rent

rent

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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Lettings Fee Ban Legislation Will Not Be Before Spring 2019

11 January, 20180 Comments
The government has recently revealed to NALS that implementation of the ban on letting agents’ fees levied on tenants in England will not take place before Spring 2019 at the earliest. The government have said the reason behind the delay is because it will take a substantial period for the legislation to get through parliament, where
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Last chance to respond to Smoke and Carbon Monoxide Alarm Regulations Consultation

08 January, 20180 Comments
Private rental sector landlords still have one more day to respond to this consultation, which closes tomorrow (9th Jan, 2018 at 11:45pm). Introduced on 1st October 2015, the Government’s Smoke and Carbon Monoxide Alarm (England) Regulations were updated to protect private tenants from death or injury caused by smoke and carbon monoxide poisoning in the
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£926k worth of tenancy deposits stolen in 2017

02 January, 20180 Comments
Fresh analysis from the industry reveals that rogue letting agents were convicted of stealing just over £926,000 worth of tenancy deposits last year. Deposit-free renting firm Dlighted, who keep a running total of the cash value of deposits criminal letting agents have been convicted of stealing, reports that by the of the final quarter of
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Mayor of London Launches Database to ‘Name and Shame’ Rogue Landlords

22 December, 20170 Comments
This week the Mayor of London has launched his Rogue Landlord & Agent Checker – London’s first online ‘name and shame’ database to help crack down on unscrupulous landlords and agents in the Capital. The database, published here on the City Hall website, is aimed at giving Londoners greater confidence in renting a home by allowing
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Consultation launches to ensure landlords are paying their taxes

14 December, 20170 Comments
HM Revenue and Customs have launched a consultation on adding tax checks to private rental sector landlord licensing schemes. The government’s consultation document says the majority of UK taxpayers pay what they owe, but a small minority are active in the ‘hidden economy’ – tax dodging, in other words. It goes onto say that the
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Private landlords call for help reclaiming Universal Credit rent arrears

05 December, 20170 Comments
Landlords are calling on the Government to create a mechanism for them to reclaim any rent arrears built up by Universal Credit (UC) claimants who move out of their property. Research by the Residential Landlords Association’s (RLA) has revealed 36% of private landlords have more confidence to rent to tenants on UC as a result
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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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Landlords, EPCs and Expenses: What’s Changing For The Rental Market

29 September, 20170 Comments
Energy Performance Certificates (EPCs) have been used as a measure of a property’s energy efficiency for over a decade. First introduced as part of Home Information Packs for those buying and selling homes, they’ve gradually crept into the rental market. From April 2018, UK landlords will have to hit a minimum EPC level before renting
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