Legislation

Extra Stamp Duty on Additional Properties

Here we are going to explore everything you need to know about the higher Stamp Duty rates that apply to investors owning multiple residential properties. Firstly, what is an ‘additional property’? Simply put, if you own or have an interest in a property already (anywhere in the world), even if that’s your main home, you

January 16th, 2020 by
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What Does 2020 Have in Store for Landlords?

We’ve looked at a few of the negatives from a landlord’s perspective. The landlord tax changes coming in April and the implications. The fact that energy efficiency standards are tightening in the private rented sector. But there’s reason for positivity too… The General Election Whether you were happy with Boris Johnson’s resounding victory or not,

December 30th, 2019 by
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Landlord Tax Changes: The Implications

By now you’ve probably heard about Section 24, the new tax laws for landlords coming into force in April 2020. Here we look at what’s happening and what it means for you. It’s important to keep on top of all the new regulations coming next year. So much so that our last two articles have

November 26th, 2019 by
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Energy Efficiency Standards Tightening for Private Rented Sector

On 1st April 2018 MEES (The Minimum Energy Efficiency Standards) came into force. The aim being to ensure privately rented properties have an energy performance certificate (EPC) rating of band E or better. As with most regulations, MEES has been implemented in phases, with two important dates left for you to consider: 1st April 2019

November 12th, 2019 by
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Capital Gains Tax Changes are Coming

There’s been some significant changes of late that are affecting landlords, some of which we wrote about here in case you missed them: Tenant Fee Ban Comes Into Force How Section 24 or the ‘Tenant Tax’ Affects Property Investors The latest change to Capital Gains Tax (CGT) will have further implications should you sell any

October 29th, 2019 by
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Tenant Fee Ban – All You Need to Know

From 1st June 2019, landlords and their agents will no longer be able to charge their tenants, or prospective tenants, administration fees. The primary fees which are exempt from the ban, and can therefore still be charged, are: Holding deposits Deposits Rent Even these exempt fees will be subject to certain restrictions though. Holding deposits

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How Section 24 or the ‘Tenant Tax’ Affects Property Investors

Introduced in April 2017, Section 24 will have a potentially large impact on the profitability of landlords who use financing on their properties. Thankfully, for higher rate taxpayers in particular, Section 24 is being phased in gradually… What is it? Section 24 stipulates that landlords can only claim basic rate tax relief on their property

February 28th, 2019 by
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