Page 433 – Property118

UK housing market predictions

10th February 2021

In this video, I will be sharing my housing market predictions and some shocking stats and graphs that hardly anyone is talking about, which explain why property prices will not crash after March when SDLT holiday comes to an end. Please click on the video below: 

A CGT increase would freeze the PRS

10th February 2021

Proposals to increase Capital Gains Tax (CGT) would freeze the rental housing market making it less responsive to tenant demand. That is the warning from the National Residential Landlords Association ahead of the Budget on 3rd March. With the Office for Tax Simplification proposing measures to equalise Capital Gains Tax with income tax rates, the […]

Do I need a separate EICR?

9th February 2021

Hi all, I had a very comprehensive Domestic Electrical Installation Certificate for the work I had completed in August 2019 for me. I had 2 new fuse boards, socket switch plates changed and light fittings changed. Does this mean that I do not require the Electrical Installation Condition Report (EICR)? In other words, are these […]

Problem council tenant?

9th February 2021

Hi all, I had a tenant move into a 2 bedroom top floor flat on 1st January. When the previous tenants moved out they told us that there were problems with the people below, they would shout and swear and complain at every noise our tenants made, before this the previous tenants before them had […]

Changing a CT band – before, during or after?

9th February 2021

Am in the middle of converting a three-story flat (above a shop) into separate three flats – one on each floor. Am currently paying Council tax (CT) on the whole flat, but clearly, this needs to be amended, so each flat gets their own banding. Details on how to challenge the current banding are on […]

Private landlords on tenterhooks bracing for yet another attack?

9th February 2021

Private landlords are on tenterhooks once more prior to the Budget, bracing ourselves for yet another attack. The rumour is that we are to be slammed with a massive increase in Capital Gains Tax. I have explained why this is so wrong on many levels and made some alternative suggestions in an article I was […]

Free Lockdown Learning – 5 ways the pandemic has changed possession procedures at court

8th February 2021

We had a very successful webinar last month on the new ‘Breathing Space’ regulations.  You can now view the recording here. This week’s webinar is with specialist housing barrister and Deputy District judge Robert Brown. He will be looking at how the pandemic has changed court procedures and discussing five issues in particular.  If we […]

Are old expense receipts still valid?

8th February 2021

Hi, I have found some old maintenance/repair (not improvement) receipts for my BTL property which date back to 2012. My first question is: can I use them on my next self assessment tax return or have I lost out because I can you only claim for payments made in the same financial year? Secondly, when […]

The best way to sell properties with awkward tenants

5th February 2021

You may have heard of us here at National Residential, we’re the property company who pride ourselves with our “any problem we can fix” formula. In these current times, there are a few challenges landlords may face when trying to sell their properties. Trying to sell a property while dealing with difficult tenants can be top […]

FEBRUARY FREEBIE 15-minute consultation with Caridon Landlord Solutions

5th February 2021

Caridon Landlord Solutions is a dedicated service provider specialising in Universal Credit and Housing Benefit advice for private landlords, letting agents and housing associations. We understand that since the expansion of Universal Credit, some landlords have noticed a spike in rent arrears, mainly owing to delays and errors in the initial payment. As a result, […]

When Planning Meets Go Wrong

5th February 2021

A bizarre Zoom Planning committee meeting featuring at Handforth Parish Council, went viral today, making Committee Chairman, Jackie Weaver, a celebrity. Planning committees often go wrong and in this video, I am joined by former Chairman of St Albans Planning Committee, Alistair Cooper, as they react to the Handforth farce and share tips on how […]

NRLA wants Holiday Lets to be hammered the same way as BTL?

5th February 2021

NRLA Clarification: “Calling for long term-rental property to be taxed more favourably than short-term holiday lets is clearly not the same as saying they should be taxed the same. After all how could you favour one over the other if they were taxed the same?” “A clear example is the proposal the NRLA put out […]

Application forms – got it ALL covered?

4th February 2021

In light of yet another BS initiative ironically called BS (Breathing Space), it is time I reviewed my tenant Application Form with a fresh pair of eyes. This seems the only way to be able to try and head off, some issues that could be an issue later down the line. Are there any long-standing/experienced […]

More rent – is there a catch?

4th February 2021

I have a two-bed flat let to a lady, her child and partner. Rent £630pcm – UC pays £599.99 she pays top-ups herself (as part working/claiming) Over Dec, there were some issues with her previous partner and the two children they have together, so the kids moved in with her on a very temp basis […]

Lessor’s responsibilities

4th February 2021

I was recently advised by my property managing agents, that there is a problem with damp in one of the bedrooms of the leasehold property which I let out. A specialist examination has revealed that this is due to condensation caused by the construction style of the property ‘with solid walls and very little ventilation’. […]

Is it worth it?

4th February 2021

Has anyone had experience in using DPS deposit dispute resolution services? After I had a dispute, claim for £316.50, I got awarded £80.00. It just to makes you think it is not worth having a deposit and wasting my time to prepare and submit evidence. Many thanks Wanda

Change over to holiday rentals?

4th February 2021

I have several family houses let on ASTs and now old age is approaching and taking into account various tax positions, IHT, CGT etc as they are all in high demand tourist areas and would easily let as holiday or air BB accommodation I wonder if this is time to change. I was looking to […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank Base rate unmoved at 0.1%

4th February 2021

The Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 0.1% and to make no changes to the quantitative easing program. The effect of increased coronavirus cases and the third national lockdown is being offset in the medium term by the vaccination roll out to keep targeted inflation at 2%. The inflation report […]

Lack of access to APAs forcing UC landlords to serve notice

4th February 2021

Caridon Landlord Solutions, which provides specialist advice on Universal Credit and Housing Benefit to private landlords, letting agencies and housing associations, says that landlords with tenants in receipt of Universal Credit are struggling to set up Alternative Payment Arrangements because the online Universal Credit landlord portal is closed to new claimants.  It is thought this […]

An Incredible 43% Yield Property!

3rd February 2021

This is a property auction review video of some of the best property investment deals coming at property auctions Allsop & Auction House London reviewed by myself, Rod Turner, Jay Howard and Piotr Rusinek. In the 6th episode of the series, we analyse a shopping centre with an incredible 43% yield & a Starbucks in […]