income

income

Why are private landlords playing Russian Roulette with their rent? …

19 January, 20180 Comments
Question: Do you think your hard working tenants (even with the best referencing in the world), who have paid the rent on time for years, are safe?… If so, then please think again !! We say this because over the last 10 years the UK has seen a surge in larger companies going bust, announcing
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Update from HMRC – Tax support for landlords

03 November, 20170 Comments
Are you a new landlord, or a landlord who just needs a refresher? If so, HMRC has the online help and support you need. These live webinars will provide an overview on the tax treatment of income and expenses for renting out UK property, furnished holiday lettings and the rent a room scheme. Join from
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Bank of Englands “non-interference” with the property market WILL stall the recovery

07 July, 20140 Comments
Mark Carney has announced limits, restricting the amount that homeowners can borrow relative to their income and tightening the affordability tests (which began on 30th April this year) that property buyers face when applying for a mortgage. He said there would be no immediate impact on fast-rising property values. The new measures will only start
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Should You Use A Letting Agent?

23 April, 20140 Comments
Do you consider yourself a professional landlord? If you let any kind of property, you should; even if you let just one house, you are subject to the same legal requirements as property developers with a whole string of property under their belts. Of course, career landlords will have trusted agents or employees to take
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Due Diligence for Live in Landlords, including the Immigration Bill.

18 April, 20140 Comments
The biggest worry facing a live in landlord is the kind of person their lodger might be (aside from whether they’re simply compatible) – are they a criminal, likely to be violent or damage your home?  Will they pay the rent on time?  Will they respect you and your home? It’s a staggering fact that
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Can buy to let be a short-term investment ?

16 August, 20130 Comments
It was reported at the end of July that over half of the landlords who entered the property market so far this year have done so for short-term gain, enticed by the low rates that the Funding for Lending Scheme has helped to encourage. This is despite the warnings contained in the same report, issued
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Top Tips for Minimising Void Periods

24 July, 20130 Comments
Void periods can be a landlord’s worst nightmare, most landlords rely on the income a property generates to pay its mortgage and whilst the property is empty as the owner you will also be liable for council tax and any bills that the property incurs. At present the average void period in the UK is
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