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The Prime Minister is raking in thousands as a landlord, despite avoiding commenting on whether landlords are considered ‘working people.’ According to reports in the Telegraph and the Daily Mail, new ministerial declarations reveal Sir Keir Starmer is the …
Property118 | Untitled - Property118
3 days ago · Landlords hit by stamp duty surcharge increase to 5% in Budget. Posted on: Wed 30th of October 2024.
Is Incorporation Legal Tax Planning or Tax Avoidance? - Property118
Oct 11, 2024 · Explore the evolving judicial stance on tax planning versus avoidance, and discover why incorporation is considered legitimate tax planning under UK law. Learn how commercial substance and adherence to DOTAS guidelines play key roles.
Essential insights for new property investors to not skip the survey
Oct 11, 2024 · The most in-depth survey available, the RICS Building Survey, is intrusive and provides a detailed analysis of the property’s structure. The surveyor will lift carpets, drill into walls, and inspect every nook and cranny. The report outlines the severity of any issues on a scale from 1 to 3 and provides guidance on repairs and timelines.
One in 10 PRS tenants struggling with rent - Property118
Oct 7, 2024 · One in 10 private rented sector (PRS) tenants in the UK are struggling to make their rent payments, research reveals. The findings from Pegasus Insight found that 8% of tenants consider their rent to be ‘barely manageable’, while 2% say it is ‘unaffordable’. Despite the financial challenges faced by some tenants, the report also found ...
UK house prices grow for the third month in a row - Property118
Oct 7, 2024 · This marks the third consecutive month of increases, bringing the annual growth rate to 4.7%, the highest level since November 2022. Despite the recent gains, the overall trend in house price growth remains relatively modest. The average property price is now £293,399 – close to the record high of £293,507 set in June 2022.
The Renters’ Rights Bill: What tenants need to know
Oct 11, 2024 · Tenants want: Local authorities with powers to enforce the law and protect tenants’ rights. Landlords want: An end to selective licensing and for councils to actually inspect rented homes instead of just taking the licensing cash. Ombudsman service. Tenants want: An ombudsman service to help resolve disputes between landlords and tenants.
Landlord Tax Planning - Property118
What you can expect from a Property118 Tax Planning Consultation. Before meeting your Property118 Consultant in person, usually via a Zoom video conference, you will typically engage in email and telephone conversations. This aims to establish your current position, the challenges you are facing, and your short, medium and longer-term objectives.
Tenant demand skyrockets as house prices rise after decline
Oct 9, 2024 · According to the RICS survey, tenant demand jumped by 22% in September. However, properties available for rent saw a significant drop, with listings down by -29% compared to a -21% decline last month. Due to the imbalance between demand and supply, a net balance of 39% of respondents expect rental prices to rise over the next three months.
How To Rent guide updated 21/07/2021 - Property118
Jul 22, 2021 · How To Rent guide updated 21/07/2021. The How To Rent guide that is a regulatory requirement to be given to all new tenants has been amended once again. Please make sure you have the latest copy saved >> Click here. Please be aware that some advice in this guide may be affected by the latest coronavirus (COVID-19) guidance for renting.