Great that @CMAgovUK report goes beyond banning new leasehold houses and capping new ground rents to 0. At last there could be enforcement against high permission fees and service charges too (eg 50% commission to manage works!); even refunds for soaring ground rents
When #renting out your property, think about your target audience. Which type of tenant is your #property likely to attract? Who would want to live in this location, with these nearby facilities (eg, transport, schools or parks), in a property of this size & layout?
Rule number one of #lettings: #properties attract the #tenants they deserve. Put the odds in your favour by doing all you can to make your property look its best.
Buy-to-let tax guide: Lucky enough to own multiple #rental homes? Offset losses on one against #profits on the rest, as your #tax liability is calculated across your whole #property portfolio. However, you can’t offset against other income sources #propertymanagement#landlord
Top tip to be tax efficient: If you're married, make sure the lower earner owns the #rentalproperty – or most of it – to benefit from a lower tax band. You can transfer property between spouses through a simple legal process, without paying any tax #propertymanagement#tax