Puzzler

Registered with Property118.com
Tuesday 9th July 2013


Latest Comments

Total Number of Property118 Comments: 1053

Puzzler

9:57 AM, 14th April 2021
About 3 days ago

Business Asset Roll-over relief for residential BTL?

No you can't as there is no trade involved. Like Janet I sold a business (guest house) and could not use BARR on rental property. I hadn't made a gain for CGT but I thought it would have affected IHT. Note it is only a deferral anyway not an exemption. So you would still have to pay it eventually.... Read More

Puzzler

10:16 AM, 3rd April 2021
About 2 weeks ago

Can landlord claim back a COVID rent discount?

I had one tenant only (a very good one) for whom a new agreement was drafted allowing a short holiday and increased rent until the arrears were repaid. Now up to date. It was a deferral not a discount and my agent was at pains to explain that to them.... Read More

Puzzler

12:03 PM, 19th March 2021
About 4 weeks ago

Communal "garden grab"?

So I am guessing it is a RTM not a RMC?

The directors can't make that decision without the agreement of the freeholder and the vast majority of the leaseholders (how many properties are there?) since it would require alteration of the leases. They are ultra vires to even be considering it.

When did you last have a meeting? I would ask your source for more information.... Read More

Puzzler

9:53 AM, 18th March 2021
About 4 weeks ago

Communal "garden grab"?

They would also have to get planning permission so look on your council website to see if anything has been lodged... Read More

Puzzler

7:48 AM, 18th March 2021
About a month ago

Communal "garden grab"?

It is possible that the freeholder and Man Co are one and the same. Either way it seems the lease would have to be altered which requires unanimous agreement from all leaseholders or substantial majority and application to the FTT.

Please clarify the structure - is the RMC and freehold owned by the leaseholders or is the freeholder a third party?... Read More