Page 162 – Property118
Magnifying glass highlighting tax inspection in relation to HMRC scrutiny of landlord incorporation strategies

Is HMRC Overreaching? Landlord Incorporation Without Remortgaging

9th October 2024

Thousands of landlords across the UK are now wondering if HMRC, the government’s tax authority, is going too far in its latest crackdown. For years, landlords have used perfectly legal ways to manage their taxes and property businesses, but HMRC is suddenly treating these methods as if they are wrong. Is HMRC overstepping its limits? […]

professional portrait of a young man in a suit representing tenant advocacy in the Renters’ Rights Bill debate

Generation Rent want two months’ rent compensation for tenants!

9th October 2024

Renters in England are facing an average cost of £2,216 for unwanted house moves following eviction, according to research from Generation Rent. This ‘eviction tax’ includes costs such as the deposit, ‘overlapping’ rent from old and new tenancies, and other moving expenses. As MPs debate the Renters’ Rights Bill in the Commons today, the organisation […]

letting boards displayed along a street highlighting student rental availability

Renters’ Rights Bill: Propertymark raises concerns over fixed-term tenancies

9th October 2024

The government must appreciate the potential impact of ending assured shorthold tenancies under the Renters’ Rights Bill for periodic tenancies, Propertymark says. It warns that not only will the students’ let market be affected, but a fixed-term tenancy provides tenants with security of tenure and landlords with guaranteed rent payments. This type of tenancy is […]

Puzzle pieces highlighting partnership values like collaboration, trust, and goals

Three partner property investment dispute?

9th October 2024

Dear Fellow readers, I have a question regarding partnership law. Can an investment property held by three partners in equal shares (not under a Limited Company) be sold by two of the partners if the third partner is opposed to the sale as he wants to purchase the property himself? However, the other two partners […]

Property expert outdoors discussing rising UK rent prices

Tenant demand soars – but the north-south divide widens

9th October 2024

There has been a significant increase in tenant demand for rental homes in England which has climbed by 3.3% since the start of the year. The research from Zero Deposit examines demand in each county in England based on the number of let properties compared to the total available stock. The index found that in […]

Person completing property inspection paperwork for HMO licensing compliance

CIEH welcomes new report calling for stronger selective licensing

9th October 2024

An organisation has welcomed the Renters’ Reform Coalition report calling for more selective licensing. The Chartered Institute of Environment Health (CIEH) says they are “delighted” the Renters’ Reform Coalition has called for better funding for council enforcement and stronger selective licensing. The CIEH has been pushing for a simpler set of housing standards to make […]

Business figures reacting to conflict as one shouts through a megaphone, symbolising dispute with mortgage lenders

The Mortgage Works and Templeton LPA Receivers – does anyone have experience?

9th October 2024

Hello everyone, We are having problems dealing with Templeton LPA Receivers who have been appointed by The Mortgage Works. We are in dispute with TMW over any alleged arrears and The Financial Ombudsman has found that TMW have not been helpful in resolving the issue. We still await the payment that the Ombudsman instructed TMW […]

colourful abstract buildings illustrating trends in student accommodation demand

Student accommodation preferences are shifting

9th October 2024

The latest Knight Frank/UCAS Student Accommodation Survey paints a clear picture of how student preferences for university accommodation are evolving. Now in its fifth year, the survey provides valuable insights for student landlords, developers, investors and universities to adapt to these changing needs. The report predicts a significant shift by the end of the decade, […]

Paper houses displayed on top of UK banknotes to illustrate funding pressures on social housing

Housing crisis leaves 13,000 social homes ready to be built but without buyers

9th October 2024

Councils across England are warning they could face bankruptcy unless more social homes are built. In a BBC report, the Home Builders Federation, which represents housebuilders, claims their members have at least 13,000 affordable social homes ready to be built immediately. However, these projects are stalled because no housing providers are available to buy the […]

Key unlocking a puzzle piece symbolising financial solutions for landlords and tenants

Unlocking Hidden Opportunities: How a Landlord’s Dilemma Became a Shared Success

8th October 2024

When I think about why I founded my business, it’s stories like Steve and Daphanie’s that come to mind—stories where a bit of guidance can transform lives and turn challenging situations into collaborative victories. An Unexpected Email One morning, as I sifted through my inbox, a message caught my eye. The subject line read: “Urgent […]

Magnifying glass highlighting the word “truth” with a red pushpin

Property118 incorporation models – Rebuttal of Tax Avoidance Allegations

8th October 2024

Property118 categorically rejects the DOTAS characterisation of our tax planning structures, specifically the Substantial Incorporation Structure (SIS) and Capital Account Restructure (CAR). These strategies’ are a commercial necessity rather than any tax avoidance intent. Legal Foundation: Gordon vs IRC and the Transfer of Beneficial Interest To clarify, the Substantial Incorporation Structure (SIS) is fully compliant […]

London housing target reduction headline with two presenters and Big Ben in the background

Why London’s Housing Market is Worse Than You Think

8th October 2024

Discover the ugly truth about London’s housing crisis and its impact on property investors like you. In this eye-opening video, Ranjan Bhattacharya and Andrew Roberts delve into the controversial policies reshaping the capital’s property market, leaving many questioning the motives behind reduced housing targets. Our expert insights break down complex issues, such as the challenges […]

Executive posing confidently in a professional setting related to rental market growth

Giant residential landlord sees rents and profits rise

8th October 2024

The UK’s largest listed provider of private rental homes has reported increasing rents and a growing portfolio has delivered stronger profits. Grainger, a FTSE 250 company, says it has added 1,113 new homes to its 12,000-strong portfolio during the year ended 30 September. They include four completed build-to-rent schemes and the acquisition of an asset […]

Property expert discusses landlords’ growing concerns about the future of the private rented sector

One in 10 PRS tenants struggling with rent

8th October 2024

One in 10 private rented sector (PRS) tenants in the UK are struggling to make their rent payments, research reveals. The findings from Pegasus Insight found that 8% of tenants consider their rent to be ‘barely manageable’, while 2% say it is ‘unaffordable’. Despite the financial challenges faced by some tenants, the report also found […]

Signing housing agreement with model house on desk

Welsh landlords offered ‘hassle-free’ income with government scheme

8th October 2024

The Welsh Government is promoting its ‘Leasing Scheme Wales’ which offers landlords and owners of empty homes the chance to lease their properties to a local council for a guaranteed rental income. The scheme provides a ‘hassle-free’ solution for property owners looking to generate income without the usual stresses of managing tenants, the government claims. […]

Business professional in blue suit representing NRLA leadership on housing crisis.

Government urged to prevent rent arrears – not let them grow

8th October 2024

The government’s Renters’ Rights Bill has been slammed for proposing to increase the amount of rent arrears a tenant can build before landlords can serve notice to repossess a property. The National Residential Landlords Association (NRLA) argues that this will only make it harder for tenants to pay off their debts and damage their credit […]

Man considering whether to evict a family member, shown with arrows pointing to eviction choices

Should I evict my brother?

8th October 2024

Hi, here is some backstory to my situtation. My mother died in 2019, as the oldest son of four siblings I was appointed executor of her Will. (My parents got divorced many years ago and my Father is in a longterm relationship with another woman.) My mother had moved several years prior to her death […]

Person reviewing roof repair costs and housing documents at a desk with miniature house models

Forcing RTM to raise funds for urgent works?

8th October 2024

I sit on the board of an Right to Manage (RTM) in a block of 10 flats. We need roof repairs and have a shortfall of £60k in the sinking fund to facilitate this. As a top-floor resident, I’ve been dealing with water ingress, leaks, and property damage for the last four years.  I’ve been […]

Propertymark representative discusses rent control concerns in Scotland

Renters’ Rights Bill must not disadvantage landlords – Propertymark

8th October 2024

With the Second Reading of the Renters’ Rights Bill taking place tomorrow (Wednesday 9 October), Propertymark is calling on MPs to consider the vital role landlords and letting agents play in the private rented sector (PRS). The organisation is urging MPs to strengthen the Bill to ensure it maintains choice, flexibility and keeps costs down […]

House resting on a life ring to illustrate flood-damaged rental property risk

How landlords can respond to extensive flooding of rental properties

7th October 2024

With the severe flooding that has hit the UK in recent weeks many people have experienced damage to their homes as well as in some extreme cases having to evacuate, but what does this mean for landlords? Severe weather events, like storms and flooding, are becoming increasingly frequent in the UK. According to UK Health […]

Labrador resting on a bed while holding a plush toy, illustrating the need for pet-friendly renting policies

Pet charity urges public to support the Renters’ Rights Bill

7th October 2024

A pet charity is calling on the public to support the Renters’ Rights Bill which will bring in the right for tenants to keep pets – which landlords cannot ‘unreasonably’ refuse. The Battersea Dogs and Cats Home believes the bill is a crucial step in ensuring that pets remain with their families, especially as the […]