Rob Thomas

Registered with Property118.com
Wednesday 23rd August 2017

Trading Status
Company

Providing essential rental accommodation since
1989

Number of rental properties owned
6 - 10

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 44

Rob Thomas

4 weeks ago
New Freeholder demanding back fees for renting?

Reply to the comment left by Puzzler at 24/05/2018 - 13:08
I don't know when the freehold was sold, but it's a good point and I will try to find out when the new freeholder took over.... Read More

Rob Thomas

4 weeks ago
New Freeholder demanding back fees for renting?

Reply to the comment left by Ross McColl at 23/05/2018 - 08:13
Thank you Ross

I've looked at the leasehold advisory service website and there's some relevant information on there.... Read More

Rob Thomas

A month ago
New Freeholder demanding back fees for renting?

Reply to the comment left by Mark Weedon at 21/05/2018 - 10:33
Hi Mark

Thank you. That sounds like a reasonable approach. They are not even asking to see the tenancy agreement so their only admin cost is cashing the cheque!... Read More

Rob Thomas

2 months ago
Section 24 Tax Reforms

Reply to the comment left by Mark Alexander at 03/05/2018 - 15:31
Thanks Mark. Have reposted the comments as you requested. Let's hope the billboard campaign raises the profile of our message.... Read More

Rob Thomas

2 months ago
Section 24 Tax Reforms

Dr Ros's report is indeed outstanding.

Residential rented property held directly by individuals is now uniquely heavily taxed. You pay 3% tax on purchase, a higher rate of capital gains tax and tax on mortgage interest.

When you add in the very generous tax breaks available on other investments, such as ISAs and pension funds, there is now an extraordinarily unlevel playing field.

There is also an extraordinarily unlevel tax treatment between owner-occupiers and landlords. Owner-occupiers pay no capital gains tax and no income tax on their 'imputed' rent (i.e. the rental value of their home), this tax having been abolished in 1963. The government's argument that the removal of landlords' interest deduction was levelling the playing field with owner-occupiers because they receive no mortgage interest tax relief is therefore entirely spurious as homeowners are not paying the corresponding income tax.... Read More