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What Happens if Your Tenant Takes in a Lodger?
Finding out a tenant has sub-let a room in your buy to let to a lodger is worrying for some landlords. (more…)
Red-Tape Tangle That Ties Buy to Let Landlords in Knots
Landlords and letting agents are often accused of working in an unregulated market – but their critics fail to realise more than 145 property laws tie their businesses in red tape. (more…)
Property Wealth Puts Landlords Among Britain’s Richest
Property investors are among the country's wealthiest individuals – and those born before 1966 are the best off of them all, according to a new report. (more…)
Letting Agent Pays £20,000 Over Shared House Licence Sham
A letting agent has to pay £20,000 for handing shared house tenants licences instead of tenancy agreements in what is thought to be the first prosecution testing the issue ever. (more…)
Britain’s Property Wealth Tops £10 Trillion
A rise in house prices of 4.9% in the past 12 months has helped push Britain's household wealth to more than £10 trillion. (more…)
Thousands of Landlord Tax Cheats Caught in Licensing Scheme
Thousands of landlords who have failed to pay tax on their rental problems face having their names passed to HM revenue & Customs by councils running licensing schemes. (more…)
Checklist of What to Do at the End of the Tenancy
When the tenancy has ended, the following should be considered: The notice to quit from tenant Ensure the notice to quit provided by the tenant is valid. As a quick guide, the notice may not expire during the fixed term and their notice must be at least 4 weeks in length (one calendar month where the rent is monthly) and expire either the day before the rent is due or on the day the rent is due. No other date is acceptable.
How Do Your Buy to Let Running Costs Compare?
Repairs and maintenance are the biggest expenses for landlords, according to a new interactive buy to let business tool. (more…)
Overview of The Money Laundering Regulations 2017
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 commenced on 26 June 2017 and replace the Money Laundering Regulations 2007. (more…)
Running Holiday Lets Is Not a Business, Rules Tribunal
The tax man has fiercely contested claims from the estate of a holiday lettings partnership that the venture was a business. (more…)