user_2638

Registered with Property118.com
Thursday 3rd April 2014


Latest Comments

Total Number of Property118 Comments: 3

amelia ward

5:11 AM, 22nd June 2015
About 5 years ago

Bankrupt estate agent - London W11

Hello all.
Over the weekend I received a voicemail from Domus saying they had resolved all issues with HMRC and they are again trading. The details of how they did this they did not say. But Im surprised.
Ive taken everyone's thoughts and advise on board and its been invaluable this last week as we decide what to do next so thanks everyone for this. We've made a few decisions putting our flats 1st and once Ive spoken directly to Domus I'll be able to put them into action. Its all about our survival [sadly] and each member of their Lettings + Property Management team will be thinking the same as well as every one of their clients right now.
All the best... Read More

amelia ward

1:18 AM, 19th June 2015
About 5 years ago

Bankrupt estate agent - London W11

Reply to the comment left by "Mark Alexander" at "18/06/2015 - 17:38":

Domus Nova and yes they are a Ltd company and registered with the Property Ombudsman scheme which is something.

Ive contacted the Deposit Protection Service and applied to move the tenants deposits as they were lodged. Meanwhile Domus hold my property floats which I will have to apply for from the accountants managing the bankruptcy. Expect I'll only get 20p to the Pound if that.

I just need to stop the tenants paying their rent into Domus's Client Account. Added issue is Ive got a tenant moving out in 5 weeks and I use Domus's property management service to manage the move in/out of tenants [being so very far away in Oz] and now Im needing to hire another agent to do what Domus should have done. Its not simply the finances but the administration / the paperwork. Does the HMRC freeze access to the files like inventories? Domus didnt forward me the last inventory for the flat from which the tenant is moving out.... Read More

amelia ward

2:30 AM, 5th August 2014
About 5 years ago

Buy-to-Let mortgages for properties with lower rental yields

Will the lender consider a BTL landlord of many years with several London properties who no longer lives in the UK and isnt a British citizen? Im repeatedly hearing this is a considerable stumbling block after all the recent changes in the UK laws.
Im British with all my family in the UK but my husband isnt. We're both on the mortgages which is the stumbling block. Although we run the flats like a business, make returns to the HMRC and have UK bank accounts most banks wont consider us because my husband is an Aussie and we're currently living in Australia. We want to remortgage 1 particular BTL with a healthy equity and a long standing tenant with a view to buying a house near my mum in Lincolnshire for our return in 1 maybe 2 years.
Any advice for BTL landlords considered unsafe credit wise due to current location and citizenship yet with strong, healthy portfolios?... Read More