6 ways landlords can maximise their buy-to-let profits in 2020
The number of landlords in Great Britain has dropped to 2.66 million, the lowest level recorded since 2012. That’s according to a report by the estate agent Hamptons International, which suggests that 222,000 buy-to-let properties have been sold off since 2017. As a landlord, you’re sure to be feeling the force of a swathe of […]
HMRC re-issues brief guidance on Making Tax Digital for landlords and sole traders
HMRC has re-issued brief guidance on Making Tax Digital (MTD) for landlords and sole traders who will eventually be required to report income tax quarterly. It is not yet clear when quarterly reporting plus a fifth yearly report will be introduced, but this is the long-term objective for the government. Click this link to read […]
Revealed: what do students want from their accommodation?
With more and more people going to university every year, landlords and investors may wish to tap into the increasingly lucrative student accommodation market. Despite uncertainty around Brexit, this market has displayed rapid growth over the last decade, meaning the sector is now valued at more than £50 billion – representing a 72% increase in […]
Biting tax relief cuts see drop in small landlord numbers
According to accountants and business advisors, Moore, new data from HMRC shows that the number of buy-to-let landlords with between five and nine properties fell to 157,000 last year, down from 159,000 the year before. Click this link to read the full article.
Government rogue landlords register has just 21 names on it
A flagship Government database to keep track of rogue landlords has registered just 21 names in the nearly two years since its launch, This is Money can reveal. Data obtained through a Freedom of Information Act to the Ministry of Housing revealed that 21 rogue landlords or property agents had been submitted by 15 local […]