My daughter is living, rent-free, in my last remaining BTL, a leasehold flat. Decided that with all the additional legislation coming to get out of the PRS. In 2021-22 I did not rent out the 2nd bedroom due to worries re Covid and having eventually managed to remove my daughter's flatmate from hell. I am still liable, as owner, for the monthly service charge and any additional repairs/exterior and communal maintenance. 1. Can I claim these expenses as allowable expenses to o

My personal view is that an interest only mortgage is far better than a capital repayment mortgage, here's why ... Back in 1971 my parents borrowed three times their joint income to buy a house that cost them £3,000. Yes you read that right, THREE THOUSAND POUNDS, and that bought them a three-bed house in South Staffordshire. They put down a 10% deposit and took on a mortgage for the balance of £2,700. It was a real stretch for them because mortgage interest rate were five ti

The moment we’ve been anticipating has arrived; two weeks since Gove released his White Paper for a “faired private rented sector,” Landlords are taking stock of how best to deal with the upcoming changes they now need to make to their buy-to-let portfolios in a bid to meet the criteria of a “levelled up” housing standard for tenants. It’s come at a difficult time: many of us are mid-incorporation, many of us are facing huge tax bills, many of us knew we’d have to refur