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KEYWORD "Wear and Tear" - 100 RESULTS
Buy To Let property purchases plummet as tax threats mount

The number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...

08 August 2024

From: Breaking News

Mortgage shock pushes agents into seeking government help for landlords

Propertymark has urged the government to tackle rising landlord costs immediately.The warning comes as new research suggests that landlords are spending...

18 October 2023

From: Breaking News

Parents and Pet Owners Pay More for Renting - claim

Parents and pet owners are paying as much as £460 per month more for rent and bills, it’s claimed. The claim comes...

06 October 2023

From: Breaking News

Threat of pets in lets shows need for inventories - claim

The increasing likelihood that the private rental sector will be obliged to allow more pets into lets simply demonstrates the need...

19 July 2023

From: Breaking News

Agents on warpath over increasing additional property tax threat

Propertymark chief executive Nathan Emerson has personally written to  a leading politician about a tax threat to the rental sector.  Emerson has...

18 January 2023

From: Breaking News

Cut taxes and make them simpler! Agents’ plea to government

With only 48 hours to go before the Autumn Statement confirms stealth tax rises and massive public spending cuts, Propertymark has...

15 November 2022

From: Breaking News

Tax turmoil to dominate Autumn Statement warns leading agency

One of the country’s most respected lettings agencies says tax is dominating the agenda ahead of Thursday’s Autumn Statement from Chancellor...

15 November 2022

From: Breaking News

Agents will save time on routine chores says PropTech lettings service

An end-of-tenancy PropTech platform set up by a high profile agent has announced a major enhancement to its service. The Depository was...

29 July 2022

From: Breaking News

Who should carry out inventory checks?

It’s a frequent question in lettings: Who should carry out inventory checks and create reports for a rented property? Should it...

29 March 2022

From: Sponsored Content

Reform tax, Beef up rogues database - Agents demand radical rental reforms

ARLA Propertymark has launched a radical programme of reform for the private rental sector - getting in before the government’s own...

15 December 2021

From: Breaking News

Strict contracts and inventories could defuse Pets In Lets issue

One of the industry’s leading suppliers says the controversy over pets in private rental properties could be defused relatively easily. Inventory management firm...

14 October 2021

From: Breaking News

Big Bad Agents - Airbnb lets may backfire on landlords, says ARLA

The letting agents’ trade body has issued a warning to landlords that short lets may provide quick profits - but they...

27 September 2021

From: Breaking News

Do you have questions about deposit disputes 

Through our FREE online deposit dispute webinars, we’ve trained thousands of landlords and letting agents about how the dispute resolution process...

02 August 2021

From: Sponsored Content

Are you open to lets with pets?

The Dogs Trust campaign ‘lets with pets’ states: “Landlords and letting agencies who exclude pet owners from their properties are missing out...

29 June 2021

From: Sponsored Content

Revealed - the biggest cause of claims by landlords against deposits

Just over half the claims made by landlords against tenancy deposits in 2020 cited a need to clean or make repairs...

30 December 2020

From: Breaking News

No more taxes: Agents warn government on CGT

ARLA Propertymark has issued a warning to government not to use Capital Gains Tax reform to further punish the private rental...

16 November 2020

From: Breaking News

Delivering a speedy end of tenancy deposit negotiation – the top tips

Tenancy deposit disputes are messy and often frustrating for all involved. While the number of formal disputes remains low, the pandemic...

10 November 2020

From: Legislation & Compliance

Council seeks private rental sector help to ease waiting list problems

A local authority has set up what it calls The Private Sector Landlord service to try to harness some private property...

24 July 2020

From: Breaking News

Savvy landlords can still make Buy To Let work insists property chief

There’s still life in the buy to let market despite the regulatory and financial changes in recent years according to a...

24 December 2019

From: Breaking News

Sub-letting scams can be reduced by property visits, agents advised

An inventories supplier is advising that the growing number of sub-letting scams can be reduced by regular property visits by agents...

20 November 2019

From: Breaking News

Students say they’re targeted for “unfair” deposit deductions at check-out

The National Union of Students claims young people at college and university are being unfairly targeted by agents and landlords when...

08 November 2019

From: Breaking News

How to have the pawfect pet tenancy

Most landlords are wary of the potential damage, smells and noise complaints that can come with accommodating a tenant with pets....

23 October 2019

From: Sponsored Content

Tulisa’s trashed apartment shows X-actly why inventories are vital

If you want to know why inventories are vital for agents and landlords, look no further than the high-profile dispute over...

17 October 2019

From: Breaking News

Lights! Camera! Short Lets! - how movies have led to a rental surge

The number of film-related enquiries for short lets received by Knight Frank in the year to May has shown a rise...

22 July 2019

From: Breaking News

Another council wants to sub-let private flats to the homeless

Portsmouth council is the latest local authority to offer to rent properties from private landlords to let out to the homeless.  The...

17 July 2019

From: Breaking News

Rates, yields, demand and tax - reasons why holiday lets are booming

A holiday lets and short-term lettings market boom can be put down to a combination of four reasons, according to specialist...

05 July 2019

From: Breaking News

Buy to let landlords opting for holiday lets 'could be Brexit silver lining'

The UK’s holiday lets sector could be a beneficiary of the current Brexit uncertainty and people not vacationing abroad because they...

21 March 2019

From: Breaking News

Free online training course to help agents through deposit disputes

A new free online training course which guides letting agents through the key principles of disputes has been released by The...

27 February 2019

From: Breaking News

Landlord hits out at agency's portrayal of buy to let tax clampdown

A leading landlord has hit out at a lettings agency’s portrayal of buy to let tax changes.  Rosalind Beck, a campaigning landlord...

01 February 2019

From: Breaking News

Agent says landlords still claim billions in tax relief every year

London-focussed lettings agency ludlowthompson says buy to let landlords across the country claimed a record £17.7 billion in tax relief last...

29 January 2019

From: Breaking News

Revealed - how and why rents will rise after buy to let tax changes

New research has attempted to quantify the number and scale of rent rises that are likely to take place as landlords...

04 October 2018

From: Breaking News

Collapse in demand for buy to let in London says top buying agency

One of the most respected buying agencies, Black Brick, says the collapse in demand for buy to let is the most...

09 July 2018

From: Breaking News

Campaign for mandatory electrical testing of appliances in rental properties

An electrical testing equipment firm and an MP are setting up a national campaign to demand new laws on appliance testing...

06 June 2018

From: Breaking News

Huge slump in stock to let in prime central London says Knight Frank

There’s been a huge 15 per cent slump in the number of properties to let in prime central London over the...

04 June 2018

From: Breaking News

Forces' families being hurt by government lettings sector tax changes

A trade body is claiming that armed service personnel who let out their homes whilst stationed away are being hit by...

01 June 2018

From: Breaking News

Romans gives insight into its campaign against sub-letting

Romans’ lettings managing director Michael Cook has given details of his agency’s approach to identifying and responding to sub-letting. Cook says: “We...

11 January 2018

From: Breaking News

'Help the rental sector solve the housing crisis' Chancellor is told

A leading accountancy and business advice consultancy says residential landlords who want to downsize their portfolios because of recent tax changes...

26 October 2017

From: Breaking News

What exactly is “Fair” Wear & Tear

Wear and tear can be a highly contentious issue for many tenants and landlords; many arguments have arisen because of unclear definitions...

12 October 2017

From: Sponsored Content

Agents must communicate better with landlords and tenants says BTL expert

A leading buy to let expert is calling on agents to work more closely with landlords and tenants to improve communications...

05 October 2017

From: Breaking News

UK buy to let investors slipping down European league table

Yields from buy to let in the UK are now amongst the worst in Europe according to a new league table drawn...

19 September 2017

From: Breaking News

Here's how much it costs to run one lettings property per year

New figures assembled by the Nationwide reveal precisely how much, on average, it costs to operate a privately rented property.    The numbers...

18 September 2017

From: Breaking News

Agency survey says 66% of landlords undeterred by tax changes

A survey for online letting agency Upad claims that 66 per cent of landlords are not going to change their property...

08 September 2017

From: Breaking News

Could it happen here? Australian agents specifically ban Airbnb sublets

Reports from Australia suggest some of the country’s leading letting agencies have inserted clauses into their tenancy contracts to ban renters...

29 June 2017

From: Breaking News

Trade body advises agents to stop tenants 'gaming' wear and tear

The Association of Independent Inventory Clerks is advising letting agents and landlords to be wary of any tenant seeking to ‘game’...

03 May 2017

From: Breaking News

Scrap tenancy deposits to help first time buyers, urges agent

  Renters are spending half their wages keeping a roof over their head, are twice as likely as homeowners to have no...

27 March 2017

From: Breaking News

'40 per cent of students lose some or all their deposits' - claim

An online lettings firm claims that last year four out of 10 students had some or all of their deposits kept...

02 March 2017

From: Breaking News

UK 'has highest property tax in developed world' claims consultancy

An assessment undertaken by the Organisation for Economic Co-operation and Development shows property taxes accounted for 12.7 per cent of the...

13 December 2016

From: Breaking News

Yield no longer the key measure of buy to let success, says lettings expert

Lettings expert Kate Faulkner says yields - a traditional long-standing measure of success for buy to let landlords - are becoming...

09 November 2016

From: Breaking News

Mortgage chief says buy to let tax problems are exaggerated

A well-known mortgage broker is quoted as saying that buy to let organisations are complaining too much over tax changes for...

24 October 2016

From: Breaking News

Surge in buy to let mortgages despite stamp duty turmoil

Despite huge turmoil in the buy to let sector, there has been a significant rise in mortgage activity in the past...

11 October 2016

From: Breaking News

Managing your landlord clients’ expectations throughout the tenancy

As an Agent, understanding and managing your landlords’ expectations of their tenants and property is a necessary and sometimes difficult task....

05 October 2016

From: Sponsored Content

Cleaning disputes lie behind half of students' retained deposits

Four out of 10 students lose well over a third of their deposits when they rent privately while at university or...

08 September 2016

From: Breaking News

Another rental group speaks out against buy to let tax changes

The Scottish Association of Landlords - which represents letting agents as well as landlords north of the border - has spoken...

16 August 2016

From: Breaking News

Deposit deductions – What you can and can’t claim for

When renting out a property, most landlords choose to take a deposit from their tenant prior to the tenancy starting. The...

29 July 2016

From: Sponsored Content

New Chancellor has been buy to let investor - so will policies change?

The new Chancellor appointed by Prime Minister Theresa May has been ‘outed’ as a former buy to let landlord - raising...

18 July 2016

From: Breaking News

What to consider when calculating “fair wear and tear”

For a long time, fair wear and tear has been a grey area for landlords and letting agents alike; this is...

15 July 2016

From: Sponsored Content

Hammond urged to 'delete all and start again' on buy to let taxes

New Chancellor Phillip Hammond has been urged by an industry trade group to reset the government’s approach to taxing the buy...

15 July 2016

From: Breaking News

Letting agency tells landlords to check properties to deter sub-letting

An online letting agency claims a third of tenants are subletting without the agreement of their landlord, with an even higher...

13 July 2016

From: Breaking News

Warning - buy to let reforms could have unintended consequences

A senior mortgage lender is warning that government reforms of the buy to let sector could have wide-ranging and unintended consequences. Richard...

05 July 2016

From: Breaking News

Capital Gains Tax and mortgage interest relief are top worries for landlords

The exemption of residential property from the new Capital Gains Tax cuts tops the list of concerns expressed by professional landlords...

14 June 2016

From: Breaking News

Housing minister claims buy to let tax changes will create a fairer system

Housing minister Brandon Lewis has backed the raft of measures seen by many as anti-buy to let, including the restriction on...

21 April 2016

From: Breaking News

Trebling in volume of sub-letting through Airbnb and similar services

Specialist eviction firm Landlord Action claims that in the past 12 months the number of incidents where tenants have sub-let properties...

20 April 2016

From: Breaking News

Private rents will rise to pay for Osborne tax changes, trade body warns

Almost all landlords are considering increasing rents to pay for the higher taxes they now face. According to a survey by the...

15 April 2016

From: Breaking News

Agency chief gives Cameron 2 out of 10 for lettings sector performance

Ian Wilson, chief executive officer of Martin & Co, has given David Cameron’s government a “two out of 10” score for...

11 April 2016

From: Breaking News

Stamp duty surcharge increases buy to let set-up costs by £4,500

The imposition of the stamp duty surcharge on additional homes would add another £4,500 to the cost of setting up a...

04 April 2016

From: Breaking News

HMRC must clarify new wear and tear allowance, say tax experts

Agents acting for landlords replacing furniture and other domestic items in homes to let should be given detailed guidance from the...

23 February 2016

From: Breaking News

More threats that buy to let investors may quit private rental sector

Around a fifth of investors plan to sell their buy to let properties this year, thanks to the recent measures against...

08 February 2016

From: Breaking News

Rent rises will outstrip buy to let tax rises, predicts letting agency chief

George Osborne has done more for the rental market than any other chancellor in history claims Marc von Grundherr, lettings director...

21 January 2016

From: Breaking News

Appeal for experts to help legal challenge to Osborne's rental tax changes

The two landlords behind the possible legal challenge to George Osborne’s buy to let tax changes are appealling for “experts, mentors...

11 January 2016

From: Breaking News

Last chance for agents to put buy to let tax views to David Cameron

Today is the last chance for Letting Agent Today readers to have their concerns about proposed stamp duty increases and recent...

07 January 2016

From: Breaking News

Tory peer criticises government over sudden attack on buy to let

A Conservative peer and former shadow chief secretary to the Treasury has become the first senior Tory to speak out against...

06 January 2016

From: Breaking News

New details emerge of legal challenge to Osborne buy to let tax changes

A legal opinion is expected in the next few days as the legal challenge to George Osborne’s buy to let tax...

06 January 2016

From: Breaking News

Buy to let and stamp duty changes - put your views to David Cameron

Letting Agent Today readers are being given the rare opportunity to have their concerns about proposed stamp duty increases and recent...

05 January 2016

From: Breaking News

Legal challenge to Osborne's buy to let tax changes after £50,000 raised

The latest £50,000 target to fund a legal challenge to Chancellor George Osborne’s proposed tax changes for buy to let landlords...

04 January 2016

From: Breaking News

Anti-tax change petition gets 47,000 signatures with four weeks to go

An online petition seeking the reversal of the Osborne clampdown on buy to let tax breaks has secured around 47,000 signatures...

31 December 2015

From: Breaking News

Leading agent claims buy to let tax changes have 'very negligible impact'

Buy to let tax relief is still set to total around £15 billion annually even after changes to tax relief are introduced,...

21 December 2015

From: Breaking News

Government confirms Wear & Tear change after 170 consultation responses

HM Revenue and Customs has published the responses it has received to its 12 week consultation on changing the Wear and...

10 December 2015

From: Breaking News

'Say No To George' petition now well over 40,000 signatures

An online petition asking the government to rethink its raft of tax measures imposed on buy to let landlords this year...

07 December 2015

From: Breaking News

Buy to let tax and duty changes driving more landlords to form companies

A respected survey of the buy to let market says proposed tax changes and the increased stamp duty on additional homes...

04 December 2015

From: Breaking News

Private rental repairs 'deferred because of Osborne tax changes'

Research shows that landlords are scaling-back repairs over the winter in order to optimise finances when a new wear and tear tax...

20 November 2015

From: Breaking News

Don't demonise Tory-supporting landlords, government is told

The head of a landlords’ association has warned the Conservative government not to demonise buy to let investors who typically have...

16 November 2015

From: Breaking News

Tax threat fails to dampen appeal of buy to let insists agent

The controversial changes to landlords’ mortgage interest tax relief and to the wear and tear allowance “have failed to dampen the...

10 November 2015

From: Breaking News

Not every country is cutting buy to let investors' tax breaks...

Thanks to Accountancy Age for drawing to our attention to the fact that not every country is tightening up on the tax...

04 November 2015

From: Breaking News

Wear and tear tax change to hit rural lettings hard, warns accountant

The Chancellor’s proposed change to wear and tear tax allowance in the rental sector will hit rural lettings particularly hard, according...

30 October 2015

From: Breaking News

Tax body highlights 'complexity and confusion' of buy to let tax change

While almost every lettings organisation has been up in arms at the raft of tax changes for landlords suggested by Chancellor...

26 October 2015

From: Breaking News

Top accountancy body slams Osborne's unthought-through BTL tax plans

“Unthought-through”, “unfair and unreasonable” and leading to “extreme confusion” - those are the thoughts of Britain’s leading professional accounting body on...

19 October 2015

From: Breaking News

Petition against buy to let tax change a waste of time says industry group

The online petition against the government's proposed tax changes for buy to let investors is "a waste of time" according to...

12 October 2015

From: Breaking News

Ignore campaigns against tax break changes urges FT columnist

A columnist on FT Adviser - an online service for financial advisers and clients - says buy to let investors have...

09 October 2015

From: Breaking News

Government rules out any re-think on restricting buy to let tax breaks

The government is ruling out any re-think on its proposals to reduce buy to let tax breaks from next year. The Financial...

08 October 2015

From: Breaking News

Newspaper challenges Osborne's buy to let tax figures

The Daily Telegraph has undertaken an interesting exercise which effectively challenges Chancellor George Osborne’s assertion that buy to let tax changes...

16 September 2015

From: Breaking News

20% of landlords to quit because of tax break change - claim

A firm of specialist solicitors claims that one in five landlords say they will be “out of business due to government...

01 September 2015

From: Breaking News

SaynotoGeorge campaign founders speak out on tax threat

The founders of the website saynotogeorge.co.uk have stepped forward to explain why they have founded the campaign.  Two Peterborough-based property developers are...

17 August 2015

From: Breaking News

Agents, landlords, investors urged to 'saynotoGeorge'

A new website - www.saynotogeorge.co.uk - has been set up as a nucleus for opposition to Chancellor George Osborne’s proposals to...

13 August 2015

From: Breaking News

Almost half of landlords hit by Wear and Tear tax change

Around 47 per cent of landlords will be affected by changes to the annual wear and tear allowance. That’s the result of...

13 August 2015

From: Breaking News

Landlords may produce 'alternative' buy to let tax measures

The Residential Landlords Association has launched a new campaign ‘toolkit’ to enable opponents of the proposed buy to let tax changes...

10 August 2015

From: Breaking News

Tenants fear that tax break costs mean higher rents

A survey suggests that renters are worried that landlords who have to pay more tax as a result of changes in...

05 August 2015

From: Breaking News

Survey confirms buy to let tax clampdown will raise rents

A survey for a lettings organisation has confirmed the belief that the government’s removal of tax breaks on landlords will almost...

22 July 2015

From: Breaking News

HMRC gives full details of wear-and-tear tax changes

HMRC has revealed the scope of its proposed changes to the wear and tear allowance, as announced in George Osborne’s Budget...

21 July 2015

From: Breaking News

BTL mortgage sector damaged by Osborne tax move - analyst

The specialist buy to let mortgage sector is set to be an unexpected victim of the buy to let tax changes...

16 July 2015

From: Breaking News

Institute for Fiscal Studies slams Osborne's BTL changes

The independent Institute for Fiscal Studies has described the justification given by Chancellor George Osborne for curbing tax breaks for buy to...

14 July 2015

From: Breaking News

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