The wildfires are out but are disputes on the horizon?

Common parts fire risk?

18th July 2022

Hi, I have several flats in conversions in two-storey buildings. Yes converted pre 1991 Building Act. On viewing properties to buy I notice several now have a wired fire alarm and emergency lighting to the common parts. However, in my opinion, as an experienced architect and chartered surveyor (retired) where the staircases/escape routes are very […]

Window opening onto a neighbour’s shared courtyard?

18th July 2022

We rent a recently refurbished a terraced cottage with upstairs windows at the back of the property opening outwards onto a neighbour’s shared courtyard. The neighbour who shares the courtyard with others has requested we either replace our windows with sash-opening windows or request our tenant keep the windows closed to prevent the windows from […]

The Platinum standard for the future of HMOs

18th July 2022

When I tell people I’m the managing director of a property investment franchise specialising in HMOs, I’m often met with scepticism. Scummy, rogue landlords profiteering off younger generations, robbing them of an opportunity to buy their own home. Landlords are bad, greedy people, tenants are anti-social, destructive and will never pay… or at least that’s […]

Absent Owner and Nonpayment of Management Fees?

18th July 2022

The owner of a flat in a development where I also own a property has not paid any fees or ground rent for at least four years and current arrears are approaching £5000. I understand the flat, which was inherited by the current owner at that time, is in a poor state of repair and […]

Construction Industry Scheme – CIS don’t get caught out

18th July 2022

The Construction Industry Scheme, or CIS for short, is an HMRC scheme to prevent the loss of tax receipts from contractors, and sub-contractors that didn’t always file or completely fill out tax returns. It covers a wide range of activities and in simple terms, the contractor withholds the tax as they pay sub-contractors and account […]

Managing a mini HMO?

18th July 2022

I recently exchanged and completed on a mini 3-bed HMO with 3 sitting tenants in situ on 3 different ASTs. There is a management company in place who have been managing the mini HMO under a selective licensing scheme. I am now required to apply for an additional HMO license in the next 30 days. […]

10 Top Tips To Succeed In Property In A Changing Property Market

16th July 2022

The Property Market is changing, hence I’ve put together 10 top tips to succeed In property over the coming years. Each tip comes with its own associated video from our back catalogue for you to enjoy. All links can be found below. 00:00 | Ten Tips Videos – https://youtube.com/playlist?list=PL2… : 02:12  The BRRRR Strategy – […]

iHowz Publish their Response to White Paper

15th July 2022

iHowz landlord association have published their response to the Government’s White Paper “A Fairer Private Rented Sector” They have sent their response to the new Minister, Greg Clarke, and have also sent it to other landlord associations, in an effort to identify any additional issues and present a united front when MPs return to the […]

Next incumbent of No.10 needs to address the PRS supply crisis

15th July 2022

The next Prime Minister must address the supply crisis in the private rented sector if homeownership ambitions are to become a reality. That is the warning from the NRLA as new survey data shows that the supply of homes to rent is likely to keep falling over the next year. According to this research, by […]

RICS predicting rents will continue to rise in the coming three months

14th July 2022

The latest RICS Residential Market Survey indicates rents are forecast to rise in the lettings market, due to the continued imbalance between supply and demand. This month +36% of agents reported an increase in tenant demand and -11% saw a fall in the number of new landlord instructions. This is resulting in +52% of respondents […]

Local Authority insisting on trivial repairs?

14th July 2022

Hi Folks, Recently had a tenant run to environmental health after I told her I’m not willing to re-house her or lower the rent. Anyway, met the officer down there yesterday (after 3 days notice) to go through the place with the tenant to find that very little needs doing, as I suspected. Anyway, opened […]

How can the police decide it’s not criminal?

14th July 2022

Hello everyone, I have had a story of one of my trashed properties make it into the Salisbury Journal >>  https://www.salisburyjournal.co.uk/news/20273464.wiltshire-landlord-pays-30k-repairing-destroyed-house/ “A Wiltshire landlord paid out £30k in repairs following fears her nightmare tenant would “blow up the house”. “Kathy has been a landlord for more than 30 years, but says the tenant she dealt […]

Capital gains tax on rented property that was 50/50 but now 99/1?

14th July 2022

I have just sold a rental property and am slightly unsure regarding capital gains tax. We made a profit of £77,000. The property was originally bought in joint names 50/50 basis with my husband, but we changed a few years ago as he is now disabled so I owed 99% and he owns 1%. Does […]

Six agents excluded

14th July 2022

Between April and June 2022 (inclusive), six agents were excluded from The Property Ombudsman (TPO) for failing to pay a compensatory award. The excluded agents include: Kingdom Property Services Ltd, a sales and lettings agent in Slough, Berkshire. TPO found that Kingdom Property Services failed to transfer over rent (£1,726.99) to the landlord. The tenant […]

Abandoned car – can I remove it?

14th July 2022

My evicted tenant remains non-communicative and I’m just glad to have the empty property back. The neighbours now tell me a car in the communal private parking area belongs to the tenant. It has not moved for months and the keys are hanging up in the flat. My letting agent wrote to the tenant and […]

The relevant parties that own the missing head lease are deceased?

14th July 2022

My partner is the executor, of his parent’s house. In his mum’s will, it is to be sold and divided between him and his 2 brothers. Just when everything was going, the land registry refused, due to the missing head lease. However, we gave every bit of information we had in his mother’s name when […]

My first time?

14th July 2022

Hi everyone, After 15 years of being a landlord and housing over 20 tenants I have my first non-payer! I have always built good trusting relationships with my tenants and always rent on an all-inclusive basis with no bills etc. This one tenant after all this time has lied, tricked and deceived over last year […]

7 Steps For Recession Success Over The Next Five Years

13th July 2022

7 steps to succeed in recession over the next 5 years presented by Ranjan Bhattacharya at the Baker Street Property Meet. History is repeating itself, it’s like we’re back in the 1980s! However, Uk property investors can use this past and present data to predict the future of property over the next five years and […]

Property Redress Scheme Seeks 15 New Advisory Panel Members

12th July 2022

The Property Redress Scheme (PRS) was launched in 2014 and is the UK’s largest lettings redress scheme with over 13,250 letting agency branches covered. All estate agents, lettings agents and property managers in England and Wales must become members of such a scheme with the fine for non-participation up to £5000. The Government’s intention in […]

Your last chance to sell your property portfolio for the best price

11th July 2022

You may think that you’ve missed your chance to sell a property portfolio for the best price, but surprisingly, the markets are showing otherwise. According to the Halifax, property prices are defying the current economic downturn by continuing to rise. However, the situation cannot last, and price growth is almost certain to slow soon, with […]

Unsatisfactory EICR rating relating to a cooker!

11th July 2022

Hi All, when I conducted an EICR last year, I received an ”unsatisfactory” rating C2. Due to ”6mm cable on 40a mcb”. Looking at the details in the schedule at the back, this is in relation to the Cooker. Details are as follows for any electricians who can provide some advice, on whether the rating […]