The easiest way to survive a tax investigation is to avoid one occurring in the first place! A small percentage of individuals are selected for a random investigation, but most cases are because something has triggered HMRC’s risk assessment system. A lot of people...
People are often surprised by the length of tenancy agreements. Are they even really necessary?! The answer is YES if you want to be protected for the duration of your tenancy it is completely necessary. It is also advisable for the tenancy agreement to be fully...
Over the years there has been several strategies developed for saving tax which Landlords should follow to make the most out of their investment and ensure as much money is coming to them rather than being out in tax. Our 10 Favourite Tax Tips: 1. Claim your expenses...
The Furniture and Furnishings (Fire) (Safety) Regulations 1988, as amended, have an impact on furniture supplied as part of a part furnished or furnished let, and needs to comply with certain safety standards. Examples of furniture that are covered by the regulations...
Now that the cold months are in full swing, we are very aware of the threats this can cause to your property. From frost which can damage pipes to storms which can cause flooding and other damage. As landlords ourselves we feel it is important to make sure your...
Landlord insurance can be expensive and difficult to understand… So, do you really need it? And if you decide to have it, what kind should you have? The four main types of insurance that you may want to consider as a landlord: • Buildings insurance • Contents...
Property valuation is often overlooked as one of the key pillars of the property sector. In many respects, this is not surprising; assessing the value of a property can, to the untrained eye, seem like a straightforward process. The reality is very different! Over...
White goods in rental properties, not the most exciting read, however, the reality is, it’s a subject all landlords (and tenants) need to consider when renting out their property. Most importantly, what white goods should landlords supply, and what are they required...
It would be a safe assumption that most landlords and letting agents have lost count of the amount of times a tenant had contacted them to report they had damp in their home and needed a contractor straight away. Majority of the time, after some digging it turns out...
Having smoke alarms fitted and testing these regularly. It could be a good idea to set yourself a weekly reminder to test the alarms and ensure that you never take out the batteries, even if it were to go off unintentionally! Some of the main causes of house fires...
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