All posts by Property118.com News Team
Property investors to see 9.6% returns by end of 2010. Information...
The housing market seems to have shaken out the inflation excesses of the boom period of a few years ago.
Estate agents, builders and lenders are all reporting a stable level of activity, even though this...
Property investors and the HMRC PAYE tax code bungle...
Millions of landlords and property investors are tied up in the HM Revenue and Customs PAYE code bungle and may have to pay back tax wrongly calculated over previous years.
Any property investor who has...
Bank of England pegs interest rate at record low yet again. That’s...
Buy to let mortgage borrowers can breathe a sigh of relief for another month as the Bank of England’s Monetary Policy Committee has voted to keep the official bank rate steady at 0.5%.
The decision...
Minister scraps HMO planning rules.
Housing minister Grant Shapps has scrapped complicated blanket planning rules for houses in multiple occupation (HMO).
He has announced new regulations aimed at cutting 8,500 HMO applications from the...
Big fines for landlords who flout new tenancy rules. Student...
Landlords could face big fines if they do not act to comply with changes to assured shorthold tenancy agreements from next month.
The change means compulsory tenancy deposit protection comes in to force...
Does anyone know how much tax they should pay? Landlords and...
Tax is obviously too taxing for most people as around 1.4 million UK workers have to repay an average of £1,400 each in underpaid tax following errors by HM Revenue & Customs (HMRC).
On top of that,
Brokers break the banks for mortgage choice. PR based report...
Independent mortgage advisers have thousands more loan products to choose from across the market than direct providers like banks and building societies.
Independents could source mortgages for clients...
Dangers of signing over property to your family. Quality advice...
Signing a home over to family is not an easy solution to tax problems or trying to avoid paying for care in your old age.
In many cases, the switch in owners can cause more issues than the action was meant...
Handling a property tax compliance investigation or “compliance...
More and more investors and landlords who have not owned up about their property profits are under scrutiny from the taxman.
The first indication you are under investigation for unpaid tax is often a benign...
Brokers set up more COMMERCIAL loans but cash is still tough...
Buy-to-let lending through specialist business finance brokers is up 66% in 2010 – but is still way behind the billions borrowed at the height of the property boom.
Commercial finance brokers arranged...
Investors see homes double in value in the last 10 years according...
Property investors have seen homes double in value over the past 10 years despite the ups and downs of recession.
Semi-detached homes were the biggest winners returning an average 111% increase –...
Don’t regulate landlords any more, urges Residential Landlords...
A landlord group has responded to the government’s challenge to identify changes to the law that would make running a business easier.
The Residential Landlords Association (RLA) has responded with...
IFA firm joins forces with The Money Centre...
The two firms Directors explain how the relationship will enhance the relationship with, and the service available to, the customers of both businesses.
Mortgage Express client labels their Choices Overpayment Scheme...
Mrs Anne Nixon, a Mortgage Express customer, has reported to landlord News;
“Over the last year I have over-paid 2 of my mortgages by over £7,000 through Mortgage Express’ ‘Choices’...
Buy to let bonanza as rents set to soar.
Increasing tenant demand and a fall in the number of properties available to let are driving rents higher, says the latest letting market review from the Royal Institute of Surveyors (RICS).
Tenant...
Bank of England Report. Mortgage lending figures released from...
The Bank of England statistics for lending to individuals – which covers homeowner loans and buy-to-let finance – showed net lending secured on dwellings increased by £0.1 billion, below the...
Does a landlord always have to pay for repairs?
Tenants pick up the phone and call the landlord or letting agent at the first hint of a problem with the home they are renting – but it’s not always down to the property owner to foot repair...
Are 8% interest rates scaremongering?
Mark Alexander explains why, even though rates at these levels are extremely unlikely, high interest rates due to high inflation over a sustained period could actually be extremely good news for landlords...
Paying tax is not an option for buy-to-let landlords. This short...
Paying tax is not an option – there’s not a box on a self-assessment form for ‘no publicity’ or to cancel your annual payments to HM Revenue and Customs.
The rules say that if you...
The Money Centre’s Portfolio Review Platinum Package is proving...
We’ve been reviewing our client’s property portfolio’s now for 20 years and making recommendations that have transformed many of our clients to millionaire status. However, we’ve...
Claiming back Inheritance Tax (IHT) if house prices have dropped...
Families and friends of someone who has died that have paid out Inheritance Tax (IHT) on land or a home that was sold for less than the value of the property when they took over ownership can reclaim some...