Unincorporated landlords have been hit hard by a number of tax changes in recent years, including the gradual restriction in tax relief for mortgage and finance costs, such that relief is now only available as a tax reduction given at the basic rate. As this restriction does not apply to companies, a natural question is […]
2021 has been an unpredictable and volatile year for many British industries. Yet the housing market has boomed throughout the chaos caused by the ongoing Covid-19 pandemic. Housing prices have skyrocketed to a record high of £262,956 as of August. As a result, what property investors are looking for in their properties of choice has […]
This month we are going to focus on some tips and tricks for setting up your mortgages. This is not a guide for setting them up, but some handy tips to make a note of when you are doing them.
This month’s tax Q&A answers more tax questions. These questions will focus on how to handle different types of losses incurred by property investment.
Traditionally, if you were to discuss the infrastructure which connects a property to the outside world, you would think of roads, bus routes, rail links and so forth. Yet, with the not-so-recent advent of the digital world, internet connectivity is the primary piece of infrastructure connecting a property to those around it and much further […]
“Tax planning” means arranging your business affairs so that you pay the minimum amount of tax that the law requires. It does not mean trying to conceal things from the Taxman, and it does not mean indulging in highly complex (and expensive!) artificial “tax avoidance” schemes.
Interest rates are expected to rise for the first time since 2018. Financial markets are forecasting that the Bank of England (BoE) will be forced to increase interest rates before the end of the year. Perhaps more startingly, markets are predicting that interest rates will increase to 1.00% by August next year. That is a […]
There is a lot for landlords to remember when taking on a new tenant and starting a tenancy. If you don’t hold to your legal obligations when starting a tenancy, you can be fined, prosecuted and prevented from serving your tenant a Section 21 Notice at the end of a tenancy. This 4 part blog series will break […]
Here at Landlord Vision we pride ourselves on building software that landlords want to use by constantly seeking feedback and acting on it. Our latest innovation that we’re about to launch is no different! In this behind the scenes post, we’re going to tell you what our new refer a friend programme is, how you […]
If you buy a property with the intention of selling it on at a profit in the short term, then even if you receive some rental income from it while you own it, you are trading and your profit from selling the property will be charged to Income Tax – and to National Insurance Contributions […]
Properties can make a fantastic investment. As an asset class, they have a long list of attractive characteristics. Whether it is their tangible nature, long-term track record, income production, or ability to utilise leverage, there is certainly something of appeal for everyone. However, property investment does come with one glaring barrier to entry: significant start-up […]
There are so many niche strategies open to you when it comes to property investing, here we’ll cover some of the more popular niches. This list isn’t exhaustive as there are probably as many different types of property strategy as there are property! But here we’ll look at some of the more common and relevant […]
It has recently been reported that Shelter has launched a new campaign focussing on landlords and Letting Agents. This isn’t new; Shelter relies on charitable donations and government funding to pay for their activities, so they like to ensure they are in the public eye. It is fundamental to their business plan to highlight to the public that some landlords and Letting Agents are operating illegally, and that Shelter is there on behalf of tenants to change […]
If you decide to let a room in your main residence, you can receive a rental income of up to £7,500 and have no tax liability.1
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