Penny Lyon

Registered with Property118.com
Tuesday 21st May 2019


Latest Comments

Total Number of Property118 Comments: 10

Penny Lyon

13:28 PM, 30th March 2021
About 3 weeks ago

Councils using 'Intelligence' to track down low EPC properties and fine £5,000

Reply to the comment left by TheSwan at 30/03/2021 - 12:39
The original article was about councils uncovering landlords who own properties with a rating of F and G. Not landlords who don't have an EPC. Clearly you have an exemption in law. Good for you as do a number of other people who own listed buildings and I'm sure Buckingham palace mentioned is one of them. The article to me is geared to claiming outrage that landlords who have F and G ratings uncovered and are letting properties, are being fined. The ones who legitimately are allowed exemptions will be able to prove it, so we are left with the chancers who get fined. Quite right.... Read More

Penny Lyon

12:24 PM, 30th March 2021
About 3 weeks ago

Councils using 'Intelligence' to track down low EPC properties and fine £5,000

Reply to the comment left by Luke P at 30/03/2021 - 12:09
You have to be hopeful your tenant stays with you then until 2025 as a periodic tenancy then because if you renew an existing tenancy you have to ensure e and above is reached straightaway. Yes and C by 2025. The original article suggested councils were investigating rentals of F and G for non compliance, but if landlords have exemptions, then they won't be fined. I'm not sympathetic with the landlords that are trying to 'get away' with it. Also as a landlord I think we should still try to raise the bar, it's not looking for ways we can avoid making improvements. If my property was a high D I would be proud to wear that badge and I'd be thinking that it wouldn't cost a lot to get to a C in 4 years time. Also tenants are becoming more interested in the energy rating of a property.... Read More

Penny Lyon

12:02 PM, 30th March 2021
About 3 weeks ago

Councils using 'Intelligence' to track down low EPC properties and fine £5,000

Why wouldnt a landlord ensure his property had the rating of E and above? If that's the required standard and there was plenty of notice to get this done. It's actually good for tenants and good to be a professional landlord and raise the bar as high as you can. There is no place for chancer landlords crying about this one, just because they get caught out.... Read More

Penny Lyon

10:48 AM, 27th October 2020
About 6 months ago

How do I transfer ownership of my rental house into my wife's name?

Hi I have just completed this same exercise with my husband. Our accountant recommended it for personal properties. Google form 17 and declaration of trust. its a simple and inexpensive process. I think you can even do it yourself. It allows you to nominate your % of beneficial interest. We have it split 90/10 and our tax is worked out on that basis. Hope this helps.... Read More

Penny Lyon

10:13 AM, 16th September 2020
About 7 months ago

It's been 6 months but...

Coronovirus isn't over yet. if there are any more legal delays isn't this just sequestration of property by the back door.? There will be a glut of evictions due to the backlog and this won't be allowed if the virus is still around.... Read More