Readers Question

Buying land to extend garden – is there a way to avoid stamp duty?

Author: Readers Question

4th May 2017, 9 years ago | 17

We are in the process of buying a small plot of land to the rear of our garden with a...

property118

Bad Tenants Register for irresponsible lifestyles?

Author: Readers Question

4th May 2017, 9 years ago | 22

Having been in the rental business for nearly 20 years, I have had my fair share of bad tenants, leaving...

Thailand refurb tax deductable ?

Author: Readers Question

3rd May 2017, 9 years ago | 6

I am an established U.K. landlord (not Ltd / incorporated) If I bought a property in Thailand to “refurbish” to...

Are Council mandated improvements deductible from income or a capital expense?

Author: Readers Question

3rd May 2017, 9 years ago | 6

Following a change in regulations in January 2017, my Council have insisted that I upgrade a fire alarm in my...

Environmental Health – May I need to find alternative accommodation for my tenant?

Author: Readers Question

2nd May 2017, 9 years ago | 4

My relationship with a tenant seems to have broken down. They have called Environmental Health to inspect the property. I...

Section 21 and conflicting Government policies

Author: Readers Question

2nd May 2017, 9 years ago | 5

I have served a section 21 notice to tenants giving 3 months notice. Reason for doing is B2L mortgage term...

Does anyone know about tax investigations insurance cover?

Author: Readers Question

2nd May 2017, 9 years ago | 6

Am a small landlord and with all these tax changes coming into play. Its best to play it safe and...

What is next on top of everything else for Landlords in Wales?

Author: Readers Question

30th April 2017, 9 years ago | 5

I have watched with extreme interest, with many others I am sure, the developing catastrophe for some landlords due to...

Back to Back Letting for personal use tax question?

Author: Readers Question

30th April 2017, 9 years ago | 7

My conundrum is that we need to rent a new property so we plan to rent our existing personal property...

property118

Setting up a company to manage my own properties – is it worth it ?

Author: Readers Question

30th April 2017, 9 years ago | 28

I have 6 properties, some jointly owned with my wife, a couple with my sister. I do most of the...

How to use CGT allowance when you don’t sell your properties?

Author: Readers Question

28th April 2017, 9 years ago | 9

I have never used my CGT allowance as I thought you needed to sell a property to use it. Someone...

Unethical property management practices

Author: Readers Question

28th April 2017, 9 years ago | 2

I am a landlord renting a property and was going to enter into a two-year tenancy agreement with a property...

Letting Agent changes terms and conditions?

Author: Readers Question

27th April 2017, 9 years ago | 6

My letting agency has recently advised me of changes to their terms and conditions in which they are increasing their...

property118

Rent Controls likely in Edinburgh!

Author: Readers Question

27th April 2017, 9 years ago | 9

Shelter Scotland and the Green Party are now calling for Rent Controls to be introduced in Edinburgh. The Scottish Government...

Stamp Duty planning for purchasing partners plot?

Author: Readers Question

26th April 2017, 9 years ago | 2

My partner (not married) owns a bungalow (principle residence). She has obtained planning permission for the demolition of the bungalow...

property118

Is there Stamp duty to consider if I use a Declaration of Trust?

Author: Readers Question

26th April 2017, 9 years ago | 3

I have a buy to let property which is solely in my name and the mortgage outstanding amount is £125,200....

property118

Transfer of unencumbered property from partnership to a Ltd Co?

Author: Readers Question

24th April 2017, 9 years ago | 6

I have done a fair bit of research on what taxes would be liable on the transfer/gifting of an unmortgaged...

“Value” text representing property investment and renovation worth

Boiler replacement costs – reasonable or not?

Author: Readers Question

24th April 2017, 9 years ago | 13

Property based in Essex. C09 postcode Rip out existing condensing combi boiler and replace. Boiler is being fitted back in...

Worried Landlord now no win no fee solicitor is involved

Author: Readers Question

24th April 2017, 9 years ago | 20

I am a landlord with an existing tenancy having come to an end. Since the tenant moved out, we have...

property118

SDLT on transfer of mortgaged property to spouse?

Author: Readers Question

24th April 2017, 9 years ago | 2

Summary: Is SDLT always due on a transfer of part of a mortgaged property to a spouse, even if the...

Tenants in Common, Declaration of Trust and Form 17?

Author: Readers Question

24th April 2017, 9 years ago | 7

Prior to the 2nd April 2017, my brother, his wife, my wife and I owned a rental property as tenants...