Category: Uncategorized (2)

Landlords are being invited to take part in a survey in relation to the existing tax system. 

The study, which is being undertaken by The Office of Tax Simplification (OTS), aims to identify potential areas of improvement.

The OTS would like to hear from anyone who receives residential property income and submits an annual self-assessment return, rather than those who hold property through a company. 

The survey, which runs until 11pm on 20 September 2019, can be accessed here.

The OTS would also like to hear from anyone who is self-employed and submits an annual self-assessment tax return. 

Article From “LandlordToday” By Marc Da Silva (11.09.19)

When I first started out as a landlord back in the dark ages before Buy To Let mortgages (BTL), I don’t think there were any Letting Agents – as a landlord, you just got on with the job, as best you could.

After the BTL boom, Letting Agents sprang up everywhere and many Estate Agents jumped on the band wagon. However, I strongly believe that selling and letting are two very different things.

So, HD Lettings came into being in August 2014 just prior to a piece of legislation requiring all Letting Agents to join a redress scheme. HD Lettings went further than this by becoming a regulated agency through the UK Association of Letting Agents (UKALA) which gave us membership of a redress scheme and client money protection.

HD Lettings set out to be the type of agency that I wanted to use as a landlord. An agency that responds quickly, takes care of me and my most valuable assets, whilst protecting my income and ensuring my tenants are kept safe and happy. That’s what HD Lettings is all about – YOU, our landlords and tenants.

Many people have asked why I became a Letting Agent and I say it’s to make a difference. I love what I do (I’ve been in the property industry for 37 years now). I love that we provide our tenants with safe homes that they want to live in and to help our landlords to be the best. Legislation has gone ballistic recently and compliance is a nightmare. I endeavour to keep our landlords on the right side of the law and avoid any nasty consequences.

If you have a landlord story, I’d love to hear it – I’ve got some corkers, which I might share later; until next time…

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