Selective Licensing for Nottingham’s rented sector

Selective Licensing – Better standards for Nottingham’s private rented sector

People in Nottingham have a right to expect a decent and safe standard of private rented accommodation. The new selective licensing scheme aims to raise housing standards in the private rented sector to provide quality housing for all.

Improving the quality of housing in the city is one of the Council’s main priorities. We believe that whether you rent from a social landlord or a private landlord you should be able to expect a good standard home, which is well managed and maintained. The Council has collected evidence, which shows that this simply is not the case for many people living in the private rented sector.

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Should I buy house via a limited company?

Buying a house via a limited company

I want to buy a property and rent it out as a long-term investment, which I would then like to provide me with income when my partner retires. What are the pros and cons of making the investment personally, versus buying it via a limited company? I would like to invest £80,000 to buy a property priced about £140,000. I am worried about being taxed on the rental income, although it will be in my name and I currently have no income as I am a stay-at-home mum. I am not planning to sell it but, if things change, what taxes would I have to pay upon sale in each scenario?

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