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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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UK Private Rented Sector Boom Continues


Thursday, June 4, 2015

UK Private Rented Sector Now Worth £1 Trillion The UK’s private rented sector (PRS) looks set for a profitable future as a new report reveals that the sector is expected to increase by 700,000 rental units to around 5.5 Million properties by 2020. The PRS represents 18% of all current UK housing stock, following the [...]


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1/3 of UK Landlords Will Not Be Accepting LHA Tenants


Wednesday, June 27, 2012

A new Government report has revealed a growing concern about UK landlords, as an increasing percentage are now refusing to accept applications from tenants claiming housing benefits. The situation regarding LHA tenants is set to get much worse, following the recent statements made by UK Prime Minister David Cameron and his party’s vision for further [...]


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Tenants Can’t Afford To Pay More Rent


Wednesday, June 6, 2012

Tenants without Rent Guarantee Insurance are finding Private Rental Sector (PRS) rents are becoming more difficult to afford as many are handing over more than 50% of their gross pay to keep a roof over their heads according to the online property portal, Rightmove. The average pay-to-rent ratio across the UK is 38% – but [...]


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Tenant Evictions Increasing


Wednesday, April 18, 2012

County court closures are being blamed for prolonging tenant rent arrears eviction hearings The number of tenants in severe financial difficulty has climbed by 10.2% in the first quarter of this year according to the latest tenant arrears tracker by Templeton LPA, part of the LSL Property Services plc Group. Almost 8,800 more tenants were [...]


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Homeless Charity Calls For Rogue Landlord Summit


Friday, February 10, 2012

The UK homeless charity Shelter and the Residential Landlords Association (RLA) have clashed over the issue of bad landlords. Both organisations have been using very strong words over the last few days, whilst calling for more action by the UK government to stamp out bad landlords. Shelter is calling on the UK coalition Government to hold [...]


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Property Investors Urged To Be Selective!


Friday, January 27, 2012

Property investors are being urged to thorough research in order to be very selective about the areas they choose to purchase investment property in during 2012. Poor returns from savings and the continuing strong demand for rental property will be the driving factors behind an increase in property investment in the UK buy to let [...]


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New Landlords Urged To Adopt Good Business Practices


Monday, January 16, 2012

The downturn in UK property valuations has lead many existing homeowners, some of whom are desperate to sell up, to consider alternative ways to cash in on their current property, without having to sell it below their expected valuations. A fairly noticeable proportion of these vendors are choosing to become first-time landlords, rather than settling [...]


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Is It Really A Happy New Year For Benefit Tenants?


Friday, January 6, 2012

Researchers claim that the uk’s welfare reforms will make more than three quarters of a million homes unaffordable for tenants. The Government Welfare Reform payment caps came into force this week (1st January 2012) meaning that more than 810,000 private rented homes unaffordable for tenants claiming the housing allowance under the new “Universal Credit” system. [...]


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Big Changes In Store For UK Private Rental Sector


Friday, December 30, 2011

There could be big changes in store for the UK private rental sector should there be an exodus of inexperienced or accidental landlords from the market. The rental market in the UK could be significantly impacted in the event of a mass departure of inexperienced and accidental landlords from the sector. This is the suggestion [...]


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