UK Property Forum for Buy to Let Landlords

I want to sublet properties to Airbnb with landlord’s permission?

23/06/2017

Hi guys I am moving to London in August. In Ireland I sublet a number of properties on air bnb, all with the landlord permission and I take full responsibility and pay for all insurance that is required on my behalf. I also pay for any upkeep that is required on the properties.The landlord benefit… Read more


The scandal of Local Authority housing

23/06/2017

Readers of Property 118 will recall my previous article about the terrible tragedy of Grenfell. I pointed out that the reason Tenants in Local Authority Housing suffer inferior conditions to those in the PRS, stems from the Housing act 2004 and the exemption from licensing for Local authorities. Grenfell shows us that the act needs… Read more


Stamp duty liability on primary residence for unmarried couple about to separate

22/06/2017

I am a landlord and I have been living with my partner in the same jointly owned property for 13 years. We are now separating and she is happy for me to take over the property as I have been paying for it for the past 13 years anyway. My current mortgage lender has done… Read more


Is this conspiracy to commit fraud?

22/06/2017

I used a sourcing company to source me a newbuild flat. I was given assurances by the sourcing company that the property would be “mortgagable” before I exchanged contracts. The properties have now been built, however, we have been unable to obtain finance. We have used the in-house mortgage broker, as recommended by the sourcing… Read more


Rental deposits to be capped at one month’s rent

22/06/2017

Responding to the announcement in the Queen’s Speech to cap tenancy deposits to no more than one month’s rent, Richard Lambert, CEO at the National Landlords Association (NLA) said: “The decision to cap tenancy deposits at no more than one month’s rent smacks of a political gesture from a government desperate to court the voters… Read more


TPO annual report shows awards instructed by agents to pay exceeded £1 million for the first time

22/06/2017

Today (3.30pm), at the House of Lords, The Property Ombudsman (TPO) launches its latest annual report, which reveals an increase in the number of formal complaints resolved by the scheme and a record total of compensatory awards paid by agents. Property Ombudsman, Katrine Sporle, will announce that the overall number of awards TPO instructed agents… Read more


Iain Duncan Smith Has Spoken Out For Landlords

Iain Duncan Smith Has Spoken Out For Landlords

21/06/2017

On Sunday 18th June 2017, Iain Duncan Smith was quoted by the Sunday Telegraph as saying …. “Finally, it is time to look again at the way we treat private landlords who buy houses to rent. George Osborne’s decisions to impose a stamp duty levy on the purchase of homes to rent, to restrict mortgage… Read more


Call from 60 year old deceased tenant’s ex-partner?

21/06/2017

I received a call from someone saying they were my long-standing 60 year old tenant’s ex-partner. She told me that, since he died in his sleep a week ago, she and his daughter have nearly finished clearing the flat and are just about ready to hand back the keys. From our brief discussion and her… Read more


Letter – why S24 loan interest relief restrictions force sale

21/06/2017

I need to give my tenant notice to quit and sell my property so that I am not affected by the S24 loan interest relief restrictions. Does anyone have a letter they would be willing to share which they’ve used to explain to a tenant why selling his home has become necessary (especially one which… Read more


Happy Tax Day

21/06/2017

Hope you like the animation! Is this how you feel landlords are being treated? Maybe our eBooks can help. Landlord Tax Planning Strategies eBook Setting Up A Property Partnership Guide To Incorporation For Private Landlords Landlord Tax Planning Presentation in PowerPoint and Printable PDF formats Landlord Tax Planning Analysis Software


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