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Lettings Market Rent Digest – January 2021
The lettings market shrank last year as renters turned to buying a home with space to work remotely rather than opting to live close to work in more expensive urban locations. (more…)
Rogue Landlords, Dodgy Estate Agents and Vicious Tenants
Rogue landlords who flout shared house safety rules have picked up huge fines for letting tenants live in unsafe and filthy conditions. (more…)
Buy to Let Limited Company and Tax for Landlords
Increasing numbers of landlords are choosing to buy and manage private rented homes with a limited company. (more…)
HMRC Accepts COVID-19 Excuses For Late Filing
Landlords who can’t complete a self-assessment tax return by the deadline due to the impact of the coronavirus pandemic can put forward COVID-19 as a reasonable excuse for late filing, says HM Revenue & Customs. (more…)
Landlords Confess Evading Tax Last Year
Buy to let landlords have confessed to evading tax on rental income by underpaying an average £4,480 each in the last tax year. (more…)
Evictions Ban Extended
The government has announced that the evictions ban which was due to expire on 11 January 2021 has been extended for Both England and Wales. (more…)
Understanding Possession Action During Covid-19
As recently reported, overall arrangements for possession proceedings was published (the overall arrangements) which also referenced further guidance which was to follow. This included a “pre-action plan” to be complied with by landlords before serving a notice or commencing proceedings. (more…)
Leasehold Reforms Benefit Millions of Homeowners
Housing Secretary Robert Jenrick is set to overhaul the controversial and expensive leasehold ownership system of flats and houses in England. (more…)
500,000 Renters Fear Eviction as Bailiff Ban Ends
At least 500,000 private tenants fear they might lose their homes as the government’s COVID-19 eviction protection come to an end within a few days. (more…)
Lockdown 3.0 Rules for Landlords
The revised legislation for the latest lockdown in England is scheduled to go through Parliament today (6 January 2021). (more…)