When looking for a comparison of typical Private Rental Costs v Income I struggled. The Tax return asks for number of properties [SA105 box 1], Income from rent & property [box 20], They ask for Expenses- rent, rates, insurance, ground rent [24] repairs & maintenance [25] allowable finance costs [26] legal, management, professional [27] Less private use adjustment [30] Taxable profit [40] The profit margin (for our own interest) requires an estimate of the por

23% of private landlords faced rental income losses as a result of the COVID-19 pandemic. With those landlords affected almost twice as likely to sell property as those who were not, the National Residential Landlords Association is warning that the pandemic has exacerbated a supply crisis now facing tenants. A new poll by YouGov for the NRLA has found that, between March 2020 and September 2021, 23% of private landlords lost rent due to the impact of Covid. This included 11% w

A landlord client has bought a probate sale property that is not quite dilapidated but is barely habitable (depending on your definition of ‘habitable’). There is central heating but no boiler. The place is filthy, and he intends to take the house back to the bare brick and completely remodel it, extending the square footage along the way. This project is estimated to take 12 months, so he is renting a flat 800 metres away, so he can keep an eye on the project as it progresses