Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be presenting an overview of several landlords tax strategies at the pin Glasgow property networking event Tuesday 8th September and the next day at the pin Sheffield event Wednesday 9th September The events will be held Online and Attendees can expect first-class […]

The Halifax have just released their House Price index report for August with prices 5.2% higher than in the same month last year. However, there remains a great deal of uncertainty for the market in the coming year. On a monthly basis, house prices in August were 1.6% higher than in July and in the […]

A new private rental licensing regime in a London borough is being described as “a major step forward in improving living standards” but comes with a 58% rise in some fees for Buy to Let investors and professional landlords and shows that, in reality, the main purpose is £8million of revenue generation for the council […]

Hello everyone. We have a house we’ve been renting out to the same married couple for over 3 years – both their names are on the AST. The lady got in touch with us recently to say they’d sadly split up and her husband had voluntarily moved out shortly afterwards. She wishes to remain in […]

I have a small property in Leytonstone which has been let to 4 Sharers since 2007 and Walthamstow brought in a regulation last year to apply for a change in class HMO (C4). On the website, it mentioned that if it can be proven that this was in occupation by 4 sharers before 2014 then […]

I have had EICR reports prepared for 2 flats and both of them say that the Electrical Distribution Boards need to be moved although they are both accessible with a small step ladder. I have also had other things that need further investigation, like the location of the ‘supply head’, which I have never been […]

I sent off a complaint to the DWP regarding them paying the rent direct to a (self declared) vulnerable tenant (drink and drugs, mental health issues, depression, severe medical issues, previous homelessness etc), where even before the tenancy began an MPTL was agreed and put into place. Unbeknown to me he cancels the claim. I […]

This is a hot topic on Social Media, especially for “gurus”. My long held view, having been in property finance and tax law and a portfolio landlord for over 30 years, is that the best time to buy is when the general consensus is that property values will crash, not when the crash happens. The […]

Richard Jackson, a long-time landlord and client of Property118 Tax, has developed a new App specifically for residential landlords, and is looking for BETA users to try the app before launch. The App is called Alphaletz. Landlords are having to become much more professional in their approach to running their property businesses. In many cases […]

Can anyone give me some advice on whether my tenant should carry on paying their rent? My flat was flooded due to torrential rain last week and the management company have made a claim on the buildings insurance. The loss adjuster came to look at the property yesterday (and the flat next door as this […]

Suddenly it struck me, I have a friend who is struggling to raise enough deposit, as he waits longer to save for a deposit, the property values go up, so he is forever chasing his dream to own his own home. So I had this brain wave, where I might be able to help him […]

The biggest Housing Benefits Landlord in Nottingham here. So I know what is happening and I want to take you, but I can’t. Another reason here why landlords won’t accept you. The house that you want, the Universal Credit (UC) tenant has just left on the 6th September. UC operates a Benefit assessment period BAP, […]

When it comes to rent arrears – how are they calculated for the purposes of the Mandatory Grounds requirement in a S8 ? 1. Is it the total amount of rent arrears that exceed what the per month x 6 total rent should be? eg One months rent is in total £1k so arrears have […]

The Belvoir Q2 2020 rental index, which contains two months of data within the UK’s lockdown period, reveals that average rents for Belvoir offices in England, Scotland and Wales decreased in Q2 2020 by around 3.5% versus Q2 2019. When comparing Q2 2020 to the 2019 annual average this shows a smaller, almost insignificant fall […]

Tenants in England facing eviction have been granted a notice period extension from three months to six in new government legislation. This will apply to notices being served to both private and social tenancies from 29 August and until March 2021. This new notice period will apply to all notices, including Section 21s*, but will […]

Property 118 are delighted you invite you to join us online tomorrow (Friday 4th September) for a virtual property exhibition, organised by the property investors network, featuring 10 property industry experts. This will be a full day of online property training, to update you on the post COVID-19 property market and the opportunities that it […]

Angela Davey, who was Head of Lettings and Property Management at Peter Alan in Wales, succeeds Phil Keddie as the new ARLA Propertymark President. Angela raised the profile of ARLA Propertymark in Wales by advising the government on housing policy and consulting for Rent Smart Wales on training for landlords and agents. ARLA confirms her […]

COVID-19 has been a challenge for landlords and tenants, on a scale that no one could ever anticipate. Whilst our research shows that the vast majority of tenants have been able to pay their rent as usual, sadly, through no fault of the tenant, some have struggled. It is therefore heartening that, our research also […]

Has anyone had problems paying into what appears to be a ‘protected monies account’? Xenia Estate Services (formerly Fortis) have complained that they are not receiving the monthly service charge on my flat by the due date. Since April it’s been going into (I think) an HSBC Client Deposit Account and (presumably) Xenia transfer it […]

I bought a Victorian terraced house in London back in 2018. Keen on doing some upgrades/improvements, I booked a planning application consultation with Croydon Council. In the conversation with the “Senior Planning Officer” I asked questions about “squaring off” the roof doing a dormer conversion, and he confirmed it could be done under PD provided […]

Background to 2020: Why Sold Price Data is No Longer Enough to make Decisions about Buy-to-Let Investments Those of us in the property industry are the lucky ones. We took a hit, but we bounced back more confidently than most, for three main reasons:  Firstly, social distancing in the property sector is less of a […]