Page 567 – Property118

Government Homeless £20m Scheme

11th October 2018

The Government today launched a £20m scheme to be launched through Local authorities to alleviate the Homeless crisis. This scheme depends on and indeed needs the support of the PRS to work. Click here to view – Private Rented Sector Access Fund: prospectus “Invitation for local authorities to apply for funding to create new private […]

Much-coveted B1 post code opportunity

11th October 2018

One BHM is a new buy to let in Birmingham city centre, occupying a much-coveted B1 post code. It is a collection of 165 one, two, and three-bedroom apartments based in Birmingham’s city centre. The location is ideal for young professionals wanting a convenient commute to work and is also close to several attractions such […]

New BTL opportunity in central Sheffield

11th October 2018

Queens House is a new residential development in central Sheffield comprising of 99 luxury studio, one, and two-bedroom apartments. From a leisure perspective it is close to many amenities, including a shopping centre, the O2 Academy, Odeon cinema and many fashionable bars and quirky cafes. It is also within a fifteen-minute walk of Sheffield’s train […]

AXA study shows why politicians chase the tenant vote

11th October 2018

Future elections are set to be influenced much more powerfully by the UK’s growing contingent of private renters than ever before, suggests new research from AXA Insurance*. While 53% of private renters voted in 2017 – a noticeable jump on previous elections, that would rise further to a 69% turnout if a snap election were […]

Do you need Unoccupied Property Insurance?

10th October 2018

If your own residential or landlord property then you need to be sure you are insured when the property is empty. You’ll find in most insurance policies that unoccupancy is not well catered for and could end up costing you thousands of pounds in a claim due to small print. Here’s Property 118’s guide to […]

Swiss Franc mortgage losses – Double tax whammy?

10th October 2018

I have a question regarding losses due to currency fluctuations and capital gains tax. I bought several apartments in Poland during the period 2006 to 2008 using Swiss franc mortgages. As is well known to those involved in the Eastern European property market at the time, the Swiss franc subsequently strengthened significantly against the Polish […]

Shelter misleading the public about its finances

10th October 2018

If you search on Shelter’s website for Annual Report you will be given a link with that name which takes you to a page called “How we spend your money” This states, “For every £1 you donate 79p is spent directly on helping people through advice, support and campaigning 21p is spent on fundraising.” Click […]

Only 16 English councils know how many properties are covered by new HMO regulations

9th October 2018

Only a handful of English councils have said they know now many properties in their area are covered by new regulations governing safety and overcrowding, leaving potentially tens of thousands of flats and bedsits to continue operating illegally, new research has revealed The Government has estimated that new rules governing dangerous and overcrowded properties, introduced […]

Liability for Council Tax – tenant left before contract end?

9th October 2018

Who is liable for Council Tax if the tenant leaves before the contract ends? I’m looking for help and advice here from those in the know. I seem to remember a similar thread in the past somewhere on this forum. Any help or advice greatly appreciated. Using a local Agent for all services, including management, […]

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 […]