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This Legal Advice section of our website provides links to some of the best legal minds and services available to landlords and associated professionals in the UK.
HMRC charge tax on the beneficial ownership of rental profit and capital growth from rental properties, HOWEVER, mortgage lenders take their security against legal ownership. It has been possible to split legal and beneficial ownership of property since the days of the Christian Crusades.
Personalised Advice on Evicting Tenants
The risks associated with illegal eviction, missed rent payments and possible damage to your property if tenant eviction is badly handled are significantly reduced by paying for professional advice or services.
More advice is available from our sponsors who provide a variety of services in relation to evicting tenants and general advice on tenant eviction and recovery of debt.
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Mark Smith (Barrister-At-Law) is hon. Legal Counsel to Property118 Action Group “The Landlords Union” and Head of Chambers at Cotswold Barristers.
He is responsible for recovering £27,500,000 of overcharged mortgage interest plus compensation and 100% of legal costs for landlords from West Bromwich Mortgage Company acting for Mark Alexander (founder of Property118) as representative of Property118 Action Group.
If you operate a “Guaranteed Rent” business model (AKA “Rent to Rent”) or you are an owner of a property which you are looking to let on this basis and would like to purchase a professionally drafted lease to offer to property owners then look no further.
UPDATED – 28th May 2019 – this is still as valid today as it was when first published on 21st August 2014.
I have just helped my brother to draft a Surrender of Tenancy Agreement, you can download a copy at the foot of this article
Around 200 landlords and agents have purchased the legal template document for Deed of Assurance and many have said it has been a “game-changer”.
I try to promote it from time to time on Property118 but what I really need is for Government and tenant lobbying groups to get behind raising awareness of it too.
Sometimes having a CCJ just isn’t enough, you may still be one step away from your goal of recovering your unpaid rent.
For those of you who don’t know me, I am the CEO of The Sheriffs Office
Our Track Record
In 2013 we formed Property118 Action Group when the West Bromwich Mortgage Company increased their lifetime tracker mortgage margins by 2%.
We raised over £600,000 via Crowdfunding to take legal action and eventually won our case in the Court of Appeal in June 2016.
We recovered £27,500,000 of illegally overcharged mortgage interest for landlords and 100% of legal costs.
Throughout the case the mortgage lender had constantly made veiled threats to call in loans with 30 days’ notice. The Appeal Judges also ruled that a mortgage lender cannot simply call in mortgages before the term unless a borrower is in default. This is now case law.
Property118 Action Group re-branded as The Landlords Union in 2016 and helps thousands of landlords to resolve legal and other problems every year.
Enhance your Property118 membership status
A growing number of landlords contribute monthly to The Landlords Union “TLU” helping to fund research, campaign work and lobbying for landlords and businesses operating within the Private Rented Sector.
Landlords Union Objectives
- To research and encourage the sharing of best practice
- To raise standards from suppliers of products and services to the UK private rented sector.
- To increase awareness of the social and economic benefits of a healthy private rented sector in the UK.
- To ensure greater consideration is given to consequences of legislation affecting the UK private rented sector before it is implemented.
- To provide an effective deterrent to rogue operators preying on private housing providers, not only with a voice but also with teeth in terms of legal capability and the contacts and funding necessary to back it.
As landlords and associated professionals we must unite. We must respond to increasing legislative demands, fight injustices and encourage the media to balance their generally negative reporting towards landlords and the PRS.
We are vital providers of housing, supporting the mobility of workers and people who are unable or unwilling to take on debt to own their own homes. We trust you will agree that more work needs to be done for the general population to have these facts at ‘front-of-mind’ when thinking about private housing providers.
We also have a second tier of membership called “Lifetime Membership”. This is particularly attractive to landlords who wish to benefit directly from representative action legal campaigns being undertaken by TLU. The most prolific representative action to date was against The West Bromwich Mortgage Company. Under the banner of “Property118 Action Group” we successfully recovered £27,500,000 of overcharged tracker mortgage interest on behalf of UK landlords.