Key benefits of using an offshore company to buy and sell property in the UK: Confidentiality, hide the ownership of the property Tax, although some of these have diminished due to some tax changes. Potential tax advantages when selling In the last few years following recent property crashes London residential property has done well when compared to other parts of …
When it comes to international disaster, the UK public historically react amazingly by giving generously. The UK has been at the top of the list of countries that are the most generous when it comes to donating to help in International disaster situations. The picture is no different when it comes to their own, because of COVID-19 UK landlords have …
Further changes to legislation have now been made again to the notice period when evicting a tenant. Landlords must now give their tenants 6 months’ notice before they can evict their tenants. This will remain in force until March 2021. 6 month notice period to evict tenants The Government has made it clear; it will do all it can to …
Courts are unlikely to hesitate in striking out possession claims Some landlords and even some lawyers are not aware of the new requirements for possession claim. There is already concern that a wave of evictions will take place once the ban on eviction has been lifted. The courts are unlikely to hesitate in striking out possession claims or at best …
The government has responded to pressure to extend the eviction ban and notice period, to protect tenants from losing their homes. The government announced today an extension on the eviction ban by another month for the 3rd time. The evictions ban was introduced in March as part of measures to protect the UK from the coronavirus crisis. The county courts …
16th March 2020 A date that will inevitably go down in history. A year which marked the beginning of our Country’s lockdown. This date marked the real beginning of the unknown. We are 156 days into the Covid-19 pandemic since the day our Prime Minister concluded that the UK would begin a journey, a journey in which each UK Citizen …
The Office for National Statistics (ONS) reports house prices grew at a rate of 2.6% over the year to April, down from 3.5% in the year to March. This report is the first UK House Price index published by the ONS since it was suspended in May 2020 due to Covid-19 pandemic. The ONS reveal the average property in the …
Bounceback grant for landlords will help, landlords, tenants and the wider economy, this is a viable option that ought to be considered. Leading organisations are appealing to the Government to provide grants to help with the rent crisis affecting tenants and landlords. The Welsh Government has this week implemented a scheme for private residential tenants to ease the potential flow …
The recent situation around the world has led to unprecedented economic pressures affecting almost every industry. Landlords are no exception, with pressure coming from both sides of the industry. Bills still need paying at your end, but the responsibility to your tenants is also as important as ever. It might be fair to say those living in rented accommodation are …
The Welsh Government has today announced the introduction of their new “Tenant Saver Loan Scheme” (TSLS). Tenant Saver Loan Scheme will be made available from early September and is intended to support those most affected by the Covid-19. Tenant Saver Loan Scheme is designed to help private tenants who are experiencing rent arrears during the pandemic as a direct result …