I have a portfolio of 52 all residential HMO units and my question is what VAT rate should I be paying? British Gas states more than 60% or more domestic is 5%. Please can anyone confirm. Thank you James From British Gas >> https://www.britishgas.co.uk/business/help-and-support/billing-and-payments/VAT-reduction “Your business might be eligible for a reduced rate of VAT […]

A survey carried out by Landlord Action, has revealed that since government measures to prevent the spread of COVID-19 were introduced on 23 March, 74% of landlords have been contacted by tenants saying they will struggle to pay their rent. This comes as renters’ unions are calling on the Government to suspend rents for the […]

Coventry City Council continues to implement a new HMO Additional Licensing Scheme on 4th May 2020 – even though it has a backlog of more than 700 applications to process for normal HMO licences. Yet still it intends soliciting for thousands more applications. The  council’s head of licensing must really be behind on budget, having […]

It is rare for a newspaper to publish a landlord’s side of the ‘story’ and it seems the telegraph are seeking such.   I think it would be good to bring this to the attention of Property118 readers and we can ‘flood’ the newspaper with negative impact stories from Landlords as a result of the Corona […]

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 Blackfriars and Luton Meetings property networking event Tuesday 28th April. The event will be held Online and Attendees can expect first class speakers and great networking opportunities. The event will […]

My wife and I have just sold an HMO property at auction (last Wednesday). It is a working HMO and the new owner is an investor who will be keeping the tenants on-board. I assume that I remain the Landlord up until completion, is that the case? I’ve seen in other articles that the new […]

My tenant unfortunately passed away in March after she was hospitalised in February. Obviously things are difficult and  I haven’t received any rent for February to date. I am currently still awaiting for her daughter to hand back the keys to the house. She was receiving housing benefit directly from DSS. My agent had written […]

Hi, Here is a dilemma that many of us on Property118 might likely face in the coming weeks of these very challenging times. The 12 month fixed term tenancy ending this week, current Tenant contacted 6 weeks before tenancy end date he verbally informed agents of the purchase of a new home and won’t be […]

I live in London and have a rental property in Preston, Lancs which, given its distance from me, is managed by a letting agent. Last year it was void for a few months and some time later I received an electricity bill of around £720 for the void period. The agent says it is my […]

In a nutshell (as I’ve had nearly two months of stress and anxiety), agent I used 2 years ago without problem, found tenants for me in February. The tenant paid her 4 months rent up front plus deposit, plus 4 months council tax up front – all to obviously then pass to me. I have […]

Like many of us, I have tenants not paying rent. I know all 3 tenants have been furloughed, so should be able to pay their rent. I received a third of the rent on 1st April, but since then they’ve gone quiet on me. I have been very much saying let’s work together on this […]

The NRLA are calling for a six month extension to the validity of all gas and electrical safety certificates to cover for the impact of the coronavirus. This comes in response to a survey showing that 38% of landlords are struggling to source maintenance contractors to undertake required work and just over a third are […]

Will you miss the best preparation for the opportunities this decade will present? Some of the countries top experts join us this month for this online Great Property Meet event to share what they are doing to prepare to exit Corona Virus lock down and the opportunities they see ahead. When? 7pm Monday 20th Apri […]

Meet Property118 founder Mark Alexander at this unmissable online Event to raise funding for the NHS. The Property Conference will be taking place on the 24th and 25th of April 2020, for full details including timings please see this Facebook page. Mark will be presenting live at 15:30 (BST) on Saturday 25th April live on YouTube […]

Thousands of UK landlords are making the most of the Covid-19 lockdown to get ahead in terms of preparing their 2020 self-assessment returns and accounts. They don’t need to submit them until the end of January next year, but getting them done now will save those traditional last minute panic attacks once the festive period […]

Landlord Law Legal Cases – Pease v. Carter with Alice Richardson: Raising money for the Women’s Aid charity. Renting property to tenants is heavily regulated and landlords have to know and understand the law.  This does not mean that you need to be a lawyer to be a landlord. However, it helps if you understand […]

A ‘be careful what you wish for’ consequence of the new licensing scheme which has been introduced by Coventry City Council commencing May 4th – against government guidance – has already started a cascade of tenants being served eviction notices as a direct result. These poor tenants hit the Coventry news today because they were […]

Below is a letter I have sent to the  Victims Commissioner Dear  Dame Vera Baird, All the landlords who seek services such as mine are victims of Tenants who abuse Civil contracts, many on a habitual basis, as Career bad tenants. The Police service have largely withdrawn over the years from many areas such as […]

Tenant is 2 months arrears. Struggling to know which form to serve It’s a HMO. So what form would be best please? Must I give 3 months notice? Or two then a month before I can process legal route? One worry. The tenant refused to let me register his deposit, would not supply an email […]

Last week, tradesperson comparison site, HaMuch.com, highlighted that over the last year there have been 48,012 recorded incidents in Britain caused by gas, fire or electricity issues that resulted in death or non-fatal injury. With this in mind, they’ve provided some top tips on how best to let a tradesperson carry out essential work within […]

I wrote a letter to my local MP asking for him to have a serious look at how the new legislation is effecting me. He was very sympathetic and said he would forward it to the Government for consideration, which he duly did. I have received the usual response that I don’t think shows much […]