Changes to tax relief for residential landlords

Q. I understand that the second phase of interest relief restrictions has now been introduced. Is there anything I should do to prepare for this?

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10 mistakes a landlord can make

London’s rental market is as buoyant as ever. The city continues to attract young professionals, students and families all looking for suitable places to make their home. Some people are choosing to rent as a lifestyle option, others because they cannot afford to buy. Lifestyle tenants and corporate tenants in particular, are a discerning group …

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My tenant has lost his job and can’t pay the rent. What should I do?

Non-payment of rent is one of the issues that, understandably, landlords worry about most. We have strict procedures in place to minimise any potential losses to landlords, if for example a tenant loses their job and cannot pay the rent. Effective communication lies at the heart of this and usually gives the best outcome, as …

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If a couple split, who is responsible for the tenancy and the rent?

Q. If a couple split, who is responsible for the tenancy and the rent? A. It is an awkward and unfortunate set of circumstances but one that is quite common. The legal standpoint all depends on whether the couple signed the ‘assured shorthold tenancy’ (AST) agreement together or whether one moved in with the other …

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I’m renting a flat, who should pay for the garden to be maintained?

Q. I’m renting a flat, so who should pay for the garden to be maintained? As at last we see the return of warmer weather, many tenants are starting to think about spending time in their garden. After a long cold winter, this may be the first time they have properly looked at their outside …

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My landlord has defaulted on their mortgage. What should I do?

This is a question we are asked by tenants although thankfully, it is a rare occurrence and you need not be worried unduly. If this situation does arise then you are fully protected in law and you are not under threat of eviction.The first thing to remember if you find yourself in this situation is …

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What allowances are there for refurbishing my London rental property?

We usually recommend landlords review their rental property regularly and consider redecoration or refurbishment according to the rental and the amount of wear and tear.  Sometimes a simple refresh of décor and soft furnishings is enough, but lucrative corporate tenants expect to rent a managed property that is up to date. The days when tenants …

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I am struggling to pay my rent. What should I do?

In the latest of our regular Advice Clinic blogs for landlords and tenants, lettings director Marc von Grundherr looks at what tenants can do if their circumstances change and they are finding it difficult to pay their rent.

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Should a landlord risk a void period by holding out for a higher rent?

Most landlords will experience a void period at some point and in a competitive rental market this is a real worry. When a property is untenanted it quickly starts to cost the landlord money, affecting their rental yield. So what is the best course of action when a landlord receives a lower offer than expected? …

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UK inheritance tax on residential property

As Finance Director, I’m often asked how landlords and property investors are taxed when acquiring UK residential property. This month, I answer your questions about UK inheritance tax changes for non-UK domiciled and offshore companies.

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Deposit disputes – what causes them and how to prevent them

The end of a tenancy can be a difficult time for both landlords and tenants and disputes over how much of a deposit is returned to the tenant can be a real problem. Cleaning is the most common dispute in cases brought to the Tenancy Deposit Scheme (TDS), damage to property comes second followed by …

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What should a landlord do if a potential tenant fails a reference check?

Our monthly ‘Advice Clinic’ series shares the answers to questions our landlords have been asking. This month, Marc von Grundherr, Lettings Director, looks at the issue of tenants failing a reference check.

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