Mean Landlords Face Property Losses Since the Chancellor of the Exchequer announced in the post election budget that the wear and tear tax allowance for landlords was to be phased out and replaced with a tax relief system that only allows landlords to deduct costs [...]


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Landlords Outraged At Right To Rent Prison Threat


Thursday, August 13, 2015

Landlords Could Face Jail For Non Compliance Of Right To Rent Legislation Private rental sector landlords and letting agents have expressed outrage over proposed amendments to the forthcoming Immigration Bill (2015) expected in September, when MPs return to work after their summer break. Section 20 – 37 of the Immigration Act 2014 contained the provision [...]


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Landlords To Be Empowered Under Immigration Bill Proposals


Tuesday, August 4, 2015

Landlords Must Evict Failed Asylum Seekers Under Immigration Bill Proposals The Government have announced that Landlords could face a prison sentence of up to 5 years for breaching the ‘Right to Rent’ checks to be included in the forthcoming Immigration Bill. The controversial immigration bill proposals require private rental sector and social sector landlords to [...]


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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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Right To Rent Checks Set To Continue


Thursday, June 25, 2015

Pilot Assessment Of Right To Rent Checks Due Next Month Government Immigration Minister, James Brokenshire has stated that the controversial right to rent immigration checks could be rolled out in other parts of the UK, once the results of the pilot scheme have been thoroughly assessed. The pilot scheme forcing landlords and letting agents to [...]


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Landlords Warned About Deposit Protection Penalties


Thursday, June 11, 2015

TDS Warns Landlords That They Only Have A Few Weeks Left To Comply With New Deposit Protection Legislation The Tenancy Deposit Scheme (TDS), has warned landlords that time is running out after the new Deregulation Act came into force on March 26th 2015. The intention of introducing the new act was to clarify PRS tenancy [...]


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Government Aims To Do More To Tackle Criminal Landlords


Thursday, May 28, 2015

Mandatory Landlord Licensing Scheme Set To Root Out Criminal Landlords UK Prime Minister David Cameron has indicated that under the new Conservative Government there will be the nationwide introduction of further legislative measures to help rid the private rented sector of criminal landlords. The announcement was made by Mr Cameron ahead of the Queen’s Parliamentary [...]


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