Bank of England Holds Interest Rates at 3.75% — What It Means for You
Yesterday the Bank of England confirmed that the UK base interest rate will be held at its current level, signalling a continued period of caution as policymakers assess inflation and wider economic data. While some commentators had predicted a small cut, the decision to hold reflects the Bank’s view that, although inflation is easing, it has […]
Carpet Stains, Wear & Tear, and Deposit Disputes — A Recent Case Explained
A recent deposit dispute focused on a landlord’s £95 claim towards replacing a badly stained bedroom carpet after a three-year tenancy. Although the full replacement cost was higher, the landlord only requested a contribution. The check-in report showed the carpet was newly fitted and spotless at move-in, supported by dated photographs. After check-out, a professional […]
Making Tax Digital: HMRC Letters Landing Soon for Landlords
Landlords across the UK, along with sole traders and self-employed individuals, are about to hear directly from HM Revenue and Customs as the rollout of Making Tax Digital (MTD) for Income Tax moves closer. HMRC has confirmed it will be writing to people earning over £50,000 from property or self-employment, as they will be the first group […]
