Si BB, Author at Property118

Si BB

Reply to the comment left by Ian Narbeth at 12:21 Charnwood have demand vs require in the HMO and Selective licence conditions for references – They originally had required, but then feedback was given that pointed out the 2004 Housing...

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Charnwood used a consultancy firm to produce the licencing terms - They were doing HMO and the Selective licencing at the same time... This is why the Selective licencing and HMO licencing have almost the same terms. They DID have...

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Hmm - I think part of this is incorrect -> The UK Government website about these changes is here -> https://www.gov.uk/government/publications/changes-to-tax-rates-for-property-savings-dividend-income/changes-to-tax-rates-for-property-savings-dividend-income This link details the new tax rates for Interest, Property and Dividends. In this, the "Finance cost relief" is...

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No it's simple - most BTL deals do not stack up unless the purchase is made with a Ltd Co. S24 has caused so much damage....

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Even if landlords do not sell, the tenant demand is increasing due to immigration demand. Add in a 10% early 20's population bump appearing towards the end of this decade/start of next and rents can only go one way... The...

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An item that is missing in this article re the bill is that the Scottish government will receive any unclaimed deposits that have not been claimed within 5 years! Wow - that is a lot of money!!!

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So I have 3 main thoughts about this bill: 1) If a tenant is going to be made homeless as they have not paid their rent - this bill prevents that? I.e. housing for free. I suspect that will not...

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Just to be clear - Agreed = majority voted on at committee and therefore added to the bill. (Notably all Labour/SNP changes were rejected by vote at committee). There were a LOT of adjustments made at the committee stage -...

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The changes for this was agreed at the Committee stage -> https://bills.parliament.uk/bills/3462/stages/17981/amendments?searchTerm=student&Decision=Agreed See here for the search.

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Reply to the comment left by Si BB at 22/01/2024 - 10:37Right, that was a 5 minute excursion to refresh my memory. The 2021 Act changes the 2005 FSO to cover multiple "domestic premises" (2 or more). - So living...

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Can you show me where it says this in the act? I've read it (and the 2005 Fire Safety act) and I don't see this. From my recollection, it inherits the single dwelling exclusion from the 2005 FSO act. -...

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I disagree with Portsmouth City Council - a single AST covering the WHOLE dwelling for x numbers of tenants IS a single dwelling. How can you have multiple dwellings under this scenario? This is why the "The Licensing and Management...

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Reply to the comment left by Si BB at 14/11/2022 - 17:50So just to clarify (for a sample £1K deposit): Deposit protected correctly = no fine to pay. Deposit protected late for a £1K deposit -> pay back 100% of...

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Unprotected deposit claim – 6 year rule?

14th November 2022, 4 years ago

I consider the 6 years rule to be active from the closure of the rental contract (i.e. it looks likely the LL is on the hook for the fine - assuming the deposit was not protected). If the deposit was...

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Sorry -> There are two scenarios where landlords will get their properties back -> brown envelopes and thugs....

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To all Scottish landlords -> the stuff really hits the fans once the tribunal blocks a ***lender*** getting their property back. Once a "discretionary" decision goes against a lender (or the church) to regain possession of a property, then it...

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EPC – Improvement advice for 2025 please?

19th January 2022, 4 years ago

EPC -> For pre 1950's, EPC D is easily achievable > - LED bulbs - A decent GAS boiler (the new ones are better than stuff from 3 years ago!) - go combi if you can and ditch the hot...

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Can I ask what kind of tenants? Students? This has relevance due to a Supreme Court decision a few years ago re HMO room sizes.

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It's the control if your debit card gets nicked or your bank account gets hacked. - So we have no debit cards for the offset accounts and can only pay ad-hoc bills via another account.

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Agreed - we moved from our long standing OneAccount 2 years ago to a Barclays offset. OneAccount is now gone (sadly). Not sure I see the benefits of a BTL offset - this only makes sense if your primary home...

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Si BB

Si BB


Registered with Property118.com

30th December 2021

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