Philip Aston

Registered with Property118.com
Wednesday 10th July 2013


Latest Comments

Total Number of Property118 Comments: 16

Philip Aston

20:52 PM, 6th November 2020, About 11 months ago

I am a 40% taxpayer and my partner 0%

We did this about 5 years ago. We filled in a particular form, if it hasn't changed then its on HMRC website. We had to send a copy of office copy entries proving I owned 1%. There was no company or partnership.
Of course I don't know if things have changed, and as you know any comments from guys like me is no substitute for advice from a tax specialist... Read More

Philip Aston

19:09 PM, 14th September 2015, About 6 years ago

Jeremy Corbyn to effectively Confiscate Landlords Properties

Labour need to consider where the vulnerable, and those on low incomes, will be living when every individual who provides this facility has cut their losses and sold out, or there are no more rental properties available in any sector because they have been sold off!
I think there are issues here requiring legal input. Eg should the compensation paid for a rtb property equate to its notional "full" price in the absence of the scheme that killed the private rented sector? And if I own several business assets, is it really outside the scope of Human Rights if those assets are taken without reasonable compensation?
Whatever one's position or opinion, this shouldn't be dismissed as an impossible outcome. After all... who would have expected a Conservative chancellor to try and take the heat out of the housing market by removing high rate taxpayers from the pool of BTL purchasers? We live in strange times....... Read More

Philip Aston

21:52 PM, 12th July 2014, About 7 years ago

Selective licensing - can a part- time investor landlord fulfil the requirements?

Hi, thanks for sharing that with me- I now feel a little but more confident about the application!
Yes, I sent the form off early last week. I'll let you know how I get on.
Consultation? Tempted to send in a freedom of information act request to tease out the nature of this procedure..... Read More

Philip Aston

16:35 PM, 9th May 2014, About 7 years ago

Selective licensing - can a part- time investor landlord fulfil the requirements?

Hi Mark- As you say, only Selective Licensing Conditions apply here, and they do not directly require any particular inspection scheme. However, my concern originated from the application form, which gave no option for inspections at lesser intervals than 1 month. This, however, may be a one-size-fits-all form designed mainly with HMO's in mind.
I have held a brief conversation with a member of Housing Enforcement staff. I explained that I inspect at what I consider to be sensible intervals depending on the situation. Their advice was to simply enter this on the form when I apply. Hopefully, as said, commonsense will prevail.... Read More

Philip Aston

22:33 PM, 7th May 2014, About 7 years ago

Selective licensing - can a part- time investor landlord fulfil the requirements?

Reply to the comment left by "Mark Crampton Smith" at "06/05/2014 - 11:53":

Hi Mark
I believe the council will only be legally empowered to impose terms that are reasonably required by the act; but I fear I may have to fight them on this. Referring to the Housing Act 2004 S89, the licensing authority may check:
"(c)whether any proposed management structures and funding arrangements are suitable.
(d)that the proposed management arrangements for the house are otherwise satisfactory."
I would hope that they will see the sense of "normal" management when dealing with a straightforward 3 bedroom house let to a single tenant.
Until I actually approach them, either informally (and I have heard that the actual staff involved here are more helpful than the literature suggests) or with an application, I will not be able to gauge this, but I will of course keep the forum posted on progress.... Read More