• June 07, 2018
  • by Andy Whitmey

Can I sell my tenanted property in Edinburgh?

An open-market sale may appeal to many property owners but it also comes at a high cost. Selling tenanted property, on the other hand, can take place with tenants in situ, so you can continue to receive rent while a buyer is sourced and up until the day the property sale concludes.

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  • June 06, 2018
  • by Andy Whitmey

Higher rate tax payers – mortgage interest relief

When calculating self-assessment income for residential property only the mortgage interest is an allowable expense. In addition to this HMRC have put in place further restrictions for the tax relief on finance costs since 6th April 2017. Find out more here.

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  • May 30, 2018
  • by Andy Whitmey

Tax for Non-Resident Landlords (NRL)

If a landlord has a rental property in the UK and their usual place of abode is outside the UK then they will be taxed as a non-resident landlord. This means that income tax is payable to HMRC on any profits.

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  • May 03, 2018
  • by Umega Lettings

Navigating Legislation for Landlords

When you break it down, the legislation surrounding Private renting is not as onerous as it first appears but the key to simplifying what needs done and staying on top of things, is being organised. Here’s what you need to know

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