Page 422 – Property118

Scottish Landlords and Tenants love their pets

14th May 2021

According to Google Trends, searches for “pets” has increased by 60% over the last three years. As a nation of pet lovers, more than two in five bought a puppy to be their Covid-19 companion, and two-thirds agreed that their dog was a “lifeline in lockdown”. Mashroom has researched the most pet-friendly cities in the UK, […]

How do I create a lease without triggering CGT or SDLT?

14th May 2021

Hi, My partner and I (not married) have developed a pair of semi-detached properties that we owned jointly in personal names and converted into 5 flats. We are now selling off 4 of the flats. My question is because I have been advised that the leasehold of the flats can not be in the same name […]

5 Top UK Buy To Let Property Investment Hotspots

13th May 2021

Where to find property investment hotspots for Buy To Let (BTL) in the UK. In this video, I go through the top 5 Buy To Let Hotspots in 2021 and the number one best strategy to capitalise in hotspot areas. Please click on the Video below: 

Revised Right to Rent requirments from 21st June

12th May 2021

The temporary adjustments to the right to rent check introduced on 30 March 2020, due to COVID-19, are ending. From 21 June 2021, you must check the prescribed documents as set out in the right to rent code of practice and the landlord’s guide, published on GOV.UK at: https://www.gov.uk/government/collections/landlords-immigration-right-to-rent-checks. This means that when carrying out […]

Longer notice periods for tenants until at least October

12th May 2021

Renters will continue to be supported as national COVID-19 restrictions ease, with longer notice periods in place until at least October, Housing Minister Christopher Pincher announced. As part of a phased approach, notice periods – previously extended to 6 months as an emergency measure during the pandemic – will be set at four months from […]

Queen’s Speech 2021 – Leasehold Reform (Ground Rent) Bill

12th May 2021

“Laws (to modernise the planning system) will be brought forward, along with measures to end the practice of ground rents for new leasehold properties.” The above statement is detailed further in the Leasehold Reform (Ground Rent) Bill The purpose of the Bill is to: Tackle the inconsistency and ambiguity of ground rents for future leaseholders. […]

Rent debt crisis needs addressing with tapering of notice periods

12th May 2021

Responding to confirmation by the Government today of its plans to taper down emergency restrictions in the private rented sector, Ben Beadle, Chief Executive of the National Residential Landlords Association said: “Having operated under emergency conditions for over a year, today’s announcement from the Government is an important step in ensuring the sector’s recovery. “It […]

Should I risk changing the hearing date?

12th May 2021

Hi, I have been given a court review hearing date to recover my property. The review hearing is 7th June, however, today I have received a letter from my tenant saying she is going to move out on the 13th of June. Do I continue with the hearing, as may be a ploy for me […]

Business rates department £2000 rip off?

12th May 2021

We had commercial shop premises available for lease in February 2020. Our agent found a prospective tenant and heads of terms went to solicitors with a completion date of 27th March 2020. The Welsh Assembly (in line with the other 3 home nations) put Wales into full lockdown on the 23rd March 2020 and therefore […]

Buying tenanted property – What are our rights?

12th May 2021

I could do with some input, please. I’m buying a tenanted property and I don’t want to use the existing agent, but the tenants are still in the tenancy agreement with them, as set up under the previous owner. The tenants have already paid rent for the next two months to the agent who are […]

Change of rent payment date do I need extra paperwork?

12th May 2021

My tenant has asked to change their rent payment date as they have a change of wage payment date, which I am happy to do if it helps the tenant. Do I need to produce a variation of the terms document for them to sign as the rent payment date is stated in the rental […]

Can I be charged to tow tenant’s car?

12th May 2021

One of my tenants found an unknown vehicle parked in his allocated car parking space. After extensive enquiries, we found out that it was another tenant of mine who was responsible for this. Despite promises from the other tenant to move this car, she has still not done so, and the block management company say […]

Queen’s Speech 2021 – Landlord Reactions

11th May 2021

My Government will help more people to own their own home whilst enhancing the rights of those who rent. Laws to modernise the planning system, so that more homes can be built, will be brought forward, along with measures to end the practice of ground rents for new leasehold properties [Planning Bill, Leasehold Reform (Ground […]

NRLA feedback for government on rental reforms

11th May 2021

Responding to the Government’s commitment in the Queen’s Speech to publish a White Paper later this year on reform of the rental sector, Ben Beadle, Chief Executive of the National Residential Landlords Association said: “We welcome the Government’s commitment to publish a White Paper on reforms to the rental sector and consult widely before introducing […]

UC advances available with 24 months to pay back

11th May 2021

Around six million people across the UK are currently receiving Universal Credit, a financial benefit payment provided by the Department for Work and Pensions (DWP) intended to help those out of work or on a low income with daily living costs. As the pandemic continues to impact the economy, financial uncertainty is undoubtedly set to […]

Capital Home Loans (CHL) return to the market

11th May 2021

Capital Home Loans (CHL), you may remember them, the specialist buy-to-let lender is now lending again in England and Wales, through a select number of brokers. They are offering competitive rates and consistent criteria with a customer-centric approach. CHL will consider lending to Individual BTL investors, Portfolio Landlords and Limited Companies. The good news is […]

How liable would we be in the case of a fire?

10th May 2021

I am a Freeholder and Shared Freeholder of two Victorian conversions, each with 3 flats over 3 storeys including the ground floor. Whilst we abide by standard fire safety rules for example 30 minute fire doors, wired smoke alarms, no blocked access along fire escape route etc, I am wondering how liable we would be […]

Can I claim for damages from my Letting Agency?

10th May 2021

We have had problems with a tenant who has caused malicious damage to our property. With unpaid rent and the damage, it amounts to around £4,500. I have been told by my insurance broker that my landlords content insurance doesn’t cover malicious damage, although I haven’t, as yet, submitted a claim directly with the insurers. […]

RTM enforcing car park rules?

10th May 2021

I am a leaseholder of an apartment with a defined car park space in the basement. The RTM has re-introduced a local car park management company to ‘police’ the car park area. I always park in my allocated space. There is no public access to the car park as the entrance is by key fob. […]

Capital gains tax tips on family gifted property?

10th May 2021

My wife has a part-time job earning 12,000. Her mother signed over her house in 2002 giving half to my wife’s sister and half to my wife. My wife’s mother died in February, and they decided to sell the house. My wife’s mother was living there all the time apart from the last six months […]

Lucy Powell is new Shadow Housing Secretary

10th May 2021

Following the massive election disappointments in England last week, Sir Keir Starmer’s shadow cabinet reshuffle has included replacing Thangam Debbonaire as Shadow Housing Secretary with Manchester MP Lucy Powell. Lucy Tweeted: “Really pleased to become the Shadow Housing Secretary – some really big issues to tackle from cladding, housing crisis, private rented sector, homelessness and […]