Top Ten Tips for Landlords – No 7: Taxation Rules For Landlords

Taxation Rules For Landlords Rules on paying tax when renting out your property can be quite complicated and are updated regularly so it pays to get professional advice. However here is a short guide to help you understand some of these complex rules. 1. Paying Income Tax When you first rent out your property you must tell HM Revenue and Continue Reading →

Top Ten Tips for Landlords – No 6: What Should I Consider Before Investing in Buy to Let?

With interest rates remaining low, house prices continuing to rise and the recent changes to pensions, more people are looking at buy to let as an investment option. This week we look at the five main things it is well worth considering before making that commitment. 1. Target Audience The most important decision to make is who you want your Continue Reading →

Top Ten Tips for Landlords – No 4. Why Should I Protect My Tenants’ Deposits And How Do I Go About Doing It

Last week we looked at the Housing Act 1988 and what it means for a landlord. This week we are looking at deposits: Why Should I Protect My Tenants’ Deposits And How Do I Go About Doing It Landlords are today required, by law, to register a tenant’s deposit with one of the government-approved deposit schemes if their property is Continue Reading →