Page 456 – Property118

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 […]

Mortgage Express Receivership?

3rd February 2021

I had my portfolio decimated in 2015 by Mortgage Express taking four properties with £300k combined equity into Receivership. I have spent the last 5 years and £7k on a local firm of property lawyers trying to recover them….unsuccessfully. I have made complaints to the Ombudsman and the FCA and I am trying to refinance […]

How house prices are affected with tenants in situ?

3rd February 2021

On Facebook this week, a tenant said that her private landlord wanted to sell the house she is renting. Someone else then said had the tenant asked if their landlord would be willing to sell to another landlord so that the tenant could remain in situ. The tenant replied that their landlord wouldn’t do this […]

Eco 3 grant funding for boilers?

3rd February 2021

I recall some time ago before the smoke and mirrors of the green homes grant which seems to collapse around the government’s bureaucracy, that grants were already available by energy company obligation and local authority funding. Just wondering if anyone has anyone still been able to access these for boiler replacements for tenants, especially those […]

House Price growth slows as SDLT holiday is due to end

3rd February 2021

This month’s Nationwide House price report is showing annual house growth slowed to 6.4%, from 7.3% in December and that prices are actually down 0.3% month-on-month, after taking account of seasonal factors. The number of privately rented households fell to 4.4 million (from 4.6 million in 2019), resulting in a slight decline in the proportion […]

£50 million to support students

3rd February 2021

Responding to the announcement below of an extra £50 million of financial support for students in England including to help them with accommodation costs, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “Whilst we welcome the news of further financial support, it begs the question why student renters are being treated differently […]