Like Homemaker I am also confused as I have just read the article by Sean Hughes and see no criticism of other advisors or their schemes - have I misread it? He gives 2 tips - make sure you do...
Another lazy landlord who can't be bothered to learn but is happy with what the 99 quid provides by being a NRLA member!! Using their resources and advice I do it all myself from tenant vetting through to using bailiffs...
Graham Sorry about some of the responses you have received. Not all landlords are patronising and condescending so hopefully I can add some advice. I doubt the tenant will allow access as he may think no gas safety cert may...
Im a full time LL and have been 20 years plus now and reading people's comments about your situation sheds a lot of light as to why we are such a vilified profession. Your tenant died and most of the...
I have been invested in Manchester for some time and had to apply for over 20 licences when they introduced selective licencing for a large area (Gorton). The licences were for 5 years and when they expired in 2012 the...
Neil's advice is ask a good accountant - Mark A is not an accountant! Like many say those costs are NOT capital costs but normal pre trading costs that can be expensed. You could create a loss in the first...
Thanks for the advice. The tenant wasn't on benefits as was full time working and I doubt she will start applying for benefits from her cell!! She will clock 2 months' arrears in 4 weeks' time so I undertand my...
Mark - I've 6 MX loans and all say after the fix period they are on 'Buy-to-Let Variable Rate' BUT I cannot find this defined anywhere in the paperwork that I have. You seem adament that these reversion rates are...
I did take advice and found out that because the ground floor has a retail unit on it then that pretty much ends the opportunity of setting up a RTM company - they are not actually involved in the managament...
Please can you explain the benefit to me of asking for my submitted form back and filling in a new one? one form is bad enough so not really tempted by doing it again!!
Reply to the comment left by "andrew sheppard" at "28/03/2015 - 09:57": if you have no mortgages on them why not sell them to the limited company? Instead of paying you the Company owes you the money via a directors...
To make it acceptable to HMRC the rent you are charging the LTD company should cover the mortgage you are paying - that makes it a commercial arrangement. You are doing it to protect yourselves but it can be used...
Neil - would it be possible to send me a copy of these letters that are working for getting the LA to talk to us as I get very little joy out of Manchester and Salford councils - my thanks...
Paperwork done and cheque in post tomorrow for 1 mortgage. Are we supposed to receive any reply/acknowledgement from Law Dept after we have requested our £150 back?
Thanks - I can find the emails from the law dept that we have received but cant find the confirmation email you refer to get into the secure forum - I'll have to request it from Law Dept again. Jon
Mark or anyone I am a paid up member of the WB action and have accessed the secure forum once when I set up my password etc but not since and now cannot find my way back there - please...
30th March 2025, 1 year ago
Like Homemaker I am also confused as I have just read the article by Sean Hughes and see no criticism of other advisors or their schemes - have I misread it? He gives 2 tips - make sure you do...
Read More →18th November 2024, 1 year ago
Another lazy landlord who can't be bothered to learn but is happy with what the 99 quid provides by being a NRLA member!! Using their resources and advice I do it all myself from tenant vetting through to using bailiffs...
Read More →Reply to comment left by Steve Fowkes at 07/05/2024 - 11:07
It's people like you that give us LLs a bad rep - I assume you knew it all right from day 1.
Read More →4th December 2023, 2 years ago
Graham Sorry about some of the responses you have received. Not all landlords are patronising and condescending so hopefully I can add some advice. I doubt the tenant will allow access as he may think no gas safety cert may...
Read More →9th October 2023, 3 years ago
Im a full time LL and have been 20 years plus now and reading people's comments about your situation sheds a lot of light as to why we are such a vilified profession. Your tenant died and most of the...
Read More →9th March 2021, 5 years ago
I have been invested in Manchester for some time and had to apply for over 20 licences when they introduced selective licencing for a large area (Gorton). The licences were for 5 years and when they expired in 2012 the...
Read More →14th November 2020, 5 years ago
Neil's advice is ask a good accountant - Mark A is not an accountant! Like many say those costs are NOT capital costs but normal pre trading costs that can be expensed. You could create a loss in the first...
Read More →27th March 2018, 8 years ago
Why do you need a rent to rent template? Why not use a normal AST as provided by say NLA or RLA and have a clause allowing sub letting?
Read More →15th March 2018, 8 years ago
Thanks for the advice. The tenant wasn't on benefits as was full time working and I doubt she will start applying for benefits from her cell!! She will clock 2 months' arrears in 4 weeks' time so I undertand my...
Read More →13th February 2018, 8 years ago
Mark - I've 6 MX loans and all say after the fix period they are on 'Buy-to-Let Variable Rate' BUT I cannot find this defined anywhere in the paperwork that I have. You seem adament that these reversion rates are...
Read More →2nd February 2017, 9 years ago
I did take advice and found out that because the ground floor has a retail unit on it then that pretty much ends the opportunity of setting up a RTM company - they are not actually involved in the managament...
Read More →6th June 2016, 10 years ago
Please can you explain the benefit to me of asking for my submitted form back and filling in a new one? one form is bad enough so not really tempted by doing it again!!
Read More →28th July 2015, 11 years ago
How do we email George Osborne or The Treasury please - I have a labour MP who would only relish my grievance so no point writing to him. Thanks
Read More →12th May 2015, 11 years ago
Many thanks Nick that's just what I was looking for. Cheers. Jon
Read More →Reply to comment left by andrew sheppard at 28/03/2015 - 09:57
Reply to the comment left by "andrew sheppard" at "28/03/2015 - 09:57": if you have no mortgages on them why not sell them to the limited company? Instead of paying you the Company owes you the money via a directors...
Read More →28th March 2015, 11 years ago
To make it acceptable to HMRC the rent you are charging the LTD company should cover the mortgage you are paying - that makes it a commercial arrangement. You are doing it to protect yourselves but it can be used...
Read More →19th July 2014, 12 years ago
Neil - would it be possible to send me a copy of these letters that are working for getting the LA to talk to us as I get very little joy out of Manchester and Salford councils - my thanks...
Read More →6th March 2014, 12 years ago
Paperwork done and cheque in post tomorrow for 1 mortgage. Are we supposed to receive any reply/acknowledgement from Law Dept after we have requested our £150 back?
Read More →16th February 2014, 12 years ago
Thanks - I can find the emails from the law dept that we have received but cant find the confirmation email you refer to get into the secure forum - I'll have to request it from Law Dept again. Jon
Read More →16th February 2014, 12 years ago
Mark or anyone I am a paid up member of the WB action and have accessed the secure forum once when I set up my password etc but not since and now cannot find my way back there - please...
Read More →Showing 20 of 28 comments