Recent Posts
What is Fair Wear and Tear
- By Northwood UK
- Landlords
- October 10, 2022
When a tenant moves out of a rental property there is typically a check out process where the condition of the property is inspected. One of the reasons for this is to check for damage to the landlords property
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Welsh Landlords liable for contract changes
- By Northwood UK
- Landlords
- October 5, 2022
The Renting (Wales) Act 2016 will fundamentally alter large parts of the way the private rental sector in Wales is run. Originally it was due to be implemented on the 15th of July 2022 but this was delayed in May to the 1st of December 2022 at which point all landlords in Wales will be expected to comply with the new legislation.
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How to Sell A Buy to Let Property
- By Northwood UK
- Landlords
- September 12, 2022
There comes a time in every landlords career when they make the decision that they want to sell their buy-to-let property. This can be because they need to release some cash, want to downsize their property portfolio or simply no longer wish to be a landlord. Whatever the reason, there are some considerations that need to be taken into account when looking to sell a buy-to let property and in this article, we will walk you through the process.
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Who is responsible for mould, landlord or tenant?
- By Northwood UK
- Landlords
- August 10, 2022
In the rental sector there are always grey areas that can lead to confusion and potentially tension between a tenant and a landlord. One such area is mould in the property and who is responsible for dealing with it.
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A fairer deal for the Private Rented Sector?
- By Northwood UK
- Landlords
- August 9, 2022
The Government has published a white paper around its plans for making a fairer private rented sector. The Government believes that despite the vast majority of landlords being fair and just and offering excellent quality properties, there are too many tenants who live in inadequate rental properties, that section 21 eviction notices are used to remove tenants unfairly and that rents are sometimes raised unfairly.
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Ground Rent Charges Banned
- By Northwood UK
- Landlords
- August 1, 2022
When buying a property there are two types of tenure, these are Freehold and Leasehold. Freehold is where the owner owns the building and the land on which is sits. Leasehold is essentially, as the name suggests, a lease agreement and the freeholder retain the title to the building and the land and the leaseholder purchases the right to live in the property and use the grounds for an extended period.
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Are Repairs On Rental Properties Tax Deductible for Self-Employed Landlords?
- By Northwood UK
- Landlords
- July 25, 2022
In this article we specifically look at self-employed landlords tax liabilities and whether repairs can be deducted from the revenue profits and not attract a tax liability.
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