Industry Reaction to the Queen’s Speech on The Lettings Fees Ban

Anyone hoping the fallout of the General Election or Brexit negotiations would push the lettings fee ban into the long grass was bitterly disappointed yesterday after it was included in the Queen’s Speech. A draft Tenants’ Fee Bill was among 27 proposed laws that MPs will be working on over the next parliamentary term, however…

Banks Banning Tenants on Housing Benefit

It’s true that the vast majority of properties on our books don’t accept tenant’s who are in receipt of housing benefit. We’re often asked why this is the case, hearing time and again from prospective viewers that their being eligible for housing benefit does not mean they are unable to pay the rent in full…

Letting Fees Ban Unlikely Before Late 2018

The ban on letting agents in England imposing fees on tenants is unlikely to be implemented before late next year according to analysis by the Residential Landlords’ Association. The proposed ban is currently at its formal consultation stage and is open for responses up to June 2; the Department of Communities and Local Government has…

Budget 2017 Review

Chancellor Phillip Hammond gave buy to let landlords little cause to cheer his Budget 2017. Property investors wanted to hear that he was scrapping or watering down the tax changes on the way in April, but to no avail. He did not mention mortgage interest tax relief – leaving the way open for higher rate…

Tenant’s Checklist

When you’re moving home there’s so much to remember! Our handy tenant checklist helps you to ensure you’ve got everything covered! Click here for our tenant checklist!

HMRC guide to property letting & tax

HMRC have released the latest version of their e-learning guide, Letting out property. Split into sections to make it simple to find what you need, the guide covers different types of property income, expenses, tax returns and much more. They’ve also introduced a ‘News’ section so we can keep you up to date with the latest…

Landlord Insurance – A Guide

Landlord insurance is a crucial consideration for anyone renting out their property. Things can go wrong with even the most diligent tenants and can cost a significant sum to put right. ‘Landlord insurance’ is a broad term, and cover will vary from policy to policy. Key points:  Standard home insurance is NOT suitable for landlords…

New Minimum Energy Efficiency Standards

From 1st April 2018, it will become unlawful to let a property in the private rented sector which has an energy performance rating of F or below on the Energy Performance Certificate (EPC). The EPC must be current and must be no more than 10 years old. Does this effect me? The Regulations will also…

Pre-Tenancy Landlord Checklist

When you have new tenants moving in, there’s so much to remember! Our handy tenancy checklist helps you to ensure you’ve got everything covered! Click here for our pre-tenancy landlord checklist

Simple guide to the buy-to-let tax relief changes

Are you confused by the upcoming changes in tax changes for buy to let income? The change to mortgage interest relief was first announced in the 2015 emergency Budget. Since then it’s become variously known as Section 24, The Alice In Wonderland Tax and The Tenant Tax – whatever you call it, a whole lot…