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We are often asked how to value a property’s rental income potential. The quick and easy way to work out how much rent you can realistically charge for your property is to take a look at what everyone else is asking. Simply visit one of the major property portals, such as rightmove or zoopla, and… Continue Reading
Category Archives: News
Tax Amnesty for Property Investors
HM Revenue & Customs has launched a campaign to encourage buy-to-let landlords to own up to unpaid tax on rental income. It is estimated that there is around £500m of lost tax from landlords with buy to let investment and holiday properties. The Let Property Campaign will run for 18 months and will offer discounted penalty… Continue Reading
Meet our “Woman in Business”
Our very own Eleanor White was recently asked to feature in a “Women in Business” article … she hates the picture, by the way! ; ) Continue Reading
Only 5% of Tenants Affected by Bedroom Tax Looking to Downsize
According to the housing association Peabody, less than five% of its households hit by the bedroom tax are willing to downsize. Sandra Skeete, the housing association’s executive director of housing, said just 50 out of their 1,000 households affected by the policy were interested in moving, with the rest preferring to make up the shortfall.… Continue Reading
New Fire and Carbon Monoxide Safety Scheme for Landlords Launched
Landlords can now join a register set up by the Chief Fire Officers Association (CFOA) to make their rental property safer from fire and carbon monoxide risks. New research, carried out among 1,500 landlords and 1,600 renters across the UK, has found that one in five (21%) landlords do not take adequate precautions to ensure… Continue Reading
Students Make the Best Tenants!
According to new research by the National Landlord Association (NLA), which has looked into the student market in light of the upcoming new academic year, students are among the most reliable tenants. It found students are the least likely tenants to not pay their rent, with only 38% of landlords letting to the group experiencing… Continue Reading
Tenant Wins Bedroom Tax Appeal
Annie Harrower-Gray has had her appeal against Fife Council’s decision to cut her benefit upheld by a first-tier tribunal in Scotland following a hearing on 26 August. Under the bedroom tax, social housing households of working age have their benefit cut if they are deemed to have spare bedrooms. The Department for Work and Pensions… Continue Reading
Landlords are All Change!
The private rental sector is thriving, with increasing numbers choosing to live in rental accommodation, and increasing number of individuals being attracted by the prospect of becoming a landlord. The expansion of the market appears to be having an effect on the type of landlord that are investing in buy to let. An increase in… Continue Reading
Scottish Landlord Prosecuted for Failing to Protect a Deposit
In a landmark hearing, a Scottish landlord has been ordered to pay his tenants three times the value of their deposit for failing to protect it in under regulations which were introduced last year. Landlord Andrew Meehan was ordered to pay his tenants Ross Fraser and Alison Pease £3,450 for failing to secure their £1,150… Continue Reading
Landlord to repay £20,000 Housing Benefit
Landlord Dein Weinberg has been ordered to repay nearly £20,000 in housing benefit for five houses he rented out in Salford without a license. Weinberg, who lives in London, was fined £19,958.84 by the residential property tribunal which granted the rent repayment order at a hearing which he did not attend. Salford Council implemented the Charlestown… Continue Reading