Page 356 – Property118

PropertyCEO and property investors network to create The pin Partnership

8th September 2022

PropertyCEO, the UK’s leading property development training company, and the property investors network (pin), the UK’s largest property training and networking organisation have agreed a strategic partnership which will create a new venture; The pin Partnership. The new pin Partnership will become a central resource for property training and education, enabling anyone interested in learning […]

Rats in brand new block of flats?

8th September 2022

Hello All, As a landlord, when a tenant mentioned there were mice/rats I immediately called in someone who knew how to deal with them. This company issued the same advice to the tenant that I had given them regarding keeping the floor swept etc. After a couple of visits, some sweeping, some emptying of traps, […]

Free lease extension – Is there a tax liability for this?

8th September 2022

Hi all, I need some advice, please. I own a flat in a house that was originally split into two individual flats back in the 1980’s. I own one flat and the Freeholder owns the other. I am in the process of selling the flat and the Freeholder has agreed to allow me to extend […]

Are NEW Landlords Building On Solid Foundations?

8th September 2022

New landlords continue to enter the UK property market every day, despite reports of many established Landlords exiting. Are these new Landlords naïve or do they know something we don’t? I think the answer is somewhere in between. For starters, they don’t have to worry about Section 24 because many of them are advised by […]

Council extends its home purchase scheme to landlords

8th September 2022

A Scottish council says it will, for the first time, consider buying homes from private landlords and allow the tenant to remain in the property as a council tenant. This will, the council says, help prevent homelessness and increase the council’s housing stock. The scheme might appeal to landlords in the area after the Scottish […]

rental refiorm uk landlord sell up property118.com

Rental reforms will see one in five landlords sell-up

8th September 2022

A third of UK landlords believe that rental reforms are currently the greatest threat to the market, with one in five (20%) planning to sell as a result. That’s the verdict from Simply Business who have surveyed more than 600 buy-to-let landlords as part of their Landlord Report. It reveals what landlords think about rental […]

HMO crackdown Blackburn council landlord tenants property118.com

Another council unveils HMO crackdown

8th September 2022

Residents in one council area are being asked to have their say on a proposed crackdown on new HMOs. Blackburn with Darwen Council is looking to impose a ban on properties being changed into HMOs without applying for planning permission. The process is called an ‘Article 4 Direction’ and the local authority wants to introduce […]

UK's average house price landlords property investment property118.com

UK’s average house price hits record high

7th September 2022

The UK’s average house price increased in August to reach a record high – after a slight fall in July, the latest Halifax House Price Index reveals. Their data shows that house prices increased by +0.4% in August, after falling 0.1% in July. However, the annual rate of growth has eased to +11.5% – from […]

Liz Truss unveils Simon Clarke as the new housing secretary

7th September 2022

Simon Clarke has been appointed as the new housing secretary as part of the Liz Truss’s new cabinet. The MP for Middlesbrough South and East Cleveland was widely expected to be given the job. He has been an MP since 2017 and yesterday he tweeted: “Delivering on Levelling Up for communities in all parts of […]

Meet Mark Smith (Barrister-At-Law) Landlord tax planning strategies – PPN Bristol

6th September 2022

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers, will be presenting in person an overview of several landlord tax strategies at the Progressive Property Network Bristol meeting Thursday 15th September. The Bristol PPN Meeting venue will be the Aztec Hotel & Spa, Aztec West, Bristol, BS32 4TS and hosted by Paul […]

Scotland’s rent freeze will see landlords ‘remove their properties’

6th September 2022

In a bid to help tenants struggling with rising bills, Scotland’s First Minister Nicola Sturgeon has announced a rent freeze for private and public rented properties. The rent freeze starts immediately and will be in place until the end of March next year – and the government will also introduce a moratorium on evictions during […]

Government warned: rental reforms are a charter for anti-social behaviour

6th September 2022

The government’s plans for reforming the private rental sector will become a charter for anti-social behaviour without urgent changes, MPs have been warned. The warning was made by Ben Beadle, the chief executive of the National Residential Landlords’ Association (NRLA), as he appeared before MPs on the Levelling Up, Housing and Communities Select Committee. The […]

elegraph logo used in rebuttal to article on landlord tax structures

Are you thinking of selling up after Sturgeon’s Rent Freeze?

6th September 2022

The Telegraph Money desk is covering Nicola Sturgeon’s announcement that she will bring in rent caps. We’re looking to talk specifically to landlords who are selling up now as a result of this decision, or who are thinking of selling up, about how this decision will destroy your business plans and profit margins. Are you […]

Hand writing the word "VALUES" in red marker to highlight property valuation topic

Valuations are down?

6th September 2022

After several years of onerous taxes regulations etc. etc. I finally put my London flat on the market for sale. I got the asking price of £550k but the buyer’s valuation is 5% below the asking price at £525k Options could be: 1. Take it on the chin? 2. Remarket it hoping a different valuer/ […]

new scam landlords tenants property118.com

A seemingly new scam for landlords to be aware of

6th September 2022

Hi, I would like to highlight tenants taking advantage of the landlord and Universal Credit and the likes of Shelter, the local housing office and Citizens Advice Bureau being complicit in helping them defraud the landlord and government. In October 21, I let a flat to a ‘Spanish’ couple who were actually Romanian but had […]

More than half of landlords view buy-to-let properties as a 'pension' property118.com

More than half of landlords view BTL properties as a ‘pension’

6th September 2022

Landlords that have reached the state pension retirement age of 65 are generating a net income of more than £10bn, according to new research. The findings come from property consultancy Savills who have analysed the latest English Private Landlord Survey and found that more than half (54%) of landlords in England are using buy-to-let properties […]

Lizz Truss Prime Minister landlords property118.com

Property sector gives its views to the new PM, Liz Truss

6th September 2022

After weeks of campaigning, Liz Truss is the country’s new Prime Minister – and the property industry has already reacted with views on what she should do to help. While Ms Truss has made clear that she wants to cut taxes, she also said during her campaign that she wanted to simplify the planning process […]

Oxford private landlord licensing scheme property118.com

City’s private landlord licensing scheme is launched

6th September 2022

Landlords who rent out private homes in one city are now subject to a mandatory selective licensing scheme – the first one outside of London. And the council has also unveiled plans this week to close a loophole that sees landlords renting out properties as short lets having an unfair advantage over local hotels because […]

Tax penalty for reducing carbon footprint?

6th September 2022

Hi, Like a good number of fellow residential landlords I am exiting the PRS in favour of a holiday let and am currently waiting to complete. For my chosen property, as the hot water demand by holiday guests will be substantially greater than with residential use (think 6 people having a shower at the same […]