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June 2017 Posts
Save thousands of pounds by restructuring your property portfolio under a corporate umbrella
Save thousands of pounds by restructuring your property portfolio under a corporate umbrella
28 June 2017
For those landlords who have a residential property portfolio and can't afford to incorporate due to expensive refinancing costs and increased stamp duty taxes on buy-to-lets, there may be a solution to the problem.As we know, the additional 3% stamp …
More landlords are using letting agents after buy-to-let taxes come in to effect
More landlords are using letting agents after buy-to-let taxes come in to effect
23 June 2017
It often comes as a surprise to many tenants to find out that not all landlords use letting agents - such as ourselves here at CPS Homes - to rent out their property. While using a letting agent has notable …
174,000 more properties to require a HMO licence under new proposals
174,000 more properties to require a HMO licence under new proposals
20 June 2017
Government proposals to amend mandatory licensing rules will see an additional 174,000 properties require a HMO licence.Currently, any property which has 3 or more storeys and 5 or more tenants (families excluded) requires a mandatory HMO licence. This applies nationwide, …
Number of landlords looking to purchase buy-to-let property falls
Number of landlords looking to purchase buy-to-let property falls
16 June 2017
Many landlords have more than one property in their buy-to-let portfolio, and the private rental sector has been steadily growing for the past couple of years, which means many landlords look to add further properties to their buy-to-let property investment. …
HM Land Registry are looking to deter property fraud
HM Land Registry are looking to deter property fraud
14 June 2017
While property fraud is relatively rare, it can still pose a problem to landlords and property owners if they ever encounter it. This is especially true for landlords who may live some distance from their rental property. Property fraud is …
House prices show that the property market is in a state of flux
House prices show that the property market is in a state of flux
09 June 2017
Recently, we wrote a blog article about the average UK house price recording a year-on-year increase, reaching an average high of around £313,655. While the average asking price for a property in the UK has risen slowly over the previous …
Improve your property's energy efficiency for free
Improve your property's energy efficiency for free
07 June 2017
If your buy-to-let property is tenanted by somebody in receipt of a means-tested benefit and is classed as energy inefficient (meaning a rating of E, F or G on its Energy Performance Certificate), you are likely to be eligible to …
Mortgage interest tax relief for landlords changed in April 2017
Mortgage interest tax relief for landlords changed in April 2017
02 June 2017
If you’re a frequent reader of our property blog, you’ll know that we’ve been covering a lot of announcements that affect landlords, and that includes the gradual removal of mortgage interest tax relief. In the 2015 Summer Budget, then-Chancellor George …
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