Page 561 – Property118

Rent Increase Survey – Update

7th November 2018

We have had an excellent 304 responses so far and 290 of these are from landlords. We would very much appreciate your assistance in asking tenants to complete the survey as well please. To all Property118 members and readers please see the Surveymonkey ‘Rent Increase Survey’ and pass on to as many tenants as you […]

Flexible Ltd Co BTL criteria, Undervalue Transactions and more!

7th November 2018

From time to time, a lender comes to the fore because of their flexible underwriting and/or unique criteria points. One such lender is Magellan. They popped into our office last week, and they just kept coming out with one gem after another. BTL Ltd Co No floating charges or Personal Guarantees No compulsory legal advice […]

Does the punishment fit the crime?

7th November 2018

This morning I read about a landlord who failed to make improvements demanded by the local Council through notice under the Housing Act 2004. Apparently, the property required repairs to rectify a number of health and safety issues, including dangerous electrics and damp. There were no more details available than that in the article I read. […]

The Alliance is Launched

6th November 2018

Let me Preface this by thanking Property118, Mark and Neil on behalf of all our members. Without Property118, it would not have been possible. The New Landlords Alliance, against all the odds has been launched. We were told that it would not be possible, that we would not get the numbers. Wrong , we have […]

Kicking Landlords is the National Pastime – Fergus Wilson

6th November 2018

The Reality is that Great Britain PLC cannot cope without Private Sector Landlords. Kicking the landlord is good copy and sells newspapers and in any Profession there are few bad ‘uns. If a Landlord makes a business decision which adversely impacts on a Section of the Community that is decision left wing journalists will make […]

21.6% over the next 5 years predicted for the North West

6th November 2018

As you know PIP have been advocates of investing in Northern locations for many years; having recognised early on the potential for strong capital growth in a rising market.  We are therefore delighted to share with our past and future investors, details from the latest report by Savills. The report on residential property forecasts predicts that the North-South divide will […]

CGT offset time limit?

6th November 2018

I have recently sold a property and I am now in the process of calculating my Capital Gains Tax (CGT) bill. I bought shares in some companies some years ago which went in to receivership. Does anyone know if there is a time limit when the loss can be offset against any gain for calculating […]

Direct Line Renewal?

6th November 2018

Just a heads up to others…. Approx 30 days before renewal I received my renewal documents through the post and email , the renewal cost was within a few pound of last year (£428) and it explained I needed to do nothing if I was happy, which I was. Fast forward to renewal date (today) […]

Gas safety check flexibility?

5th November 2018

One of the changes is:- “introduce a degree of flexibility to the timing of landlords’ annual gas safety checks. This change means that landlords can carry out the annual gas safety check in the two months before the due date and retain the existing expiry date. This avoids landlords waiting until the last minute and […]

Universal Credit Budget: 2018

5th November 2018

Following the Autumn Budget 2018 HM Treasury have now published a policy paper called Universal Credit: Budget Brief. In the document you will find information on the announced £1000 increase in work allowances as well as the additional support for those who will be transitioning onto the new benefit: Click Here to download From April […]

Beautiful build complete 3 & 4 bed houses with up to 6.2% yields

5th November 2018

We are delighted to offer Property118 readers this fantastic opportunity to purchase these beautiful build complete 3 & 4 bed houses within this lovely new development in Kirkby, Liverpool. We have managed to secure exclusive discounts for our clients with prices starting from only £148,000 for a 3 bed house and £170,000 for a 4 bed house.  Investors will […]

Exonerated after 5 years – Fergus Wilson

5th November 2018

Following 5 1/2 years we have a Judgement which entirely exonerates the landlord, Mrs Judith Wilson, who was accused of 1) Harassment 2) Unlawful Eviction and 3) Disrepair. This is a very important judgement and the transcript is to be published on the Internet for the benefit of all landlords. It is so easy to […]

Greater support needed for Landlords with low EPC ratings

5th November 2018

Responding to the announcement today that those landlords in properties with an energy performance rating of F or G will be expected to pay up to £3,500 to improve the energy efficiency rating of the property, David Smith, Policy Director for the Residential Landlords Association said: “The proportion of private rented homes with the worst […]

RLA threatens Great Yarmouth Council with judicial review

5th November 2018

GREAT Yarmouth Borough Council has been threatened with a judicial review by the Residential Landlords Association (RLA), which has serious concerns over its selective licensing plans. The authority is proposing to bring rented homes in parts of the Nelson electoral ward into the scope of selective licensing. However, the RLA believes one of the conditions […]

How does housing policy and choices affect intergenerational fairness?

5th November 2018

The House of Lords Committee on Intergenerational Fairness will take evidence from experts in urban planning and housing policy as it continues its inquiry. The Committee will hold two evidence sessions hearing from The Royal Town Planning Institute (RTPI) and The Associated Retirement Community Operators (ARCO) followed by the Intergenerational Foundation and academics from the […]

Selective Licensing scheme overturned in Brighton

5th November 2018

iHowz have been in dispute with Brighton & Hove City Council (BHCC) regarding their proposed Selective Licensing scheme (see background – below). As part of the process, BHCC had to apply to the Secretary of State for Housing, Communities and Local Government (SoS) to obtain his confirmation for the scheme. The SoS gave confirmation to […]

What can and cannot be seized by an enforcement agent?

5th November 2018

The taking control of goods regulations 2013 outlines what can and cannot be taken control of as part of a controlled goods agreement. You can view the complete legislation here. Once a debtor has signed the controlled goods agreement, any items listed cannot be sold, moved or given away. The controlled goods agreement will include […]

Squatters in empty buildings over the festive period

5th November 2018

With the festive period drawing closer and people thinking about what to buy their loved ones, there is one gift that will be unwelcome, namely squatters. Over the holidays every year we see a significant rise in squatters taking over empty buildings such as pubs and restaurants. These types of buildings can be particularly attractive […]

Shelter’s harassment of letting agents is futile, so why are they doing it?

2nd November 2018

Shelter’s campaign against letting agents started with an attempt to establish a legal principle in an action against a single-branch agency.  This failed – even though Shelter had a barrister working for nothing – because the case was settled out of court. Click here The campaign was expanded under the new CEO, Polly Neate, and […]

9 years and still fighting

31st October 2018

Anybody had a Buy to let Mortgage with Chelsea Building Society? Between Circa on or around 2009 you are likely to have been over charged in interest. If you have been repossessed around this time then you need to check your figures. I had four properties repossessed and a member of the Network of Independent […]