As previously intimated , basic qualifications for those involved in client facing roles are now going to be required and Rentlocally aim to have its staff fully trained before the start of 2018. We recognise that trained staff add value both in terms of knowledge and credibility and it is our intention to deliver the […]
The amount of Income Tax relief landlords can get on residential property finance costs will be restricted to the basic rate of tax. The changes will: affect you if you let residential properties as an individual, or in a partnership or trust change how you receive relief for interest and other finance costs be gradually […]
From 2018 anyone who carries out Letting Agency work in Scotland will be required to Register with Scottish Ministers and abide by a statutory code of practise if anyone wishes more detail on this go to www.mygov.scot/letting-agent-registration.
RICS predict that rents could increase by a fifth in the next few years. In association with the National charity Crisis they see real difficulties ahead for those on low incomes and a huge social dilemma looming unless the Government acts now. Many Landlords have already stated that they would be happy to rent their […]
Digital tax returns: a bit of good news One of the measures Hammond announced was a delay to the deadline after which the self-employed will be forced to submit digital tax returns. The Residential Landlords Association said the one-year delay will be a good thing for landlords: its research suggests just 48 per cent use […]