Capital Gains Tax Reduction for Landlords Selling to Tenants

Capital Gains Tax Reduction for Landlords Selling to Tenants Chancellor Philip Hammond is said to be considering handing a capital gains tax break to landlords who sell their buy-to-let properties to long-term tenants in his budget this month. The proposals were put forward by “Onward”, (the rather silly-named Conservative think tank). The idea is that landlords could be made exempt […]

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The Future for Buy to Let Landlords

David Lawrenson of LettingFocus sees some positives from what appears to be a gloomy year for landlords. The Future for Buy to Let Landlords It’s been a funny year for so called “buy to let” landlords. They have been clobbered by George Osborne’s hikes to Stamp Duty Land Tax (SDLT) – a special tax designed just for pesky “Mom and Pop” landlords. Interestingly, […]

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Private Letting Relief Will be Axed

For those that don’t know, here is how politics works…. Private Letting Relief Will be Axed The government puts out in a series of “half leaks” that it is looking at eliminating or cutting the amount of buy to let mortgage and other loan interest and fees that a landlord can offset against rent. This is what they are doing now – and […]

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Why British Citizens Are Second Class Citizens for Capital Gains Tax

David Lawrenson, of property consultancy www.LettingFocus.com says British citizens are being treated like second class citizens when it comes to property tax. If you were following the recent mini statement from Chancellor George Osborne last week you will have heard how overseas investors in our residential property markets will now have to pay capital gains tax – just like they […]

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The Private Rented Sector Landlords and Tax

Private rented sector consultant David Lawrenson of www.LettingFocus.com looks at calls for reform of tax in the private rented sector. In last weeks’ blog I looked at the housing associations, private landlords and the case for housing associations to get involved in “market renting”. In the course of that blog I also mused on the government’s increasing willingness to get […]

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Generation Rent, the Nation of Renters and Landlords Taxes

A recent survey and press release from the Halifax (the ones with those annoying but oddly impactful adverts of the two girls making a jingle and spilling their coffee) got a lot of column inches. “Suddenly we are becoming nation of private renters” says the Halifax. Those of you who have followed my work for a while will know that […]

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Principle Private Residence Property Letting and Tax Advice

Landlords may have seen Ken Livingstone – whom I usually quite admire – propose on “Newsnight” that tenants’ rents should be capped at no more than the mortgage is costing their landlord. It’s an interesting concept and I wonder how Mr. L would suggest this could be policed.  I guess about as easily as the new restriction on child benefit […]

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Evaluating Property Investments a Black Hole and Some Good News on Mortgages

NEXT SEMINAR AND NETWORKING EVENT: Next Property Investment Seminar and Networking Event When evaluating property investments, too many landlords fail to take account of the “opportunity costs” of their own money sunk into any project. Indeed I meet a lot of people in my consultancy who have hired me to assess an investment or set of investments but have forgotten […]

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Housing Benefit and Local Housing Allowance Are Cut and CGT Rises in the Budget

So who wins and who loses from the emergency budget? Well, the trouble with the budget is that lots of the details are in the hard to get (and even harder to digest) documents that come out after the Chancellor has sat down.) But back at the desk and catching up, it seems clear that one winner could be the […]

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