Landlord insurance is not compulsory – think of it as bulked-up home insurance to cover extra perils such as non-payment of rent or damage by tenants – but it can be very costly to go without it if disaster strikes. Our tips help you decide if it’s right for you. It isn’t a legal requirement […]
Under new rules being phased in by April 2020, landlords will progressively lose valuable tax relief on their buy-to-let mortgage costs. We explain what the changes mean for you. What is buy-to-let mortgage interest tax relief? Since April 2017, the way landlords have to declare their rental income has started to change, meaning most will […]
A study by Migrate discovered as many as one in 10 renters had been banned from changing provider, despite the fact doing so could save them as much as £300 a year. Now the auto-switching service is reminding tenants, if they are responsible for their utility bill and pay their energy supplier directly they have […]
The Rules and Constitution of The Landlord Association.
Membership User/Member numbers as of: 12/02/2020. Courtesy of Chairman, Mr DT Evans.
Introduction and main findings The 2019-20 TLA Landlord Survey (TLALS) is a survey of landlords and letting agents who own and/or manage privately rented properties in England. The aim of the TLALS is to provide understanding of the characteristics and experiences of landlords and how they acquire, let, manage and maintain privately rented accommodation. Since […]
Buy-to-let landlords have been at the receiving end of several changes to the housing market in recent years. Introduced under former Chancellor George Osborne, the tax and regulatory reforms were part of a shake-up announced in his Autumn Statement 2015 and have hit landlords particularly hard. The changes came as the government faced pressure to […]
Aldermore Bank has relaunched its buy-to-let proposition, which includes a fee-free 5-year fix at 3.48% for individual landlords. The maximum loan limits have been increased from £600,000 to £1m to 75% LTV, and from £400,000 to £500,000 to 80% LTV. Meanwhile maximum terms have been extended from 35 to 40 years. Damian Thompson, group managing […]
Work out what cover you need Your sums insured are the values of what you need your policy to cover. The main sums insured you need to calculate are your buildings, contents and property owners’ liability: Buildings: You should give your insurer the rebuild value of your property, rather than the market value or the […]
When you buy a property as an investment, you won’t be able to fund your purchase with a normal residential mortgage. Instead, you’ll need a specialist buy-to-let mortgage. The good news is that there are lots of deals out there, whether you’re a first-time landlord, an ‘accidental’ landlord, or an experienced investor. The bad news, […]