Estate and Letting agents

Langdowns DFK have considerable expertise and experience for all types of business, but we recognise the specialist requirements of estate agents and letting agents. Using the wealth of knowledge we have gained over more than 50 years we provide you with proactive advice and planning, which more than simply preparing year-end accounts and tax returns.

Ever since the introduction of the Estate Agents Act and the Estate Agents (Accounts) Regulations, coupled with considerable regulatory requirements of various professional bodies such as NAEA, ARLA and RICS, more onerous responsibilities have fallen on estate agents and letting agents at a time when recessionary pressures have had a major impact on the housing market.

Our unique understanding of the sector ideally places us to help you with all your compliance requirements, and key opportunities to minimise your tax liability.

Langdowns DFK can provide vital pro-active assistance and advice on:

  • Deciding what corporate structure to operate as (e.g., partnership, limited company, limited liability partnership)
  • Meeting and reporting on Client Money regulations for NAEA, ARLA, and other professional bodies
  • Reporting to the National Federation of Property Professionals (NFoPP) under new client money regulations
  • Residential service charge accounting and reporting
  • Accounts, record-keeping and training
  • Day-to-day bookkeeping assistance and management accounts
  • VAT Returns and all payroll and PAYE requirements
  • General tax planning and business growth strategy
  • Specialist tax planning strategies, where appropriate
  • Cashflow management and forecasting
  • Attending to HMRC rules under the Non-Resident Landlord Scheme