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One in Five Homes Are Now Buy to Lets, Says Government
Buy to let has mushroomed from 10% of homes in the 1990’s to grab a 20% share in the latest English Housing Survey from the government’s Office of National Statistics. (more…)
Buy to Let Property Companies and Fake News
Thousands of buy to let landlords have set up property companies to sidestep the mortgage interest tax relief measures starting in April, according to commentators. (more…)
How To Increase The Rent
There are three ways to increase the rent for an assured shorthold tenancy: clause in the tenancy agreement or agreement with the tenant or by notice under section 13 of the Housing Act 1988. At the bottom of this article is detailed information for completing a section 13 form.
Letting Agent Must Pay Up or Face 30 More Months in Jail
Fraudster Chandra Patel who was jailed for 10 months for taking thousands of pounds in deposits handed over by tenants faces more time in prison if he does not repay the cash. (more…)
Small Claims Proceedings Guidance
Below is some guidance for completing a small claim. We plan to make improvements when we can. The Pre-Action Protocol for Debt Claims commences on 1 October 2017 for England and Wales. The Protocol applies to any business (including sole traders and public bodies) claiming payment of a debt from an individual (including a sole trader). It ...
Three Ways to Save Landlord Tax You Probably Don’t Know
The new tax year is fast approaching along with new measures curbing mortgage interest relief that could see HMRC bills soar for some landlords, so now is a good time to look at property expenses that they can claim but probably overlook. (more…)
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…)
Landlord Tax Changes ‘Perverse’ Argues Academic
Landlords trapped in to paying more tax by finance interest relief changes coming into force in April need to raise rents by up to 30% to offset the extra cash they hand to HM Revenue and Customs (HMRC), according to an independent expert. (more…)
Buy to Let Mortgage Crunch Bites for Landlords
Forget worries about finance interest tax relief, the mortgage crunch is inflicting the real damage. (more…)
How To Understand Retaliatory Evictions
Retaliatory Evictions From 1 October 2015 1, sections 33 and 34 of the Deregulation Act 2015 will come into force in England. These sections bring into force provisions titled “preventing retaliatory eviction”. In summary the new rules prevent a section 21 (no fault two months notice) from being served (or render a section 21 invalid) in ...