10 min read In the recent Budget, the UK government announced an increase in the Stamp Duty surcharge for buy-to-let properties and second homes over £40,000. This has caused significant concern among landlords and second-home buyers, who now face higher costs when purchasing additional properties. In this blog post, we will explore the impact of […]
Category Archives: Landlords
30
Oct
Oct
10 min read If you’re a UK landlord, you need to pay rental income tax on all annual gross property income over £1,000 (your property allowance). In case you haven’t been paying the tax you owe, whether because of a lack of knowledge about your liability or other factors, you have the opportunity to rectify […]
06
Jun
Jun
This buy-to-let tax guide will equip you with a comprehensive understanding of critical buy-to-let taxes in the UK, helping you maximise profits.
15
Dec
Dec
In this blog post, we cover all the major points related to the buy-to-let company setup so that you can make an informed decision about which way to go.
15
Aug
Aug
Dealing with HMO rentals can be a bit complex, especially if you have multiple sources of income or multiple properties. Unsure yourself? Read this blog:
01
Jun
Jun
As a responsible landlord, you must install energy-saving equipment as soon as possible and undertake other energy saving tips. Find out more:
25
May
May
If you are among the thousand or so property owners who have received a “nudge letter,” here is a blog post that’ll help you deal with it:
30
Jan
Jan
Homeowners and landlords in the UK are facing increased mortgage rates for the first time in a long while, as the Bank of England upped its base rate to curb inflation. Interest rates are expected to keep rising, which will increase monthly mortgage payment brackets and could significantly affect the housing economy. But why exactly […]
30
Nov
Nov
When the word ‘landlord’ is mentioned, one might imagine a wealthy individual with large property portfolios across the UK. However, of the 2.6 million landlords in the UK, only 18% rent out five or more properties, 39% rent out between two and four, while the majority – 43% – rent out just one. Quite […]
15
Jun
Jun
In 2016, the then Chancellor, George Osborne, introduced a stamp duty surcharge of 3% on purchasing buy-to-lets and second homes. That means the 3% slab tax is based on the whole property price and payable on top of the standard stamp duty applicable. Secondly, in 2017, the government began withdrawing the total tax relief […]
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