An overhaul of property residence relief rules could quite likely hit smaller landlords with much higher capital gains tax bills when they sell their property than previously. At the present moment, you can claim up to £40,000 in capital gains tax relief if you sell a property that is your main home or has been […]
Selective Licensing
On 8 January 2019 the Council’s Cabinet approved recommendations to conduct a consultation on proposals to designate certain sections of the city as subject to Selective Licensing for privately rented properties under Part 3 of the Housing Act 2004. The consultation commenced on 9 January 2019 and ended on 20 March 2019. Following the outcome […]
Additional Licensing of Houses in Multiple Occupation
Regulation 9 of the Licensing and Management of Houses in Multiple Occupation and other Houses (Miscellaneous Provisions) (England) Regulations 2006 On 8 January 2019 Coventry City Council met and it was unanimously approved to conduct a consultation on proposals to designate the whole of the area subject to additional licensing for HMOs under Part 2 […]
Mandatory Electrical Checks
To continue you my last blog article this New regulations on Electrical Safety Standards in the Private Rented Sector are soon due to come into effect with landlords and agents being held responsible to ensure that electrical installation inspections and testing are carried out on all new tenancies from the 1st July 2020 and all existing […]
Electrical Testing
So we have had a fair few new Coventry student focused landlords come to us recently and it amazed us how many haven’t even had any electrical testing carried out in addition to PAT Testing, so we thought we would write an article to help advise and assist the student landlords of Coventry out there. […]
Demand and rents reducing in Coventry
Having read and seen the statistics for the Coventry area it seems that whilst everywhere is following an upwards trend in rentals that the government Efforts to make investing in the private rental sector by making it more expensive is having the predicted effect. Landlords and letting agents have had a fair amount of legislation […]