by Oakwood | Jul 7, 2015 | Blog
Chancellor George Osborne is presenting the “summer budget” tomorrow with rumours circulating that he will give in to calls to close some of the tax breaks given to the buy-to-let sector. In recent weeks there have been various requests for such tax breaks – the...
by Oakwood | Jun 5, 2015 | Blog
Landlords and letting agents have been issued a reminder that they have less than three weeks to protect tenancy deposits with one of three government-approved schemes. A change in law under the Deregulation Act means that tenancy deposits taken before...
by Oakwood | May 29, 2015 | Blog
Just over a week after David Cameron’s announcement of a national mandatory licensing scheme for private landlords, there has now been clarification. It will apply to Houses in Multiple Occupation or “shared housing” only. The clarification came from the Department...
by Oakwood | May 26, 2015 | Blog
Case 357 – Consultants and Letting Agents misinterpreting the risks of exposure to legionella of their tenants Issue Consultants and letting agents are i) using the revised L8 ACOP to infer there is new legislation regarding landlords responsibilities and ii)...
by Oakwood | May 22, 2015 | Blog
Prime minister David Cameron is set to introduce a mandatory licensing regime of private landlords. What is being described as a bombshell is outlined in a speech Cameron gave yesterday on immigration. Most commentators have so far focused on his announcement that the...
by Oakwood | May 20, 2015 | Blog
This quote below is taken straight from the Budget Red Book and has the potential to create chaos in the rental sector if introduced. I believe this change would seriously effect current landlord’s future investment decisions and if it turns out to be as bad as it...