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Mission Statement; “Facilitating the sharing of best practice in the UK Private Rented Sector”
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News
Could a new LLP tax judgment help landlords caught in HMRC’s Spotlight 63?
16+ hour, 24+ min ago (1663+ words) Can an LLP and a connected limited company genuinely form part of one larger commercial undertaking, even though they are separate legal entities? Nevertheless, I think the judgment deserves careful consideration by landlords whose arrangements fall within HMRC’s Spotlight 63 and…...
Government undecided on PRS Ombudsman information sharing with councils
2+ day, 13+ hour ago (276+ words) The government has yet to decide whether the PRS Ombudsman will be required to share evidence of landlord non-compliance with local authorities. In a written parliamentary answer, Housing Minister Matthew Pennycook said the government was “currently working through the details…...
Building policy in shaky foundations making things worse for tenants?
2+ day, 13+ hour ago (440+ words) Many landlords have stood dazed, on the ropes – taking blow after blow. Confused and unable to think they have been the target of an indiscriminate government-led beating. Here is some clarity as to why the process will continue to fail…...
Scottish landlords can still take control of their future in the PRS
4+ day, 13+ hour ago (742+ words) All of us in the Scottish private rented sector understand the nature of difficult decisions. Many of us have friends and colleagues who are currently considering whether to remain in the sector, downsize their portfolios or simply leave it entirely....
Leaseholders call for immediate £250 ground rent cap
6+ day, 13+ hour ago (461+ words) A leasehold group is urging Prime Minister Andy Burnham to bring forward the £250 ground rent cap. The National Leasehold Campaign (NLC) argues bringing in the cap now would help leaseholders with the cost of living by providing immediate savings for…...
Propertymark criticises Scottish government over lack of focus on housing
1+ week, 3+ day ago (498+ words) An industry body has slammed the Scottish government for barely mentioning housing despite the country’s ongoing housing emergency. Propertymark says First Minister John Swinney’s first speech in the Scottish Parliament since the summer recess failed to mention reducing tax burdens…...
Plug-in solar panel warning for landlords
1+ week, 3+ day ago (317+ words) Landlords could face new electrical, fire and insurance risks as plug-in solar panels begin to appear at rented homes. Risk assessment specialist Riskstop says property owners must understand how the technology is installed and whether existing electrical systems can support…...
Government unveils new rules for children in temporary accommodation
1+ week, 3+ day ago (381+ words) Councils will now be required to inform schools and GP practices when a child is placed in temporary accommodation. Councils across England will also receive a share of £1 million in funding to help cover the operational costs of implementing the…...
Garden shortage gives landlords an edge
1+ week, 4+ day ago (245+ words) Landlords offering a home to rent with a well-kept garden could have an advantage when attracting tenants, as outdoor space is absent from almost two-thirds of advertised rentals in major UK cities. Research by CIA Landlords found that only 36.2% of…...
Welsh landlord leasing scheme to end
1+ week, 4+ day ago (394+ words) A Welsh government scheme that guarantees landlords an income while councils manage their properties is set to close to new homes at the end of this year, the National Residential Landlords’ Association says. Launched in January 2022, the programme allows landlords…...