Page 403 – Property118

Welsh government extends 6 months notice to 31st December 2021

22nd September 2021

The Minister for Climate Change has confirmed the regulations under paragraphs 1(2) and 14(1) of Schedule 29 to the 2020 Act have been extended until 31 December 2021. Six months’ notice is required for notices served in respect of all protected tenancies; statutory tenancies; secure tenancies; assured tenancies; assured shorthold tenancies; introductory tenancies; and demoted […]

The Energy Price Crisis and what this means for Property Investors

22nd September 2021

The Collective, the world’s LARGEST HMO, is going into administration despite a rent roll of £550,000 per month and Energy costs are likely to quadruple! Join Andrew Roberts and me, as we have some solutions for savvy property investors to help mitigate the increase in energy prices. Please click on the video below:

elegraph logo used in rebuttal to article on landlord tax structures

The Telegraph needs help from investors

22nd September 2021

Hello, my name’s Melissa Lawford, I’m the property correspondent at The Telegraph. I’m writing an article about how the pandemic has reshaped the market and has created new investment opportunities in different places. I’m keen to talk to landlords who have recently invested or are planning to invest, in buy-to-let in new areas, because of […]

Treat us fairly

22nd September 2021

Following Michael Gove‘s appointment as Secretary of State for Levelling Up, Housing and Communities the property industry is still considering how warmly to receive the new postholder. A new survey from LettingaProperty.com has revealed precisely what those in the property sector think of the new appointment, along with their top concerns. Calls for landlords to […]

Rent arrears in first Covid wave dwarfed by the second

22nd September 2021

The latest research by Barrows and Forrester examines the true impact of the COVID-19 pandemic on landlords due to rent arrears among private rental tenants in England, revealing that the total amount of arrears during the initial wave of the pandemic was dwarfed by arrears during the second. There are 4.8 million private rented households in […]

Cut the rhetoric and focus on policy

21st September 2021

With the ink barely dry on the new SNP and Scottish Greens co-operation agreement, the Scottish Government is keen to forge ahead with its plans to create a “new deal for tenants”. Ahead of the recent announcement that he would be the new Minister for Tenants’ Rights, Patrick Harvie took the opportunity to set out […]

HELP we have 3 personal BTLs with 3 different lenders and want to incorporate?

21st September 2021

Hi there all, We have three BTLs with three individual mortgage providers which are Virgin Money, Santander and Halifax in personal names obviously section 24 and the tax implications are an issue. We are looking for some guidance on whether we will have to refinance all the properties to be able to move them into […]

Death Bed Tax Planning For Landlords

21st September 2021

None of us are immortal, so death bed tax planning strategies are important for us all to know about. On that basis I make no apology for what some might perceive to be such a taboo topic. This Case Study is based on a married couple with children, which fits the profile of most but […]

Nimby Michael Gove MP set to HALT biggest planning overhaul ever

21st September 2021

Michael Gove MP Famous for stabbing Boris Johnson in the front in the leadership campaign after the BREXIT vote is to head up the new government Department of Levelling Up Housing and Communities and is set to HALT the biggest planning overhaul ever. Some Pundits claim his appointment is to drive through planning reforms already […]

Government now admit many landlords are highly vulnerable to rent arrears

21st September 2021

Failure to address COVID rent debts shows Government has given up on those struggling through no fault of their own. Private renters and landlords across the country face a cliff edge as the end of furlough coincides with cuts to benefit support. With Bank of England warnings indicating that renters are more likely than any […]

Ministry of Housing, Communities & Local Government

Renamed – The Department for Levelling Up, Housing and Communities

20th September 2021

Where is the mention of Housing and the Housing Market as a priority? The Ministry of Housing, Communities and Local Government has now been catchily renamed the Department for Levelling Up, Housing and Communities as the Government with former Bank of England Chief Economist, Andy Haldane, appointed as the new Head of the Levelling Up […]

Cautionary tale to include fire cover clause in AST!

20th September 2021

We own a small bungalow that we rent out via an agent. We picked a local agent as the property is too far away from our home and neither of us has the specialist knowledge to self manage. Over the Bank Holiday, we received a call from the agent to say overnight the property had […]

One year and £35k to evict a COVID rogue tenant

20th September 2021

The latest property market analysis by Benham and Reeves has revealed that the costs incurred by UK landlords who have been unfortunate enough to encounter a nightmare rogue tenant during the pandemic. While the vast majority of tenants are respectful and treat their rented homes with great pride and care, rogue tenants remain a professional […]

Meet Mark Smith (Barrister-At-Law) at the Hyde Park Property Meet 23rd Sept

17th September 2021

Zoomed out? Fed up with online technical gremlins? Well, we’re back, LIVE and we’re bigger and better than ever! 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 London Hyde Park Property Meet on Thursday the 23rd September 2021. […]

2021/22 UK Property Market Forecast

17th September 2021

I share my predictions for the UK property market in Autumn 2021 as well as the property market outlook for 2022. There are exciting opportunities ahead for well-informed property investors. Make sure 2022 is your year! What’s covered in the video: 0:00 | Intro 1:22 | Property prices in August 2021 2:45 | Market ‘Blips’ […]

Section 24 Tax Loopholes

17th September 2021

Section 24 Tax only affects private Buy to Let landlords who are higher rate tax-payers. This is because finance costs are no longer regarded as a legitimate business expense for private landlords. Instead, a tax credit of 20% of finance costs is applied to reduce your tax bill. Section 24 Tax Loophole #1 If you […]

How To Get a Bigger Loan on Low Yielding Rental Properties

16th September 2021

If a landlord wants to raise maximum finance on a property with a very low rental yield, the mortgage amount might well be restricted based on rental income. However, with “Top-Slicing” this needn’t be the case. Why would a landlord want to own a low yielding rental property in the first place? Well, one example […]

Holiday Let Purchase – Best Through A Company Or Not?

16th September 2021

Like so many other Landlords, we’re at a crossroads at present, and about to diversify into the Holiday Let business. It’s something we’ve explored before, especially as two of our BTL properties are cottages in a tourist area, which cottages.com and others have been keen to put on their books, but we decided (luckily when […]