To get you started, the boys in the office came up with the following answers:
- Hugh Heffner to organise the party guests
- Aggie and Kim (off the TV program “How Clean Is Your House)
- Jamie Oliver to provide the party food
- Bob the Builder to fix it, so they don’t have to.
Time is running out in some cities for house in multiple occupation (HMO) investors to expand their property portfolios.
The repeal of HMO planning rules by Housing Minister Grant Shapps has given property investors who want to open new shared houses or extend existing properties a window of opportunity. Continue reading HMO investors must not shun planning opportunity
A proposed new law requiring buy to let landlords to provide a wired-in fire alarm in their rental property has failed to gain support in parliament due to fears over cost.
Liberal Democrat MP Adrian Sanders claimed his private members bill would save lives and prevent injuries in fires every year. Continue reading £500 million cost for buy to let fire safety is ‘too much’
New guidelines for shared house owners have put a stop to most claims from property investors for capital allowances that can considerably slash income tax. Continue reading Landlords to pay more tax as HMO loophole closes.
Experienced landlords are still expanding their buy to let portfolios and accounted for nearly 10% of all mortgage broker business in the three months ending September 30.
Soaring numbers of enquiries from tenants and a lack of properties to rent are driving demand that is giving investors’ confidence to buy more homes. Continue reading Professional landlords snap up more homes to let. Buy to let accounted for nearly 10% of all mortgage broker business in the three months ending September 30
Many property owners are confused over whether they should declare the money they earn from letting.
Here’s a list of some of the most common misconceptions about making a tax return:
British taxpayers are vying with those in Sweden, Denmark, and the Netherlands to pay the highest rates of tax in Europe.
Top rate taxpayers here also suffered the largest tax hike in the world when rates soared to 50% for those earning £150,000 a year or more in April, according to a report by accountants KPMG. Continue reading UK income tax hike was world’s highest for 2010
Student landlords and shared house investors planning and licensing rules face scrutiny under a second legal challenge – this time by local councils.
The rules are already facing High Court review after landlords in Oxford decided to take on the city council over plans to take up tighter planning and licensing controls. Continue reading Councils challenge HMO planning reversal in High Court
Capital allowances are mind-numbingly complicated and even confuse some accountants, but making the effort to unravel obscure tax points can save some property investors paying thousands of pounds in unnecessary tax.
This tax reducer is especially important to anyone with:
Buy to let lender Paragon is jumping back into the landlord mortgage market to fill the hole left by Lloyds Banking Group tightening up borrowing terms.
Landlords can expect to see more jockeying for position in the market with new products and lenders coming to the fore as Lloyds have left a massive whole in the sector. Continue reading Paragon opens books for more buy to let mortgages