Mohammed Shafiq

Registered with Property118.com
Sunday 12th September 2021


Latest Comments

Total Number of Property118 Comments: 5

Mohammed Shafiq

12:08 PM, 2nd December 2021, About 2 months ago

If I put my houses in my tenants name would I be exempt from onerous retrospective legislation?

Interestingly Islamic Mortgages work on this principle - the tenant pays "rent", not interest, on the proportion of the house they don't own. The rent reduces over time as the tenant acquires more of the house until eventually they become the full owner. So it could work. Caveats would need to be put in there such as tenant has to pay full insurance and council tax, and majority stakeholder has ultimate decision-making responsibility on disposal of the property.... Read More

Mohammed Shafiq

22:56 PM, 21st November 2021, About 2 months ago

When is a new Council Tax banding charge applicable?

I assume planning permission has been given for converting into 3 separate flats? This should then trigger a new valuation. Expect communication from the VOA at some point.... Read More

Mohammed Shafiq

23:35 PM, 14th September 2021, About 4 months ago

HMO rooms rated as Band A?

Well, I bought the property (an existing HMO) and applied for a new HMO licence at the same time, and was contacted by the VOA 6 months afterwards. With a licence lasting 5 years, potentially a new valuation could occur at that frequency.... Read More

Mohammed Shafiq

22:35 PM, 14th September 2021, About 4 months ago

HMO rooms rated as Band A?

Just received further clarification: an application for a HMO licence can also trigger a report to VOA to look into it further.... Read More

Mohammed Shafiq

23:10 PM, 12th September 2021, About 4 months ago

HMO rooms rated as Band A?

Hi.

Just bought a 6 bed HMO which was previously licensed, and now been contacted by the VOA with a view to valuating as multiple dwellings. When I asked "Why me?", I got the following reply:

We were aware that extensions/ alterations had been made to your property prior to your purchase. For Council tax purposes extensions made by the current owner cannot be included until a relevant transaction, normally a sale, takes place.

We are notified by the land registry once the sale goes through and this triggers the report for us to investigate. The report was checked and at that point we became aware of the possible HMO. In view of this we have to investigate possible multiple bands.... Read More