Page 349 – Property118

Property Business Structures For Investing In 2023

31st October 2022

2022 has been an incredibly turbulent year with Interest rates rising, the economy crashing and recession on the way. Now is as important a time as any to make sure that your property business is structured properly for the times ahead. Today I’m joined by Alex Norian & Nicky Kita, the property tax specialists, from […]

elegraph logo used in rebuttal to article on landlord tax structures

Are you selling – or have you sold – your BTL?

31st October 2022

The Telegraph’s personal finance reporter, Alexa Phillips, is looking to speak to landlords who are selling (or have recently sold) their buy-to-let properties. This includes either people who are reducing the size of their property portfolio or leaving the rental market altogether. The story is looking at how rising interest rates and regulatory changes are […]

Hand signing an eviction notice related to Section 21 concerns

Ignored form 4? Section 21 options?

31st October 2022

Hello, I have an income support tenant (with considerable savings) who has been angling for a section 21 notice for the last few months. She is convinced that she can get a central London council house (unlikely). I refused to give her sec 21 notice as I didn’t want to end up paying for court […]

landlord question overgrown tree property118.com

Overgrown Magnolia tree results in loss of view!

31st October 2022

Hello, I am told that in English law there is no such thing as a legal right to a view, (established in Aldred’s Case 1610). However, if a tree is allowed to grow uncontrolled and too large, resulting in the loss of a valued view, is there a potential legal challenge on the grounds of […]

landlord question hermit rent property118.com

Rent increase for v longstanding hermit tenant?

31st October 2022

Hello, I have a tenant who has been with me for 20 years or so (AST) in a 2 bed flat. He lives like a hermit and over the years the place has got v dirty and messy. I’ve done what I can or need to; new boiler when old one became unsafe according to […]

Michael Gove hints at cash help for tenants to pay rent

31st October 2022

Families struggling with the cost-of-living crisis could receive a cash boost so they can pay their rent, Michael Gove has hinted. The Levelling Up secretary was speaking on the ‘Sunday with Laura Kuenssberg’ show when he revealed that ‘targeted support’ could be on the table to help families pay their private landlord. However, Mr Gove […]

Sadiq Khan in London with city skyline in the background.

Sadiq Khan urges a rent freeze for London tenants

31st October 2022

The mayor of London, Sadiq Khan, has called for an immediate rent freeze to deal with tenants struggling in the cost-of-living crisis and growing homelessness in the capital. He says that the numbers sleeping rough have risen by 21% over the past year and without government intervention, the progress made in housing homeless people since […]

Meet Mark Smith (Barrister-At-Law) Landlord tax planning strategies – pin Reading

31st October 2022

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers, will be presenting an overview of several landlord tax strategies at the pin Reading meeting Thursday 1st November. The Reading meeting will be held at The Crowne Plaza Reading, Caversham Bridge, Richfield Avenue, Reading, RG1 8BD Hosted by Simant Soni on the 1st […]

Person covering face with hands, representing stress or regret over legal or financial issues

Help! I didn’t protect the tenancy deposit

31st October 2022

Hello, We let our property to a couple with a baby in 2019, with 90% of their rent paid by the council through a housing benefit. They immediately fell into arrears, not paying the rent at all, so the council told me they would pay the 90% direct to me. Since then the 10% payments […]

landlord question guarantor property118.com

Guarantor Issue?

31st October 2022

Hello, We agreed to be guarantor for our son’s ex-girlfriend as she was having his baby. Subsequently, it has turned out not to be his. My question is, we are now getting to the end of the first year of tenancy and I contacted the agent to say to we will no longer be guarantor […]

House prices predicted to fall by 5% in 2023

31st October 2022

The UK’s house prices are set to fall by 5% next year on the back of rising mortgage interest rates, says Zoopla. The platform says the increase in mortgage rates represents the largest interest rate shock for new buyers since the late 1980s. And, despite signs of slowing, mortgage rates will not return to the […]

Would you like a Success Blueprint to follow?

31st October 2022

Would you like your next property acquisition to be a high cash-generating HMO (House of Multiple Occupation), but don’t know how to do it? You should be considering HMOs because they are a recession-proof strategy and also generate high cash flow, which means rising interest rates are not as much of a concern as it […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Michael Gove – A name to chill a landlord’s spine

28th October 2022

Looks like Hallowe’en has come early for landlords with the announcement that Michael Gove has returned to the Government fold. And, for me at least, that’s a huge shame. Because while Gove has a strong reputation for getting things done – he is poised to undo the private rental sector. My big fear is that […]

landlord news short term lets property118.com

Short term lets are threatening the PRS

28th October 2022

The number of short-term lets (STLs) has grown steadily in many areas of the UK over the past four years – and could threaten the PRS, a survey reveals. The report from Propertymark highlights that the recent pandemic helped to fuel the rise in short let properties because many people decided to holiday in the […]

landlord news tenant demand paragon property118.com

Tenant demand hits new all-time high

28th October 2022

The proportion of landlords who are reporting increasing tenant demand has hit an all-time high – for the second time this year. The findings from Paragon Bank found that a net increase in tenant demand during the past three months was seen by 65% of respondents. This surpasses the previous all-time high of 62% recorded […]

Houses of Parliament in London viewed from across the River Thames

Government confirms that the Renters’ Reform Bill IS back on the agenda

28th October 2022

A senior minister has confirmed the Government’s intention to introduce a Renters’ Reform Bill in this Parliament – and it could be law by the time this Parliament ends. Andrew Stephenson, the Parliamentary Under Secretary of State at the Department for Levelling Up, Housing and Communities, was responding to a question from Labour MP, Matthew […]

landlord question serco rental homes property118.com

Mass appropriation of rental properties for asylum seekers?

27th October 2022

So, what do landlords think of this latest initiative? https://www.serco.com/uk/sites/serco-aasc/landlords On the one-hand, the government are berating landlords for the rent levels which are linked to shortages in supply (read – failure by Govt to build), whilst on the other hand, available properties are being scooped up in contract-sized proportions. What effect will that have […]

landlord question broken key property118.com

Broken front door key in lock?

27th October 2022

Hi Property 118, We wondered what your thoughts are. We have recently let a property out to a nurse who doesn’t come from the UK. She’s a bit demanding even wanting her bins emptied and didn’t realise until she was told by the letting agents that she has to put them out for emptying. So […]

landlord insuarnce question empty house property118.com

A question about insurance?

27th October 2022

Hello. Is it usual for insurance for an empty property (which is up for sale) to only provide cover for subsidence? No cover for malicious damage or escape of water. I’ve been quoted over £600 for one tenanted and one empty property. Seems a bit excessive? Thanks for any advice. Ann

New homes under construction on a Build to Rent housing development site

BTR pipeline grows by 22% to meet demand

27th October 2022

The number of Build-to-Rent (BTR) homes either in planning, under construction or completed in the UK is up by 15%. The figures from the British Property Federation (BPF) cover the period between Q3 2021 and Q3 this year when numbers rose from 209,313 to 240,202. The BPF says that the sector continues to expand across […]

Michael Gove urged to focus on getting rental reform ‘right’

27th October 2022

Landlords are calling on Michael Gove to get the planned Rental Reform Bill right for both landlords and tenants. The call comes after Mr Gove was reinstated as the Levelling Up, Housing and Communities secretary by the new Prime Minister, Rishi Sunak. The cabinet minister had previously been fired by Boris Johnson in July. Mr […]