Landlord

How Much is Stamp Duty on Second Home and How to Avoid it?

How much is Stamp duty on second home and how to avoid it? This question is asked by many people whilst buying a second home in England or Northern Ireland. Bear in mind that you need to pay this tax, no matter you are buying a holiday home, buy-to-let, freehold, or leasehold property. In this …

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allowable expenses for rental income

What Expenses are Allowable against Rental Income?

Usually, the landlords are prone to misunderstand the exact factors that make capital expenses and revenue expenses different from each other. It is the most common and frequently asked question as well. In this guide, we will learn what are allowable expenses for rental income? Furthermore, it is important to realise the difference between the …

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building and contents insurance

Everything You Need to know about Building Insurance and Contents Insurance

Many people feel tempted towards gambling with home insurance. However, it is not viewed as very wise to put your own house or property at risk. In case you do intend to play safe, the question arises here that what sort of safe covers might require to opt for building and contents insurance? Household insurance …

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tenancy deposit protection scheme

A Guide to Tenancy Deposit Protection Schemes for UK Landlords

For tenants and landlords, the tenancy deposit protection scheme is a bit tricky to handle. Confusion is being observed in the legalities tenancy deposit because of the tenant fee ban. You might wonder about what amount should be paid? What could possibly be the deductions? Stop worrying if you are overwhelmed with the struggle of …

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winding-up petition

Winding Up Petitions: What All Directors Need to Know?

A winding-up petition is a legitimate last notice given fully intent on compelling the debater organization to close. The request is introduced at court where an appointed authority will hear the case. A winding-up petition implies in a real sense that to petition to end up such an organisation that owes money. At the hearing, …

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