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News & Insights
Rental Reform: Periodic tenancies - a deep dive
The abolition of the fixed term tenancy was one of the most surprising announcements in the recent white paper on rental reform. We look at the likely impact of proposals and what adjustments need to be made for plans to work.
"I love being a landlord and I don't think I'll ever stop!" Sian's Story
Sian has been a landlord since 2001 and owns and manages 17 properties across three buildings in West Didsbury, South Manchester. She initially started renting her properties out so that she could earn an extra income. Her portfolio is designed for and aimed at professionals in the 25-35 age bracket.
Save Tax: Adjusting the Split of Property Income Between Couples
The Income Tax Act 2007 (section 836) allows for income from properties that are jointly owned by married couples or civil partners that live together, to be legally split 50/50. However, whilst most landlords are aware that income can be shared equally by married couples for tax purposes, we receive many phone calls at Less Tax 4 Landlords from landlords who are not aware of the possibility to make changes to this arrangement.
Action needed to tackle supply crisis
As the national press reminds us daily, the cost-of-living crisis is likely to be the UK's dominant political issue of the year. Industry and households alike have been hit by the impact of inflation, and the private rented sector (PRS) is no exception.
Renting Homes Wales: Secondary legislation announced
New secondary legislation has been released by the Welsh Government in preparation for the introduction of the Renting Homes (Wales) Act in December. Most of these changes are minor adjustments to allow for existing legislation to continue. Our policy manager James Wood takes a look at the changes.