Page 413 – Property118
Ministry of Housing, Communities & Local Government

Updated government guidance on home moves for vaccinated and unvaccinated

9th January 2022

The housing market in England remains open. This means that people looking to move home can both continue with planned moves and view new properties to move into in the future.  >> https://www.gov.uk/guidance/moving-home-during-coronavirus-covid-19 Private rented and social housing sectors: Those renting a property, letting agents and landlords should be aware of and follow the government […]

Kitchen Conversion – Planning Permission?

9th January 2022

Hi folks, Hope you are all well. I am going to buy a house and can see the following applications regarding this property on the council website.: 1: Kitchen extension to property Address Ref. No: xx/xxxx/FUL | Validated: Wed 21 Jan 1987 | Status: Pending Consideration 2: Kitchen extension to property Address Ref. No: xx/xxxx/FUL […]

Land transaction tax in Wales?

9th January 2022

I sold my home in Wales in March 2020, and I moved in with elderly parents who needed care during lockdown etc. I paid support for my parents in their home, so I now wish to buy a neighbouring bungalow next to them which will cost me £260k, and I will pay cash. I understand […]

Smart Buy To Let For 2022

9th January 2022

Buy to Let (BTL) is a smart strategy for 2022 property investment, but only if you do it right. The old way of Buy to Let simply doesn’t work anymore. In this video, I’m going to explain why and what is the smart way to do UK Buy To Let successfully in 2022.

The Right Investment Strategy Pitched With The Wrong Deal

9th January 2022

Sukha Sandher pitches for funding for a freehold shop development. If you follow my channel, you’ll know that I believe Commercial to Residential conversions is the best property investment strategy in 2022. However, you need to educate yourself on what to look for, as not every commercial property is a deal. Watch as the Angels […]

The most complete rent guarantee policy on the market

7th January 2022

Lettingsupermarket.com are pleased to be able to offer what we believe to be the most complete rent guarantee policy on the market. Food and energy bills are increasing significantly, with some people seeing up to a 50% increase due to the energy crisis, fuel prices are on the up, there is risk of redundancies following […]

Possession claims could double this year

7th January 2022

I believe Possession claims will double this year, and if anyone needs assistance with evicting a tenant or debt recovery you can email me personally on [email protected] We ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter […]

HMRC waiving late filing and late payment penalties for one month

7th January 2022

HMRC is waiving late filing and late payment penalties for Self Assessment taxpayers for one month, giving extra time to complete 2020 to 2021 tax return and pay any tax due, BUT Interest will still be payable from 1 February. HMRC is encouraging taxpayers to file and pay on time if they can, as the […]

Annual house price inflation highest since 2003

7th January 2022

The December Halifax House Price Index has just been released, with the average UK property price now hitting £276,091. House prices increased by over £24,500 in 2021, the largest annual cash rise since March 2003. However, they are expecting House price inflation to slow in 2022. Wales remains by far the strongest performing nation or […]

Can I make a stand by stop paying ground rent or service charge?

7th January 2022

Dear all, We bought a leasehold ground floor flat (no basement below) in a mansion block a few months ago. During the conveyancing process, our Home Buyer report highlighted possible rising damp in the flat and suggested us engaging a damp specialist surveyor to carry out an independent Damp and Timber Decay survey, which we […]

One tenant wants to leave?

7th January 2022

Hi 118 readers, I wonder if someone might be able to advise me, please. I have a couple renting a house, and their initial 6-month tenancy expires next week. I have had an email from one of the tenants informing me that she would like to leave the tenancy as she has split with her […]

New Switch and Further advance product for incorporated and individual landlords

6th January 2022

Paragon has launched a range of switch and further advance products for portfolio and non-portfolio landlords for the New Year. Across both portfolio and non-portfolio ranges, rates start at 2.95% for landlords who are looking to switch to a new product, while further advance fixed rates start at 3.40%. For portfolio landlords, those with four […]

37sqm Flats Too Small?

6th January 2022

The Guardian reports that 37sqm flats are too small for property development, but this is simply not the case, exploring this with me is Andrew Roberts in this episode of Property Breaking News. Please click on the video below:

Avoiding the additional stamp duty by transfer of deeds?

6th January 2022

I bought a 2-bed flat in 2016 in Scotland as my main residence for £167k and have £77k left on the mortgage, the flat I believe now to be worth only ~£90k. I moved back to England and bought a second home in 2019 (main residence) for £267k with £200k left on the mortgage, the […]

Deposit recovery after vexatious bullying claim and no address?

6th January 2022

A tenant of mine left my flat with about £7,000 rent arrears: £6,300 during the tenancy and another £750 or so after refusing to vacate, and only leaving after a possession order hearing date had been given. I have a £5,000 CCJ, which he is required to pay £200 per month. I’m trying to reclaim […]

What Is Permitted Development?

5th January 2022

Today we’re going to be talking about Permitted Development on Sky TV’s Property Matters. In 2013-2015, the government introduced Permitted Development Rights (PDR), but what exactly are they? Watch to find out. Whether you are a new or seasoned developer, this video is a must-watch for all property investors.

Deed of Trust to Spouse or Ltd Company to reduce Tax?

5th January 2022

I am a high rate income taxpayer with 3 Buy to Let properties in my sole legal name. All three properties have an outstanding mortgage on them. I am a UK citizen married to a US Citizen, we are both UK residents. My spouse and I both own a Ltd company. My spouse takes a […]

Consent To Let Problem?

5th January 2022

Between Christmas and New Year, we became aware of a problem regarding consent to let on our home. I bought a property a while back and in 2018 was offered a job elsewhere. I called my lender, HBOS, and had a lengthy interview, discussion and debate about consent to let. I was told that this […]

Renting out our main residence?

5th January 2022

We have a shared 25% ownership apartment with a mortgage in London which is currently our main residence, and we need to move to the Northwest for 1 or 2 years. We would need to rent out our London apartment for financial reasons during this period and would like to purchase a property in the […]

Don’t use the ‘L’ word

5th January 2022

The majority of the Buy to Let community say they would prefer not to be called “landlords”, according to research from mortgage intermediary Mortgages For Business. Some parts of the US media, including regional divisions of NBC, have reportedly stopped using the word “landlord” due to complaints from the community. When it came to the […]

A Conservative Government should restrict the purchase of Buy to Let properties?

31st December 2021

Writing in Conservativehome a former Conservative parish councillor, Sam Clark, argues for a more interventionist approach to the housing crisis by restricting BTL rather than encouraging large scale new developments. His fear is that Tory voters will perceive the government as wanting to concrete over their areas, and a vote for them will end up […]