Private Rented Sector Buy to Let Consultants
It is high time that overseas buyers paid more Stamp Duty Land Tax (SDLT) and Council Tax when they buy and own UK property says David Lawrenson of www.LettingFocus.com. The additional rate for SDLT should be at least 3 per cent, the same as UK landlords and second home buyers already pay. These extra taxes would likely have little impact […]
Read moreTHE High Court has ruled that the Government’s Right to Rent scheme breaches human rights law. Under the Right to Rent landlords are responsible for checking the immigration status of their tenants with the prospect of prosecution if they know or have “reasonable cause to believe” that the property they are letting is occupied by someone who does not have […]
Read moreOne Rule for Overseas Investors One Rule for Buy to Let Landlords David Lawrenson of www.LettingFocus.com highlights the double standards that apply in housing which encourage rich foreign buyers and big corporations whilst hurting the small buy to let landlords. It seems there is one rule for overseas investors and big players but different rules for buy to let investors. […]
Read moreGetting Vendors to Sell Their House to You – Exchange with Delayed Completion There are some basic things that we always do, that always work says David Lawrenson of www.LettingFocus.com. We always look at how we can solve a house seller’s problem. And this involves trying to put oneself in their shoes. One of the simplest ways involves buying a house […]
Read moreTenants Rental Payment and Credit Scores One of the big complaints of tenants is that their credit score is not improved by all the rental payments they make says David Lawrenson of www.LettingFocus.com. However, this is about to change. Both private renters and social housing tenants can now opt in to the new, free “Rental Exchange Initiative” which will record […]
Read moreLetting Relief for Landlords Looks Set to be Scrapped Lettings relief for buy to let landlords looks set to be abolished says David Lawrenson of LettingFocus.com. This is a shame because we had all expected that maybe in the budget Mr Hammond might do something nice for buy to let, like cutting capital gains taxes for landlords who let to […]
Read moreCapital 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 […]
Read moreUniversal Credit Not Working ALMOST two-thirds of private landlords with tenants receiving Universal Credit have experienced them going into rent arrears according to new research by the Residential landlords association, says David Lawrenson of LettingFocus.com Based on responses from over 2,200 landlords, the Residential Landlord Association has found that 61 per cent of landlords with tenants on Universal Credit have experienced […]
Read moreNew Railway Stations and Rail Lines New rail stations and new rail lines always have a big impact on house prices and rent levels, so it’s worth keeping up to date on what’s coming down the line, says David Lawrenson of www.LettingFocus.com. A while ago, I wrote about how Chris Grayling the Transport Minister said he was looking at which […]
Read moreBoiler Efficiency Ever wondered why when you put that new boiler in your let property, it never seems to save all that much money on heating bills compared to your old boiler, asks David Lawrenson of www.LettingFocus.com. Well it seems that for years we have been mis-sold on the efficiency of boilers. A whistleblower has recently revealed that the energy […]
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