The consultation on the abolition of section 21 has now ended. If the proposed plans come into force, this is likely to be announced soon, and any changes would take place in late 2020 or early 2021.
The government is currently consulting on big changes to landlords’ rights. They plan to stop landlords evicting tenants under section 21, usually known as no-fault evictions. They also want to stop the creation of new assured shorthold tenancies (ASTs).
Tenant referencing helps landlords decide whether a potential tenant is likely to be able to pay their rent on time and keep their property in good condition.
If you are a landlord or prospective landlord, you will undoubtedly have picked up on the hype around topics such as Section 24, and the increasing popularity of buying properties through limited companies. We'll explain the basics and take you..
Anyone who’s bought a property or two will know that the amount of space you see on a floorplan is only an indication of how big (or otherwise) a property feels.
Section 24, also known as the ‘tenant tax’, means that landlords will only be able to claim tax relief on mortgage interest and other financing costs at the basic rate of tax.