Mark 's Articles

Welcome to the landlords blog of Mark Alexander, founder of Property118.com. Here I share my experiences as a landlord since 1989 and updates on my goal to create “The Best Property Website Ever”. I also review products and services used by my fellow landlords.

“Live Long and Prosper”


Property Tech Company Raises A Further £8 million of Venture Capital

Property Tech Company Raises A Further £8 million of Venture Capital

22/03/2017

It has been reported that the founder of GoCardless (the direct debit service used by many landlords and letting agents) has raised a further £8 million to fund his latest property tech business. I have taken a quick look at the website and it appears to be a property based hybrid of WeBuyAnyCar and a traditional estate agency…. Read more

Private Bridging Loan and Joint Venture Financiers

Private Bridging Loan and Joint Venture Financiers

20/03/2017

Kensington Finance Group “KFG” consider financing all types of deals including JV’s and lending on any type of assets including; property, high value motor vehicles, art, gold etc. KFG provides funding support from £250,000. They are a family business which uses its ‘own funds’ in order to lend/invest and therefore has the in-house capacity to fund, underwrite… Read more

Fractional Ownership Of Supercars, Luxury Motor Yachts and Holiday Apartments

Fractional Ownership Of Supercars, Luxury Motor Yachts and Holiday Apartments

Most people dream about owning a luxury motor yacht, one or more supercars or a swanky holiday apartment at some point in their lives. However,  very few ever actually manage to turn their dreams into reality. Perhaps this is because of the capital cost or the fact that when they crunch the numbers it just… Read more

Property Management Transfers – Total Satisfaction Guarantee

Property Management Transfers – Total Satisfaction Guarantee

17/03/2017

LettingSupermarket.com have come up with a innovative new way to persuade landlords to switch their management to them. The deal is; if you swap to them, and for any reason you’re not entirely happy, you can leave within three months and have a full refund of all fees paid. They also say that you can leave… Read more

Mixed Partnerships Landlord Taxation Strategy

Mixed Partnerships Landlord Taxation Strategy

The mixed partnership structure is often a good fit for landlords who are already paying higher rate tax or are pushed into the higher rate tax bands by restrictions on finance cost relief. The mixed partnership structure is equally applicable to individual landlords as it is to joint borrowers and existing partnerships. As a rule… Read more

How good are your accountants at tax planning?

How good are your accountants at tax planning?

03/03/2017

I am constantly amazed at the poor service most accountants provide in terms of tax planning.  I’m generalising of course, but my experience is that around 90% of accountants simply accept the status quo and report information to HMRC on the basis it is presented to them. For example, my consultations often reveal that accountants have… Read more

Property Networking Meetups

Property Networking Meetups

We would like to know which property networking meetups are attended by Property118 readers. If you attend any such events on a regular basis please tell us about them in the comments section below. How many people typically attend? What are the benefits of attendance? We are happy for you to add website details for… Read more

Three-Dimensional Tax Planning With IHT Benefits

Three-Dimensional Tax Planning With IHT Benefits

02/03/2017

This is a case study of how a couple with two daughters changed the structure of their property business to fund their girls’ through University tax free, and which changed their lives forever. An inspiring case study based on a true story. Mr & Mrs Smith own their property portfolio jointly and each account for… Read more

Landlord Events – Free Promotion

Landlord Events – Free Promotion

27/02/2017

We are seriously looking into adding an events calendar to Property118 and want to trial this before investing too heavily into additional software. Message To Landlord Event Organisers If you host landlord events and want to reach more landlords there is no better online exposure available than via Property118. Just look at our growth of unique… Read more

Letting Agent Jailed for Fraud “Abuse of Position”

Letting Agent Jailed for Fraud “Abuse of Position”

Mark Procter, director of Kirby Property in Cambourne, Cambridgeshire, was sentenced to three years and four months for fraud at Cambridge Crown Court on Friday. Procter gradually siphoned off tenants’ £140,000 of tenants deposits throughout 2014 and 2015 to pay for divorce proceedings and luxury holidays, the court heard. Since the case it has been… Read more

Sole Ownership Becomes Bad For Tax Purposes

Sole Ownership Becomes Bad For Tax Purposes

22/02/2017

As of April 6th 2017, sole ownership of rental properties with buy-to-let mortgages will become less attractive than it ever was before.  This is because jointly owned property owners can form partnerships and distribute profits in the most effective manner, e.g. using the full nil rate tax band and basic rate tax bands of all… Read more

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