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Tax statement from letting agents?

Tax statement from letting agents?

25/05/2016

My new letting agents normally sends me a monthly rental statement, but on my May 2016 statement there’s a deduction of £75.00 plus vat. I did received an A4 sheet of paper from the letting agent with the last six months rental and deduction as a tax statement, but thought nothing of it! I questioned… Read more


Liverpool Landlord Licensing Falls Foul Of Deregulation Act

Liverpool Landlord Licensing Falls Foul Of Deregulation Act

24/05/2016

Not only does the application form for Liverpool Landlord Licensing fall foul of the Data Protection Act, the scheme rules also fall foul of the De-Regulation Act. I refer to condition 4 of their Landlord License . The Council insist that Landlords issue a section 21 where anti-social behaviour is taking place. Their specified timeline… Read more


Landlord guide to Tenancy Deposit Schemes

Landlord guide to Tenancy Deposit Schemes

24/05/2016

Tenancy Deposit Protection (TDP) schemes are companies approved by the government. They have the authority to govern tenancy deposits and oversee the process of deposit returns, deductions and disputes. Many landlords believe it is okay to let a property to a tenant and not take a deposit. Though in some circumstances it’s okay, it’s not… Read more


What does the Deregulation act 2015 mean for Landlords?

What does the Deregulation act 2015 mean for Landlords?

24/05/2016

The Deregulation Act 2015 was passed on 26 March 2015 in a bid to reduce some of the burdens of previous legislation which no longer had practical use. The act as a whole covers measures relating to: general and specific areas of business, companies and insolvency the use of land, housing, transport, communications, education and… Read more


Transferring BTL deposits from my trading company to SPV?

Transferring BTL deposits from my trading company to SPV?

23/05/2016

I’ve been contracting through a one-person limited company for 5 years now and have accrued profits that I’d like to invest in Buy to Let properties. I’ve read about setting up an Special Purpose Vehicle (SPV) to invest through, but what I can’t find any details on are the options for transferring the deposit between… Read more


Should I be doing my own repairs and improvements?

Should I be doing my own repairs and improvements?

23/05/2016

Over the years I have done a lot of work to my own properties, because I have been involved in the building trade for many years I am reasonably multi-skilled and as such I have done a lot of work on my properties myself. Most recently I have improved a property significantly and spent about… Read more


Fire Safety Logbook

Fire Safety Logbook

23/05/2016

The National Landlords Association (NLA) has launched a new version of their Fire Safety Logbook which has been endorsed by the Chief Fire Officers Association (CFOA). The Fire Safety Logbook aims to help landlords in England and Wales keep a record of their fire safety precautions in one document. The new logbook includes updated regulations… Read more


Free webinar on the removal of travellers from land

Free webinar on the removal of travellers from land

23/05/2016

We always find that we’re called on more frequently to remove travellers during the spring and summer. With this in mind, The Sheriffs Office will be running a webinar on the removal of travellers from land under a High Court writ or Common Law on Thursday 9th June from 12.30 to 13.30pm. The complimentary webinar… Read more


Agents using advertising photos of my properties?

Agents using advertising photos of my properties?

23/05/2016

Last year I used a few estate agents to let my two properties in two different areas. Somehow, one of them was successful in letting both. I however noticed that six months on two agents (one of them who was successful) are still using the photos and address of my properties on their general property… Read more


Convert to HMO or Register for council tax or Sell?

Convert to HMO or Register for council tax or Sell?

23/05/2016

I have 3 HMOs 2 registered and one I was told was not registerable. I was told by the HMO man from the local council as it was self contained units so we just carried on as we were. I’ve now had a letter from the council/valuation department to tell me that as they are… Read more


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