Q&A

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Tax Returns: Tips to Take you from Terror to Triumph

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 …

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What will happen to landlords with low EPC ratings?

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 …

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Quid Game: Six Tax-Planning Wins for Landlords

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 …

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Bills Included: How does Christmas and rising bills impact your income?

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 …

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Landlord Tax Efficiency: What’s the Cheapest Holding Structure for You?

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 …

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A Landlord’s Guide to Allowable Expenses and Income Tax

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 …

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What do I do about anti-social behaviour complaints?

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 …

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What You Need to Know About the Mortgage Industry Today

What is happening in the mortgage industry at the moment and why are landlords so worried? Due to the ongoing instability of the financial markets, the mortgage industry continues to experience unprecedented levels of uncertainty with interest rates still rising and many rates and products being pulled. Not knowing how much your monthly mortgage payments …

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Is Dispute Resolution a Better Solution Than Eviction?

Dispute resolution: The simpler solution to tenant woes? Most problems are best dealt with early, before they escalate. Issues with tenants is no exception, with the average repossession process taking just shy of a year and costing about £3,000 (plus any lost rent, of course). So while some problems will only be solved by serving …

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Everything You Need to Know About Section 21 and Section 8

What do landlords need to know about Section 8 and Section 21? Sometimes landlords need their properties back for any number of reasons, from wanting to sell, to needing to move in themselves.  There are two common routes to repossession – serving notices to tenants under Section 21, or under Section 8. The government has …