The latest Property118 Landlord Sentiment Survey suggests many have already decided the direction they want to travel. More than two-thirds now expect to sell some or all of their portfolio over the next three years, with the number planning to leave the sector altogether continuing to rise. Over a third of landlords surveyed expect toContinue reading “With the summer holidays now in full swing, many landlords are finally getting the chance to take a step back and think about what comes next.”
Author Archives: Landlord
Capital gains tax has climbed back up the list of landlords’ concerns
There haven’t been any government announcements. No Budget has proposed an increase. Yet conversations about higher CGT seem to be everywhere. So what’s changed? Part of the answer may lie in the wider political conversation. Since Andy Burnham became Prime Minister, he has repeatedly argued that wealth and assets should play a bigger role inContinue reading “Capital gains tax has climbed back up the list of landlords’ concerns”
Rethinking The Cost Of Selling Rental Property
Whether you have one property or an entire portfolio; one, none or several tenants; Landlord Sales Agency specialises in finding the right buyers for our sellers. That could mean finding an investor, another landlord, an owner-occupier or, where appropriate, helping the existing tenant buy the property themselves. Every property is different, so we explore every possibleContinue reading “Rethinking The Cost Of Selling Rental Property”
Good News For Landlords Planning Their Next Move
The recent Tribunal victory means landlords can once again seek professional advice from Property118 about whether incorporating part or all of their portfolio is the right long-term strategy. An important part of Property118’s consultation process that is often overlooked is the starting point: it isn’t whether to incorporate. It’s deciding which properties still deserve aContinue reading “Good News For Landlords Planning Their Next Move”
Property118 Wins Tribunal Battle With HMRC – What It Means For Landlords
Great News For Landlords Considering Incorporation. After more than two years of uncertainty, Property118 have resumed their incorporation consultancy.
We Don’t Just Solve Property Problems. We Solve Landlord Problems.
When people first hear about Landlord Sales Agency, they often assume we specialise in selling difficult properties. Or that all we do is match landlords with other landlords looking to expand their portfolios. Neither is true. The properties we sell are often in excellent condition. Many are occupied by reliable, working tenants who have lookedContinue reading “We Don’t Just Solve Property Problems. We Solve Landlord Problems.”
Landlord Taxes: Why One New Kitchen Is Tax Deductible… But Another Isn’t
Making Tax Digital is changing the way landlords report their taxes, but understanding what you can actually claim is becoming just as important. One of the best examples is the surprisingly complicated rules surrounding replacement kitchens. We recently read an interesting article from LandlordZONE highlighting HMRC’s increasingly aggressive stance on landlord tax compliance. While HMRCContinue reading “Landlord Taxes: Why One New Kitchen Is Tax Deductible… But Another Isn’t”
A Cautionary Tale for Landlords Using Section 8 To Arrange Vacant Possession
Friday 31 July marks the final opportunity for landlords to start court proceedings using a Section 21 notice served before the Renters’ Rights Act came into force. Miss that deadline and, in almost every case, recovering possession will mean relying on the new Section 8 process instead. That brings a very different set of challenges.Continue reading “A Cautionary Tale for Landlords Using Section 8 To Arrange Vacant Possession”
Sell your buy-to-let with tenants in situ and receive the money in your bank in less time than it takes for a possession claim to be heard
Avoid costs running empty property A landlord came to us to sell his block of 40 flats after an agreement made with another agent fell through due to complications and issues around missing or outdated certification. His plan was to release cash from the flats to reinvest elsewhere. The unexpected delay threatened to jeopardise theContinue reading “Sell your buy-to-let with tenants in situ and receive the money in your bank in less time than it takes for a possession claim to be heard”
When Time Is Of The Essence, You Need Everyone Pulling In The Same Direction
Selling rental property carries risks if you choose the wrong strategy, from excluding the buyers most likely to buy your property to being unable to paying mortgage costs on empty property.