Page 553 – Property118

When does completed mean completed?

8th January 2019

I bought an off-plan, new-build apartment in the Adelphi Wharf (Fortis) development in Salford back in 2015 and after a whole year’s delay my apartment was finally finished in November. Or at least that is what I was told by PLS Solicitors, the firm acting for me (and probably most of the other buyers) when […]

Shelter Social Housing Commission calls for 3m new homes over 20 years

8th January 2019

In January last year Shelter launched a cross party commission into the future of social housing to address crucial issues highlighted by the Grenfell Tower fire. It is chaired by Reverend Mike Long of the Notting Hill Methodist Church near Grenfell,  and its panel includes Baroness Doreen Lawrence, Ed Miliband MP, Baroness Sayeeda Warsi, Lord […]

Is the ICO fit for purpose?

7th January 2019

The information Commissioner Elizabeth Denham has serious questions to answer. The National Landlords alliance has written to her on behalf of its members and with respect to two specific complaints by members one of whom is an elected public official. The ICO has attempted to fob off the Alliance. Our message for Ms Denham is […]

Tenant not giving keys back and gone AWOL at inspection?

7th January 2019

I provided my tenant with a Form 6A / Section 21(1) form in October with the agreed date of 3rd Jan 2019 to vacate the property. At the time, she seemed agreeable to the arrangement and was understanding of my change in circumstance which meant I needed her to vacate the property. I liaised with […]

Tenant can’t pay rent and advised to stay by Housing Association!

7th January 2019

I have a friend who rented out a house to 2 girls, one girl is working earning 4 times the rent, the other girl is pregnant and not working. After 2 months the income earner has health problems and will leave work. With no income, the girls approached the housing association and have been advised […]

Landlord responsibilites summary .Gov

4th January 2019

If you are renting out a property in England or Wales the government provide a summary of landlord responsibilities which many landlords will be completely familiar with, but it is still common to find the basics missed. Click here for the full .Gov web pages. Make sure you are on top of what is required […]

Open ended tenancies and on the hook for start dates?

3rd January 2019

As Scotland is leading the way in bringing more uncertainty to an uncertain future for the PRS I am faced with a puzzling question. I am currently advertising a vacant property, but notes of interest are coming from prospective tenants looking to secure a property in September 2019. Basis I cannot assure a future tenancy […]

Dame Colette Bowe and Dame Jayne-Anne Gadhia appointed to FPC

3rd January 2019

Dame Colette Bowe and Dame Jayne-Anne Gadhia have been appointed as external members of the Bank of England’s Financial Policy Committee (FPC), the Chancellor announced today (3 January 2019). Dame Colette Bowe is the current Chairman of the Banking Standards Board, a trustee of the IFRS foundation, a trustee of the Nuffield Foundation, and a […]

SDLT and CGT potential faux pas?

3rd January 2019

Hi everyone, Thank you for adding me into this community. I really hope to be able to contribute going forward. First of all, I’d like some advice please. I bought a BTL property 5 years ago. I live in rented accommodation myself. 2 years ago, after the changes to the Stamp Duty rules, I bought […]

Restriction on investment property preventing remortgage

2nd January 2019

I have an investment property where just I am named on the title deed and we have a Declaration of Trust where my wife is a 50% beneficial owner. The solicitors who set up the Declaration of Trust also placed a ‘joint proprietor or trustee restriction’ with the land registry. I am now trying to […]

Where are the best places to invest in UK property in 2019?

2nd January 2019

2019 is finally upon us and with the uncertainty surrounding Brexit, many are apprehensive about investing in the UK property market. We believe that there is still opportunity to be had, if you know where to look. Read on to find out where we think the best places to invest in UK property in 2019 […]

Meet Mark Smith (Barrister-At-Law) – Belfast LANI 16th Jan 2019

2nd January 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 LANI General meeting Wednesday 16 January 2019. The event will start at 7:30pm and is free for Members or £20 for non-memebers. Mark Smith will be speaking and also available for […]

Guardian accuses Landlords of ‘ripping off’ Councils

2nd January 2019

The Guardian article, click here, “Councils ‘ripped off’ by private landlords, experts warn” accuses private landlords of ‘ripping off” desperate councils trying to house the homeless. They say local authorities are now spending almost £1bn on temporary accomodation with some councils spending £200 per head of population on sheltering homeless households. These are staggering figures, […]

Suspicious Activities – How do I inspect?

2nd January 2019

I am a landlord and I have suspicions over the activities of a tenant. I don’t think he wants me to visit the property. What is my legal right to inspect the property – how much notice is required. The tenancy agreement doesn’t give the right to inspect the property. Many thanks Sash Editors Note: […]

Can I transfer tax liability to partner for property I own?

2nd January 2019

My partner and I have renovated a cottage and let it out to a tenant. Even though it was a joint project we bought the property solely in my name, as we thought we might mortgage it in the future for another project. I am the main earner and put in the majority of the […]

UNFIT – Fitness For Human Habitation Act 2018

31st December 2018

Lets get straight to the point, as there’s only 5 pages to this Act. Click Here This was a clever proposition by Karen Buck MP to put to Landlord Associations, in that how could ‘Professional’ landlords oppose a bill to stop rental properties that weren’t ‘ fit for Human Habitation.’ Short answer is they, and […]

Statutory filing for BTL companies – £100 software required by HMRC?

31st December 2018

I previously bought my BTL properties in my own name. With the allowable interest changes I’ve bought the last couple in a limited company, set up for the purpose, for the obvious tax benefit reasons. It’s time to file my first statutory accounts/tax computations with Companies House and HMRC. When doing the joint filing you’re […]

How do I get out of infested property?

31st December 2018

It will be much appreciated if some of the intelligent minds on this could assist. Summary of facts; My landlord obtained a residential mortgage which enabled him to purchase an apartment with a 250 year lease; They handed over the property to a lettings agents and vacated it in a rush; Bailiffs were chasing landlords […]

Preperations for Making Tax Digital from April 2019 “are progressing well”

28th December 2018

House of Commons Library document update on Making Tax Digital (MTD) was published Christmas Eve: click here It reported that despite concerns government preparations for introducing MTD for VAT in April 2019 “are progressing well.” “In December 2015 HM Revenue & Customs published Making Tax Digital – its strategy to implement a new system of […]

Government to choose new lead enforcement authority – Tenant Fees Bill

28th December 2018

A government news letter sent out over the Christmas holidays has been reported on by Letting Agent Today. It reveals The Ministry of Housing, Communities and Local Government will announce in February its chosen Local Authority to become the new lead enforcement authority (LEA). Bidding to take on the role of LEA has already started. […]

Noise until 6am?

27th December 2018

I have 3 flats in Bessacar near Doncaster and one of the adjoining flats has an autistic owner/tenant. He is in the centre of the 9 flats. We have the councils noise team on the job and the police are called on a regular basis. He unfortunately has friends around and they party about 3 […]