We have had a property management company for many years and have a few properties held within the company. Our 2 adult children are also shareholders of this company. If we incorporated the rest of our properties should we start another company or is it possible to utilise the existing company? Sorry if this has […]

I am aware that, Digital Taxation is applicable to those Landlords whose turnover (Gross Rent) is in excess of £85000. So am I right in assuming that if you and your wife has rental income in excess of £170000 then Digital Taxation requirement will apply or is it £85000 in total? Secondly there is some […]

The Family Building Society are an interesting little niche lender for landlords especially now while criteria is such a key decision maker for borrowers. They are selling on availability to less standard requirements rather competing on price. Buy to Let mortgages available for: Limited Companies – if the borrowers do NOT want to provide a […]

Jeremy Corbyn was responding to a Guardian article “Hundreds of thousands living in squalid rented homes in England” when he accused the government of being unwilling to fix the housing crisis because they were “in the pockets of rogue landlords.” Corbyn said: “The squalid and unsafe conditions that hundreds of thousands of people face are […]

I have a question regarding the best way to go about optimising tax payments as necessary on a new buy to let. I am in the process of changing a residential property into a buy to let At the moment the property is in my name. The mortgage is also in my name and I […]

A year ago I purchased a Buy to Let in my own name, I am looking to buy my own residential home to live in. The property value has around 50k equity and 100k mortgage. My first question is, if you put your property into a private limited company or possibly a partnership could you […]

We have had a tenant vacate a property unexpected. Verbally over the phone the tenant has told us he has left and the deposit (£600) will cover the rent arrears of (£500) plus the damages to the property they had left. When we finally got possession of the house back the estate agent who did […]

The Ministry of Housing, Communities & Local Government has now released the National Statistics English Housing Survey 2016 to 2017 headline report. Click here to see the full headline report. The Private Rented Sector (PRS) continues to be bigger than the Social housing sector and is now the largest individual tenure in London. 4.7 million […]

I have 4 BTL properties in the SE of England, I decided to sell one of them and very quickly received an offer and accepted. However, after 3 months the sale fell through (buyer change of mind), I have now decided to keep the flat and rent again. My question is whether I can claim […]

I understand that the first level of tax planning to undertake is a restructure of our income to optimise all available basic rate tax allowances with my wife, we married on 26/05/06. (Currently these are £45,000 each). The tax changes to mortgage interest relief will not affect us, as our four flats are mortgage free […]

This question is for the tax year 2016-2017. My wife and I did a ‘Let to Buy’ on a flat we owned. At the time, we owed 125,000 to the bank and when we took out our buy to let mortgage we increased the borrowing to 250,000. £125,000 we used as a deposit on our […]

Brian Johnson, insolvency partner at accountants HW Fisher comments on the UK’s 2017 insolvency statistics just out. Company Insolvencies: “Even stripping out the distorting effects of the two spikes triggered by law changes, the overall trend is up, with the number of companies going to the wall rising steadily throughout 2017. “While November’s interest rate […]

A Standard and Poor’s (S&P) Global report into the effects of Section 24 mortgage interest relief restrictions is predicting over 60% of landlords who purchase property between 2014 and 2016 will make a net loss on those properties by the time the restrictions are fully applied in 2021. However, S&P only predicted 4% of landlords […]

I have a mortgage which was originally taken out with Mortgage Express. It was moved from an interest only mortgage to a repayment one before they hit hard times. Now they will not allow me to switch it back. ( asked a few years back ) I am therefore possibly looking to remortgage to an […]

The Court of Appeal has ruled in favour of the trustees of the Sloane Stanley Estate, which owns freeholds in Chelsea. The case of Mundy vs the Sloane Stanley Estate was a landmark ruling for valuing leases with under 80 years left on the term. On one property the leaseholder was applying for an extension […]

I have a vacant disused warehouse. I have received planning permission to convert into three dwellings. The current floor space is over two stories is 300m2. A new third floor is being added increasing the floor space to 399m2 My question is as my net gain is just under 100m2 gain am I exempt from […]

Nine years ago my wife, myself and two friends did two Joint developments. Land registry and mortgages in all 4 names, but our tax lives are massively different now. Whilst we have a good amicable relationship I would like to figure out how we “de-link” ourselves by splitting up and having one property each without […]

After incorporating our property rental business we now wish to raise finance. The whole process was dealt with by Cotswold Barristers who were very helpful. For all mortgaged properties the beneficial interest was transferred to the newco. However, there were a number of unencumbered properties within the portfolio and for these the legal titles were […]

The past few years have seen the rise in what is known as the accidental landlord. These are people that have ended up renting their property as a result of circumstance rather than design. They may have had to relocate or split up with their partner or inherited but, having been unable to sell the […]

Hello. I was wondering if anyone knew whether PPR Relief still applies against CGT even after you have become non-UK Tax Resident, where the PPR Relief relates to the period when you were still UK Tax resident? Can you use PPR Relief in conjunction with the rule that allows non-UK tax residents to only be […]

Is it OK to do the self management of a property (its only one initially) via a separate company I own (100%)? Rent would be paid to the company, then the company pays me say 90% of the rent as the landlord and retains the 10% as a management fee. I am already an employee […]