Mark Alexander

Registered with
Monday 17th January 2011

Online - founder of

Declarations Of Trust

Member of The Landlords Union

Trading Status

Insures properties through a broker recommended by Property118

Rating of Broker (1 - 5 where 5 is the highest)

Review of Broker
What I like best about Property118 Landlord Insurance is the price and efficiency at the point of renewal. I've only made two claims, one of which was for substantial fire damage. Both were handled very efficiently.

Latest Comments

Total Number of Property118 Comments: 10819

Mark Alexander

21:12 PM, 25th September 2018
About 8 hours ago

Declarations of Trust - Is Lender Consent Required?

Reply to the comment left by shpet at 25/09/2018 - 20:02
I have never come across a scenario where 100% of beneficial interest has been transferred to a spouse. However, assuming it is theoretically possible, upon remortgaging the new mortgage application would need to be in the spouses name.

Far more common is for a property to be legally owned by one person who transfers a proportion of beneficial ownership to a spouse or another person. In this scenario, any remortgage application would be name in the names of the joint owners and the legal ownership of the property would need to be conveyed into the names of the joint owners on completion of the remortgage.

In regards to the second part of your question, HMRC has Transfer of Income Streams Rules to "look through" transfers of income streams where there is no transfer of the underlying asset. In such a scenario HMRC are entitled to tax the legal owner.

I have to say that both scenario's you have outlined are extremely strange. What is it that you are looking to achieve?... Read More

Mark Alexander

16:13 PM, 25th September 2018
About 13 hours ago

Mark Alexander

23:17 PM, 24th September 2018
About A day ago

Leaving agent that is a late payer

Reply to the comment left by Chris Daniel at 24/09/2018 - 20:12
Rent collection, inventories, deposit protection, dealing with utility change overs, check in, check out, periodic inspections, 24/7 call centre and outsourcing of other compliance matters to name but a few.

Oh, I forgot referencing and organising RHI and legal fees Protection.

I live around 1,800 miles from my properties but do a great job for me too.... Read More

Mark Alexander

12:56 PM, 24th September 2018
About 2 days ago

Vision for an independent organisation to represent UK landlords

Reply to the comment left by John Frith at 24/09/2018 - 12:50
I agree, but the rivalry between NLA and RLA is the stumbling point. We are happy to work with all landlords groups. However, they are all fearful and see us as their competitors.... Read More

Mark Alexander

8:35 AM, 24th September 2018
About 2 days ago

Vision for an independent organisation to represent UK landlords

Reply to the comment left by Laura Delow at 24/09/2018 - 08:12
It exists but to use it as an analogy it’s a mosquito and we have lost the will to grow it into something bigger. We tried and failed and have moved on.

The mosquito has not been squashed though and does cause much annoyance in some people’s bedrooms at night. The West Brom Directors bedrooms being the classic example and a couple of rogue letting agents who have seen to try to double cross our members.

We don’t know how to grow it into a fire breathing legislation eating dragon though, and we are tired and weary trying to do so.

We need a fresh approach.... Read More