Richard Arko-Adjei, Author at Property118

Richard Arko-Adjei

If the goal is true tax equality, all income should be taxed relative to the turnover of the sourcing organisation, apportioned by employee count or salary percentage. This would put every taxpayer on a level playing field. Of course, no...

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Yes, that would align with the same logic that the Institute of Fiscal Studies came up with. Landlords, like any business, would need at least a 5% return (risk-free interest rate) to make it worthwhile and equivalent to a passive...

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Countries around the world successfully build social housing that provides high-quality accommodation. Given the massive demand in the UK, governments and local authorities should treat this like any other business: borrowing capital backed by the future rental yields they can...

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Share of Freehold company in a real mess?

17th December 2025, 4 months ago

I suggest you begin by determining how many leaseholders are in agreement with you. Once aligned, you can coordinate action on their behalf and compile a combined list of grievances, all backed by solid documentation. Keep in mind that the...

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The current housing challenge is a crisis of feasibility for developers, not solely one of demand. This is driven by financial pressures, including high interest rates and soaring building costs, compounded by an onerous policy landscape. Local planning authorities, especially...

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Southwark Council, like many other local authorities, grants landlords a 21-day grace period following a warning letter to submit required licensing paperwork, often pausing any further action while the documents are completed. The fundamental issue with this, and much of...

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I think it's worth asking an independent expert for a valuation. The freeholder has to negotiate with you fairly and reasonably, just as you do with them (hence the need for an independent valuation). If they demand an unreasonable amount,...

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In regards to the licensing of her property, selective licensing is indeed new in the area, but it came into effect Nov 2023. Reeves put the property up for rent in July 2024. It's not rocket science, even as the...

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The local authority holds the power to impose a fine of up to £30,000. Furthermore, the lack of licensing means current or previous tenants could potentially receive a Rent Repayment Order, with possible amounts reaching £38,000. Given the complexity of...

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I recommend using a guarantor insurance company instead of an individual. This strategy helps mitigate the risk of avoidance, which can be similar when dealing with an individual guarantor as it is with the tenant. Regarding pets, if a tenant...

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Reply to the comment left by Ian Narbeth at 13/08/2025 - 11:48Yes, I agree it makes no sense to exclude individuals with real-world experience related to a political debate. If you're a doctor, it's deemed as a positive if you...

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I agree, I don't see a problem here. The landlord let the tenants know she's looking to sell and gave them four months' notice that she wouldn't be renewing their tenancy. She even offered a rolling contract, ensuring the property...

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A landlord can refuse pets if the superior landlord has a restriction in the lease that prohibits pets in any of the flats. This would be considered a reasonable basis for refusal in the upcoming Renters' Rights Bill. It would...

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Directors liability insurance?

27th June 2025, 10 months ago

I'd suggest you ring up insurance brokers yourself to get quotes for your building and directors' insurance. This will give you a clear idea of the costs involved. A common mistake is letting management agents handle these quotes. Since December...

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Badly maintained properties exist to varying degrees in both the private and social rental sectors. Failings in the social rental sector prompted Awaab’s Law; however, this has not been met with the significant financial penalties or negative public outrage seen...

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Reply to the comment left by Cider Drinker at 23/06/2025 - 10:02It's more likely that moral hazard and adverse selection are apparent in social housing. In the event of tenancy breaches, under the PRS and to manage risks, landlords will...

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Hi, If a landlord refuses to provide their insurance documents to the tenant when requested, it would be considered a breach of their statutory obligations under the Landlord and Tenant Act 1985 and the Consumer Rights Act 2015. If you...

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Richard Arko-Adjei

Richard Arko-Adjei


Registered with Property118.com

1st February 2023

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17