Tag: Landlords
Tenant fee ban 2019 – Security Deposits
Since April 2007, all security deposits taken by a Landlord or Agent for a tenancy on an AST has had to be registered within a Government approved scheme. Prescribed Information and Terms and Conditions have to be provided to the Tenant within 30 days of the start of the tenancy. This is not changing, and […]
Tax for Landlords
Today, the 6th April, marks the start of changes to income tax relief for most Landlords of residential property. Those affected most will be* UK resident individual that lets residential properties in the UK or overseas non-UK resident individual that lets residential properties in the UK individual who let such properties in partnership trustee or […]
Energy Performance Certificates
Are you aware that since 2008, an Energy Performance Certificate for a rental property has been a legal requirement for Letting Agents and Landlords to offer to Tenants in order for them to make an educated decision as to whether or not to proceed into entering into a Rental Agreement based on how energy efficient their […]
New legislation for rental property
Following on from our blog posted back in November regarding Carbon Monoxide, it now seems likely to come into effect from October 2015 that all rental properties will have to be fitted with working smoke alarms and carbon monoxide detectors. Up until now, Landlords of rental properties have not legally had to provide smoke alarms […]
Declaring tax on your rental property
LANDLORDS if you have used a knowledgeable Letting Agent you should be aware that any income received from your rental property has to be declared to HMRC . Landlords who have failed to declare their rental earnings are being warned to pay up or face harsher penalties. HMRC’s Let Property Campaign is targeting widespread tax evasion on property […]
