Independent London AVOID FINES, GET A TAX BREAK, AND PREPARE FOR THE NEW LANDLORD LAWS WITH THIS BERMONDSEY ESTATE AGENCY
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f you’re a landlord you need an informed and cost effective agency. Independent London set up a Central London office in 2008 to try to bridge the gap between High Street agents and Internet advertising options. Since then they’ve established themselves as a landlord friendly, knowledgeable and reliable Estate Agency using a fair fee structure and the latest technology to enhance the landlord’s experience. They stay on the edge of technology and were using online signing back then in 2008 when nobody else was. As of June 1st the Government is banning all fees to tenants. This means that your estate agent will no longer be allowed to charge administration fees to tenants moving into a property. They cannot charge for references or a check in or a check out. Do you know exactly what the Tenant Fee Ban means to you? Is your letting agent passing on the fees to you? Has the Government relabelled Tenants Fees and called
them Landlord Fees? Independent London is taking a pragmatic approach to the Fee ban. If you are confused by what your agent is telling you then call Independent London now for free advice and information regarding the ban. Does your property need an additional House in Multiple Occupation (HMO) licence? Southwark council requires a licence for a property with three unrelated tenants. Even a couple and a single person living in a two-bedroom property would require an additional HMO licence. Are you legal? Is your tenancy legal? Ask the experts at Independent London and you could avoid a large fine. The agency is also experienced in winding down HMOs and finding families to rent larger properties, thus avoiding the requirement for an HMO Licence. Do you know how to set up a Special Purchase Vehicle to buy your investment property with a Limited Company so you can claim mortgage interest back in your tax return? Could you qualify and incorporate your property portfolio? This could save a landlord with five properties or more thousands in tax and stamp duty. Giving landlords expert advice is what Independent prides itself on. There are plenty of low fee charging run of the mill agencies out there taking fees for with little or no experience in the industry. Independent London backs up their experience with: · A legal mentor · Cast iron contracts · Up to the minute paperwork backed by software
providers Goodlord and Painsmith Solicitors. This provides peace of mind for the agency and its clients. Everything is done online to save time and money. Tenants are given all legal documents at the start of the tenancy including the gas certificate, Energy Performance Certificate, the Deposit Scheme Prescribed Information, all of which they’re required to sign as part of their Tenancy Agreement. Independent London currently has no rent arrears on their whole managed portfolio. They provide an online log in portal for landlords at no extra cost, which means landlords have access to their accounts and paperwork at the touch of a button. No need to call or chase for a missing invoice. Independent London can also provide an end of year tax roundup for your accountant. The agency understands the challenges facing landlords in the modern lettings industry because they are landlords. Their objective is to save landlords money at every turn while guarding them always against punitive aggressive litigation from current or former tenants. If you feel like you are not being properly advised or that you are paying too much tax or you simply don’t understand recent legislation or how it will affect your property or your income then give Independent London a call. Independent London charges 5 percent for a letonly service and an additional 5 percent monthly for management service. Independent London is at Studio 1, 197 Long Lane, SE1 4PD. Phone: 0207 940 7303 Or email: info@independentlondon.net