Hi everyone, I own a property in a Victorian building with four other owners. We had a fire risk assessment carried out in 2013, and I am wondering if there is a legal requirement to have this upgraded or reassessed, assuming the original recommendations were implemented at the time? Many thanks Lusso Editor’s Note: From […]

Hi, I realise I need professional assistance for this, which I plan to do in the following weeks, but I am wondering if anyone has any advice. – I bought a property with a short lease of 26 years remaining. The property was approx £100,000 with an estimated cost of £70-80,000 to purchase the freehold. […]

Leasehold reform in motion with the first groundbreaking leaseholder reforms becoming legislation, ending ground rents for new, qualifying long residential leasehold properties. Independent Buying Agents, Haringtons, reflects on the long-requested need to transform leasehold agreements and what impact this will have on the property sector.  Nina Harrison, London specialist at Haringtons comments, “This first stage […]

If you are a private (unincorporated) landlord, 31st January 2022 was the last day to pay your tax on your rental profits for the 2020/21 tax year without incurring penalty interest. Were you shocked at your tax bill this year? Below is an example of a private rental business owner who consulted us last Summer. […]

UKALA has cautioned Landlords and letting agents to act now to avoid potential problems following the announcement that the government intends to pass legislation to extend the requirement to install carbon monoxide alarms in all rental properties in England with fixed combustion appliances. Previously the requirement only applied to solid fuel appliances. Social housing will […]

We have Let to Buy (LTB) mortgage offers, but they are conditional on the freehold not being held in my name. How can we get past this with minimal tax implications and expense? Time is of the essence as we have a new build we are due to exchange on very, very soon. The freehold […]

What’s in store for London Property Prices in 2022? In this video, I’m going to be sharing with you some of my predictions, and I’m also going to share with you my top tips on where you should be looking to invest to make property investment profitable in London. Please click on the video below:

The council is just about to release money held in a deposit Bond which I now have to protect in the DPS scheme. The Bond is held with the Council as such time the tenant pays the total amount of it, to them (spread over 2 years). At the time the deposit bond was 5 […]

Consumers looking to take out a holiday let loan to satisfy a rise in demand for UK holidays will find a notable rise in product choice since 2020. According to analysis by Moneyfacts.co.uk, there are now more than 200 deals available in this niche arena, treble that of August 2020 and a rise of 25% […]

My dad wants to create a limited company under mine and my brother’s name and then buy land with it. He plans on building something commercial and might take out a loan. He said he would put the land and company under mine and my brother’s name. This is just in the discussion phase, and […]

Ome is today launching a new platform for its members which will further improve the overall experience of deposit free renting and the customer journey for Ome’s Deposit Replacement members. The innovative new portal, which has been in development since the middle of 2021, follows extensive research into how to create a much slicker customer […]

The Court of Appeal in the case of NORTHWOOD (SOLIHULL) LIMITED and VICKY COOKE has found in favour of the Landlord and Agent: Click here to read the full judgement. The Solihull branch of agency chain Northwood tried to evict a couple who stopped paying their rent in 2019 using section 8. The tenants Mr […]

When looking for a comparison of typical Private Rental Costs v Income I struggled. The Tax return asks for number of properties [SA105 box 1], Income from rent & property [box 20], They ask for Expenses- rent, rates, insurance, ground rent [24] repairs & maintenance [25] allowable finance costs [26] legal, management, professional [27] Less […]

23% of private landlords faced rental income losses as a result of the COVID-19 pandemic. With those landlords affected almost twice as likely to sell property as those who were not, the National Residential Landlords Association is warning that the pandemic has exacerbated a supply crisis now facing tenants. A new poll by YouGov for […]

A landlord client has bought a probate sale property that is not quite dilapidated but is barely habitable (depending on your definition of ‘habitable’). There is central heating but no boiler. The place is filthy, and he intends to take the house back to the bare brick and completely remodel it, extending the square footage […]

While reading the new Welsh Contract holder regulations due to come into effect, it left me with questions, I have many but the main three are:- Firstly – Is it correct that tenants (sorry contract holders) can terminate a fixed-term contract at any time, just by giving 4 weeks notice? This seems stupid that the […]

Should you invest in Buy to Let (BTL) or property development as your property investment strategy? This video has the answer. Not only will I go through the advantages and disadvantages of Buy-To-Let and UK Property Development, but I also show you how you can reap the benefits of them both.

Hi – my letting and managing agent closed their local office and made the staff redundant, without informing me, or other landlords and tenants. They tried to keep it secret, by re-routing phone calls and emails and saying the local manager was away, but after much digging and delving, I managed to find out that […]

The court has granted me S21 possession, vacate date was 18 January. The tenants had promised to move out on 18 Jan, but again they lied, and still refuse to leave, and now this “blackmail” from them to lie to the council. Tenants texted to say they have viewed a few council houses, and the […]

As house prices continue to rise, demand for rental properties may well remain strong. The latest data from Moneyfacts.co.uk outlines what landlords and those interested in investing in the sector may face as we begin 2022. After a rise of 222 products month-on-month, the year began with 3,528 total products on offer to landlords, the […]

This last year has been an incredible one for Landlord Sales Agency. From entering the market as the top landlord portfolio exit specialists to delivering on our promises to Property118 landlords to sell their entire portfolios, we’ve seen success stories time after time. With so many landlords coming to us to sell their portfolios whilst […]