There is a lot of confusion among landlords about Section 24, also known as the ‘Tenant Tax’. In this article, we’ll explain what you need to know about Section 24 to keep you up to date.
There is a lot of confusion among landlords about Section 24, also known as the ‘Tenant Tax’. In this article, we’ll explain what you need to know about Section 24 to keep you up to date.
In England, it takes a landlord 17 weeks, on average, to evict a tenant – that’s 119 days. North of the border, things are a lot different.
2020 is the start of a shiny new decade. The buy to let sector is continually evolving and landlords need to keep their eye on the ball if they want to stay ahead of the game. To make your life easier, we have a quick roundup of the main things that landlords need to be […]
100 councils across England have been given a share of a £4m pot of cash, to help them tackle issues brought by rogue landlords in their boroughs. Some of this money will be invested in new technology, such as smartphone apps.
Here we are at the beginning of another New Year; the start of a new decade no less! Whether you are excited about the future or still feeling the effects from your New Year’s Eve celebration, it’s time to focus on the way forward.
Legislation capping tenants’ deposits has led to a festive bonus for some tenants in the UK. Now that deposits are capped at five weeks’ worth of rent, tenants are receiving a rebate when they come to renew their tenancy.
It’s been a rollercoaster of a year! Over on Twitter we’ve been sharing our blog posts and more recently our top landlord tips and quotes. Here we’re reminding you of the ones you loved the most based on likes and re-tweets, straight from our twitter feed. Enjoy!
2019 has been a difficult year for landlords. The continued loss of mortgage interest tax relief, as well as the introduction of Making Tax Digital, have not helped instil a sense of confidence in the private rental sector. As a result, many landlords are predicting more doom and gloom ahead…
A district judge has slammed a rogue landlord for his crimes against tenants. In his ruling, the judge told the court that the landlord, George Lindsay from Birmingham, was worse than Scrooge and he wished he had the powers to send him to jail. Sadly, he didn’t, so he was fined £19,970 instead…
The next General Election is just around the corner. So, to help you out, we have looked at what each party has planned for the buy to let sector. Read on to find out what your choices are.
Property listings are an important part of a DIY landlord’s journey. Without a suitable listing, you are unlikely to find a tenant. Sadly, it’s not often that tenants come along out of the blue and offer to rent your property. In most cases, you’ll need to do a bit of legwork. This usually involves creating […]
Landlord repossessions are on the rise. Data released this week has revealed that 800k landlords had their properties repossessed in Q3 of 2019, which is a huge 40% rise on the same period of the previous year. Serious mortgage arrears have risen by 9%, although arrears overall are slightly below the figures from last year.
The Tenant Fees Act came into force in June. It is designed to prevent landlords and letting agents from overcharging tenants. Since this has come into force it’s meant that landlords must now refund any part of a tenant’s deposit that exceeds the statutory five-week cap.
On paper, being a successful landlord is easy. The right property + the right tenant, mixed with a smidgeon of luck, and voila! You have a successful buy to let business. Unfortunately, there is also a lot that can go wrong!