Brian Hughes

Registered with Property118.com
Friday 29th May 2015


Latest Comments

Total Number of Property118 Comments: 4

Brian Hughes

18:53 PM, 15th October 2020
About 7 days ago

EICR again - Which one is correct?

Reply to the comment left by Mrsmithe at 15/10/2020 - 10:33Thanks for that very clear reply, it is exactly as I have assumed, so, would it be correct to say that the EICR Codebreakers publication by NAPIT should only apply to new 18th Edition installations as far as I can see it makes no exemption for existing pre 18th installations.... Read More

Brian Hughes

12:27 PM, 13th March 2018
About 3 years ago

Do we landlords have to register with the Information Commissioner's Office

Reply to the comment left by Neil Patterson at 13/03/2018 - 10:56
There is a question to be answered on the new registration application self assessment process which is "Property management - including the selling and/ or letting of property" which obviously includes landlords and therefore will require registration - £40 pa.... Read More

Brian Hughes

13:41 PM, 10th January 2017
About 4 years ago

Help with passing property rental to my wife for tax purposes

My understanding is that:
If OP has been joint owner of the properties with his wife, in the absence of form 17 the income should have been declared 50/50 and tax paid accordingly.
If a form 17 is now presented to HMRC is it likely that they will look back over previous years and take action for not declaring 50/50?
I have a similar situation in reverse whereby I am sole registered/legal owner of the property for 45 yrs. but have been sharing income 50/50 with my wife (in ignorance of the law) and not realising the problem. I would suggest that the property should originally have been purchased in joint names as it was purchased with joint funds and all income and expenses since have been from/to joint funds.
I would assume and hope that we would be declared joint beneficial owners in this case.
At this point in time I am looking to transfer 50% ownership to my wife for IHT and/or Capital Gains tax reasons but am concerned about waking up HMRC and facing consequences.
Any advice on this situation would be very much appreciated.... Read More

Brian Hughes

10:39 AM, 17th June 2015
About 5 years ago

Notice to Quit - 3 Named Tenants, one vacated already

In the case of three tenants on the original agreement, one moves out but no notice or anything given to the Landlord, surely the tenancy still exists and the tenant who moved out is at liberty to move back in. If the tenancy is broken simply by one tenant moving out without notification to the Landlord how can a new tenancy be created?
Advice appreciate.... Read More