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 may be constrained for property investors looking for profits from capital growth. Continue reading Property investors to see 9.6% returns by end of 2010. Information acquired from various sources including Halifax, Nationwide, IMD and NAEA
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 tax collected under the PAYE scheme or receives a notice of coding for pension payments could be drawn in to the net. Continue reading Property investors and the HMRC PAYE tax code bungle
Building on the success of a property business involves much more than managing tenants in rental homes.
Many investors start to lose a grip of their property business once they have two or three successful property transactions under their belt and their portfolio starts to grow. Continue reading What sort of property business do you run? This is the first in a series of articles that we will be running in Landlord News explaining how to optimise the ownership structure of your property business for tax purposes
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 from an August average of 4,545 products – up 19% from a July average of 3,807 – while direct lenders could select from a restricted range of 1,505 loans – up 7% from the 1,401 available in July. Continue reading Brokers break the banks for mortgage choice. PR based report from Trigold Crystal, a software company providing mortgage sourcing software for brokers
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 ‘compliance check’ letter through the door. Continue reading Handling a property tax compliance investigation or “compliance check”. Our specialist tax and accountancy partner provides useful insight and guidance
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 – just over the 110% for terraced houses and 109% for bungalows. Continue reading Investors see homes double in value in the last 10 years according to a survey from the Halifax.
In these times of austerity, many people are looking at ways to save money but one expense that is well worth the bother is making a will.
Simply, if you don’t have a will when you die, you risk everything you have worked so hard for throughout your life not benefitting those you want to see looked after financially. Continue reading Don’t just leave financial problems when you die. An interesting article from Steve Sims, freelance journalist and author of The Dummies Guide to Property taxation
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 bills.
The landlord has an obligation to make sure a rental property is fit for someone to live in – but that does not mean they are responsible for every problem once the tenants has moved in. Continue reading Does a landlord always have to pay for repairs?
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 earn the money, then you must pay the tax, but you can manipulate the rules to make sure you do not pay a penny more than you should. Continue reading Paying tax is not an option for buy-to-let landlords. This short eBook, which has been written by our recommended tax and accountancy partners, is an excellent guide for landlords who have yet to file a tax return