The “Party’s over for landlords as buy-to-let reforms bite” That was the headline in the Times on 12th December 2018. The article said …… “The so-called ‘dinner party’ property investor is disappearing, with the number of landlords falling by 120,000 in less than three years after stamp duty reforms were introduced by George Osborne. Figures […]

The Bank of England Monetary Policy Committee unanimously voted at this months meeting to hold the Bank Base Rate at the current 0.75% level. If anything the pressure on the rate was negative rather than any risk of it increasing especially with softer oil prices. Although the November retail sales figures released lunch time today, […]

I’m very confused with Section 24 Tenant tax. Please can someone clarify the simple profit calculation for a Buy To Let for YE2018 Rents received £30,000 Repairs & renewals £10,000 Mortgage Interest £10,000 So to the Layman the Profit is therefore £10,000 meaning tax at 20% i.e. £2,000 is due. But what should the calculation […]

The Teachers Building Society has entered the Holiday Let mortgage market launching a new mortgage specially designed for properties in the holiday let sector. Teachers is an old lender, but although until fairly recently they only focused on lending to teachers they have now opened up their proposition and not only will they lend to […]

My property was sold under a Compulsory Purchase Order (CPO). I was advised I could roll over the capital gains if I used the proceeds to buy another investment property. I have seen two accountants to try and find out if I need to inform the Inland revenue and if so how or I can […]

It was announced earlier this week that Emoov have gone into Administration, so if they are your agent under their merger with Urban.co.uk you’re probably considering your options. The solution we suggest is that you have a chat with LettingSupermarket.com about a special deal they have put together to enable you to trial their service […]

David Cox, ARLA Propertymark Chief Executive, said: “It looks like tenants are starting to take control, with the number of landlords hiking rents falling for the third month in a row. However, as we look ahead to 2019, things don’t look as positive for tenants. Our members expect more landlords to be driven out of […]

44% of private landlords are less likely to rent to those without a British passport according to new research from the Residential Landlords Association (RLA). This figure has increased from 42% a year ago and comes as the High Court today begins a Judicial Review of the Government’s flagship Right to Rent scheme. The scheme […]

Open Letter to Nottingham Council: Some Landlords have asked me to talk to you regarding your refusal to work with good landlords. Before you ask me, they are not going to come forward directly cause they are scared you will target their houses come inspection time. You have already been told this. You are creating […]

The results of Belvoir’s Q3 rental index, compiled by TV property expert Kate Faulkner, confirm that landlords are continuing to exit the property market, although not at the rate anticipated by previous research. Eviction rates remained very low, and rents showed a slight decrease, but franchisees are predicting rental rises in 2019. Franchisees are reporting […]

For the second year in a row, tenancy deposit disputes in Northern Ireland have taken place in less than 1% of cases (0.86%), despite a rising number of deposits being protected. The news comes after the release of TDS Northern Ireland’s Annual Statistical Briefing. Released in TDS Northern Ireland’s annual Statistical Briefing, the figures showed […]

We Caridon Landlord Solutions are working with the Department for Work and Pensions on a campaign to reach out to both Social and Private Rental Sector landlords to provide information about Universal Credit that will help them support their tenants. DWP has developed a new suite of landlord communication products including a top tips guide, […]

Over the last year I have submitted many HMO applications to Camden Council so to comply with their new additional HMO scheme (note: they are the only borough currently who are imposing this onto their landlords). After submitting the application and having had a visit from the inspector we have carried out the works in […]

Can I go into the property, repossess and changed the locks after the date of the Court Order? My tenant is out for a while without telling me he is leaving nor giving the keys back to me. It seems he has moved out by the way letters were hanging out of a letter box, […]

I own a flat within a converted building where the above property is a house. I and the above owner have a 50% freeholding in the property. I rent my flat out and live elsewhere. I was recently contacted about a leak which would need repair. I asked for quotations to which the owner upstairs […]

Editors note: The voting form has recently been set up again so you can only cast one vote. Dr Beck would be most grateful if you could vote again if you haven’t already. Many thanks. In recent months there has been much speculation about a general election being called early. I would like to get […]

One of our excellent Buy to Let portfolio lenders, Fleet mortgages, has announced it is now offering free valuations on properties worth up to £500,000. On top of this they have reduced the rental stress testing calculations to 125% interest cover at the pay rate allowing customers to borrow extra £20,000 per every £1000 of […]

The Government recently launched a consultation on setting up a specialist Housing Court in England to try to speed up the legal process for both landlords and tenants. Since it launched there has been lively debate, but what has been largely left out is the very recent experience for tenancy deposit-related rulings of a similar […]

The Scottish government has announced in its recent budget that it will be increasing the Land and Building Transactions tax (LBTT) additional dwelling supplement to 4% from 3%. This will hit any additional landlord or second home purchases and if approved by the Scottish Parliament will be effective from the 25th January 2019. However, any […]

Since April 2018, under new measures privately rented properties in England & Wales with an Energy Performance Certificate (EPC) of F to G (the two lowest energy ratings) must be improved by landlords before they can be put on the market for new tenants, and from 1st April 2020, all existing tenancies will require a […]

I have a 1 bed maisonette that I bought as a repossession circa 7-8 years ago. The sale of the flat collapsed due to the lease being defective, which I wasn’t aware of (a neighbouring flat has built on my outdoor space and the parking spaces have swapped). I have been advised that I will […]