Landlords: pawns in a political game?

Housing has always been a political issue, but as the levels of home ownership fall and concerns rise about Generation Rent, it’s become even more of a hot potato. Last week, on top of everything else that we’re facing, MPs called for the abolition of Section 21 evictions. The debate raised fair points but was […]

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Everything you need as a landlord – without the supermarket tactics

Supermarkets know a thing or two about getting you to buy their products, including the things you don’t really need. They fill their shelves based on studied patterns of eye movements. They slow you down with relaxing music. They hide their bread and milk – the essentials – deep inside the store. They even have […]

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Looking for the right location? Head to Manchester

  The buy-to-let business has definitely got harder. But – and this may appear controversial – before recent Government changes, it was perhaps a little too easy. With few barriers and high returns, the sector was attractive to some people who didn’t have the skills, the attitude or the responsible approach that being a landlord […]

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Landlords – stick to the rules to keep your income

In April, the system for fining landlords in breach of housing regulations changed. There’s now a maximum penalty of £30,000 which can be imposed without court proceedings. What’s more, local authorities have the right to recover up to 12 months’ rent from those landlords who have harassed their tenants or let properties which are in […]

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Right to Rent Checks – following up

Now that the dust has settled over the introduction of Right to Rent checks, the smaller details of the rules are beginning to cause some concern. We’ve just about got to grips with the idea of the initial check and the documents we’re required to keep, but what happens where all the checks are fine […]

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Another increase in Insurance Premium Tax

We feel like apologising for yet another increase in the standard rate of insurance premium tax (IPT) which will apply to policies with effect from 1st June 2017, but of course, we don’t have much say in Government policy. The Chancellor’s decision to increase the rate from 10% to 12% seems harsh. Only two years […]

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Are you feeling skint yet?

Tax relief changes are in progress. Are you prepared? At the time of writing, it’s a week since the Government’s changes to mortgage tax relief allowances for landlords started to bite. Of course, you haven’t noticed the hit in your pocket yet. It’s when you do your tax return that the real costs will finally […]

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An incentive scheme worth checking out

If you’re old enough to remember Green Shield Stamps or used to collect ‘Tiger Tokens’ when you filled up your car, you’ll know all about incentive schemes where it took forever and cost a small fortune to earn a wine glass or a teapot. That’s not how we do things at LegalforLandlords. For a start, […]

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It’s less than a year to ‘E-Day’

We’ve mentioned it before and we’ll probably mention it again, but changes that have a long lead time are easily ignored until the last minute – then, there’s a panic. Think about the system crashes at HMRC when everyone tries to file self-assessment tax returns on the last day. We’re putting this in big letters […]

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Incur a £30k fine without going to court

That headline might look ridiculous, but it’s not just an attention-grabber. It’s the reality of changes that come into force on 6 April 2017. From that date, local authorities’ powers under the Housing Act 2004 are being strengthened in two key areas: Rent repayment orders Fixed penalty notices. The Government crackdown on criminal and irresponsible […]

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