HM Revenue & Customs (HMRC) investigators are now focusing on property investors. Several hundred property investors received letters from HMRC stating that apparently they have not included their rental income on their tax returns even though they own rental property. The HMRC offered property tax advice to the affected parties to rectify their affairs. HMRC’s …
Monthly Archives: April 2008
How to Lay a Laminate Floor
You need some DIY experience for laying a laminate floor. It’s crucial that the laminate boards are laid on a dry, leveled surface so ensure that you fix any loose floorboards, and clean damp areas or woodworm problems before installing your new floor. Get professional if necessary. Time to complete job: Two or three days …
Halifax to Raise Mortgage Rates
Halifax has announced that will raise mortgage rates for customers with smaller savings, starting from next Monday. Homeowners who haven’t saved at least 25 per cent of the value of their property will pay 0.14 per cent extra, on top of the main interest rates. In the other hand Halifax will encourage borrowers into putting …
Scottish Buy to Let Market is Excellent
One property expert claimed the the buy to let property market in Scotland has superb prospects. According to David Kendal of the National Landlords Association (NLA), rental prices are increasing meaning there is better scope for profit in the Scottish buy to let sector. It’s known that the credit crunch made it hard to get …