Page 533 – Property118

Mark Smith (Barrister-At-Law) Landlord tax planning strategies – Swansea

16th May 2019

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 Swansea Meeting property networking event Thursday 23rd May 2019. The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith that have not previously […]

Reconsider Gas Safety Regulations alongside changes to Section 21

15th May 2019

Many of you will be aware of the Caridon Property Ltd v Monty Shooltz case.  In short, the landlord, Caridon Property, failed to obtain a possession order based on their Section 21 notice, because His Honour Judge Jan Luba QC ruled that that the requirements of the Deregulation Act 2015 meant their failure to issue […]

Insurance invalid after fire due to family member?

15th May 2019

I have a buy to let mortgage and landlords insurance and when I initially took out the mortgage I did not intend to let to a family member, I have since let to my wife’s sister and the property has had a major fire, it is in the hands of the insurance loss adjuster. Yesterday […]

The Property Nomads Podcast – Abolition of Section 21

15th May 2019

Is the planned the abolition of Section 21 evictions reasonable for both the landlords and the tenants?  In today’s episode of The Property Nomads, Rob meets with Mark Alexander, founder of ‘Property 118’, to discuss the effects of preventing the use of Section 21 evictions on the future of the landlord’s situation. Discover why Mark believes […]

Fire Panel – Compatible Smoke Alarms?

15th May 2019

I have a Kentec Grade A LD2 Fire Panel installed and looking to get the smoke alarms and heat detector now. The electrician feels that a specific brand of smoke alarms are needed so they are compatible with the Kentec Fire Panel (model KA11040M2) Can someone who has the same fire panel point me in […]

Home Office Right to Rent post Brexit update

15th May 2019

The Home Office have this week 13/05/2019 issued an update to its Right to Rent guidance: click here. In summary regardles of the outcome of Brexit, deal or no deal, there will be no change to the Right to Rent requirements until 1st January 2021 for EU, EEA and Swiss citizens. The guidance states in […]

tenancy agreement form, Property 118

Ex-partner removed by social services – New AST?

15th May 2019

I have a family (2 parents & 2 children) renting one of my properties. They are now on a periodic tenancy as the initial tenancy came to an end some months ago. I received a text from one of the parents asking if it was possible for the other parent to be removed from the […]

Mark Smith (Barrister-At-Law) Landlord tax planning strategies – Berkshire

14th May 2019

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 Berkshire Meeting property networking event Monday 20th May 2019. The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith that have not previously […]

Monthly Bridging Loan rates fall to average 0.74% Q1 2019

14th May 2019

Bridging Trends has reported its lowest recorded average monthly Bridging Loan rate across the market since 2015. Across its surveyed lenders the average pricing for monthly interest is now down to 0.74% for Quarter 1 2019 and this is down from 0.8% in the last Quarter of 2018. The most popular reasons for borrowers taking out […]

Councils to be legally required to provide secure accommodation

14th May 2019

Prime Minister Theresa May has announced that for the first time ever, councils across the country will be legally required to provide support in secure accommodation for survivors of domestic abuse and their children. With councils struggling to provide any form of accommodation let alone social housing for families and individuals that become homeless, how […]

Instant Rent Offer and Free Money?

13th May 2019

Following the success of our article Big Incentives to Assist with Housing Crisis we have given away THOUSANDS of pounds in FREE money to landlords as a combination of grants and incentives. We have a new list of eligible properties (see below). The scheme offers grants for property improvements, up front incentive payments and immediate […]

Labour’s Plan to axe permitted development rights a mistake

13th May 2019

The Right-to-Buy your council home, if you were a sitting tenant, was a key Conservative policy introduced in the 1980 Housing Act by Margaret Thatcher. All of a sudden, people who had never had the option before could realistically think about owning their own home. However, just like today, people preferred some types of housing […]

Nottingham’s new boss – Do you think I am worth listening to?

13th May 2019

Dear David Mellen, You say in the Nottingham Post ‘We need to listen more’ and you talk about Homeless. I’m gathering you are acknowledging mistakes have been made. I am the biggest Housing Benefit Landlord in Nottingham and one of the biggest Landlords in Nottingham, responsible for 350 peoples’ homes. I have 36 houses in […]

The landlord vote backfire

13th May 2019

The Government has got it wrong! Nothing unusual in that! However, it will cost Conservative MPs votes. We have gone in three years from a situation of many landlords wishing to expand to many landlords wishing to sell their investments! Who would have thought Andrew Bowles, leader of Swale Council in Kent for 15 years […]

Nationwide Foundation £1.2 m ‘Fair Housing Futures’ project hosted by Shelter

13th May 2019

A £600,000 pot of funding launched in Greater Manchester aims to find real-life solutions to the housing problems facing thousands of vulnerable private renters in the city. Funded by the Nationwide Foundation and hosted by housing charity Shelter, the £1.2 million Fair Housing Futures project seeks to address the challenges of accessing and living in […]

Has agent any responsibility for referenced tenant?

13th May 2019

My letting agent referenced and let my 2 bed semi rental property. The tenant apparently paid his deposit and first months rent. However, he has not paid anything since. It is now 4 months on and I requested the agent to issue a section 21 rather than a section 8 and go for the debt […]

TPO complaints rise 16% in 2018

13th May 2019

The Property Ombudsman (TPO) has released its 2018 annual report reflecting ever-increasing consumer demand for the service. The report reveals TPO received a record number of enquiries in 2018 (29,023), up 22% on 2017.  Of these, 4,246 went on to be formal complaints, which also rose significantly year on year by 16%. The Ombudsman supported […]

Average UK rent up 2% to £936 – Homelet

13th May 2019

HOMELET’s Rental Index figures for April 2019 have been released. The headlines from this month’s report are: -The average rent in the UK is now £936, up by 2.0% on the same time last year -When London is excluded, the average rent in the UK is now £775, this is up by 1.8% on last […]

Paul Shamplina and Kate Faulkner release latest edition ‘The Landlord’s Friend’

9th May 2019

Today, with more than 170 pieces of landlord legislation in place, two well-known names in the world of property, Paul Shamplina and Kate Faulkner, have once again joined forces to co-write a new version of their book ‘The Landlord’s Friend’.  Its aim is to help both novice and seasoned landlords navigate their way through the […]

Landlords waiting longer to repossess properties at average 17.3 weeks!

9th May 2019

Landlords are now waiting longer to repossess properties for legitimate reasons, according to official data published today. Ministry of Justice figures show the average time for a private landlord to make a claim to the courts to repossess a property to it happening, was 17.3 weeks. The figures, which cover the first quarter of 2019, […]

Government funding to speed vital cladding replacement

9th May 2019

The government has stepped in to speed up vital cladding replacement by fully funding the work, eliminating excuses used by some building owners and protecting leaseholders from the costs. Around £200 million will be made available to remove and replace unsafe aluminium composite material cladding from around 170 privately owned high-rise buildings. This step has […]