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News about Lettings Advice

TAXING ISSUES..

We are often asked about what can and cannot be offset against revenues in relation to a residential buy-to-let investment. This can be a complex area, and we always recommend landlords seek specialist tax advice. However, generally speaking, anything that could be regarded as a capital investment rather than an operational or maintenance cost cannot necessarily be offset against tax in its entirety.    For

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RENTING FREEDOM TO BUY

Possibly prompted by a lack of supply, increasing numbers of home movers are renting as an interim measure prior to buying their next property. It can be tempting to stay put until the right house comes onto the market. However, many people who have done this, and who find the right onward property, then find themselves in a position of not having sold their

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LET IT SHINE!

As a landlord you’ll want to minimise the time your property is empty between tenancies (what we call the void period) so it is essential that your property is looking its best for showing to new tenants both in terms of condition and cleanliness. Although a tenanted property should be redecorated from time to time, tenants are allowed fair wear and tear and it

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IMPORTANT CHANGES FOR LANDLORDS – JUNE 2019

There is clearly a balance to be had between profitability and compliance for landlords, who are again coming under increasing pressure from legislative changes. Here are our top four current issues that you really should know about: 1: Mortgage Applications for Landlords. New lending criteria for landlords mean that lenders are now obliged to take into account all properties in your portfolio – not

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Lettings Advice
Vicki Saye

THE NEED FOR SPEED >>>>>>>

Finding a Tenant – The Need for Speed According to the Nottingham Building Society, about 21% of Buy to Let landlords do not secure a paying tenant within four months of completing their investment purchase. 53% waited for two months and the average void period was one month after completion. This should ring alarm bells for landlords. We suggest these delays should be unacceptable

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