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Could 2018 see the decline of the PRS in Wales?

The data talks for itself; low rents, longer tenancies, lower evictions, high satisfaction and better quality. When you look at the independent data, you would think that the PRS is, broadly speaking, on the right track in Wales. But there are dark clouds on the horizon for landlords in Wales, and the storm looks set […]

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RLA wants cap on energy efficiency spend slashed

The RLA has called for landlords’ spend on mandatory energy improvements to be capped at £2,500 – half the figure proposed by the Government. Under plans from the new Department for Business, Energy and Industrial Strategy landlords would have to fork out up to £5,000 to bring homes up to a minimum Band E energy […]

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Landlords reassured on Finance Bill changes

The Government has reassured landlords that amendments recently tabled to the Finance Bill will not affect PRS landlords. The RLA raised concerns about the proposed changes, which it believed blurred the distinction between trading profits from the purchase and resale of property and investment in homes to let. The Law Society also warned that the […]

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Gas Safety Week: What are your responsibilities?

Next week is Gas Safety Week, with landlords around the country being reminded of their obligations when it comes to keeping tenants safe. Badly fitted and poorly serviced gas appliances can cause gas leaks, fires, explosions and carbon monoxide poisoning, which can kill quickly with no warning and affects thousands of people each year. Landlords […]

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RLA welcomes new Welsh tax plans

New plans to replace Stamp Duty Land Tax in Wales have been hailed as great news for landlords and tenants. The Residential Landlords Association Cymru is backing the Welsh Government’s proposals to establish a new Land Transaction Tax from 2018 to replace Stamp Duty. The plans were revealed in a new Bill published this week. […]

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Help us fight changes to Mortgage Interest Relief!

Landlords join us in the fight against changes to Mortgage Interest Relief! If you are not already aware buy-to-let investors are facing huge finance and tax changes from 2017. Currently landlords are able to offset the amount of interest they pay to their lenders annually on their mortgage against their tax bill. This means landlords are currently […]

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Are you a new landlord?

There are nearly 2 million landlords across the UK and many are ‘accidental’ landlords who are ordinary people, with jobs, in situations where renting out a property has become necessary. Many may have inherited property or been unable to sell, so renting the property is the only option. This could mean that inexperienced landlords are […]

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RLA backing homelessness bill

The RLA is backing the Homelessness Reduction Bill – which includes new measures allowing councils to accept eviction notices as proof people are losing their homes. Earlier this year it emerged local authorities were encouraging PRS tenants to remain in their homes until the bailiffs arrived, as only then could they declare themselves homeless and […]

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Wandsworth Council rejects landlord licensing plan

The RLA has welcomed news that Wandsworth Council has abandoned plans to introduce landlord licensing. At a meeting to discuss the issue the authority noted that as there had been a reduction in the number of complaints about PRS homes and a high level of tenant satisfaction there was no evidence to justify bringing in […]

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