Page 566 – Property118

Straw Poll to combat further government attacks – Please help

9th October 2018

There is now the possibility of the Government extending its fiscal attack on the PRS, Click Here, by scrapping lettings relief of up to £40,000 and reducing the PPR period from 18 months to 6 months. The supposed quid pro quo being landlord exemptions from paying 50% of their CGT that would otherwise be payable, if […]

Calling all Landlords who need Block of Flats Insurance

8th October 2018

IF you are a landlord who owns a block of flats or you are a freeholder within a management company that operates a block of flats, then we may be able to save you money on your block of flats insurance. Blocks of flats can be many and varied in size, shape and cost of […]

Podcast Series – Landlords, lettings and deposits

8th October 2018

Podcast Series – Landlords, lettings and deposits Every month at Hamilton Fraser Eddie Hooker and myself present a monthly podcast relating to the Property Sector, October’s podcast was Zero to Hero with Arden Hanley a HMO Professional Landlord These are all very educational for Landlords and previous podcasts can be downloaded and are listed below. […]

Getting in the Ring – New Landlords Association

8th October 2018

The New National Landlords alliance, despite not being fully operational yet and awaiting the website build, has today got in to the ring to fight for landlords. See our tweet. We have written to Chancellor Hammond with the following demands: An amendment to sect 24 (we want it repealed) but decided to give them some […]

Company let eviction with 3 months rent arrears

8th October 2018

I have a Company Let (no name of the Ltd Company ; only an individual name on the tenancy agreement) where the tenant is not paid rent for last three months amounting to GBP 10K . The LA (Letting Agent) made the agreement and we were too naïve to understand that a Company Let needs […]

Council tax under compulsory purchase order?

8th October 2018

I recently sold my rental property under Compulsory Purchase Order. Between when the tenant moved out and when the lawyers completed the sale it was 40 days. The council is chasing me for council tax for the 40 days. My understanding is because by law I couldn’t live or rent out the property, council tax […]

London skyline with modern office buildings and residential conversions along the Thames

Commercial property transactions in London double in 3 years

8th October 2018

The annual value of London’s commercial sales of property has soared by 166% since 2014, up from £11.3 billion in 2014 to £30.1 billion in 2017, according to new analysis of HM Land Registry data for Greater London’s 28 boroughs by Search Acumen, the property data and technology provider. With £12.7bn worth of commercial sales […]

Potential Budget CGT relief and profit split for selling to long term tenants?

8th October 2018

On Friday we reported on the RLA Press release RLA ask for longer term tenancy tax incentive However, over the weekend the Sunday Times has reported that government may consider adding an incentive to Landlords for selling to their long term tenants in the Budget on 29th October. The Article said: “Under plans that have […]

Our recon trip to Portugal for NHR tax residence purposes

5th October 2018

My wife and I have spent the last week looking at properties to buy in Portugal. As you might recall, last month I wrote an article entitled “Why UK Landlords Are Flocking to Portugal“. To cut a long story short, we have decided to stay in Malta, because it suits our lifestyle better. However, that’s […]

Newsflash – New Landlords Association

5th October 2018

News Flash – New Landlords association. To those who have pledged on this forum, but have not yet emailed us please email [email protected] Thank you to those who have contacted us and we will update you in due course. Click Here to view the original article: New Landlord Association seeking pledges Many thanks for your […]

RLA ask for longer term tenancy tax incentive

5th October 2018

Landlords are urging the government to back longer tenancies in rented housing to meet the needs of the growing numbers of families with children who rely on the sector for their home. Almost 40 per cent of private rented homes have at least one child living in them, with such families seeking long term stability […]

Manchester National Landlord Investment Show

5th October 2018

National Landlord Investment Show will celebrate 60 shows since their launch at the Manchester Show next week October 9th 2018 The UK’s leading property investment event arrives in Manchester for its 5th year on October 9th at Manchester United FC. After an unbeatable 5 years so far, the UK’s leading property investment event will bring […]

Unable to change Possession Hearing date?

5th October 2018

I’m in the middle of evicting a tenant for rent arrears. Section 8 Notice was now served and expired with no action from the tenant. I’ve initiated the next step and have informed my solicitors well in advance that I was out of the country for two weeks and wouldn’t be able to attend court […]

Shelter CEO is also confused about no-fault evictions

5th October 2018

As I mentioned previously, Polly Neate appeared about 5 and a half minutes into the Tonight programme last week called Britain’s Property Crisis. Click Here to view Polly said “These so-called Section 21 evictions, or no-fault evictions, meaning no fault on behalf of the tenant, are actually the single biggest cause of homelessness in the […]

Tax on gifted sale of site to daughter?

4th October 2018

My wife and I are in our 70’s and our property has a sizeable garden which we want to split to allow our daughter and partner to build their own property. We will be gifting the property to them which at this stage does not have planning permission, but this will be forthcoming in due […]

Landlords and property ‘MOT’ tests

4th October 2018

There are calls for landlords to carry out an annual property MOT on all properties they rent. The MOT would be similar to those carried out on cars and would give tenants peace of mind when renting a property. The MOT would cover aspects of the property such as gas and electrical safety and rising […]

When tenants act up

4th October 2018

This article will cover the steps landlords can take if they experience antisocial behaviour on their property. Antisocial behaviour can range from late night loud music to damaging property or threatening neighbors. Some unfortunate landlords may even experience criminal activity such as drug dealing or prostitution in their rental property. The first contact that the […]

Shelter CEO is confused about the reasons for evictions

4th October 2018

Polly Neate took part in the Tonight programme last week called Britain’s Property Crisis. Click Here to see episode. She said, just about 5 and a half minutes into the programme “At Shelter we see, every day, people who’ve been evicted for absolutely no reason, so they have been paying their rent, they haven’t damaged […]

Chalk-drawn question mark on blackboard representing a landlord’s query about letting agent responsibility

What would you do?

4th October 2018

We have 3 properties. The landlord owns the freehold and estate agency below our 3 flats. We are the only people who own flats in this block. His wife runs a letting agency. She rented the 3 flats out for us, took deductions from our rental income to pay for her services, Vat, and also […]

UKAR/Mortgage Express moving the goalposts!

3rd October 2018

Thoughts and any advice please ref UKAR/Mortgage Express. I have 18 Mortgages with them all around 10 years old. (out of a portfolio of approx 70) I asked them in March this year if I could sell a property without them using their right to consolidate. They said yes and sent through a redemption statement […]