Tax and legal

As a buy-to-let landlord, there are a number of tax and legal considerations which you have an obligation to take seriously.

You are liable to pay income tax on the rent you collect, although there are many allowances you can offset against your bill.

And you are legally obliged to provide proof that the property is safe, and to offer tenants access to a Tenancy Deposit Scheme, for example.

Click here for more infomation on buy-to-let tax and landlords' legal obligations.

HM Revenue and Customs

Tax evasion prosecutions double as HMRC eyes middle class

HM Revenue & Customs successfully prosecuted more than 600 people for tax evasion in 2012-13, more than double the amount in the previous 12 months and ahead of its target for 2013, figures show.

bank-of-ireland-logo

Landlords get green light for Bank of Ireland class action

Fifty landlords planning a class action against the Bank of Ireland have been given the go ahead to challenge it before the May rate rise.

Trotters Independent Traders Robin Reliant

Peckham offers best yields for landlords

Landlords in south east London enjoyed the best rental yields in the city last year, according to figures from Kinleigh Folkard & Hayward.

Business secretary Vince Cable

Baker Tilly: Vince Cable will win over mansion tax

Business secretary Vince Cable is likely to succeed in pushing a mansion tax though parliament in the Autumn Statement, tax specialist Baker Tilly has said.

Handcuffs

HMRC taskforce to tackle buy-to-let tax cheats

HM Revenue & Customs (HMRC) is to launch a taskforce to clamp down on tax fraud in the rental sector in the South East of England.

Tax avoidance

Top Tips: Buy-to-let tax

As a landlord, it is essential that you understand your tax obligations. here are some top tips for minimising your tax exposure.

Outsourcing door

How to remove an existing tenant

Unfortunately, as a buy-to-let landlord you may find yourself in a position where you need to evict an existing tenant, either because they have fallen behind on their repayments or behaved in an unacceptable manner.

rental

Assured Shorthand Tenancies & Disputes

Every sensible buy-to-let landlord should make sure their tenant signs up to an official contract before they move in.

Legal

Buy-to-let taxes and legal requirements

Buying to let isn't simply a case of finding a tenant and then raking in rent - there are tax implications and legal requirements to negotiate first.

Page 1 of 1

Speak to an adviser

Free expert mortgage advice

l-c-logo-100-middle-with-border

Follow the link below to fill in our simple 3 step form and you will be contacted by a qualified mortgage adviser who will help you with your requirements.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Mortgage best buys

key

Compare the latest mortgage rates using our compare
mortgages tool

Calculator

Use our easy-to-use mortgage calculators to find out how much you could borrow and calculate your monthly repayments

Ask Paula

Ask Paula

paula-john

If you have a question about mortgages or homebuying, why not ask Editor in Chief Paula John?

Paula is CeMap qualified.

Your Mortgage today

Calculators

Mortgage best buys

Compare the latest mortgage rates
using our compare
mortgages tool.





Your Mortgage guides

Download your FREE guides

Equity release market grows 26% in H1

Equity released by homeowners rose by 26% to £641.8m in H1 2014 compared to the same period last year, analysis from provider Key Retirement Solutions has shown.

Your Mortgage Awards

awards rondel 2013
Awards

Widely regarded as the UK's definitive consumer mortgage awards, for 22 years the Your Mortgage Awards have recognised and rewarded those lenders and providers that have offered the very best products and services to mortgage borrowers over the preceding 12 months.

Connect with YourMortgage.co.uk

Sign up for our weekly email alerts

Recieve up-to-date news directly into your inbox from us

Your Money Logo
toolssavings

Make the most of your money from investments, savings, retirement and financial planning.

Get expert opinions, top tips, all the latets news, videos, guides etc