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 […]
Category Archives: Legislation & Law
Legislation and Laws are in place to be followed within the letting industry to ensure the safety of both students and landlords. Our blog covers all matters within Legislation and Law, find out more here.
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. […]
Section 21 to be abolished
The government has confirmed its intention to repeal section 21 Legislation from the housing act 1988 as part of the governments drive and improvement of the rental sector as set out in the Renters’ Reform Bill 2019–20 as announced on the queens annual speech on the 19th December, the current section 21 legislation currently allows […]