Accidental Landlords Will Face Tougher Buy To Let Rules
Buy to let landlords may find raising a mortgage harder as lenders prepare to enforce tough new borrowing rules. The countdown to the start of the European Mortgage Credit Directive has begun as some banks and building societies plan to impose the measure early – even though the official start date is not until March 21, 2016. The directive ...
Standard pre action letter – after section 21 served
Download word version of this letter
More Robust Tests For In Work Migrants From EEA
Migrants from the European Economic Area (EEA) who claim to have been in work or self-employed in order to gain access to a wider range of benefits will face a more robust test from 1 March 2014. Being defined as a ‘worker’ under EU law allows people more generous access to in and out-of-work benefits such as Jobseeker’s Allowance (JSA), ...
Court Orders and Tenancy Deposit Schemes
A landlord may obtain possession on the grounds of rent arrears and the court order may stipulate the amount to be paid by the tenant along with costs. Alternatively, a landlord may have sued a tenant for monies owing such as damages to a property or rent arrears. The court order may be presented to one of the tenancy deposit schemes as ...
Summary of HB Changes April 2011
In the December issue of Housing Benefit Direct (a monthly newsletter issued by the Department of Work and Pensions to local authority staff) they have provided a useful summary of the changes to housing benefit and when they will be implemented. Amendments to Housing Benefit (HB) legislation were laid on the 30 November 2010 bringing ...
How to Serve Section 21 After Deposit Unprotected by Insurance Scheme
Here we look at the situation where the deposit was originally protected perfectly within 30 days with an insured scheme but was then un-protected by the scheme after the end of the term (more…)
HMO Planning Regs Published
The use classes regulations which affect HMO's have been released and are here. We will provide further guidance shortly. The regulations only apply to England and come into force on 6 April 2010.
Builder Wins HMRC In Business Car Vat Appeal
Builder Jane Borton has won an appeal against the tax man for failing to allow her to claim back VAT on a car she bought for business. (more…)
Unlawful Eviction Case
The source of the below article is: http://www.landlordrecoveries.co.uk/articles/case-1-74.html/trackback Salah v Munro Willesden County Court April 2009 Ms Salah signed an assured shorthold tenancy agreement (AST) for a room for a period of 6 months. The tenant applied for housing benefit which was granted, but only for part of the ...
Landlords Warned To Pay Taxes Or Face Jail
The tax man has signalled a new tougher regime for landlords who fail to declare their rental income. One of HM Revenue & Customs (HMRC) chief fraud investigators has warned any landlord evading tax will face prosecution. Tax investigations are also likely to stretch back for at least six years. The warning follows Chancellor George ...