At some point as a homeowner, you may come to the conclusion that it would be wise to rent out your house. Maybe you are thinking of going travelling or are temporarily relocating for work. Perhaps you are trying to sell your home but are finding it impossible. Or you may be looking to buy another property but your current home is locked in negative equity.
The question posed in the title of this article is a little ambiguous. But, in theory, the answer is yes. You could let your property without a buy to let mortgage. But the reality is that if you are doing so you are highly likely to be committing mortgage fraud. Though probably unwittingly.
From this month (April 2018), if you’re a landlord with a mortgaged rental property, you need to be aware that you will now have to pay more on your rental income due to changes in mortgage interest relief changes. We explore what these changes could mean to you.
In theory, being a buy to let landlord is pretty straightforward. But is buy to let as easy as it looks?
Welcome to the second in our series of industry interviews. For this instalment, we are delighted to profile David Smith, who is a landlord and tenant law partner at Anthony Gold Solicitors as well as Policy Director of the Residential Landlords Association.
Tthe deposit protection scheme is something landlords often ask us about. It does cause some confusion, particularly among new buy to let or accidental landlords. But private landlords have had to protect their tenant's deposit since 2007.
Here are the three income from property advice for individuals videos from HMRC.
Whether you are a self-managing landlord or using the services of a letting agent - like ourselves - on a fully managed basis, you will have a business relationship with your tenants.
If you are a first-time landlord or about ready to take the plunge and buy your first rental property it is an exciting time. A nervous time as well. There are so many things to consider when you rent out your first property. To help a little here are our top tips and advice for first-time landlords.
A nightmare. The tenant from hell. They are labels used to describe their least desirable renters by private landlords. Those tenants the landlord will certainly not be renting to again. Most landlords who have had buy to let properties for a number of years will have a war chest of horror stories about nightmare tenants. Rogue tenants are a serious problem and one which gives even the most experienced landlord sleepless nights.
The financing landscape for landlords has changed dramatically in recent times. To understand why we need to retrace our steps and look at the history of BTL finance in the UK.
It's a dilemma faced by all landlords. Should you allow your tenant to personalise or decorate your property? And if so to what degree?
