Estimated number of Landlords falls to 7 year low

Hamptons International’s monthly lettings index shows that the number of landlords in the private rental sector (PRS) has fallen to a seven-year low. Over the last two years the rental sector in Great Britain has shrunk with the total number of privately rented homes falling by 156,410 since its peak in 2017.

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70th National Landlord Investment Show returns to Olympia

The National Landlord Investment Show are celebrating their 70th show to date with a return to Olympia, London on 19th March 2020 with Andrew Neil and Michael Portillo. 

FROM kickstarting their journey at their very first show in Croydon

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Can our father change an Irrevocable Trust?

The question involves a trust set up by my father on his home. Please bear with me I do think it is important to put the background to the story in as it is quite complex.

My father set up a trust about 10 years ago.

The post Can our father change an Irrevocable Trust? appeared first on Property118.

Overseas landlords need to make sure their tax affairs are in order

UK expats often rent out their primary residence when they relocate overseas. It is also the case that some individuals relocate for the primary purpose of limiting their UK tax bill. HMRC is undertaking a sustained campaign to ensure that overseas landlords are paying the tax they owe in full.

The post Overseas landlords need to make sure their tax affairs are in order appeared first on Property118.

Tenant claiming £10k damages?

Hi everyone, I’d appreciate any input that the members might have with my predicament. I am currently the defendant in a case that one of my tenants has brought through the small claims court. The tenant is claiming in excess of 10k against me and has listed the following reasons.

The post Tenant claiming £10k damages? appeared first on Property118.

Call for new Chancellor to reverse decline in PRS

The Chancellor must use his first Budget to take immediate action to reverse the decline in the supply of rented housing, say landlords.

With landlords selling more properties than they are buying and others switching to short-term holiday lets for tax reasons

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72% of Belvoir franchises predict rent increases in 2020

In the wake of Britain’s exit from Europe, a Belvoir survey reveals that almost three quarters of franchisees anticipate rental increases throughout 2020.

“Belvoir commissioned media property expert Kate Faulkner to survey a representative cross-section of Belvoir franchisees in England

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Will rent increase trigger UC application?

I haven’t increased the rent on a flat in over 7 years as there have been no issues with the tenant and he is very settled.

However, to be in line with flats in the rest of the block I’m going to have to increase the rent a little (£50 a month) but it will still be under the one bed LHA rate for the area.

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Review of Council Tax rule for HMOs – Petition

Kevin Humphrey has started a Change.org petition for Councils and government to review Council Tax rules for Houses of Multiple occupancy (HMO). Click here to sign the petition.

“Some local councils are starting to charge by the room for houses of multiple occupancy (HMO)

The post Review of Council Tax rule for HMOs – Petition appeared first on Property118.

Project to reduce the reluctance to rent to tenants on benefits

Shelter Press Release:

Thousands of vulnerable private renters across Greater Manchester were boosted today as the £600,000 test and learn fund for Fair Housing Futures was announced.

The partnership project, hosted by the housing charity Shelter and funded by the Nationwide Foundation

The post Project to reduce the reluctance to rent to tenants on benefits appeared first on Property118.

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