Page 541 – Property118

Scotland’s best

15th August 2019

Landlords of rented properties in Aberdeen City and Aberdeenshire are being praised for renting responsibly after SafeDeposits Scotland researched rates of landlords failing to protect tenants’ deposits. The research found only 17 cases relating to properties with AB postcodes of landlords being taken to the First-tier Tribunal for Scotland (Housing and Property Chamber) by their […]

“Factually incorrect, misleading and just plain wrong”

15th August 2019

Claims that landlords’ use of section 21 “no fault” eviction notices is the leading cause of homelessness in the UK are “factually incorrect, misleading and just plain wrong”, says the National Landlords Association (NLA) as they take their case to No. 10. Research by the NLA, using the Government’s own statistics*, found that of 33,020 […]

High Court enforcement for business – Webinar

15th August 2019

In this CPD webinar the Sheriffs Office will cover High Court enforcement for business, this webinar will be useful content for solicitors and credit controllers and for any one who has their own business. Time and date of the webinar: Wed, Sep 11, 2019 12:30 PM – 1:30 PM BST Click Here to register Recover […]

Keeping the pot on the boil

15th August 2019

I make no apology for keeping the “Pot on the Boil” as the topic of how Boris intends to provide four million homes and where the Private Sector Landlord fits into his vision needs to be clearly explained. In 2010 Gordon Brown said we need three million more homes. Since then one million new homes […]

The cost of evicting a rogue tenant can really set you back

15th August 2019

Research by independent letting and sales agent Benham and Reeves has looked at the unfortunate cost of landing a bad tenant and how much this can reach during the gruelling process of having them evicted from the property. Previous research by Benham and Reeves highlighted the increasing number of fraudulent lettings applications by rogue tenants, […]

Surely there must be a more tax efficient way?

14th August 2019

In a nutshell; my wife and I own a trading company which produces profits of circa £200,000 a year. The company pays corporation tax on these profits. We each draw a salary of £12,500 (which is tax free) based on advice from our accountants.  We then declare £37,500 each of dividends, on which we pay […]

Work harder to solve the housing crisis

14th August 2019

A recent IPSOS Mori survey for the Chartered Institute of Housing has shown the public don’t think their politicians are working hard enough to solve the housing crisis. Renters are particularly concerned with the survey showing: – 44% (45% of private renters and 43% of social renters) are either very or fairly concerned about their […]

Must I tell the Local Authority?

14th August 2019

Penultimate sale completed just over a week ago. I am no longer providing social, educational and interest free loan services; the Gov’t can do it now. A muted hooraaah. Being the belt and braces type, I follow up all loose ends. I know from experience it takes time for sale information to wend it’s way […]

Rapid eviction of tenants – Q&A

14th August 2019

I thought an HMO required an AST because of mortgage company requirements. Is a license acceptable for HMOs? An AST and a licence are two very separate things, an AST is the legal contract between the landlord and a tenant. A licence required by law if you rent to 5 or more people who constitute […]

Don’t worry Boris – Fergus will give you a home

14th August 2019

You need not worry Boris, because if you are Evicted from No 10 after the end of October when you have a general election Fergus will give you a home, but only on an Assured Shorthold Tenancy in leafy Ashford on Park Farm! I do not want to put you on the spot Boris but […]

Landlords in the Doldrums since Section 21 ban announced

14th August 2019

Landlord confidence in their own lettings business has reached a record low, according to research* by the NLA. In their survey for Q2 2019, only 29% of landlords said their business expectations for the next three months were good or very good, the lowest level since the survey began in Q4 2006. Confidence levels dropped […]

Landlords – what would YOU like to see in a training course?

13th August 2019

One of the main concerns landlords have is keeping up with the myriad new laws and regulations that keep coming out. Not to mention getting a grip on the laws we already have! I am in the process of developing a major new training course to help landlords with this.  It will be an online […]

When you need a torts notice

13th August 2019

A torts notice is a legal document alerting the owner of items that have been abandoned on private land or property. It is issued in accordance with the Torts (Interference with Goods) Act 1977. The fact that items or property have been left on your property or land makes you an involuntary bailee. This includes […]

Stoke-on-Trent escapes for now

13th August 2019

All councils that wish to introduce Selective Licensing schemes that cover more than 20% of the area or 20% of the privately rented homes must first seek permission from the Ministry of Housing, Communities & Local Government (MHCLG). Stoke-on-Trent have recently had their application refused by MHCLG for a scheme that would cover 3000 properties in […]

Cheap money – don’t miss out!

13th August 2019

Birmingham Midshires have just launched an interest only, five year fixed rate buy-to-let mortgage with an interest rate of just 1.95% for purchases or 1.97% for remortgages up to a maximum of 60% Loan to Value. Low geared landlords will be rubbing their hands with glee! Only yesterday I spoke to a landlord who owns […]

Form 6A now corrected

13th August 2019

MHCLG have finally as of yesterday updated and corrected the wording of the Section 21 official document 6A seeking possession. This is after articles written by Giles Peaker  in Nearly legal along with behind the scenes communication. Click here to view his article. Giles wrote detailing the mistakes saying: “Form 6A is prescribed by statute. […]

Provision of housing

13th August 2019

According to Richard Bilton in the Panorama Programme there are ten million tenants of Private Sector Landlords. I take that figure with a Pinch of Salt! However, for the purposes of this article I will leave it like that. Shelter’s Chief Executive, Polly Neate, says that the main reason for 300,000 evictions annually is the […]

Rents tracking CPI inflation

12th August 2019

HOMELET’s Rental Index figures for July 2019 have been released showing that the rental growth recorded in July 2019 appears to be in line with inflation, recorded at 2% in the Consumer Prices Index (CPI) in June 2019. For July 2019 the data shows that the average rental price for a new tenancy in the […]

New boilers and bathrooms give the best returns

12th August 2019

As well as creating nicer surroundings, refurbishing different areas of a home can add significant value, but what is the true return on investment? Self storage experts Safestore have taken a look at the landscape of homeownership to find the most popular areas of the home people improve, and the number of homes in the UK that […]

Liverpool landlord harassment – Shocking and horrific!

12th August 2019

Some time back the Alliance was contacted by one of our members based in London. This landlord has a substantial portfolio in Liverpool. Mr Mxxxx was very distressed and angry and informed us that Liverpool city council were engaged in a campaign of harassment against him and his tenants. We tasked him to produce concrete […]