A P
A P
Registered with Property118.com
23rd March 2016
Total Posts
0
Total Comments
85
Registered with Property118.com
23rd March 2016
Total Posts
0
Total Comments
85
Reply to comment left by Mark Alexander at 29/11/2025 - 08:40
Reply to the comment left by Mark Alexander - Founder of Property118 at 29/11/2025 - 08:40Thanks Mark
Read More →Reply to comment left by Mick Roberts at 29/11/2025 - 08:16
Reply to the comment left by Mick Roberts at 29/11/2025 - 08:16Thanks Mick, I just read that too
Read More →29th November 2025, 4 months ago
Actually I did some more research and if the value of the properties is placed on the DLA, then capital gains tax is payable on the transfer. I wonder if paying 28% gain now to save 42% tax over the...
Read More →29th November 2025, 4 months ago
Having also seen the change to statutory CGT relief upon incorporation, I sat down and exactly modelled my current position with the additional tax vs moving to a Ltd co now (assuming the reliefs applied as I run a partnership)...
Read More →27th January 2024, 2 years ago
If you do a google search for ‘splitting freehold title into new leases’ you will get quite a few options to speak to and see who you think is right for you
Read More →27th January 2024, 2 years ago
You are undoubtedly in the ‘moral’ right. However I personally don’t think you will automatically win in court. The tenant may have originally intended to move out (or did for a week) then changed their mind & decided to stay....
Read More →20th January 2024, 2 years ago
I’m afraid I don’t think you will get a 2000pcm rent for a £390k property in inner (zone 2) London. My flats which yield 2k per month are worth around £500k at the moment, some even more. Rents are up...
Read More →20th January 2024, 2 years ago
If you do this correctly then SDLT and Capital Gains may not apply. https://www.taxinsider.co.uk/creating-new-leases-on-freehold-flats-what-taxes-will-i-need-to-pay-1
Read More →23rd September 2023, 3 years ago
Come on Property 118. You usually don’t stoop to blatant click bait articles but judging by the number of comments this one had worked in driving traffic. The whole article contradicts itself. LC complains about spending money on upgrades, then...
Read More →10th June 2023, 3 years ago
Can you clarify what your current ownership structure is? From reading the post it appears as if you own a lease on one flat, and the other flat is now incorporated in the freehold of the building. Is that correct...
Read More →20th May 2023, 3 years ago
You know what’s coming. In 5 years time when Labour are in power and the PRS is in even more of a mess because of this, landlords will get the blame again. Rent caps will come in and even more...
Read More →20th May 2023, 3 years ago
I currently have policies with Lettingshub, Legal4landlords & Alan Boswell. All deal direct with landlords. I have had policies with Rentguard, Homelet, Van Mildert (now Rightmove) any many others in the past. My advice would always be to get the...
Read More →6th May 2023, 3 years ago
Editor - I’m concerned that by placing & highlighting Jonathan’s comment in the body of your article you may appear to be suggesting he is correct. If you go through the ICO self assessment page that the screen shot is...
Read More →Reply to comment left by John Clark at 01/04/2023 - 15:26
Reply to the comment left by John Clark at 01/04/2023 - 15:26Reputable agents have message or email auto responders with an emergency contact for various situations (boiler engineer, locksmith, electrician etc) I know other landlords who do this too if...
Read More →1st April 2023, 3 years ago
Typical responses on here from Landlords in different parts of the country saying ‘I could get that done for one shilling’! Are some of you seriously saying a tenant should drill out a lock themselves (and have a spare night...
Read More →25th February 2023, 3 years ago
The right solicitor and mortgage broker should be able to coordinate to create the new leases and draw down the money on the same day. Try and use a solicitor for the title split that is both experienced in this...
Read More →25th February 2023, 3 years ago
There are several lenders that will lend on a Multi Unit Freehold Block (MUFB). I would do some research yourself as well as speaking to a broker (I’ve found through the years that brokers actually mess up more than I...
Read More →14th January 2023, 3 years ago
I too have had BG Homecare cover for many years for a small London Portfolio (under 10 properties). I know people always say ‘save the money for a policy and self insure’, but I liked the security of knowing I...
Read More →26th November 2022, 3 years ago
They will need planning permission for a basement. If granted all your friend can do is ensure they have a very experienced party wall surveyor act for them (which will have to be paid for by the neighbour). The neighbour...
Read More →29th October 2022, 3 years ago
As others have said, you should check your signed T&C’s of the agent in detail. Without question the 1% should be refunded. Agents doing rent collection often make this mistake when the renewal commission reduces. As for charging for the...
Read More →Showing 20 of 85 comments