I have unfortunately incurred significant legal costs in the process of evicting a tenant. My question is if I can claim a tax rebate for this expense? Also, would this be considered an income or capital cost? Many thanks Rajesh

I have a tenant who has moved into her partner’s property leaving her just 18 years old daughter in my property as the sole occupant. The mother pays the rent. What rights does the daughter have to remain in the property and if I issue a Section 21 does the daughter have to leave as […]

Over half of private landlords have lost rental income as a result of the COVID-19 pandemic according to new research published today. A third of landlords have also indicated that they were now more likely to either leave the market entirely or sell some of their properties. Interim findings from the National Residential Landlords Association’s […]

The following quote, confirming that refinancing is NOT necessary at the point of incorporation, comes directly from the HMRC manual … “The transferor is not required to transfer business liabilities to the company but often does so. This is normally done in practice by the company giving the transferor an indemnity in respect of those […]

The Nationwide House Price index for December 2020 is indicating UK price inflation of 7.3% for the year and 0.8% for the month with the average house price now standing at £230,920. All areas of the UK saw a pickup in house price growth rates in quarter 4, with East Midlands the strongest region. Commenting […]

I have the opportunity to invest in a small local development of 4/5 barn conversions, either as, purely an investor, or possibly as a director of the company (which will be set up solely for this particular development). I have a small income from property, so I’m a lower rate taxpayer. My question is, how […]

I have a tiny shop with ratings on VOA site showing as follows:- April 2010 – Jan 2014 £2,600 Oct 2013 – 17 March 2014 £0 April 2017 – present £1,650 The assumption by the owner that on purchase in non-business rates applicable as well under the £12,00 rateable value. No action taken. Bills then […]

So what’s in store for property investors in 2021? In this video, I am joined by property entrepreneur Andrew Roberts as we take you through the threats, risks and opportunities for property investors in 2021. Please click on the video below. 

Wm. H. Brown let a property for us on 10th December with 6 months upfront payment of rent. We chased them to pay this across to us before Christmas and were assured we would receive it by 22nd, or the very latest by 23rd December. It was not paid, and I called accounts at head […]

I rented my 2-bed property to a company as a corporate let from June 2018 for 18 months fixed with permitted occupier stated as ‘ a client of the tenant or their immediate family’ with a max limit of 5 persons which continued as a periodic tenancy. The property was vacated in September 2020 after […]

I have tenants who have both been furloughed. One of the neighbours inquired if there was a leak in my flat as the internal glass door was streaming with condensation (this is an internal door leading to a small hall then another internal door) I suspected that the tenants had not been heating enough and […]

Hello everyone, I am in the process of purchasing a new residential property and transferring my current residential property to my LTD company. Will I be liable to pay stamp duty on my current property as well as the new residential purchase? I was informed that I can claim a stamp duty exemption on my […]

This is a long story I will cut very short. We had an offer accepted on a house we wanted to buy, we knew the people, not overly well, but enough to trust them. We had a lot of issues from the start of Feb 2020, things were not progressing (due to covid). We ended […]

Should I consider buying a property that has a communal cess-pit in/on its land despite the fact that the property I am in the process of buying no longer uses the cess-pit as it was put onto Mains Drainage and Sewerage about 10 years ago? The covenants on all the properties say that each property […]

A tenant recently left my rental property with no forwarding address. The keys have been returned and there is an outstanding debt and damage caused to the flat. Do any readers have recommendations for how best to trace the tenant to contact him and chase/register the debt against him he has left? Thank you in […]

If you’re a landlord, and you haven’t yet heard of us here at National Residential, there’s a good chance you’ll want to. Established in 2006, we pride ourselves with our “any problem we can fix” formula, led by myself, founder and industry expert, David Coughlin. Helping Landlords Sell Being a private landlord myself, with 100 […]

Watch this special message exclusively for property investors this Christmas from Buckingham Palace. 2021 will be full of uncertainty, but this is the new norm. I share how you can learn to prosper through the uncertainty and make 2021 your best year ever.

The percentage of tenants in rent arrears decreased during October and November, according to research from PayProp. Payment data from also shows that the typical percentage of rent in arrears fell consistently from August to November.  However, with further COVID-19 restrictions across large parts of the country set to remain in place for the foreseeable […]

According to The DPS just over half of the claims made by landlords against tenancy deposits in 2020 cited a need to clean or make repairs to the property or its contents, Costs for damage made up 27% of claims, while cleaning was cited in 25% and Rent arrears 8%. Outstanding bills was just 2%, […]

Is Buy To Let still worth the effort in 2021? Property investors have faced many challenges in 2020 which have left some investors questioning whether residential buy to let is still worth the effort. Well, it’s a question that doesn’t have a one size fits all answer. In this video, I set out whether buy […]

Rather than trawling through Google play store and reading countless reviews on apps that assist with midterm inspections, I thought it would be more beneficial to learn about them first hand from other landlords and property managers who may have experiences with them. I guess what I’m looking for is an app that can capture […]