We all hear about the landlord exodus but just how bad is it?
New figures from the Office for National Statistics (ONS) and estate agents Hamptons reveal that the trend of landlords selling up hasn’t been as big as many people believe.
The UK’s rental market is facing a crisis as many landlords are choosing to sell their properties due to new legislation, economic uncertainty and tax changes, a legal expert warns.
Gina Peters, the head of landlord and tenant at law firm Dutton …
The government needs to focus on its tax policies so that landlords in the private rented sector (PRS) are incentivised to remain and help house people and not be forced out.
That’s the verdict of Propertymark which is highlighting the steps that…
With high-interest rates, huge uncertainty & opportunity in the market, there has never been a better time to consider the structure for your property investment.
As landlords, tax will be one of the biggest costs you face and you will want to fin…
The Renters’ Reform Bill has unveiled a new database that could turn into a tax ‘gold mine’ for HMRC to chase after landlords who haven’t been paying their taxes, one firm warns.
Accountancy and business advisory firm BDO say th…
These are the top six reasons why so many landlords have waited until now to form a Limited Company and sell their property rental business to it in exchange for shares. This process is commonly known as ‘incorporation’.
Reason #1
The pain …
On paper my spouse and I were worth £3,000,000 but the reality was that we had no savings, no money whatsoever to live on after paying our tax bills, and this was despite having rental income of £300,000 a year coming in.
Hello, As you will all know, being conscientious landlords, there is currently an evictions and rent freeze in Scotland since last year and will continue currently until September 2023 with the option of SNP and the Greens to continue it for a further …
An independent analysis shows that tax changes in the private rented sector (PRS) have contributed to the loss of £1.5 billion in Treasury revenue.
The research was commissioned by the National Residential Landlords Association (NRLA) and carried out b…
Hello, After setting up a property development company, my first project was a large extended terraced house. The property was in poor condition and I was fortunate enough to buy it cash. I was granted permission to convert it into two flats which I in…
Landlords and property investors will be watching Chancellor Jeremy Hunt to see what is in store for the private rented sector (PRS) in tomorrow’s Budget.
Among those urging the Chancellor to help landlords is the National Residential Landlords’
Hello, How long does the government think this situation is sustainable for? Squeezing landlords dry with increased taxes and high BTL mortgage interest rates!
I have personally, for the past 4 years, accepted that I was only just breaking even with my…
Property taxes in Scotland have increased by nearly a quarter of a billion pounds in the last year, compared to the pre-pandemic period, says a leading property firm.
DJ Alexander has analysed the figures and found that the Scottish Government’s revenu…
Hello, The petition against S24 is gaining momentum and needs more fuel to engage everyone to sign up.
Please contact your local estate agents to spread the word and ask if they can put a poster in their windows.
A bid by a landlord to get the Government to reinstate tax relief allowing mortgage interest to be set against rental income has been shot down after the petition reached 28,000 signatures.
Simon Foster started the petition on the Government website to…
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