Karen

Registered with Property118.com
Saturday 25th July 2015


Latest Comments

Total Number of Property118 Comments: 16

Karen

7:55 AM, 7th August 2021, About 2 months ago

Should I sell at 75 and if so how should I go about it?

Hi
I’m heading to retirement and I have an Aberdeen portfolio of 4 properties:
6 bed/5 bed/9 bed/13 bed. HMOs. All tenanted.
The 5 and 6 bed are leased to the same company.
Is there any interest in Aberdeen properties?... Read More

Karen

12:59 PM, 21st January 2020, About 2 years ago

Court Case re HMO rooms being deemed to be Band A Council Tax Dwellings

Hi
I had this issue in 2017 with Aberdeen city council when business rates were reviewed. I had qualified for business rates (and received the small business discount) but the council tried to change me to Band A council tax.
I have 39 rooms over 5 properties - rented room by room, all with shared facilities and changing to Band A council tax per room would have bankrupted me overnight.
I engaged a solicitor and property surveyor who was knowledgable about property assessment.
The outcome was that I had to change to whole house council tax but that was better than individual room tax.
I was able to show that the houses were completely under my control- I provided weekly cleaning of common areas, a gardener, weekly maintenance, a property manager on call 24hrs and my guests had homes elsewhere eg Mon-Fri contractors etc.
I managed to survive that particular attempt on my business but the legal fees were hefty and I suspect rates and council tax reviews will not go away.
This is one of the many reasons I've decided to sell up. I think landlords are stigmatised now and investing in other markets are becoming more attractive. It's a pity because our guests love our properties and I have a great relationship with them.
Good luck Andrew and friend.... Read More

Karen

9:09 AM, 29th September 2018, About 3 years ago

Karen

9:48 AM, 22nd May 2017, About 4 years ago

I may have to sell after Council Tax reassessment increase of £100pm per room?

Hello Colin
Can you give me an email address and I'll write to you?
Thanks
Karen... Read More

Karen

16:06 PM, 21st May 2017, About 4 years ago

I may have to sell after Council Tax reassessment increase of £100pm per room?

Hello and thank you to all who contributed to my thread. I have an update.
I employed a solicitor and a surveyor who specialises in rates assessments who challenged grampian assessors.
The assessor has now had a complete change of mind and will now not be issuing each bedroom with individual council tax - whole house council tax to be paid by me will now apply. A good result.
The down side is that the professional fees are costing me a small fortune - but better in the long run.
Cheers!... Read More