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Local Housing Allowance (LHA) is already a bit of a mess, with many landlords choosing to shy away from this sector of the rental market (see 2 reasons why landlords say “no” to housing benefit tenants). Now, with the Government’s budget cuts, even more landlords will be turning away housing benefit tenants. Read more of this article (Should landlords lower rents to fund housing benefit cuts?) ...

Because there are more tenants around than properties available to rent, landlords and letting agents are quite rightly, selecting the tenants in the best position. And given the choice, landlords would rather rent their properties to people in employment than people claiming housing benefit. Here, we discuss the reasons why. Read more of this article (The 2 reasons why landlords say "no" to housing benefit tenants) ...

Capital Gains Tax (CGT) is a tax payable on a profit. The profit is calculated when an asset is disposed of e.g sold or given away. As landlords, we pay CGT when we dispose of a property other than our main residence. Profits are subject to an 18% tax for basic-rate taxpayers and 28% for higher-rate taxpayers. There are many exemptions and reliefs available to landlords to help reduce the amount of CGT payable. Read more of this article (Landlords and Capital Gains Tax) ...

Copyright, Phillip James, 2008