Posts with tag: landlord events

The Great Tax Debate – mydeposits landlord webinar this week

Published On: December 15, 2020 at 9:01 am

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A webinar aimed at helping landlords prepare for 2021 will take place on Thursday 17th December, ran by mydeposits.

Landlords have seen a range of changes in 2020, with tax reliefs being scaled back or ended completely. Government-approved tenancy deposit scheme mydeposits points out:

  • Mortgage interest tax relief was replaced with a 20% credit, which has been phased in over three years
  • Capital gains tax exemptions for ‘accidental’ landlords – those who held onto homes they once lived in – have been reduced
  • Letting Relief was also cut

The Great Tax Debate webinar will reflect on the recent tax changes that have impacted landlords the most. The panel will share their views and answer live questions from attendees.

The expert panel, hosted by Paul Shamplina, Head of Property for Hamilton Fraser, will include:

  • John Stewart – Deputy Director of Policy and Research for the NRLA
  • Mitch Young – Co-Founder of Fusion Consultancy and International Private Client Tax specialist
  • David Coughlin – CEO of National Residential; Co-Founder & Board Member at The National Association of Property Buyers
  • Nigel Lewis – Property Journalist and Editor 

Ahead of the webinar, John Stewart, Deputy Director of Policy and Research for the NRLA, has commented: “Residential property investment has become the Conservative’s ‘go-to’ sector for tax take.

“Over the last few years, we’ve seen restrictions on mortgage interest relief, differential rates of CGT and SDLT and loss of wear and tear and energy savings allowances. Rather than blanket increases and cuts in allowances, there is a need to get smart and use the tax regime to align investor behaviour with the Government’s desired policy outcomes for private renting.”

You can register here for the The Great Tax Debate webinar, which will take place 11:00AM-12:00PM on Thursday 17thDecember 2020.

Landlord debate to take place at London launch event for new annual rent product

Published On: August 5, 2019 at 9:11 am

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Categories: Landlord News

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Advanced Rent Option (ARO) is a new product being launched to allow landlords and property investors to obtain annual rent upfront in one lump sum.

An exclusive launch event will be held later on this month, with landlords and property investors invited to attend.

The free event will be held at London’s Royal Institution of Great Britain between 6.30pm and 9.30pm on Wednesday 28th August 2019, with a range of exciting industry guest speakers and presentations arranged for the evening.

Attendees will learn more about ARO and hear from those who have already benefitted from having their annual rent paid upfront. There will also be networking opportunities for likeminded landlords and industry professionals, including developers, industry suppliers and agents.

Christopher Watkin will be hosting the even, providing his unique take on the future of the rental market and highlighting the key drivers for change, including PropTech, regulation and Brexit.

Charlie Bryant, Managing Director of Zoopla, and Vanessa Warwick of Property Tribes have also confirmed their attendance.

A panel debate will take place between the Zoopla MD, Simon Shinerock, owner of Choices Estate Agents, renowned property developer and investor John Howard, and certified accountant and tax advisor Karl Carraher.

The debate will focus on the changing landscape of the lettings industry and will be chaired by Christopher Watkin.

Simon Shinerock has commented: “The ARO has already generated a huge amount of interest among inquisitive landlords and investors who are looking for innovative ways to manage and grow their portfolios.

“This event will give them the chance to understand exactly how the ARO works and how it is already benefitting other landlords. There’ll also be a range of presentations around the current state of the market and where it’s headed.

“Marking a significant milestone in the development of the PRS, the event is a must-attend for all open-minded landlords who want increased financial freedom.”

Christopher Watkin added: “Now is the time for letting agents and landlords to be thinking ahead with the aim of futureproofing their success. The ARO is a boundary-pushing concept which fits this mould and acknowledges the changing landscape of the modern lettings market.”

“I look forward to welcoming landlords, agents and property professionals to the launch event and discussing the future of the rapidly growing and increasingly influential PRS.”

Shinerock also said: “A combination of challenging market conditions and record low buy-to-let mortgage rates means now is the perfect time for savvy investors to expand their portfolios.

“However, finding the capital to do so – especially when considering the stamp duty surcharge on additional property purchases – is not always easy.”

“We want to help landlords to take their next step in the property market on their journey towards financial freedom, or alternatively to simply make a dream luxury purchase, pay for a wedding, school fees or anything else they desire.

“We’re looking forward to welcoming landlords and investors of all levels to the Royal Institution of Great Britain on August 28th to present the ARO and discuss the future of the industry we all care so much about.”

Interested parties can register for the event here: https://landing-page.angelsmedia.co.uk/choices-advanced-rent/

Tenant Fees Ban to be Discussed at this year’s TPO Conference

Published On: June 11, 2018 at 8:01 am

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Categories: Tenant Fees Ban

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This year’s The Property Ombudsman (TPO) conference for property agents will be taking place on Wednesday 13th June, at which former Housing Minister Mark Prisk will be discussing his views on the Tenant Fees Ban.

This new ban extends from the Tenant Fees Bill, introduced into parliament on 2nd May. It focuses on the need for a cap on tenancy deposit fees and a ban on letting agent fees. The bill also aims to deal with the amount of deposit that a landlord can demand, with the intention of capping it to six weeks.

Mark Prisk, who is also a member of the Housing, Communities and Local Government Select Committee, is also expected to talk about Client Money Protection (CMP), which is speculated to become mandatory before the Tenant Fees Ban is implemented.

James Walker, founder of Resolver, the free online tool to help consumers with complaints, will also be speaking at the conference. He has stated that his session will cover how the property industry can be supported in the optimisation of its reputation, as well as encouraging better outcomes for both consumers and the industry.

Other speakers due to attend include Rob Symes, Co-Founder of The Outside View Analytics Ltd, and Richard Combellack, Head of Lettings Innovation at Rightmove. Declan Curry, journalist, speaker and conference chair, will also be speaking at the event.

There will be a number of exhibitors at the event, such as PayProp, the property management automated transactional platform, Rightmove, the UK’s leading property search website, and property industry experts Propertymark.

The conference will be held at the National Conference Centre in Solihull, bringing together agents, industry leaders and many other leading names. There will be debates on the latest issues surrounding regulatory reform and law enforcement. More information about the event can be found on the TPO website.

Draker Lettings’ Exclusive Landlord Film Screening Raises Money for Charity

Published On: June 8, 2018 at 9:10 am

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At the end of last month, London real estate agency Draker Lettings hosted a charity event to raise money for the Royal Marsden Cancer Charity. The company arranged an exclusive film screening of Studio 54, the documentary about the world’s most famous nightclub in New York.

Draker offered free tickets to the event at the Soho Hotel in London, raising £1,300, which all went to the aforementioned charity.

This exclusive opportunity for landlords was a unique chance for those who attended to see the film before its general release later this year.

Tim Hassell, Managing director at Draker said: “We wanted to organise a positive event and something quite special for our clients. A fun and exclusive evening with drinks, nibbles and a great film.

“The Royal Marsden does an astonishing job, making a real difference in the lives of so many people and we are absolutely delighted to offer our support and to have raised a grand total of £1,300.

“We dedicated the evening to our very special client Amy Feinberg, along with all others who have been touched by the incredible work of The Royal Marsden.”

Lydia Clark, Senior Community Fundraising Manager, The Royal Marsden Cancer Charity said: “Congratulations to Draker on a fantastic evening! We are so grateful that they chose to support The Royal Marsden Cancer Charity by hosting this wonderful event and we would like to thank everyone involved.

“The Royal Marsden Cancer Charity raises money solely to support The Royal Marsden. We ensure their nurses, doctors and research teams can provide the very best care and develop life-saving treatments used in the UK and worldwide.

“From funding state-of-the-art equipment and ground-breaking research, to creating the very best patient environments, we will never stop looking for ways to improve the lives of people affected by cancer.

“Without the help of our amazing supporters, we would not be able to continue funding all the important research and work done by The Royal Marsden.”

Draker is not alone in its achievement to raise money for charity recently, as landlord and letting expert Paul Shamplina hosted the annual ‘Rumble with the Agents’ in the same week, raising £16,000.