If you are one of our landlord’s insurance or unoccupied property insurance customers, or if you are a tenant who uses our home insurance policies, you may well have experienced landlord-tenant friction in the past
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The changing attitude in the UK market is now leading to far more young people living in the private rented sector for longer periods of time.
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While renting to a group of people who have just left home may not seem like a great idea to many would-be landlords, a new report by the National Landlords Association suggest they may be the ideal tenants.
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The tax would be aimed at those with properties valued at over £2million. A charge of 1% would be levied on any value over the £2 million mark, the combined receipts of which would be used to fund the re-introduction of the 10% basic tax rate. The 10% tax rate was abolished in 2008, making the basic tax rate 20%.
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Landlords who rent to students bring in the best returns.
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