Landlords

[SarahWakefield]

Anyone on here a landlord? - in need of some information.

If my landlord is renting his property out below market value and demands an increase of the rent, could it be seen as excessive or does that only count if the property is been 'let out' above market value?

Also, do all landlords have to pay taxes on the propertys they rent out, even if they say they don't make a profit due to Gas Safety Checks & repairs?

[Abigail]

The direct.gov website has some information on tax here (http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/DG_10013435).

There's some information of increasing rent here (http://www.landlordzone.co.uk/FAQ/index.php?action=artikel&cat=2&id=96&artlang=en) which covers all contract types.