Transferring property to a family member One of the most frequently asked questions that The BLA members ask our Landlord Advice line is about transferring property to a family member. As many landlords know the tax rules have changed and new ones continue to pound landlords. Q. I own a property with my son jointly owned with him, the property …
Some landlords wrongly think that if they have breached deposit legislation they have to pay 3 times the value of the deposit taken in compensation. This is not the case as demonstrated by Okadigbo & Anor v Chan & Anor [2014] EWHC 4729 (QB) Since changes made by the Localism Act 2011 section 214 Housing Act 2004 which now provides that where …
Section 8 or 21? Many landlords ponder the questions” do I need to serve both section 8 & 21 notice on my tenants? To answer this question, I have created subheadings with a summary which I hope will give you a better understanding and in turn answer your question. What is a section 21 notice and when to use it? …
What is the cost of letting a property? Becoming a landlord can offer great investment potential. But how much does it really cost to let a property? Buy-to-let has long been seen as a profitable way to invest, with the opportunity to generate both a monthly income and a capital return. And, with the Office for National Statistics reporting that …
How to earn money from Real estate Real estate is one of the best investments you can make. If you have property, there are many ways you can leverage this asset to generate additional income. This is especially important if you’re tight on cash—whether you’re in between jobs or a retired senior looking to save where you can. If you’re …
Semi-Commercial Property Investment As landlords are squeezed more and more by rising interest rates and tightening yields, many are turning to semi-commercial property as an attractive alternative. Higher yielding property investments will always be popular, and understanding the opportunity to increase returns by investing in mixed-use property can pay serious dividends. This guide will break down what mixed-use property is, …
Construction Loans & Mortgages Building your dream home isn’t easy. You work diligently, save money, and explore cities until you discover the ideal neighbourhood. Finally, you decide on the location of your home and the interior and exterior designs. But how do you build your dream home? A construction loan can help you build a new house or renovate an …
Russia & Ukraine war – how will this affect the property prices? With drastic changes and unprecedented events taking place daily worldwide, the UK’s economy and its related markets are currently being tossed on a reasonably wild tide. But what does this mean for landlords? What will be the impact on buy to let mortgages and rental rates? In this …
How to identify a fake real estate agent When buying a house, selling, or looking to rent, finding a good estate agent can be tricky. You’re putting a lot of trust into an individual, and you are also looking to spend a lot of money, so you need to know that the person you’re dealing with is the professional, experienced …
Types of funding options for landlords Understand Business Loans to Support & Grow Your Business Cash Flow Businesses require substantial capital to finance startup costs or accomplish sufficient goals. As a result, companies apply for business loans to gain financial assistance. A business loan is a financial obligation that the organization must repay according to its terms. To satisfy lenders, …
