M K

Reply to the comment left by Keith Wellburn at 28/10/2026 - 16:49"From 2027 to 2028, the property basic rate will be 24%, the property higher rate will be 44%, and the property additional rate will be 49%." https://www.gov.uk/government/publications/budget-2026-overview-of-tax-legislation-and-rates-ootlar/budget-2026-overview-of-tax-legislation-and-rates-ootlar

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Reply to the comment left by Gromit at 13:57 As much as I hate this tax increase, lets not pretend that the Tories weren't behind the removal of interest deductions (George Osborne) or that they weren't the architects of the...

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Reply to the comment left by Marco Landlord at 26/10/2026 - 12:17Agreed. I will be using the following website to check for any prospective tenants name. www.gov.uk/residential-property-tribunal-decisions

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To an extent, I can sympathise with challenging grossly inflated rent renewals beyond what the tenant signed up to. But how can a tribunal intervene on a contract rate that the tenant agreed to from the very beginning – and...

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Reply to the comment left by Wobsy Clayton at 04/09/2026 - 10:07Let's not pretend this was all Labours fault. it was George Osborne who started the nonsense by removing interest as a deductible expense and it was Gove who then...

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I've recently mandated a visual inspection of any prospective tenants current property. If it's fair for them to view and assess my property before agreeing, then it's fair for me to inspect how they've treated their current property. It avoids...

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1. Making a girlfriend a joint tenant does you no favours. If anything, it might only complicate matters if you wish to evict him/her. 2. She may not even be a serious long term partner. I don't think you have...

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This is precisely why the initial rent should never be discounted and should be set high (at least market rate or higher) so that future tribunals can't challenge it. Tribunals can only challenge increases, not the initial rate.

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References from a tenants current landlord are not worth anything to a prospective landlord. The chances are that any landlord would want a problem tenant out of their property, so a glowing reference may just be a means to achieve...

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This is why all landlords should be increasing rent in line annually (even if modest), rather than leaving it to accumulate. The tribunals don't care that you as a landlord had effectively discounted the rent in previous years by not...

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If it wasnt for the fortunate position of having very good tenants in my property, I would have definitely sold out months ago. But the moment they do leave, I will look to sell (probably 1-2 years away at least)....

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I have never heard of landlords charging to view a property. Personally, I would not do that, and I can't see why that's an acceptable practice. Are there expenses involved just to view? I'm all for a charter as long...

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Reply to the comment left by Mick Roberts at 25/02/2023 - 07:05Strange that you would blame Corbyn when he was never in the actual Government, but it was the Tories for the past TWELVE years who implemented all of the...

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Call for an energy price freeze because "energy companies can afford it". Won't ever read that headline, will we, despite the BILLIONS posted in actual net profit! But somehow individual, small landlords - many with mortgages with recent interest rate...

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If I was exposed to higher risk such as a higher LTV or a troublesome tenant, then I absolutely would look to sell given the Rental Reforms coming into force soon. Would not be too difficult to sell in a...

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The response from the Government is disingenuous and pathetic. They talk about imposing a fair and equal tax deduction for both basic rate and higher rate taxpayers. If fairness had anything to do with it, then why don't ensure parity...

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Reply to the comment left by Troubled landlord at 23/12/2022 - 11:43It sounds like the new conveyancing firm took your statement as fact and then didnt bother to look beyond the 99:1 beneficial ownership claim, but I still find it...

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1. The trust determines the beneficial interest and it is the beneficial interest that determines the rental tax or CGT liability. If the beneficial interest was set at 99:1 and this was shared with HMRC, then HMRC will probably take...

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Rent refund tax implications?

18th October 2022, 4 years ago

I'm not an accountant but I'm pretty sure your income is not dependent on what the agent takes from the tenant per se, but rather what you EARN from the property less costs/expenses. Either you report your earnings as "rent...

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This is utterly stupid. The increase in energy costs was not factored into any all-inclusive tenancy agreement prior to 2022, which means the tenant has not incurred any of the extortionate increases in energy cost. The energy rebate should be...

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M K

M K


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