Welcome to Affinity Lettings
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We are an independent business primarily operating within the Milton Keynes and surrounding areas with over 20 years' experience in the property industry. We offer a range of services from residential and commercial lettings to block management and investment opportunities.
Why Choose us?
We pride ourselves on not being your average letting agent and by offering something a little bit different, we hope to stand out from the crowd. What makes us different? Our dedicated team offer a bespoke service tailor made to meet your individual needs, because we understand everyone is unique.
So whether you're moving home, looking for your next office space or an investment landlord with a portfolio of properties to manage, you can rest assured you're in safe hands with Affinity.
Tenants:
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Keep Up to Date With the Latest News
Advice on taxes for UK landlords: The complete guide for 2022/23
This information is current and updated to the best of our knowledge as of April 2022.
As a landlord with an investment property, you're likely to pay tax at every stage of the life of that investment: when you buy the property, when you let the property, and later when you sell or pass it on.
In short, letting is like any other business: if you make a profit, it's liable to taxation. However, property tax is a specialist area and navigating the rules can be complicated - particularly for new landlords.
This guide outlines key things to be aware of about the taxes landlords pay and covers some of the ways you can reduce your tax liability.
LANDORD TAX GUIDE
Landlord fined £55k - Don't let this be YOU!
A landlord has been handed a hefty fine of £55,000 after committing multiple health and safety breaches at his Slough home.
Fahed Choudry from Homefield, Wembley, was fined £5,000 per offence, ordered to pay court costs of £2,387.92, as well as a victim supplement of £190, the Slough Observer reports.
In one example, there was a hole in the wall behind a door and a dent in the wall, raising questions about the building's structural integrity.
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Urgent Call For More Rental Homes
The government anticipates that there will be 1.8 million new households over the next decade, and has targeted building 340,000 new homes per year by 2025 to meet those numbers.
Given the current annual growth rate of social and owner-occupied housing, however, the private rented sector (PRS) would need to plug this gap with 227,000 properties a year, reports Capital Economics, a consultancy commissioned by the National Residential Landlords Association (NRLA).
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