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Really worried and looking to sell ASAP

Really worried and looking to sell ASAP

26/08/2016

After reading all the doom and gloom on the new tax rules and now the underhand tactics regarding CGT, I’m pretty much done and looking to sell up. I’m really worried that I will go bankrupt and take my family with me. It just isn’t sustainable under these new rules. I have two properties both… Read more


Welcome news on human rights and proportionality for private landlords

Welcome news on human rights and proportionality for private landlords

26/08/2016

The Supreme Court has ruled that an occupier of a private residence cannot invoke Article 8 of the European Convention on Human Rights (ECHR) as a defence when the private landlord seeks possession. Article 8 Article 8 http://www.echr.coe.int/Documents/Convention_ENG.pdf covers the right to respect for private and family life and states the following: Everyone has the… Read more


Capital gains on BTL to be taxed as income

Capital gains on BTL to be taxed as income

25/08/2016

If you thought clause 24 of the 2015 finance bill was underhanded, wait until you get a load of this!  The government have slipped some additional clauses into the finance bill 2016 (75-78: taxation of profits from trading and investing in UK Land) which make profits made on the sale of buy-to-let property become taxable income, at income… Read more



Sanity check required!

Sanity check required!

25/08/2016

Myself and my wife are established BTL landlords with a high value portfolio of six properties in London. The net result taxwise is that we both now have incomes of just above the higher rate limit of £43K and no other income. The purpose of the portfolio is purely is to provide a long term… Read more


New tenanat wants to bring his own gas cooker

New tenanat wants to bring his own gas cooker

25/08/2016

I have a new family moving in 1/10/2016 who wish to bring there own gas cooker. Do I have any legal responsibility to get the tenants own gas cooker they want to install gas safety checked or is it their responsibility to use a gas safe installer of cookers? I appreciate that I need a gas safety certificate… Read more


The true costs of taking a management company to 1st tier tribunal

The true costs of taking a management company to 1st tier tribunal

25/08/2016

I have just had a very traumatic experience after taking a freehold management company to 1st tier tribunal over a costs dispute. This is my story of how winning £800 cost me over £14,000. In 2014 I took a managing agent to a 1st Tier Tribunal and they were ordered to repay unreasonable service charges. The tribunal made… Read more



How Three Dozen Morons Influence Anti Landlord Media

How Three Dozen Morons Influence Anti Landlord Media

24/08/2016

Their leader has been praying for a House Price Crash for years, he’s even set up a forum dedicated to helping to create one! By his own admission he can afford to buy a place of his own but has always chosen not to. What a plonka! His strategy is based on hope and he’s recruited around three… Read more


Money Grabbing Rogue Landlords Are Parasites

Money Grabbing Rogue Landlords Are Parasites

24/08/2016

It’s all well and good moaning about headlines like the one above and the bias of anti landlord media which leads to increased legislation and higher taxes but what are we doing about it? Ah yes, we are going to pass on all the costs to our tenants because they should foot the bill –… Read more


Eviction due to landlord not paying the mortgage?

Eviction due to landlord not paying the mortgage?

24/08/2016

I private rented with no letting agents, had a basic tenancy agreement and paid my rent each month. The landlord wasn’t paying his mortgage and now the house has been repossessed leaving my family homeless. We got the letter informing us of eviction 6th July, this is when I refused to pay the rent for… Read more



Possible Brexit clause for Valuations

Possible Brexit clause for Valuations

23/08/2016

The Royal Institution of Chartered Surveyors (RICS) has suggested a possible Brexit clause that can be added by member surveyors to be added to Valuation reports. This is intended to offer protection for Surveyors against the uncertainty of future house price movements while the issue of Brexit and its repercussions are still uncertain. The RICS… Read more


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