Category Archives: Legislation

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

Posted in Legislation | Leave a comment

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

Posted in Legislation | Tagged | Leave a comment

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

Posted in Legislation, Tax | Tagged | Leave a comment

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

Posted in FAQ, Tenancy Deposits | Tagged , , , | Leave a comment

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

Posted in Legislation | Tagged | Leave a comment

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

Posted in Legislation | Tagged , | Leave a comment

Beware free tenancy agreements

You can find free tenancy agreements online, or buy blank ones from newsagents or stationers, but the problem with these is that they are frequently not up to date, contradict relevant legislation and/or contain clauses which the courts would consider … Continue reading

Posted in Legislation | Tagged | Leave a comment

Landlords could face increased capital gains tax as government tightens the net

Due to an amendment to the 2013 autumn statement, unexpected changes come into force from 6th April 2014 which could affect UK residents with more than one property. The government is proposing to reduce the additional time qualifying for ‘relief’ on your … Continue reading

Posted in Legislation | Tagged | Leave a comment

DPS guidance on Superstrike

The recent Court of Appeal case of Superstrike vs. Rodrigues concerns an assured shorthold tenancy that was created in January 2007 prior to the introduction of mandatory tenancy deposit protection on 6 April 2007. The tenancy continued on a statutory … Continue reading

Posted in Tenancy Deposits | Tagged | Leave a comment

Why you need a written tenancy agreement

It is critically important for landlords to have a written tenancy agreement. While it is possible to create a tenancy without a written agreement, it is certainly not a good idea.  Here  are four good reasons why you should always have a … Continue reading

Posted in Legislation, Letting Agent Regulation | Tagged , , , , , , , | Leave a comment