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Insights
Updated Advice for Landlords on Right to Rent Checks 2022
Right to Rent checks are set to face reforms at the start of the new tax year on 6th April 2022, with 5th April marking the end of the COVID-related temporary adjustments which allowed checks to be carried out virtually. From 6th April onwards, there will be a new permanent online solution which will allow right to rent checks to continue to be carried out remotely, for all nationalities, and with enhanced security.
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Surge in Rent Arrears Sparks Call for Landlords to Protect Their Investments
UK landlords are being prompted to make sure they have appropriate strategies in place to protect their property investments following a recent surge in rent arrear cases. With government data revealing that rent arrears amongst private tenants have increased, and almost two thirds of landlords reporting that they’ve had to absorb arrears-related losses from their savings, it is vital that some form of landlord rent arrears insurance is in place to mitigate future financial issues.
What the Delay to Making Tax Digital Means for Landlords
Originally due to be introduced in April 2023, HMRC Making Tax Digital for Income Tax has now been pushed back to April 2024. What this means for taxpayers and, in particular landlords, is the subject of this latest post.
Heat Source Pump Grants Coming Soon for Landlords
As confirmed in the recent Autumn 2021 Budget, landlords have been included in the government’s heat source pump grant scheme, which will provide access to grants of £5,000 to help replace gas boilers with low-carbon air or ground source heat pumps from April 2022.
Autumn Budget 2021: Landlord Update
The focus of today’s Autumn Budget and Spending Review was post-pandemic economic recovery. From grants to help landlords replace boilers, to a deadline extension for Capital Gains Tax, there are a number of announcements that look set to impact landlords and property investors.
New Evictions Paperwork Compulsory from 1 October
From 1 October, landlords and letting agents are required to use new forms when dealing with Section 8 and Section 21 Notices. It’s crucial that any notice deemed as served from this date uses the new court paperwork to evict a tenant, otherwise it will not be valid. Here’s how it all works.
5 Reasons Why Croydon is a Great Place to Live – and Invest in Rental Property
With its excellent commuter links into London, its offering of fairly priced properties and abundance of leisure facilities, it is no wonder that living in Croydon has become a popular move, and that investing in buy to let property in the area has in turn developed into a lucrative opportunity. Here are five reasons why Croydon could be the place for your next property investment.
New Permitted Development Rights – an Opportunity for Landlords?
From 1 August, new a new Permitted Development Rights (PDR) scheme came into force, making it easier to convert commercial premises on England’s high streets into affordable residential accommodation. The scheme will streamline the planning process courtesy of a more simplified ‘prior approval’ process, rather than a full planning application, opening up opportunities for buy to let landlords in converting commercial properties into residential homes.
Floods in Rental Properties: A Landlord’s Responsibilities
The Environment Agency says that there are over five million properties in England that face a risk of flooding. Landlords are right to worry over their responsibilities should a flood become a problem, especially if it leads to the property becoming uninhabitable. It is therefore useful to know what would be expected of you as a landlord in the event of a flood. Precisely what we are covering in this post.
A Landlord’s Guide to Protecting Tenants Against Legionnaire’s Disease
All landlords have legal responsibilities to ensure the health and safety of their tenants. Under these responsibilities, Legionnaire’s disease ranks as one of the most significant health concerns that must be considered when letting to tenants. Here’s why it’s vital to be aware of what Legionnaire’s disease is, why it is harmful, and how to check for and prevent it.
