The whole world of renting is constantly in flux, with many legislative and regulatory changes. So we at Northwood Leicester will try to offer all the advice and help we can on renting in Leicester….starting with this helpful little challenge picked up from Rightmove – take a look here We often get to help tenants… Continue reading Tenant Tips… An occasional Series #1
A highly unusual point of view expressed about the lettings game from a letting agent in London: Marc von Grundherr, lettings director of Benham & Reeves Residential Lettings, said: “George Osborne has done more for the rental market than any other Chancellor in history”. His reasoning is that with the average purchase price of a… Continue reading How Renting in Leicester differs from London – a different world
Honestly, some very odd comments on the ways the tax changes will impact on landlords: here’s a prize from the Office for Budget Responsibility, the body that monitors Treasury activities and ensures feasibility of tax policy in economic terms: “It is expected that 1 in 5 individual landlords will receive less relief as a result… Continue reading Question: how does increasing tax on landlords help tenants? (Answer: it doesn’t)
A call for £50,000 of funding for a legal challenge to the Chancellor’s tax grab on landlords on Boxing Day was successfully reached by the end of the Christmas/New Year break. Steve Bolton, who runs a buy-to-let training franchise company, had commented: “It’s not clear why the Government has chosen to just launch an attack… Continue reading Alice in Wonderland tax facing a legal challenge
Well, not that lot, but the status quo as far as buy-to-let is concerned. I’ve let the dust settle for a week or so before commenting upon the latest round of the Chancellor’s assault on buy-to-let investors (as that is what it’s becoming), mostly because there’s been an awful lot of other commentary around and… Continue reading The Status Quo is gone…..