Page 557 – Property118

How can I help a previously homeless tenant?

8th May 2019

A few months ago I posted regarding my sale to a company who specialised in letting to charities placing homeless people. I was very much taken in by this and found that my tenants in place were given massive rent increases so it was eviction by another name. I’ve managed to help a few of […]

Back out from successful bid on auction property?

8th May 2019

Hi Everyone, We are in a need of urgent advise. We secured a property in auction just last week and yes despite all the warnings we didn’t see the property and did little research. Property we secured is a purpose built flat, and what we noticed is no flat has been sold in last 10 […]

yesfaulteviction.co.uk

8th May 2019

In an attempt to save the Section 21 Notice, I have created a web site where landlords and letting agents can record the true reasons why they served a Section 21 Notice. We all know that the evidence the government are using to abolish the S21 notice is coming from tenant biased organisations and that […]

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

8th 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 Birmingham Meeting property networking event Thursday 16th 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 […]

GOV.UK crown logo representing UK government consultation on EPC reforms

£25 million from government to help vulnerable rough sleepers

7th May 2019

Thousands of vulnerable people sleeping rough will get specialist support to recover from life on the streets, thanks to a £25 million funding boost announced today (3 May 2019) by Communities Secretary Rt Hon James Brokenshire MP. The money, to be shared with 108 local authorities across the country, will be used to fund innovative […]

Sole Ownership higher tax band in Scotland?

7th May 2019

I am a sole owner of a property (House) in England and on a higher tax band. I stayed in the property for 21 months and had to move out to different city (in Scotland) for job purposes. The house is currently on mortgage for another 23 years but have received consent to let last […]

Rapid eviction of tenants from a residential property

7th May 2019

Wed, Jun 19, 2019 12:30 PM – 1:30 PM BST This webinar is for landlords, legal professionals and property agents and will run through the eviction process for residential tenants. Please Click Here to register for the Sheriffs Officer webinar. The risks associated with illegal eviction, missed rent payments and possible damage to your property […]

Negligence in the Banking Crisis

7th May 2019

Houses in negative equity after the Banking Crisis. Do the Banks have a duty of care to extend the mortgage term or reduce the mortgage by the amount you’ve lost in expected profit due to the Banks’ negligence? The FCA have investigated the Banks’ position regarding interest rates hedging products and concluded the Banks have […]

The Landlord calls the tune!

7th May 2019

If you are the average Private Sector Landlord (PSL) you will be a Daily Mail Reader, and own just one By To Let (BTL) which currently will be let on a Six Month Assured Shorthold Tenancy (AST) and your tenant will have been in occupation for over four years. You will have a two bedroomed […]

Landlords victory

5th May 2019

After a long dialogue representatives of Sefton council finally met the landlords Alliance. First let me state that the Sefton team were Welcoming, helpful and constructive. It was not a case of us fighting zealots on the contrary, the Council team were proactive and motivated to resolving the problem. Full credit to them. We must […]

IEA paper – Tax measures that discriminate against private rented housing

4th May 2019

Professor Philip Booth of the Institute of Economic Affairs and our own member Dr Rosalind Beck have written a paper titled “Taxation Without Justification” An economic analysis of the Treasury’s treatment of privately rented housing. You can click here to download the full document. The summary states: “The private rented sector has played a critical […]

Section 20 Refund?

4th May 2019

The management company at one of our properties in a block raised funds via section 20 process for a new roof. They have now decided to carry out repairs and defer the new roof for hopefully 5 or more years. They plan to ring fence the remaining funds for when the new roof is needed. […]

S257 HMO – Building or individual flats?

4th May 2019

I have a shop with 8 studio flats above all let to 1 household ie 1 person. It’s in Hackney. I understand that it is a s257 HMO and needs to have an HMO licence. I’ve had a fire risk assessment done and everything is now in order throughout. What I’m confused about now I’m […]

Can she claim for leak, mould, light and deposit?

4th May 2019

My daughter wants to know can she claim? She was renting a property, first rental, with a group of friends. Before Christmas her bedroom light was flashing whether it was on or off. Upon investigation by her housemate who is an electrician he found the ceiling rose to be dripping wet. It was reported to […]

Tenant complaining of rats and that I can’t turn up?

4th May 2019

I have a question please. I have a tenant who is complaining to me about rats in the attic and wall. I’ve stopped by unannounced a few times to meet the contractors there and have knocked on her door to ask questions. She’s complaining that I don’t have a right to show up and knock […]

Section 21 ban – System reform is necessary

3rd May 2019

Section 21 evictions are being reviewed by the government, with a view to removing them from English and Welsh Law. James Brokenshire, the Housing Secretary commented that Section 21 evictions were one of the biggest causes of homelessness for families. As it stands, tenants can be given notice to vacate a rental property by being […]

30% of tenants in Scotland don’t aim to ever own a property

3rd May 2019

A survey of people who rent privately has found that almost 30% of tenants in Scotland don’t aim to ever own a property. The Tenant Research Survey, conducted by SafeDeposits Scotland ahead of its upcoming Tenant Conference, asked tenants about their experiences in the private rented sector and their expectations for the future. Responses showed […]

46 Landlord MPs claim more than £1.3m for rent or hotels!

3rd May 2019

Here we go again. The expenses system was tightened up to stop MPs fleecing the public so they find another way to do it! “Dozens of MPs are claiming taxpayer-funded expenses to rent homes or stay in hotel rooms in London while letting out property they own nearby”: click here for the Daily Mail article […]

NLA – Save Section 21 postcard campaign

3rd May 2019

The NLA have launched a postcard campaign against the banning of section 21 to tell the Prime Minister, Theresa May, what you think the repercussions of this decision are and will be. “We are asking you to complete and return your postcard to us, explaining why you agree that Section 21 should not be abolished. We will hand deliver the postcards […]

Close-up detail of engraved eye from British currency representing financial focus and interest rate changes

Bank Base Rate Unanimously held at 0.75%

2nd May 2019

The Bank of England Monetary Policy Committee has voted today unanimously holding the Bank Rate at 0.75% with CPI inflation falling slightly below the medium term target of 2% with a March figure of 1.9%. Inflationary pressure is predicted to fall further during the year as any costs associated with the fall in sterling have […]

RLA survey indicates 25.5% of landlords are looking to sell property

2nd May 2019

The RLA have released their survey of 2500 landlords in their ‘State of the Private Rented Sector’ report quarter 4 2018. Click here to download the full report. The survey questioned landlords on their portfolio plans over the next twelve months and although 15.2% of respondents said they were looking to purchase more property 25.5% […]