Page 381 – Property118

Isn’t it the same for Private Landlords?

21st March 2022

Interesting article stating that social housing providers are having to divert money put aside for essential property maintenance to adhere to safety reforms: Click here Have they forgotten about private landlords here too? This is going to cripple the private sector without adding in the fear of heavy fines and prosecution (for which SHP’s seem […]

Charge rent whilst flat being reinstated?

21st March 2022

If a tenant leaves the property in a mess that requires cleaning and walls repainted, can you charge them rent whilst you get the flat ready for the next tenants? The flat was redecorated and professionally cleaned before tenants moved in, and they’ve only been in the flat 1 year – contract says return flat […]

Providing landlords with an exit solution to the looming portfolio “crisis”

21st March 2022

There’s no doubt that this year is shaping up to be a difficult one for landlords, with almost every news source reporting yet another issue for our buy-to-let portfolios, it’s hard to find the silver lining to continuing to own so many properties. It’s left many of us questioning: are the looming bills, regulations and […]

NRLA mourns loss of John Stewart

21st March 2022

The National Residential Landlords Association is sad to confirm that its Deputy Director for Policy and Research, John Stewart, passed away over the weekend after being diagnosed with cancer. Ben Beadle, Chief Executive of the NRLA said: “We are desperately sad to learn of John’s passing. “During his time at the NRLA, and prior to […]

Shadow White Paper for Wales

18th March 2022

Today, in its Shadow Wales White Paper, the National Residential Landlords Association (NRLA) sets the future direction necessary for a fairer, more inclusive PRS in Wales. The Shadow White Paper, entitled “The Future of Private Renting in Wales”, sets out the NRLA’s proposals including an analysis of why the introduction of rent controls would have […]

Wear and tear or?

17th March 2022

I have just had a tenant move out. My understanding is they should leave a place as they found it. Immaculate when she got it, but now it’s a dirty tip, belongings everywhere (which I can deal with no problem) looked like it hadn’t been hoovered or cleaned in over a year. I expect a […]

Will helping mean prosecution by Councils?

17th March 2022

Will helping Ukrainian refugees lead to thousands of homeowners and renters being prosecuted by councils for unlicensed HMOs (Like councils prosecuted those who housed the homeless during Covid)? Thousands of people appear to be being set up for prosecution by uncaring and revenue greedy councils on the back of the UK response to the humanitarian […]

Neighbour just handed me outrageous bill?

17th March 2022

I had a leak in one of my rental flats and the neighbouring flat had a bit of dampness on the wall. My builders came round and tidied up the leak and offered to repaint his side too for the little bit of discolouration. He didn’t say anything. It all went quiet, and now he’s […]

Red F1 help button on Keyboard

Lewisham Landlord Licence required?

17th March 2022

Hello everyone, Some licensing help if I may, I’m a little confused about Lewisham Council licencing. I let out a 3-bedroom split-level Victorian terrace maisonette conversion aka ‘a 3-bed flat’ to 3 unrelated professionals, and I’m trying to ascertain if I’m required to apply for an HMO licence or not. I’m finding the information on […]

Do I pay for boarding-up after police force entry?

17th March 2022

I’ve got a flat that was empty for a few weeks as the tenants went on holiday. A neighbour on the second floor hadn’t seen them for a while…and thought he could smell something from my flat. He contacted the agents who look after the block at about 10:30pm. Unwilling to wait for a response, […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank Base Rate increased by a cautious quarter to 0.75%

17th March 2022

The Monetary Policy Committee (MPC) voted by a majority of 8-1 to increase Bank Rate by 0.25 percentage points, to 0.75%. Only one Dove this time preferred to maintain Bank Rate at 0.5%, but there were no Hawks looking to increase the rate by 0.5%. Considering the majority of inflationary pressure is coming from external […]

Our solicitor says don’t buy it – Step away?

16th March 2022

Hi, my partner and I are trying to buy a whole house that has a self-contained basement flat included. We have found out this basement flat has a mortgage on it in the name of the seller’s business. (No tenants) The lease on the house above is owned by him and his wife, and the […]

Landlord Action to feature on ITV’s Tonight programme

16th March 2022

This week, ITV turns its attention to the Private Rented Sector in Britain’s most popular current affairs programme Tonight, Losing Your Home: the True Cost, featuring Landlord Action’s Paul Shamplina. Tonight, which airs on Thursday 17 March at 8.30pm on ITV, is set to examine the Private Rented Sector where thousands of people risk losing […]

Commercial Tenant and Insurance Claim?

16th March 2022

Our tenant had an attempted burglary and the shop door needs to be replaced but has to be made to fit as it is not a standard size. We as the owners of the property will probably have to go through the insurance to cover this. The contract is not very detailed, which is an […]

Ride the Digital Currency Bounce Back Wave

16th March 2022

Many property investors are making money in Digital Currency to use as deposits for their property investing. Property investing and digital currency investing can complement each other very well. If you are quick, you could benefit from one of the biggest rises in Digital Currencies in history, expected to happen later this year. In 2021, […]

NIC class 2+4 mandatory or not – Unanswered question?

16th March 2022

This financial year 20/21 my wife and I retired and I have decided to do our own tax returns. We have 2 rental properties, the last purchased 10 or so years ago. From the gov.uk website I believe we do not constitute a business, and therefore do not have to pay mandatory NIC. I have […]

Now is a good time to check your property portfolio’s performance

16th March 2022

The past year has seen the UK property market defy all expectations, and, as 2022 gets underway, it still seems that the only way is UP! The media is reporting property price rises, rent rises, increasing tenant demand, and lack of landlord stock. So, for landlords, the picture is rosy … or is it? These […]

“Pop-Up” HPPM property networking event at the London Hard Rock

15th March 2022

Join us for quality property networking at London’s Hard Rock Hotel – in support of Humanitarian aid for Ukraine Tuesday, 22 March 2022, 18:30 – 21:30 GMT: Click Here to join us About this event The British public helped to raise over £150 million in a single week for the Disaster Emergency Committee Ukraine Humanitarian […]

Close-up detail of engraved eye from British currency representing financial focus and interest rate changes

Little more than half the savings market can beat base rate

15th March 2022

Base rate beating savings deals plunge to lowest level in over a decade with the Moneyfacts UK Savings Trends Treasury Report data showing little more than half of the savings market (55%) can beat base rate, despite an uplift to savings rates month-on-month. This is before we get the next expected interest rate increase by […]

Maximise rental income and capital value with a Refurbishment Buy to Let

15th March 2022

A Refurbishment Buy to Let product helps landlords maximise rental yield by refurbishing a property whilst it is vacant. This product brings together the flexibility of bridging finance with an exit to a Buy to Let Mortgage. There is only one application and the same valuer for the initial valuation and the re-inspection. It also […]

Why Commercial Property will be the next wave in property appreciation

15th March 2022

Successful investors are able to spot trends before they happen. Dr Dolf De Roos, author of International Best Seller “Real Estate Riches”, who invests in both residential and commercial property, believes that Commercial Property will be the next wave in property appreciation. There is a huge amount of commercial property available due to the fallout […]