Did you know that Changes to capital gains tax (CGT) came into effect in April 2020? How does this affect you and your property?
The coronavirus pandemic had caused a multitude of issues and concerns for many, and the impact on many private landlords has been huge.
There has been big news this week; Estate and Letting Agents can once again carry out viewings, conduct move-ins and even open the office, which means that we can now get our waiting tenants moved in at last. However we wanted to assure you of a few things;
Traditionally, spring is the ideal time to put a property up for let. Gardens are usually looking good and the evenings lengthen while 2020 should see the recent gloom of the election and Brexit behind us.
I recently saw an online article at Letting Agent Today that three rogue letting agencies
It really is difficult to believe that my company has just celebrated its 10th anniversary.
I am very pleased to welcome a new member of our team. Natasha Lloyd - Property Manager
I expect many of you are aware of the recent government announcement to make changes to the abolition of Section 21of the Housing Act 1988, resulting in changes in how the eviction process will work.
I hope you are aware that the Homes (Fitness for Human Habitation) Act 2018 came into force on 20th March.
This new legislation gives tenants the right to instigate legal action if their landlord fails to provide safe accommodation. This is in addition to the powers local authorities already have to enforce minimum standards.
The pressure on the government to provide tax measures to make empty homes more affordable to landlords has increased as the number of empty properties continues to rise.
Property Reporter website highlights evidence that the number of empty homes grew between October 2017 and October 2018 by nearly 30,000 to stand at some 634,000 properties.
The Tenants Fees Bill is due to come into force in April this year. Its aim is to reduce the costs of renting property for tenants by making major changes to the fees that a landlord or letting agent can charge.
Under the new legislation, a tenant will no longer have to pay fees as a condition of the grant, continuation, assignment, termination or renewal of a tenancy.