Capital Gains Tax
If, when you sell or give away an asset it has increased in value, you may be liable to pay tax on the ´gain´ (profit). This doesn´t usually apply to your main home or personal belongings worth £6000 or less.
If you require further information on this please click on the following link. www.gov.uk/capital-gains-tax
Finding a solicitor
If you do not have a solicitor to act for you on the conveyance of your property, here is a link to the Law Society where you can find a solicitor in your area.
www.lawsociety.org.uk/choosingandusing/findasolicitor.law
Insolvency
www.gov.uk/government/organisations/insolvency-service
Pension Service
Why not take a fresh look at The Pension Service. You might be surprised at what you could get especially if you´re over 60.
www.thepensionservice.gov.uk/freshlook/home.asp
Benefits
It´s worth checking out which benefits or services a relative, friend or you may be entitled to claim.
These include:
Housing benefit
If you are a landlord with a tenant who is entitled to housing benefit, the following link gives answers on who is entitled, how much and more. www.dwp.gov.uk/lifeevent/benefits/housing_benefit.asp
Council Tax Benefit
www.gov.uk/council-tax
Attendance Allowance
www.direct.gov.uk/en/DisabledPeople/FinancialSupport/DG_10012425
Pension Credit
www.gov.uk/pension-credit
Help with health costs
www.nhs.uk/NHSEngland/Healthcosts/Pages/help-with-health-costs.aspx
Or up to five other benefits
www.gov.uk/browse/benefits
Landlords Obligations – Repairs
As a Landlord there are legal requirements which you are obliged to meet and comply with. In most instances these include repairs to the structure and exterior of the property, heating and hot water installations, basins, sinks, baths, toilet installations, pipes and service supplies to the property.
Gas Safety A guide to Landlords duties
www.hse.gov.uk/pubns/indg285.pdf
FCA
www.fca.org.uk
Electricity installations and appliances
http://www.niceic.com/householder/electrical-hazards
General safety and fire safety of furnishings and furniture that you provide.
https://www.gov.uk/workplace-fire-safety-your-responsibilities/who-is-responsible
Arranging and paying building insurance
As a landlord you are responsible for insuring your property.
Contact us now
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- Online: Just fill in the short form on the sidebar. We´ll call back with a FREE appraisal
- Face to Face: Meetings by appointment at our offices, your home or office
- Email: We will call back for an informal discussion
