SimonP SimonP

Registered with Property118.com
Friday 26th December 2014


Latest Comments

Total Number of Property118 Comments: 25

SimonP SimonP

19:14 PM, 9th November 2020, About 7 months ago

Lodger belongings being collected one trinket at a time?

Reply to the comment left by Yvonne Francis at 09/11/2020 - 13:12
Does a lodger have the same rights as a tenant? One assumes there is no AST?... Read More

SimonP SimonP

8:12 AM, 8th August 2020, About 10 months ago

Allowing family members to live in property without rent?

Income tax: renting out a property at less than market value means that expenses claimed are limited to the amount of rent received. In other words, nil profit/nil loss. In this instance since there is no rent charged then no expenses can be claimed.

CGT: is only chargeable upon disposal of the property. Nothing to do here until the property is sold.

When you mentioned that the landlord is not living on the property, that only affects the Rent-A-Room Scheme (income Tax). Nothing at all to do with CGT.

Incidentally, should you have a BTL mortgage, the terms will normally exclude family members from living in the property.... Read More

SimonP SimonP

21:41 PM, 16th July 2020, About 11 months ago

New Electrical Installation Condition Report Rules July 2020?

I thought the new electrical requirements had been put on hold as they were deemed to be lacking in proper information. Have I missed something?... Read More

SimonP SimonP

14:23 PM, 10th July 2020, About 11 months ago

I told the police they were not allowed back to the property?

Reply to the comment left by Graham Bowcock at 10/07/2020 - 13:58
Thank you for the information, Graham. I was under the impression that the government had set a limit of 5 years for ASTs but my friend, Mr. Google, confirms what you have said and I have just learnt something new.... Read More

SimonP SimonP

13:40 PM, 10th July 2020, About 11 months ago

I told the police they were not allowed back to the property?

Reply to the comment left by Puzzler at 10/07/2020 - 13:09
You may well be right Puzzler but I gave up long ago trying to second guess what people really meant when they post messages.
If they cannot correctly articulate all the facts, then they'll not get advice appropriate to their enquiry: in which case everyone has wasted their time, including the poster.
Not saying that that is what has happened here, I am just generalising.... Read More