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We will continue to support landlords and letting agents through this by either lobbying specific amendments or providing help and advice during the implementation to help you manage your properties and stay compliant.
According to the Centre for Ageing Better, life expectancy has tripled over the course of human history. In 1840, when infant and child mortality rates were still very high, the average life expectancy for a British man was just 40 years and it was 42 for a woman. By 1951, this had increased to 66 and 72 respectively. ? Fast forward and according to official ONS figures, a man aged 65 in the UK in 2020-22 could expect to live until he was 83, while a woman could hope to live until she was 85. With people living longer, we all need to better prepare for our retirement – including the UK’s 2.8m landlords.
Life can be busy when you’re a landlord. Leaving aside managing your property and tenants, many landlords must also cope with the demands of a job or running a business. Then there’s your own domestic and family responsibilities.
Register as a sole trader or set up a limited company? It’s a key question to answer when you decide to take the plunge and start your own business because your decision can have major implications.
OK, admittedly, fun is a bit of a stretch. And probably the only sense of enjoyment you’ll get is when you’ve actually filed your Self Assessment tax return and it’s off your plate for another year. However, there are things you can do to make completing your Self Assessment tax return much less boring and painful.
This article was shared with us by Landlord Vision and has been written by Mary Latham. Mary has been a self-managing landlord since 1972 and until July 2018 she was the West Midlands Regional Representative for the NLA. Over the years Mary has been consulted by government, local authorities and other groups within the housing industry and is well known for her in-depth knowledge of legislation and regulation.
YORK CITY OF SANCTUARY WORKING WITH YOU TO SUPPORT UKRAINIANS
We are getting into the colder months and condensation is becoming more apparent. Condensation leads to black spot mould growth which not only damages the property but is harmful to your tenants.
The long-awaited Renter’s (Reform) Bill* was (finally!) released just over 36 hours ago. We have poured through all 89 pages of the Bill to update landlords on everything they want to know at this stage.
The increase in the number of short term lets in certain areas, such as coastal towns, national parks and some cities can impact on the availability and affordability of homes to buy or to rent for local people and on the sustainability of communities more broadly.