Category Archives: Legal

Landlords who have incorporated their rental property business using the BICT structure have done so in order to retain competitive mortgages terms and/or avoid or defer the costs of refinancing.

Many blame Foxtons for the Chancellors decision to ban letting agents charging fees to tenants. Unsurprisingly, Foxtons have seen their share price plummet, but that’s far from the end of their...

Partnerships operating a property rental business can convert to a Limited Company status (“incorporation”) and claim tax relief to offset both capital gains tax and Stamp Duty that would...

Sometimes ignorance is bliss, at other times it is very expensive!  About a year ago I spoke with a very established landlord who, together with her partner, were in the process of selling many of...

You may well have seen the latest articles posted by Larry Sweeney which highlight the flaws in the Liverpool Landlord Licensing scheme. If not you can READ THEM HERE. If there is a sufficient...

Having raised over £500,000 to take West Bromwich Mortgage Company to the Court of Appeal it has been suggested by numerous Property118 members that we should become a Landlords Association.

It is our view that SDLT will be payable on transfer on the full value of property even if only the beneficial interest is transferred to the limited company, exactly the same as would be the case if...

Many of the landlords I have spoken to about incorporation (to avoid the effects of the new tax changes) have also spoken to their accountants. By using section 162 incorporation relief, many now...

18th November 2015 may well be marked in history as the beginning of the end for most private buy-to-let landlords.  Restrictions on the amount of financing costs which can be deducted by...

GENERAL GUIDANCE  If you have been retaining profits after paying the higher rates of income tax then you have probably been paying more tax than necessary. IS TAX AVOIDANCE LEGAL? The law...