Author Archives: David Porter

About David Porter

David is a chartered surveyor, residential landlord and director at Knight Property Management, which specialises in the letting and management of quality residential properties.

Tenant Tax: landlords fight back

Landlords are angry at new legislation – the so called Tenant Tax – which threatens to turn the costs involved in owning and running rental properties from a normal business expense into taxable revenue. Steve Bolton, founder and chairman of Platinum Property … Continue reading

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How The Mortgage Credit Directive could affect ‘accidental landlords’

New European rules mean some buy-to-let loans will be regulated for the first time. As a result of the Mortgage Credit Directive, from 21 March 2016, anyone taking out a consumer buy-to-let mortgage will have to take out a regulated product. … Continue reading

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How will stamp duty increases for second homeowners affect the rental market?

Small landlords investing in buy-to-let property face a huge hike in stamp duty from April 2016. The new, higher stamp duty rates will apply to buy-to-let properties as well as holiday lets. However corporate entities or funds with 15 residential … Continue reading

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How can I avoid tenants not turning up for viewings?

Q – When I’m booking viewings to show potential tenants around my rental property, quote often they simply don’t turn up, which wastes a lot of my time. What’s the best way to avoid this? A –  Around 25% of booked … Continue reading

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Can my landlord refuse to pay back my security deposit?

Q – I am a single mum of two teens and currently having disputes with my landlord about my deposit. After giving advanced notice of my moving out they refused to refund my deposit, insisting that I have broken some … Continue reading

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Stamp duty overhaul helps buy-to-let landlords

The new stamp duty land tax (SDLT) regime introduced on 4th December means buy-to-let landlords will receive a welcome cut in stamp duty when buying new properties. According to Chancellor, George Osborne, 98% of purchasers will now pay less tax … Continue reading

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Landlords now being forced to work for UK Border Control?

From next year landlords and letting agents in the UK will be helping the government with its immigration policy. They will need to comply with the new Immigration Act 2014, which will require them to check that any prospective tenants … Continue reading

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Do you meet best practice?

As a landlord you must do a number of things to be legal. But there’s a difference between what’s required by law and best practice. A big difference! That’s why The Royal Institution of Chartered Surveyors (RICS) has written a best … Continue reading

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Buying a rental property in Hertford or Ware? – think like a tenant

If you’re thinking of investing in a buy-to-let property in Hertford or Ware, but aren’t too sure which areas or roads are suitable, one tip is to think like a tenant. Where would a tenant look? Places within a five … Continue reading

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Landlords in HMRC’s sights

Her Majesty’s Revenue and Customs (HMRC) is cracking down on landlords’ undeclared rental income. Out of the UK’s 1.4 million landlords, only half a million are registered with HMRC, despite the Revenue’s Let Property Campaign being launched in 2013, which allows landlords … Continue reading

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