Landlord Tax-Saving Loophole Exposed!

The landlord loophole: Buy-to-let investors are selling their properties to THEMSELVES to get round tax rules Buy-to-let tax relief is being phased out from 2017, raising landlords’ costs, but the changes only apply if you hold property in your own name so landlords are using limited companies to buy property from themselves.  Despite hefty upfront costs,…

Can an Online Letting Agent Manage my Property?

Here at The Online letting Agents, we offer a complete property management service. Our full property management service includes the following: Advertising on all the major UK property websites Comprehensive tenant referencing Right to rent checks Bespoke contract Contract eSigning Deposit lodging & dispute management Professional Inventory and check in Updating utilities/council Collecting monthly rent…

Minimum Energy Efficiency Standards for Rental Properties

Overview As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from 1st…

Rental Market Still Strong Following Brexit

Whether a “leaver” or a “remainer”, many landlords have expressed concerns about the rental market following the Brexit vote. While many have been predicting a slump in the property market, ARLA’s July private rental sector report found that the number of rental properties on letting agents’ books in July was the highest so far this year at…

ONS Reports Increase in Private Rental Prices of 2.4% in Past Year

The Office of National Statistics (ONS) has reported in their latest Index of private housing rental prices (IPHRP) that rents have increase across the UK by 2.4%. According to the ONS, Private rental prices paid by tenants in Great Britain rose by 2.4% in the 12 months to July 2016, unchanged compared with the year…

A Short Guide on Right to Rent

The Government have released their latest guide on the Right to Rent checks. Click here to access the guide

ARLA says that Lack of Supply will Push up the Cost of Renting

The Association of Residential Letting Agents (ARLA) warns that almost half of agents have witnessed uncertainty from landlords looking to let properties, which could cause waves in the rental market over the coming months’. The trade body reports that the private rented marked is urging the government to offer landlords reassurances that housing in the…

Tenancies Longer Than Ever Before!

A new report has found that in the last two years within the private rented sector, the average length of tenancy has increased by 300%, from 16 months in 2014 to four years in 2016. The Residential Landlords Association are currently trying to persuade the Government to remove barriers to longer term tenancies, for example…

Universal Credit – A Guide for Landlords

What is Universal Credit? Universal credit supports people who receive a low income or are unemployed. Universal credit is a monthly payment that replaces: Housing Benefit Working Tax Credit Income Support Child Tax Credit Jobseeker’s Allowance Employment and Support Allowance Universal credit is intended to be simpler than the current system of benefits and tax…

New Landlord Tax Guide

The RLA, in conjunction with RITA4RENT, have composed a guide to provide a summary of the changes affecting UK residential landlords in 2016 Click here to read the guide.