Mark Crampton Smith

Registered with Property118.com
Tuesday 11th June 2013


Latest Comments

Total Number of Property118 Comments: 114

Mark Crampton Smith

17:22 PM, 25th May 2022, About 15 hours ago

Addressing the Under Supply of UK Rental Housing

Reply to the comment left by David at 25/05/2022 - 09:10
David is correct….. the government wants home owners and a PRS that is institutionally owned…. Look at the relaxation of listing conditions for REITs following FA 2022 the massive growth of build to rent…. If I was being cynical I would argue that it is all political parties that want home ownership for the electorate. And as Maggie won over swathes of traditional Labour voters by offering them ownership of their Council House…. It has been proven to be a vote winner…. Just like Landlord bashing!!... Read More

Mark Crampton Smith

9:21 AM, 21st May 2022, About 5 days ago

Can I index link rents into my tenancy agreements?

Reply to the comment left by NewYorkie at 16/05/2022 - 09:50
That’s fine….. but remember a rent increase means a new tenancy. You must then comply with supplying Right to Rent, EPC and gas safety to be sure there are no Shelter type blocks if you serve notice in the future?... Read More

Mark Crampton Smith

13:40 PM, 22nd February 2018, About 4 years ago

I might be late to the HMRC party!

We have been filing these reports to HMRC for over 15 years........I would be very anxious if you are a letting agent and have not...... HMRC might reasonably ask you to provide historical data; we have recently had a client who has been asked to provide rental income data for the last 11 years. There is no "get out of jail" card with this one; failure to send them the accurate and complete data will only make them show more interest in your business.......... Read More

Mark Crampton Smith

9:58 AM, 11th October 2017, About 5 years ago

Council intention of prosecuting for an unlicensed HMO...but it's not!!!

Reply to the comment left by Robert Mellors at 10/10/2017 - 22:27
Sorry, the 30k can be demanded by the local authority without going to court...... as a sort of levy following a kangaroo hearing?... Read More

Mark Crampton Smith

21:10 PM, 10th October 2017, About 5 years ago

Council intention of prosecuting for an unlicensed HMO...but it's not!!!

Reply to the comment left by Kate Mellor at 10/10/2017 - 19:28
Actually now, local authorities can demand up to £30,000 for non compliance with license conditions.... Penny needs to let us know which local authority her Property is in. Then we would know if additional licensing has been introduced?... Read More