Welcome to another edition of the “Landlords Barometer” – bringing you the most popular discussions from the PropertyTribes.com community over the past few weeks. So much going on in the property sector!
1. Impact of election result on the property and housing market
Election result: We have been discussing the impact of a “hung parliament” on the property sector and market and how it might influence landlords’ investment
decisions.
2. How to avoid a tax investigation by HMRC
Based on personal experience of being audited by HMRC, I wrote an article about how to avoid a tax investigation and our community added some very helpful tips too about managing your tax return more efficiently.
3. Report forecasts challenging times ahead for the BTL sector
According to a new report by Shawbrook Bank, the buy-to-let market will continue to provide good investment opportunities for a more professional investor community and equally continue to provide significant tax revenues to the Government.
Property Tribes member Bill Irvine, HB and UC Advocate, has held the Director General of the Department of Work and Pensions, Neil Couling, to account for UC failings, via Property Tribes forum. His “open letter” received a reply thanks to social media pressure by our community.
5. The changing face of the private rented sector
The 1,000th tenant of a Build to Rent specialist, the SDL Group, has highlighted the changing face of the private rented sector and gives a snapshot of the kind of competition private landlords and agents will face, as BTR gains traction.
6. Three reasons your property business will fail
A round-up of all our best business intel for starting a sustainable and profitable property business, including the holy rrail of business objectives, and how to write a business plan.
Thank you for reading my column and please do join our discussions and share YOUR views!
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