Jessie Jones

Registered with Property118.com
Saturday 9th August 2014

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 43

Jessie Jones

14:31 PM, 16th August 2019
About A week ago

Selective Licensing costs used for Nottingham Carnival?

I think that the greater concern here is of the dishonesty by the council running the scheme. It was set up under the pretence that it was going to improve housing in the private sector.
They have a twitter account where they could proudly announce all their success stories.
But the most they have to brag about is the fact that they are sponsoring a music parade event. Why are they even considering such expenditure? I applied for my licence on day 1 of the scheme, over a year ago, and still haven't received my licence, despite having paid the first part of the fee. I am not chasing them up as I am not in a rush to pay the second part of the fee, but if they haven't even got time to process the applications, why on earth are they going to festivals to promote a scheme that they can't run?... Read More

Jessie Jones

14:24 PM, 15th August 2019
About A week ago

Selective Licensing costs used for Nottingham Carnival?

They have tweeted the fact from their @nottmrenters account... Read More

Jessie Jones

9:15 AM, 4th August 2019
About 3 weeks ago

Using £1000 Traders Allowance to reduce my tax bill?

Jim,
This seems to me to be a very good idea, but to justify the payments they may need to be for work of value. Staying at home playing on their Xbox whilst manning a phone line would probably not be sufficient.
Next time you have some painting and decorating to do, or garden clearance, they could earn their £1000 that way, then still man the phone line whilst you are on holiday. HMRC would be much more understanding of such a tangible trade.... Read More

Jessie Jones

11:13 AM, 21st July 2019
About a month ago

Stamp duty - First property in joint names?

I speak here with precious little knowledge, but I would be interested in knowing how the situation might change if the first property was transferred into a limited company.
Clearly there might be some Capital Gains Tax to be paid upon the transfer of the first property, but after 2 people's allowances that might be minimal here.
According to the SDLT calculator, it suggests that if the fist property is bought by way of a company, the SDLT on that house would be £2850, and the SDLT on the new property would be £800, giving a total of £3650
However, under the circumstances that Stuart describes, the SDLT on the purchase of the second house in their joint names would be £5750.
Given some of the advantages of having a second property in a limited company, this appears to me to be the obvious route, but I would be please to hear other people's opinions.... Read More

Jessie Jones

10:26 AM, 13th July 2019
About a month ago

When a tenant dies his Utility Bills die with him?

The rules regarding Council Tax and the rules regarding utility bills are different.
Generally speaking, utility bills arise from a 'contract' between the supplier and the tenant. When the tenant dies, the contract dies, but the liability remains with the estate.
The Landlord takes on an implied contract from the moment they take on responsibility for the property. Allowing relatives time to remove the deceased's possessions is a form of control over the property, so an implied contract exists and the landlord becomes liable for the utility bills.
Council Tax is not a contractual liability, implied or otherwise, but is a statutory liability, and so the rules are very different. In some areas, Councils waive liability for properties that are vacant for up to 6 months. In others, they apply another rule that effectively doubles the liability in vacant properties once they have been vacant for over 12 months. These rules are discretionary, which is why there is variance across different councils. I have properties across 2 council areas. In one I get 3 months to find a new tenant, paying zero council tax. In the other there is no period of grace.
Water bills are altogether different. Legislation provides that the landlord is liable for the bill unless they have taken all reasonable steps to inform the water supplier of who the tenant is. But in my own area they seem perfectly happy to entirely waive the bill whilst a property is vacant.... Read More