Category: Property Industry News

Landlords turn to property to safeguard retirement

Landlords turn to property to safeguard retirement

A greater proportion of landlords are turning to the private rental sector to help safeguard their finances for retirement, findings from the latest BM Solutions/ BDRC Continental survey show. Some 80% of landlords view...




Taxman to announce a hit squad targeting buy-to-let landlords in the South East

Taxman to announce a hit squad targeting buy-to-let landlords in the South East

The taxman will tomorrow announce a hit squad to catch people letting properties in the South East who are not disclosing the income on their tax returns. Other task forces will also be launched...




Landlords reminded to check tax payments to prevent evasion

Landlords reminded to check tax payments to prevent evasion

Responsible landlords are sure to be disappointed to hear that some buy to let property owners are failing to pay enough – or in some cases, any – tax on the income they receive...




Ground-breaking industry forum meets to discuss CMP

Ground-breaking industry forum meets to discuss CMP

The first meeting of an industry-wide forum has been held into the thorny issue of Client Money Protection schemes – which have come under repeated fire for their apparent smoke and mirrors approach. The ground-breaking...




Private landlords evading at least £550 million tax on rental incomes

Private landlords evading at least £550 million tax on rental incomes

Buy-to-let and other private landlords are evading over half a billion pounds in tax due on their rental income, new figures reveal. Estimates by HM Revenue & Customs (HMRC) and seen by the investigative website...




Councils tell homeless to take private rental homes, or nothing

Councils tell homeless to take private rental homes, or nothing

New rules have come into operation, allowing local councils to discharge their duties to homeless people by offering them homes in the private rental sector, housing minister Mark Prisk has announced. Previously, homeless households...




Number of buy-to-let mortgages continues to grow

Number of buy-to-let mortgages continues to grow

Meanwhile, repossession figures dropped over the last three months. The value of buy-to-let mortgages taken out between July and September was £4.2 billion, an increase of 8 per cent over the previous three months....




Tenancy Deposit Protection Deadline for Scottish Landlords

Tenancy Deposit Protection Deadline for Scottish Landlords

Do you let out a property in Scotland? The deadline for protecting your tenancy deposits is Tuesday the 13th of November 2012. Not only must you be registered with the appropriate local authority and transfer existing...




Are gimmicks really the best way to fill student accommodation?

Are gimmicks really the best way to fill student accommodation?

With November now upon us, most landlords of student properties will have welcomed in a new set of tenants and should have got into the swing of receiving regular rent from all of them....




B2L remortgaging up 11% in October

B2L remortgaging up 11% in October

Valuations for buy-to-let remortgaging were up 11 per cent in October compared to September, according to Connells’ latest housing market activity report. While valuations for new buy-to-let purchases fell 6 per cent in October...