Buy-to-let landlords are set to face new costs from April 2016 as stamp duty liability tax is set to increase. Stamp Duty Changes 2016 In his Autumn statement on November 25th 2015 the Chancellor, George Osbourne, announced changes which will see a stamp duty liability tax (SDLT) rate increase for buy to let properties and […]
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When letting a property, an inventory is a very important document that is prepared prior to the tenant moving in. The inventory, also sometimes known as a Schedule of Condition, should comprise a thorough list of all the contents of a property, as well as its structure, fixtures and fittings, along with plenty of photographs! […]
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There have been a lot of changes made to legislation recently in the Lettings industry. Here at CXG we are on top of all legislative changes and always ready to respond accordingly, however, for your information we have set out below a summary of the main changes over the last 6 months. The Deregulation Act […]
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Over the years I have run and worked in a number of different industries. Before owning a lettings and investment business my brother and I have found ourselves selling prams, cots, children’s toys and computers! All of which have contributed to the success of CXG today. Although very different fields to the property market, one […]
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As of 1st February 2016, all private landlords must carry out ‘Right to Rent’ checks on all new tenants. The Government has announced that from 1st February 2016, all private landlords and consequently letting agents in England will have to check new tenants have the right to be in the UK before renting out their […]
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What the landlord is responsible for the property’s structure and exterior basins, sinks, baths and other sanitary fittings including pipes and drains heating and hot water gas appliances, pipes, flues and ventilation electrical wiring any damage they cause by attempting repairs Your landlord is usually responsible for repairing common areas, eg staircases in blocks of flats. […]
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