Yvonne Francis

Registered with Property118.com
Monday 3rd August 2015


Latest Comments

Total Number of Property118 Comments: 162

Yvonne Francis

11:16 AM, 29th May 2020
About 2 months ago

Should I let to family through my limited company?

If your property is in a Company there is a problem if the property is worth £500,000 or more, either now or in the future. Its called an Envelope Tax. I gave my son and daughter a house within a company and I often think of living there, paying them rent, but the house is in an expensive area and is coming close to that figure.
https://www.gov.uk/guidance/annual-tax-on-enveloped-dwellings-the-basics... Read More

Yvonne Francis

12:25 PM, 23rd May 2020
About 2 months ago

4 students moving in 8th June?

Reply to the comment left by Jessie Jones at 23/05/2020 - 09:06I don't think you get the gist of what I am trying to say. I know guidelines are being constantly updated, and this was updated in early May but the important thing is the point that HMO's are considered as a single household, so the guidelines that Ian posted applies to HMO's even though HMO's as such are not mentioned. If that is right then that is different from how they have been considered since the legislation of 2004 when it became clear that every tenant was considered a household.
As for the legal binding of contracts, I do not know what type of letting you do, but in student lets depending on the situation in September, at some time a parent will contest their son/daughter's agreement and if the case history of Krell v Henry is deemed valid they will have a good change of winning.... Read More

Yvonne Francis

10:58 AM, 22nd May 2020
About 2 months ago

4 students moving in 8th June?

Reply to the comment left by Paul Marcantonio at 21/05/2020 - 17:21
Thanks for your reply. I was just wondering why you started on the 1st June because for my students that would three weeks before their term ended, and my students, I thought, had the shortest terms of every one (only eight weeks). That would mean they are paying for two places.

The reason why I think the link answers your question is because it mentions HMO's for the PURPOSE OF THE VIRUS is treated as one household, that is why Ian cannot find any mention of HMO's in the government guidelines. Put simply HMO's are treated the same as any other letting. I would like to know what Ian thinks too!... Read More

Yvonne Francis

15:05 PM, 21st May 2020
About 2 months ago

4 students moving in 8th June?

I am a Landlord renting student accommodation and wonder why you seem to be starting a new tenancy in June? However I am interested in this question as I may have the same problem but in August. The following paragraphs are quoted from the link below. This was published on 7th May 2020.

The government seems to be treating all members of an HMO as a single household, and therefore all guidance that relates to a single household in relation to social distancing and self-isolation in the context of residential households will apply to an HMO.

New tenants – Use of virtual viewings conducted remotely. There is presently no statutory prohibition restricting landlords from moving new tenants into an HMO. The government guidance does indicate that moving home should be delayed unless the move is unavoidable for contractual reasons and the parties are unable to reach an agreement to delay. However, persons with symptoms, self-isolating or shielding from the virus, should not move home.

https://www.localgovernmentlawyer.co.uk/housing-law/315-housing-features/43577-covid-19-houses-in-multiple-occupation... Read More

Yvonne Francis

12:03 PM, 7th April 2020
About 3 months ago

Put ourselves in the shoes of these kids?

Reply to the comment left by Annie at 06/04/2020 - 20:24
Hi Annie,
I am referring to Oxford University. I cannot back it up with anything online. I heard this on good authority, on Radio 4. However they did say ‘preparing’ which does not necessarily say they will be doing this. I have given a link to The Guardian which I thought at the very least ‘food for thought’. Personally I do not think any university preparing to teach online in the Autumn is ‘jumping the gun’. A lot of experts say it may decrease in the summer but return in the Autumn. If it follows the pattern of Spanish Flu it may even mutate and come back even worse. Sorry to be so doom laden.

However one should prepare for the worst but hope for the best. When I made my first comment I had hoped for more information on the case history I mentioned. (Krell v Henry) It's good to know where one stands on contracts for the Autumn. If you or anyone else are experiencing cancellations, would not that be quite useful at least to bear in mind or counteract?

I am preparing by conserving my savings, even though my rents are my only income, if I want to continue to let to students, even having to have them empty for two years, or find alternative types of tenants. I really hope I am wrong.

https://www.theguardian.com/education/2020/apr/03/forget-freshers-week-universities-prepare-to-teach-new-first-years-online... Read More