Alfie’s Blog

How can Ello Property help you?

“Throughout my 20 plus years working as an agent, I have witnessed the increasing pressures facing landlords. I decided to do something to help”. Alfie Rose (Ello’s Founder) Landlords fulfil a critical housing need, yet more and more are deciding to exit the market. A less favourable tax regime, increased borrowing costs and the threat of […]

Licensing – Improving Housing Standards or another Landlord Tax?

In 2015, the Government introduced a General Approval, granting local authorities the ability to establish Selective Licensing schemes. Selective Licensing allows a local council to require every landlord of privately rented housing within a specified area to obtain a license for each property.  This initiative is designed to improve housing conditions, tackle anti-social behaviour and […]

Own a Leasehold property? Positive change is on the horizon.

The Leasehold and Freehold Reform Bill, set to become law in the summer of 2024 (at the earliest), aims to improve homeownership for 5 million leaseholders in England. The bill will hopefully reinvigorate investment in leasehold properties thereby fuelling the supply of properties to the private rented sector (PRS).  The bill sets to make additions […]

Spring Budget Tax Cuts for Landlords, but is it enough?

In today’s Spring Budget announcement, Jeremy Hunt revealed plans to decrease the higher rate of property Capital Gains Tax from 28% to 24%.  Capital Gains Tax is levied on properties when an individual earns a profit from selling a property that is not their primary residence. This tax is applicable when selling various types of properties, […]

Buy-To-Let Mortgage Rates Fall.

Good news for landlords with buy-to-let mortgages – but strike while the iron is hot! Money comparison website ‘Moneyfactscompare.co.uk’ has reported the lowest buy-to-let mortgage rates since September 2022 on both 2- and 5- year fixed term deals. The cost of a 2- year fixed rate buy-to-let dropped to 5.49% in February 2024 with the […]

Navigating HMRC Obligations for Buy-to-Let Landlords in the UK

Understanding your obligations to HMRC (Her Majesty’s Revenue and Customs) is crucial for a smooth and compliant property management experience. Whether you’re running a fully-fledged property management business or simply renting out a single property, here’s a guide to help you navigate the HMRC requirements. Buy-to-Let as a Business If managing properties is your main […]

What is Right to Rent?

What is Right to Rent and how does it affect you as a landlord? The Right to Rent regulation was brought in by the Immigration Act 2014. It requires that all landlords with privately rented properties in England confirm that tenants renting their properties are legally permitted to live in the UK. Failure to comply […]