9 Crown Row, Bracknell, Berkshire, RG12 0TH

Sales Consultant
Anastasia is brilliant with people and loves creating new relationships. Perfect skills for her role at DY! Away from work she’s a keen gym bunny and enjoys taking her dog out on long walks, plus she’s a natural both in front of and behind the camera!
When I was younger I wanted to be…
A fashion stylist. Even now I still go around telling my family and friends what to wear and if they ever need advice they know who to come to.
Top of my bucket list is…
A skydive in Dubai.
You might be surprised to know…
I am a Grade 8 singer. When I was 10 years old I performed at the Royal Albert Hall and went on a music tour through Barcelona in 2017.
On Sunday mornings you can usually find me…
Giving my dog a lovely long walk around Virginia Water.
8 May 2018
For many private Landlords managing their investment portfolio will continue to become a challenge. In 2018 there are at least five things all private landlords should know if they are to comply with current legislation and properly manage their portfolio and the income generated by it.
They are;
Remember that from April 2018 Landlords paying income tax at the higher rate will only be able to claim tax relief on 50% tax relief on the interest paid on their property loan. The following year it is 25% and thereafter Landlords may only claim tax relief on interest at the basic rate of income tax. Make sure to take professional advice on this subject.
There are rumblings amongst those who know that the Bank of England Base Rate is forecast to rise to 1% by the year end. Those of you on non fixed-rate mortgages may see increases in borrowing costs if Base Rates rise this year. Given recent changes in the levels of tax relief now enjoyed by higher rate taxpayers, this could be an expensive and unwelcome combination.
Under plans announced at the end of last year, buy-to-let Landlords will be asked to sign up to a compulsory arbitration scheme when resolving disputes with their tenants. The plans are currently part of a consultation. Of course, the consultation needs to be completed before it can be established whether this is good news or bad news for Landlords and tenants alike.
If you buy property for buy to let purposes you will be aware that you are now required to pay an additional 3% in SDLT on top of the normal SDLT that would be payable on property by any buyer for occupation. Again, taking advice on how best to deal with this surcharge should be sought early in the process.
The EPC (Energy Performance Certificate) must be valid when you market a property for sale or rental – or relet it. Furthermore, from 1 April anyone that lets a property on a new tenancy must make sure that the property has an EPC in Band E or above. Failure to adhere to these rules may result in a fine of up to £4,000.
Of course, many Landlords have modern property that falls within Bands A – D but it’s worth checking to make sure you remain the right side of the law.
The demand for rental property is predicted to be even stronger over the forthcoming years, so it’s still a good time to become a landlord, should it be right for you.
Read our blog – Minimum Energy Efficiency Standards For Rented Properties
Contact Bracknell’s longest established property experts for further advice and guidance.
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