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Politicians and the Bedroom Tax

Image of houses and pound coinsAfter gaining power along with the Liberal Democrats, the Conservative party implemented a number of welfare reforms. They claimed that these reforms would make the benefit system fairer as before some individuals were claiming more in benefits than the average worker received in pay. One way they hoped to achieve this was by introducing the spare room subsidy (also known as the bedroom tax) where those living in social housing that were considered to have ‘spare’ rooms would have their housing benefits cut. Since its inception the reform has been extremely controversial, and now that the General Election is coming up MPs are becoming even more vocal: Continue reading

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You can never predict the weather when it comes to summer in the UK, however what you can predict is the second the sunshine comes out everyone will want to head outside. Unfortunately, we’re often caught off guard by good weather, meaning we have to make do with the odd bits of furniture and some questionable BBQ food – but not anymore! Continue reading

Could you Let your Properties to Holidaymakers?

Image of SuitcasesHotel owners around the globe are concerned over a new trend in the holiday industry where instead of staying in a hotel, individuals rent out properties in popular cities such as Paris, London and Barcelona. In fact, you may have recently seen adverts on the TV for companies such as Airbnb which specialise in finding holidaymakers homes to stay in during their journeys. As a landlord, these types of services could help you expand your business and even make money during what may have previously been considered quiet periods, however there are also notable downsides. Here, we look at this new holiday trend in more detail: Continue reading

3 Reasons Rogue Landlords are back in the News

Image of terraced housingRogue landlords are generally in the news as they are causing a number of issues in the private rental sector. However, this week we have seen even more reports than usual on rogue landlords as political leaders are discussing what changes they would implement if they came into power after the General Election. Here, PropertyQuoteDirect looks at the reasons why rogue landlords have been back in the news this week and what this means for the private rental sector: Continue reading

How will the Immigration Act 2014 affect Landlords?

Houses of ParliamentAround this time last year the Queen announced in her annual speech that the government had introduced a new Immigration Bill which would require landlords to vet all their potential tenants in order to make sure that they are in the country legally. Naturally, many landlords and industry experts were concerned over this new Bill, however it is still planned to go ahead October of this year. Here, PropertyQuoteDirect explains the purpose behind the Bill, why so many landlords are against it, and how it could affect your business: Continue reading

How Landlords can stay on the right side of the HMRC

Image of person doing taxesEarlier this week the HMRC announced that they are launching a new online tutorials aimed specifically at those who work in the private rental sector. A few years ago it was revealed that the HMRC was owed millions of pounds by those in the private rental sector as many landlords had failed to fill in their self-assessment forms properly. So what does the HMRC’s new scheme mean for landlords and how can you stay on the right side of them? Continue reading

How Landlords can prepare for the next General Election

Image of Ballot BoxOver the past few weeks PropertyQuoteDirect has mentioned the next General Election in a number of our blog and news articles, mainly due to the fact that whatever happens in the next twelve months will have a huge impact on the private rental sector. Therefore, it is wise for landlords to start protecting their businesses now, however how can this be done and what changes do landlords realistically need to protect themselves against? Here, PropertyQuoteDirect explains in further detail: Continue reading

Landlord Regulation Under Scrutiny

Image of person completing paperworkIf you’re a landlord you probably feel like there’s quite enough regulation that you have to worry about at the moment. While a simple 2 bed property might be easy enough to run on a day-to-day basis, local and national regulation for HMOs can be an enormous burden for landlords. Couple this with things like council tax, landlord insurance and tenant management and it’s no surprise that many landlords find themselves having to give up other occupations to work full time.

However, the property market in the UK has been under considerable scrutiny lately, with rising prices and homelessness fuelling debate in the national press about whether landlords should be subjected to stronger laws concerning what they’re doing in the private rental sector. A recent report by the Residential Landlords Association (RLA) has also called for regulation to be reassessed in the UK, which we look at here in more detail: Continue reading