Refinancing in the current economic climate Managing mortgages is never fun, is it? When you’re facing refinancing, even less so. With interest rates bouncing around all over the place, it is a worrying time for everyone, and no one more so than for landlords. To try and clarify exactly what is happening with the money …
No landlord wants to go to court, but can it really be avoided when looking to get your property back? Going to court is a scary thought, and frankly, not something that anyone would really fancy doing on a regular basis. However, with upcoming changes in place to reform the repossession process, landlords are likely …
Nobody likes change. No matter what it’s all about, any sort of kink to the routine can send even the coolest of us into a bit of a flap. No matter how much we protest though, change is on the horizon in 2023, with rental reforms promised as part of the government’s Levelling Up scheme. …
Landlord Tax: 3 Dos and 3 Don’ts you Can’t Afford to Miss Anyone paying attention to the past six or so years knows this much: things change. Yet, to paraphrase a very old saying, taxes aren’t going anywhere. Sometimes, you fall into being a landlord. Sometimes, you dip a toe in and your portfolio grows …
What will happen to landlords with low EPC ratings? Many landlords are concerned about upcoming changes to the minimum EPC rating permitted in privately rented homes (PRH), which looks likely to rise from E to C in 2025. The costs of upgrading properties to meet the new EPC standards, alongside a lack of funding for …
Prepping Pays Off: How to save on your tax Ah, a less expensive 2023 – wouldn’t that be good?! When it comes to tax planning, there are always opportunities to save money. But what are they, and how do you know which ones are best for you? Whether you’re a novice or veteran, get ready …
Everyone tends to use more energy in the winter months to keep homes cosy and bright, but how does that affect your income if you rent with bills included? Many landlords of housing with multiple occupancy (HMOs) rent out their properties using all-inclusive rents which cover some or all bills as well as the basic …
What do you know about holding structures? Given the current economic turmoil, we’re all keen to make sure we’re not paying over the odds. It’s never made more sense to try to keep as much money firmly in our wallets as we can. This is true across the board, be it turkeys, telephone bills or …
What does a landlord need to know about allowable expenses and income tax? Landlords can reduce their income tax bills by claiming back certain expenses associated with letting out their properties. However, not all expenses are allowable – i.e. accepted by the tax office – so it’s important to understand what you can and can’t …
I’ve had anti-social behaviour complaints about my tenant, what should I do? Anti-social behaviour ranges from playing music too loudly and dumping rubbish on the street, all the way through to threatening, abusive and violent behaviour. Many people will encounter some form of anti-social behaviours at one time or another, but if the perpetrators are …
