Should you self-manage or use a letting agent? This is a question that many landlords ask as they’re starting out. Self-management means not using the services of a letting agent or property manager. The self-managing landlord does all the work themselves. There are some clear advantages to this strategy, particularly when it comes to costs.
In this post, we will be answering some tax questions about capital gains tax. Here, learn how other landlords have worked out their CGT, how they minimise this tax bill, and how capital gains tax can change if you move abroad.
Further to our last software tip on mortgages, there are some slightly more complicated scenarios with mortgages that the software can also handle. In this post, we’ll look at one scenario which came up recently with one of our subscribers.
Rightly or wrongly, it is a widely held belief that homeowning voters tend, on average, to be conservative voters. It is perhaps with this in mind, that has led Boris Johnson to propose an expansion of the government’s Right to Buy Scheme. The Prime Minister hopes to extend the Right to Buy Scheme to include […]
There are an estimated 5 million leasehold homes in the UK, and many of the leaseholders occupying these homes will be liable for service charges.
There have been a lot of updates so far on legislation that is aimed at governing the private rental sector. In turn this will have an impact on landlords. In today’s post Mary Latham will be explaining what landlords can expect to see on the horizon this year.
In this guest post we’re going to explore the benefits and drawbacks of online conveyancing for landlords to help you make informed decisions about your property projects.
When you want to take out a mortgage on a home you wish to rent out, there’s a bit more to consider than on a standard residential mortgage. Whether you’re a new landlord looking for your first buy to let mortgage, or an existing landlord wanting to expand your portfolio, there are some key things […]
If you’re a landlord operating a property business, you’ll know things can get tricky quite quickly. You need to be able to stay on top of multiple communications with various people, and record all your expenses, property information, income, rent payments, and more. While many landlords have used manual systems to help them keep on […]
Landlords renting out property need to make sure that they have a robust tenancy agreement in place regardless of the tenancy type. Tenancy agreements are usually quite long and difficult to put together if you’re doing it from scratch. It can be tempting to use a standard template that you never change, but this can […]
In the UK, landlords have a legal responsibility to ensure the health and safety of tenants by keeping their properties safe and free from health hazards. This responsibility extends to the management and prevention of Legionella in properties.
House prices could be set to fall by as much as 5 percent over the next two years as inflation and rising interest rates begin to take their toll. Capital Economics, a leading independent economic research firm, is now forecasting that house prices will l drop by 4 percent overall by the end of 2024. […]
So, you’ve got a rental property that’s in need of tenants. The first question on your mind is probably where are you going to find them?
On 13th April the Public Accounts Committee published its 49th report of 21-22 Session – Regulation of private renting. It’s important to keep an eye on these reports because they often lead to more legislation and it’s good to have an early warning. This report is very upfront, as can be seen from the title, […]
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