Shining Wit, Author at Property118

Shining Wit

OK, so... Does anyone actually know what information has to be submitted? Is it ‘just’ an aggregated summary (every quarter) using the same ‘boxes’ as on the current self-assessment tax return, or is it the ownership-specific proportion of each and...

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Does anyone actually know what information has to be submitted? Is it 'just' an aggregated summary (every quarter) using the same 'boxes' as on the current self-assessment tax return, or is it the ownership-specific proportion of each and every transaction...

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Reply to the comment left by Neil Patterson at 06/08/2025 - 09:16I don't believe the question relates to Ground Rent. Post Grenfell, 'they' discovered that many LH buildings (ie building owned by freeholders, but with flats "sold off" as LH...

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Reply to the comment left by Cider Drinker at 30/07/2025 - 08:56Section 21 is also often the first (of many) steps in the process of being able to re-let a property to a new (set of) tenant(s) - thus playing...

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Welcome to the world of the Cladding Scandal. Ever since Grenfell, the scale of the problem has become ever more apparent. The government solution is to fund some cladding works, in some flat types, for some leaseholders. As the saying...

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I've often wondered if the way to help to reduce the homelessness crisis would be to speed up the court process. That way, properties currently 'blocked' in the legal system would be 'freed-up' to be let out to prospective renters...

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No hot water or heating, help!

4th March 2024, 2 years ago

Our Leasehold system at its very best. The (BTL) LH LL is at the mercy of the FH (and/or Managing Agent) - and gets to pay (literally) what they do or, in this case, do not do. Before installing a...

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Reply to the comment left by Cider Drinker at 01/03/2024 - 08:15The fact that seems to have been forgotten (or ignored): When a family is evicted, a property becomes available for another family. Consequently, longer eviction processes will definitely not...

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Reply to the comment left by Judith Wordsworth at 05/01/2024 - 20:59OP explained the situation: Daughter, a First Time Buyer is looking to buy a property. They (collectively) have no experience of leasehold properties - but have heard lots of...

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Nasty surprises with leasehold charges?

4th January 2024, 2 years ago

There is a reason why you have heard a lot of horror stories about leasehold. Be very careful. Better still: walk away and look for a freehold property - at least then, you'll have some say on how to address...

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So, despite recognition of the problem (by people who are actively involved, and therefore quite knowledgeable): “Due to the nature of the issues we are dealing with, drawing up evidence is extremely time consuming and complicated, which is why we...

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Reply to the comment left by Frank Jennings at 30/11/2023 - 10:17What a sensible suggestion: Maybe the council would do better, by employing experts who could solve the damp/mould problems and then charge the LL with a fee, once the...

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Is £250 ground rent increase an issue?

29th November 2023, 2 years ago

Be aware, the bit about capping GR - possibly even with a zero cap - applies to houses (if it gets enacted) There might be something for NEW leasehold flats in the bill. There might - but probably will NOT...

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Typically, having regained their property, most BTL landlords will want to re-let it. If 'kicking tenants out' (by following the legal, court-approved, S21 process) is causing homelessness, isn't re-letting the same property to new tenants helping to solve the homelessness...

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There has been a 'cost of living crisis' recently - with headline inflation running at over 10%. The Bank of England Base Rate has been increased by even more (0.1% to 5.25%) which has had an even bigger impact on...

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Government to end council tax on HMO rooms

30th October 2023, 2 years ago

If this transfers the CT liability from the T to the LL, then rents will need rise to compensate - obviously the T should get the overall saving (assuming there is one). Will LL be allowed to increase rents WHEN...

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It is what we have all been saying for some time.... I am a landlord, so I do declare an interest. But I have got an in-depth knowledge of how the market functions. Not only is this very bad for...

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Escalating Ground Rents, of course, pale in to insignificance if you have "cladding" or other (Build-Time) fire safety issues. Then you can't remortgage or sell - and you probably won't be able to rent either. Please don't believe the government...

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Of course, if you are a leaseholder, with 3 or more BTL properties, you (and your leases) will be non-qualifying for protections under the Building Safety Act. In that situation, you have a zero-valued flat AND a liability for safety...

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Hi Suzy, Thank-you for your post. With a couple of exceptions, the Property118 members haven't been that interested in the Cladding Scandal. Over the last few years, there have been a number of articles/comments related to Building Safety and Leasehold...

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Shining Wit

Shining Wit


Registered with Property118.com

3rd November 2013

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