Page 551 – Property118

Birmingham’s Urban Quarter and the Big City Masterplan

19th June 2019

Our fantastic ‘early bird’ opportunity at Park View will capitalise on the vibrancy and growth that this dynamic and thriving area is set to deliver. We are delighted to have secured for our clients these amazing investment properties within a great location, in a growing market and all at today’s investor prices! The Park View development features 91 […]

Shelter couple’s “punishment”: self-imposed exile in Cornwall

19th June 2019

Shelter has produced a video, which you can view below, as part of its futile campaign against No DSS adverts. Comments can be left below the video if you Click here “Krystyna and her husband Geoff had to return to private renting in their 50s after being home owners when they were made redundant. When […]

Berlin Government approves 5 year Rent Cap

19th June 2019

The Berlin Rent Cap is expected to become law in January next year and will apply to 1.5 million privately rented properties, but not to social housing or new builds. The rent cap is likely to be backdated to the date of the announcement, 18 June, to prevent landlords from pre-emptive rent rises between now […]

Post-Brexit binge in commercial property?

18th June 2019

Pent up demand could see a boost to the commercial property market post-Brexit, according to new analysis of the commercial property market from Shawbrook Bank. The ‘UK Commercial Property Market Report‘1, produced by Shawbrook Bank and compiled by the Centre for Economics and Business Research (CEBR) assesses the state of the current commercial property market, […]

Shelter’s call to adopt Scottish indefinite tenancies model criticised

18th June 2019

Responding to a report published today by Shelter which calls for England to adopt Scotland’s model of indefinite tenancies in the private rented sector, David Smith, Policy Director for the Residential Landlords Association said: “Shelter fails to recognise key differences between England and Scotland. “The only reason the Scottish model has worked is because a […]

Resolution Foundation – 11.2% of population own multiple homes

17th June 2019

The Resoluion Foundation have published a report titled: “Game of Homes: The rise of multiple property ownership in Great Britain.” Click here to download the full publication. The report finds in summary that: Additional property wealth was worth £941bn in 2014-16 with 5.5 million adults equating to 11.2% of the population owning multiple properties. The […]

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

17th June 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 Leeds Meeting property networking event Wednesday 26th June 2019. The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith that have not previously […]

Nottingham – These words are not nice

17th June 2019

Letter I sent back responding to Nottingham council Selective Licencing demands: I’m still getting these and I don’t know if they automated or not. As it’s a Sunday, so is someone doing some overtime pushing them out manually? I was waiting for the agreed invoice, and also the appeal questions as I’d worded them. Please […]

Service charge hike?

17th June 2019

I own a couple of properties where First Port are the property managers, but they seem to be raising service charges at an incredible rate. As an example over the last 2 years the annual charge has gone from circa £1,100, which I thought was already quite high, to £1,600 which is crazy. Is there […]

Tenants “homeless” if rent is unaffordable? – new caselaw

17th June 2019

The important case of Samuels v Birmingham City Council was decided by The Supreme Court on 12th June 2019. This case decided that a person who had been evicted for rent arrears, as the Housing Benefit did not cover the full rent (£151.49 pcm shortfall), was not to be considered as “intentionally homeless”. This new […]

Intermediate leasehold interest?

17th June 2019

We have a flat in a modern block with 81 years left of the term. We wish to extend the lease under the Leasehold Reform Act. However, between us 10 Under Leasehold flat owners and the Freeholder is a Head Leaseholder whose term is 10 days longer than the Underleases and who hands over exactly […]

What if Section 24 is applied to recently incorporated landlords?

14th June 2019

I see this question posted on Facebook every few weeks, so I have decided to write an article on the topic, which I can share a link to whenever it pops up again. It wouldn’t matter if Section 24 was applied to LTD Companies, because the 20% tax credit on finance costs is greater than […]

From Scam Artists to Family Feuds

14th June 2019

In this week’s episode of Channel 5’s ‘Nightmare Tenants Slum Landlords’ (Monday 17th June), Landlord Action tackles two very different eviction cases, one involving an illegal sub-let by a ‘professional’ scam artist, the other which sees a favour turn into a family feud. In the first case, young landlord Han Yip discovers his West London […]

I’m a landlord and a tenant

14th June 2019

I wanted to share my experience of being a landlord and a tenant. I rented out my flat and a small 2 bed terrace and that has enabled me and my son to live in a house in an area I couldn’t afford to buy in. We were happy and then 6 months in to […]

Can we Save You Money on Landlord Insurance?

13th June 2019

Property118 could save you money on your landlord insurance. Whether a single property, portfolio, HMO, landlord contents, sub-let, flood risk, renovation, unoccupied property or even your own residential home, we have access to some of the best rates in the UK through The Home Insurer and have tasked them to save you money on your […]

Whirlpool told to recall 500,000 dangerous dryers

13th June 2019

The government is to request Whirlpool recall up to 500,000 tumble dryers which pose a fire safety risk containing a fault that is blamed for blamed for over 750 fires over the last 11 years. Whirlpool have said safety is their “number one priority” and if any landlords think their properties may contain faulty appliances […]

Landlord Law – Tenancy Deposit Calculator

13th June 2019

Get Tenancy Deposits Right with our Free Calculator The 1st of June was the deadline for the implementation of the Tenant Fees Act 2019. As of this date the tenancy deposit will be capped to a maximum of five weeks rent where the annual rent is less than £50,000 and six weeks rent where the […]

Shelter ask for Landlords views

13th June 2019

Two Property118 members have pointed out that Shelter are actually asking for views from Landlords and have produced a survey to complete: Click Here. The request from Shelter states: “Take our survey to help us understand what’s important to you and how we can best work together towards developing a better private rental sector. Answers […]

Leasehold house owners foot £447m annual ground rent bill

13th June 2019

Leasehold house owners are paying £319 in ground rent costs every year, totalling £447m, and one in ten (nine per cent) say the cost affects their quality of life, Propertymark’s Leasehold: A Life Sentence? report reveals.1 NAEA Propertymark surveyed more than 1,000 people who only bought the leasehold on their house, to explore the extent […]

New form 6A – Date format confusion?

12th June 2019

Last week I had to serve notice on a tenant and I noticed the Form 6A had changed. The new Form 6a must be used from 1 June 2019: Click Here to download the new form. The part that has raised some concern is the Date required to leave drop down box. My notice expired 12th August […]

10% report same problem 10 times in social homes!

12th June 2019

Two years on from the Grenfell Tower fire, Shelter is warning the government must listen to the third of families with children in social housing who feel less safe in their homes and take urgent action to prevent further tragedies. The government is proposing a new building safety regulator, but the housing charity fears this will not go far enough to ensure the health, […]