Abbey Independent Inventories

Quarterly Tax Sumissions for Landlords from April 2026! The Government is planning to create an additional tax compliance layer for landlords, laid out in the Chancellors Spring Statement recently. Any landlord from 2028 with rental income in excess of £20,000pa will now be included in the the Governmnets 'Making Tax Digital' plans announced in the Spring Statement. This will add another burden to small landlords. New tax filling regulations will...

The Renters Righ Bill, due to come into force this year, ends the practice of rental bidding by prohibiting landlords and agents from asking for or accepting offers above the advertised rent. Landlords and agents will be required to publish an asking rent for their property and it will be illegal to accept offers made above this rate. Government interventions in price-setting historically tends not to end well. Despite a desire to protect tenants...

As a self-managing landlord, I am always delighted when good tenants want to renew their tenancy.Having long-term tenants is one of the best ways to reduce the costs and hassle of multiple tenant turnover. In 2025, with tenants expectations continuing to evolve, as a landlord I am constantly looking at way to attract and retain reliable renters.How can a landlord take positive steps to attract and retain the best tenants. The check list below wil...

Rollits Solicitors Article online -October 25, 2024   In broad terms, Section 21 of the Housing Act 1988 allows landlords to evict residential tenants, who occupy a property under an assured shorthold tenancy in England on 2 months’ notice. The Section 21 procedure is often referred to as a “no-fault eviction”, as landlords do not need to give a reason for the eviction. However, this may be set to change in the near future. “If you live in r...

Rightmove HubAs 2023 drew to a close, our team of lettings experts looked at the three most prominent trends expected in the rental market during 2024. 1. Landlords will have to balance priorities to get the price right Landlords have faced the challenge of higher buy-to-let mortgage rates in 2023, contributing to rising rents. In the final months of 2023, the number of rental properties seeing a reduction in asking rent during marketing has tick...

National Residential Landlords Association 29/07/2024 If you're a landlord, or thinking about becoming one, you may be wondering: 'Is being a landlord worth it in 2024?' It's undoubtedly a time of uncertainty for landlords across the UK. The new Labour government promised to 'overhaul' the regulation of the private sector in their election manifesto, but it's not yet fully clear what this will mean for landlords. That said, the benefits of being ...

by     Property118.com News Team 10:   0900 Hrs, 5th August 2024  Labour is looking to prevent landlords from evicting tenants who have nowhere else to live, the Telegraph reports. It says government ministers will propose imitating a French scheme which has ‘hardship tests’ that must be followed before an eviction is allowed. The rule effectively bans evictions that would leave a tenant worse off. Supported by ...

 This article was written by Oxford Property Consulting in 2023   A series of legislative, fiscal and economic conditions have converged in recent years to alter the landscape of investing in the private rented sector.   Changes to tax allowances, rises in interest rates and a stricter regulatory environment have seen an upward trend in landlords selling up their properties.   In this blog, we explore these developments in gre...

Will house prices keep falling? Author Georgie Frost Published in The Times Money Mentor 1st December 2023Updated December 1, 2023 House prices rose 0.2% in the month to November, according to Nationwide, but still remain 2% lower than a year ago. Forecasts from Lloyds Bank and property website Zoopla expect prices to keep on falling throughout 2024. We explore where house prices could head next. The evidence that the UK property market is strugg...

Published May 12, 2020Trending News, UK Housing Market-Eleanor Harvey On Sunday, Boris Johnson revealed the UK government’s “lockdown easing plan”. Some things will be changing from tomorrow, but how will this affect the property sector? Boris Johnson’s speech at the weekend was unsurprisingly met with a range of reactions from members of parliament, business leaders and members of the public. Much of the criticism pointed to a lack of ...

  Residential Market Outlook: Week Beginning 6 April 2020Written By: Liam Bailey, Knight Frank  Assessing Covid-19’s impact on the UK housing market Summary  The UK government’s response to the Covid-19 pandemic has utterly transformed the current economic and housing market landscape. The big question is what will its longer-term impact be?The outlook we set out below confirms a sharp fall in activity. Looking beyond the shor...

Property Intelligence 2019Findrs Keepers - published October 2019  Renewals – a new normalAcross all offices we have seen an increase in the number of tenants renewing. In Quarter 1 we reported a change in behaviour with tenants negotiating more on rent or length of tenancy. With the same thing happening in Q2 and Q3 it’s safe to say that this seems to be the new ‘normal’. As with new tenancies, the landlords who are being sensible and ...

Article by guildy | 27 Sep 2019 | 2020, New Legislation Landlords Urged to Sell Now to Beat Higher CGT Bills Buy to let landlords who have rented out a home where they once lived are urged to sell up quickly to avoid higher tax bills. Capital gains tax rules are due to change from April 6, 2020 that will take a larger bite from their sell-on profits. CGT will impact landlords selling homes by – Scrapping lettings relief that allows each owner to ...

TUESDAY 04 DECEMBER 2018 ARLA ON LINE ARTICLE The Minister for Families, Supported Housing and Child Maintenance, Justin Tomlinson has issued some valuable advice for landlords (or managing agents) to help their tenants better understand Universal Credit and minimise problems with unpaid or late rent.Justin Tomlinson, MP said: "I understand that Universal Credit has felt like a huge cultural change for many private landlords, their staff and tena...

ARTICLE PUBLISHED ON ARLA WEBSITE FRIDAY 14 SEPTEMBER 2018  In England on 1 October, the criteria for what kind of House in Multiple Occupation (HMO) needs a mandatory licence is being extended and agents will need to ensure they’re keeping landlords up to date with the incoming change in legislation and making sure that applicable properties are licensed. The UK Government announced in May 2015 that it would be changing the criter...

ARTICLE PUBLISHED ON ARLA WEBSITE MONDAY 17 SEPTEMBER 2018   The Deregulation Act 2015 made changes to prevent ‘retaliatory evictions’ and all new tenancies starting on or after 1 October 2015 had to adhere to new guidelines as to when and how a landlord can serve a Section 21 notice.This October all remaining Assured Shorthold Tenancies (ASTs) will be subject to these rules, regardless of their start date. With the new rules,...

Article published on ARLA website MONDAY 17 SEPTEMBER 2018   The controversial Bill that will ban most charges set by landlords and letting agents to tenants in England has started its journey through the upper chamber. The Tenant Fees Bill was introduced into Parliament in May of this year, and it has since completed its stages in the House of Commons and moved swiftly into the Lords for further scrutiny. The First Reading in...

Article written by Robert Booth, appeared in Gaurdian 10th September 2018 One in three homes in England at lowest rents are classed as non-decent, analysis shows A quarter of a million families bringing up babies and infants in England are living in privately rented accommodation that fails to meet the decent homes standard, it has emerged. The number of households bringing up children aged under four in squalid conditions, which c...

ARTICLE PUBLISHED BY RESIDENTIAL LANDLORDS ASSOCIATION REPRODUCED BY AII JULY 2018 What documents do I need to give to my tenant?I have protected my tenant's deposit, what documents do I need to give my tenant? Each deposit scheme requires you to give your tenant and anyone who has contributed to the deposit, the following documents: Copy of the deposit protection certificate/receiptPrescribed InformationThe deposit protection scheme leaflet for ...