SimonP SimonP, Author at Property118

SimonP SimonP

Reply to the comment left by Yvonne Francis at 09/11/2020 - 13:12Does a lodger have the same rights as a tenant? One assumes there is no AST?

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Income tax: renting out a property at less than market value means that expenses claimed are limited to the amount of rent received. In other words, nil profit/nil loss. In this instance since there is no rent charged then no...

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I thought the new electrical requirements had been put on hold as they were deemed to be lacking in proper information. Have I missed something?

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Reply to the comment left by Graham Bowcock at 10/07/2020 - 13:58Thank you for the information, Graham. I was under the impression that the government had set a limit of 5 years for ASTs but my friend, Mr. Google, confirms...

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You may well be right Puzzler but I gave up long ago trying to second guess what people really meant when they post messages. If they cannot correctly articulate all the facts, then they'll not get advice appropriate to their...

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There is an awful lot seemingly missing here: it doesn't make sense. I mean firstly how was the poster made aware that the husband had gone "berserk"? Is this a separate house or is everyone under the same roof? Secondly,...

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"DO NOT ACCEPT YOU ARE UNDER criminal investigation". Surely there should be a full stop in there? DO NOT ACCEPT. YOU ARE UNDER criminal investigation. Same words but with two different meanings. And the capital letters now look out of...

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Use of carried forward company losses

25th April 2020, 6 years ago

Or perhaps you could sell the company for someone else to utilise the losses?

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Discount Insurance! My cover expires on 5 April 2020 and only after I sent them an urgent reminder did they bother to send me renewal information . . . 5 days before the policy expires. And guess what. They increased...

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Reply to the comment left by Rob Thomas at 27/03/2020 - 15:11I have just had a tenant leave and there is absolutely no way I will be able to find a new tenant for weeks, if not months, because of...

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I totally agree . . . Empty-Property council tax should be scrapped for the duration of this pandemic.

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Reply to the comment left by Janet Carnochan at 18/03/2020 - 09:28Mortgage holiday doesn't apply to BTL mortgages. Shafted yet again.

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I decided to go Ltd Company route?

4th March 2020, 6 years ago

Slightly off-topic but if one wanted to form an FIC (Family Investment Company) are there any people or companies within your network that you could recommend, please? Thanks.

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Far quicker directing the poster to the HMRC Help Sheet which explains everything in detail. The criteria are plainly laid out; access to bedroom and bathroom is irrelevant and probably said tongue in cheek. https://www.gov.uk/government/publications/rent-a-room-for-traders-hs223-self-assessment-helpsheet/hs223-rent-a-room-scheme-2019

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Is John HealeyHealey really his name?

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Very interesting. So does that mean employers no longer have to ensure that prospective employees are legally allowed to work in this country before offering them a job?

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There's no story here. Don't see what all the fuss is about.

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I stopped reading and started skimming after the first hour. My eyes were getting tired and my brain hurt. Sorry, Heather, but if this is a real letter it needed to be much much shorter. All the detailed stuff needs...

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SimonP SimonP

SimonP SimonP


Registered with Property118.com

26th December 2014

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