Page 315 – Property118

Can children and pets be prohibited when offering residential property for let?

17th May 2023

Hello, are there/will there be any circumstances in which children and pets can be prohibited when offering residential property for let? I own a detached property which has been successfully rented out over a 20-year period and it is now available again. It is about 20m from a commercial property which I also own, a […]

London’s prime renting market sees demand cooling

17th May 2023

London’s prime rental market is continuing to see strong renter demand but there’s a ‘weak supply’ of properties – but signs are emerging that tenant demand is starting to cool. According to research from property analysts LonRes, there was annual rental growth of 7.4% in April – which is similar to March’s figure. The firm’s […]

Pic of eviction letter to tenant s21 landlord won't leave

What should I do not to invalidate my S21?

17th May 2023

Hi everyone, I served a Section 21 seven weeks ago so the tenant is due to move out on 21st May. They are on benefits so the local council will be paying most of the rent. My guess is they aren’t moving! Grrr! And I would be very surprised if the council have not advised […]

Property Investors Awards Property Trader of The Year Saif Derzi

17th May 2023

In 2015, Saif Derzi bought his first property, he then went on to buy 2 more properties in 2017 and incorporated his property investment and trading business in 2018. Fast forward 5 years and he has bought and sold over 160 properties within SDGB Properties. Saif first entered the property world when he set out […]

How HMRC Might Target Hybrid LLP Compliance Checks

16th May 2023

The likeliness of HMRC opening “Compliance Checks” into the accounting of Hybrid LLP’s operated by property rental business owners is now at an all-time high. HMRC could simply target all LLP’s registered at the office addresses of Accountants known to have filed tax returns incorrectly for other their clients. However, given the levels of incorrectly […]

elegraph logo used in rebuttal to article on landlord tax structures

Daily Telegraph wants to speak to landlords about the Renters Reform Bill

16th May 2023

Are you a landlord who is worried about the wide range of reforms expected in the Renters’ Reform Bill? Then, Alexa Phillips the personal finance reporter for the Telegraph would like to speak with you. Alexa would like to speak to Property118 readers about: What do you think about the proposals in the bill, and […]

Angry woman landlord with steaming coming from ears tax tenants government property118

Conservative MPs condemn government’s ‘war on landlords’

16th May 2023

Tory MPs fear the soon-to-be-published Renters’ Reform Bill will force more landlords to sell up. According to the Telegraph, there are growing concerns amongst Conservative MPs that the government has gone too far with its war on landlords. The Bill is set to include a wide range of reforms for the PRS and is expected […]

Rent price growth leads renters to look further afield

16th May 2023

With fast-rising rents, growing numbers of tenants are becoming more flexible over choosing where to live – and are increasingly finding somewhere more affordable that is further away, one leading real estate expert says. Nicky Stevenson, the managing director of Fine & Country, says renter affordability is also becoming stretched. She says that the pandemic […]

Is it ok for friends/relatives to stay with a tenant for a month?

16th May 2023

Hello, I have a single woman tenant who works full time and has been in the property for about eight months, there have never been any issues and always paid the rent on time and in full. The property is a three-bedroom maisonette flat. My question is: She contacted me on Friday afternoon to ask […]

Landlords are helping tenants cope with utility bills

16th May 2023

Landlords are keen to help their tenants cope with their rising utility bills, a survey reveals. The findings from the National Residential Landlords Association (NRLA) show that while 85% of renters hadn’t discussed financial issues with their landlord – 14% of them had. And 66% of tenants report that their landlords responded positively when the […]

Interest rate rise CRISIS – May 2023 update

16th May 2023

On Thursday the Bank of England, Monetary Policy Committee voted 7 to 2 to raise the base interest rate to 4.5%, which is the highest since 2008, and the 12th consecutive rise. Anyone who is on a variable interest rate will receive another all too familiar letter over the next few weeks, to say that […]

Selective Licensing and new tenancy?

16th May 2023

Hello, selective licensing is now coming to an area I have a property in. The SoS (Secretary of State) agreed to it as the council stated it met the requirements as specifically as it is an area of high deprivation and anti-social issues. One of the requirements within the SL I need to adhere to […]

Sadiq Khan calls for a London rent freeze – AGAIN!

16th May 2023

London Mayor Sadiq Khan has repeated his calls for a rent freeze to help Londoners in the week that the Renters Reform Bill is due to be published. Mr Khan demanded rent freezing powers last month and in a speech on his delivery of 116,000 affordable homes for Londoners between 2015 and this year, he […]

e-scooters

Charging e-scooters in the house?

16th May 2023

Hello, I have two tenants, who pay on time and look after the house well and I would like to keep them on as tenants. However, I am a bit worried as one has an e-scooter which he rides to work and charges the scooter in the house. I am now getting paranoid that there […]

Hybrid LLP structures GAME OVER!

15th May 2023

It’s game over for most Hybrid LLP tax structures. A “Hybrid” / Mixed LLP is a Limited Liability Partnership where one or more Members is a Limited Company. Following our article “How Property118 Are Helping A Landlord To Resolve A Serious Hybrid LLP Tax Planning Blunder” we have discovered two other firms of Accountants that […]

How Shelter helped my tenant become homeless

15th May 2023

As a landlord, I recently faced a difficult situation with one of my tenants, a 68-year-old man who was struggling with drug addiction and had fallen severely behind on rent payments. Despite my efforts to work with him, I had to use a section 8 eviction notice to remove him from the property. Unfortunately, the […]

pic of path next to house owner wants land property118

I want my land back but will the council let me have it?

15th May 2023

Hello, The footpath that runs along the side of my house is on my deeds. This was left as a right of way for a road to be built between the gap in the house in 1936 which has never happened. I would like to have a driveway installed but the only way to do […]

Propertymark representative discusses rent control concerns in Scotland

Inadequate benefits ‘excluding people from the housing market’

15th May 2023

A leading industry body has urged the UK government to improve access to housing for people in receipt of benefits in the PRS.  Propertymark told the House of Commons Work and Pensions Committee that many people in receipt of benefits are excluded from some housing options due to Local Housing Allowance (LHA) rates. LHA rates […]

Pic of woman stuck in pile of clothes blocked fire escape HMO landlord property118

Fire escape route in 3 storey HMO?

15th May 2023

Hello, A tenant has filled a cupboard on a fire escape route with clothing etc… He refuses to move it, claiming poor mental health, shouting harassment and discrimination. I find myself stuck between fulfilling my legal duties and being sued if I touch his possessions. He is a litigious person, BSc in Law studying for […]

Woman in red dress smiling while seated in an office chair.

Average rents hit £1,000 for the first time

15th May 2023

Tenants moving into a newly let property are facing average rents outside of London of more than £1,000 for the first time, data reveals. Hamptons says renters are facing a £1,002 bill and in April, that was £72 or 7.8% more than it was in April 2022. The real estate firm also highlights that the […]

An open letter to Polly Neate at Shelter

15th May 2023

Below, we publish an open letter from Property118 reader, ‘Dismayed Landlord’. He details issues about helping his tenants – and wants Polly Neate, the chief executive of the homelessness charity Shelter, to help him find housing for his tenants as he is intending to sell up. He has not yet received a reply offering help […]