Jan 9, 2025 · 2024 sent a loud and clear message: the private rental sector (PRS) is in flux. Some argue the changes empower problem tenants while stripping landlords of vital tools to reclaim their properties efficiently. The exodus of landlords in record numbers speaks volumes. Rising mortgage costs, dwindling ...

Oct 21, 2024 · To maximise your profits as a landlord, it's crucial to minimise your tax liability by claiming all allowable expenses. As a general rule, for self-employed income tax deductions, you can claim any costs incurred solely for running your …

Jan 9, 2025 · Fees for joining the redress scheme and landlord database could be “significantly higher” following further amendments to the Renters’ Rights Bill.. The scheme and database calculations have been updated to include the expected cost …

Oct 9, 2024 · Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.

Dec 10, 2024 · COMMENT: Tax trap has landlords in a quandary. To sell or not to sell? That is the question. Many landlords started investing in property during the boom years for buy to let – late 1999s and early 2000s – and some have built-up sizable portfolios over time.

Oct 30, 2024 · Nathan Emerson, CEO of Propertymark, says: “The UK Government has taken its first steps in delivering a rangeof measures that look to provide more affordable and safe homes for the nation,in which we desperately need with a growing population. “However, what we now need to look out for are the crucial plansthat underpin all of these proposals as without the correct infrastructure,these ...

Sep 18, 2024 · The Renters’ Rights Bill will introduce the biggest changes to the way in which the rental market operates in more than 30 years. The loss of Section 21 and the fixed term have stolen most of the headlines, but the new Bill also proposes a number of changes to the way in which standards in privately rented properties are measured and enforced.

Dec 2, 2024 · The Renters’ Rights Bill will add extra cost for tenants as well as landlords, and it will cause landlords to leave the private rented sector (PRS).

Renters (Reform) Bill: How will the changes to evictions affect landlords? - The Property Cast. In this episode of The Property Cast, Eddie and Paul are joined by special guest Paul Sowerbutts, Head of Legal at Landlord Action, to discuss how the …

Nov 2, 2023 · The Landlord and Tenant Act 1954 Part II and contracting out. Anyone investing in commercial (no-domestic) property, from small retail shops, offices and workshops, to large retail and industrial premises, should have a good understanding of this legislation - the Landlord and Tenant Act 1954 has set the legal framework for letting commercial property in …