Page 570 – Property118
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New mandatory HMO licensing rules fast approaching – 1st Oct

12th September 2018

The October 1st deadline for new mandatory licensing rules of HMOs is only weeks away. There has been almost no government assistance in the form of information campaigns considering the latest .Gov website update says landlords could get an ‘unlimited’ fine for renting out an unlicensed HMO. The old rules included a stipulation that the […]

RLA – It’s time to root out criminal landlords

11th September 2018

The RLA wants councils to commit to rooting out the criminal landlords giving the sector a bad name, following the publication of the University of York’s report on private rented housing today. The association, which contributed to the report, said it is time local authorities showed strong political leadership and used powers already at their disposal […]

RLA and NLA now back academic PRS review

11th September 2018

The Residential Landlords Association (RLA) and now the National Landlords Association (NLA) are backing a review of the private rented sector by the University of York. The review is written by Dr. Julie Rugg and David Rhodes (see property MOT article) titled – The Evolving Private Rented Sector: Its Contribution and Potential. Click here for […]

Purchase Ground rent, but Freeholder lost the Deeds?

11th September 2018

I have been living in my property for over three years and would like to purchase the freehold. The property the company who own the freehold have agreed to sell this onto me and have sent a letter to me with all the costs to purchase, but know they are saying they can’t find the […]

Your invitation to Meet the Developer – Birmingham 22nd Sept

11th September 2018

If you are looking to invest in the Birmingham property market this invitation is definitely for you. This very special event is your chance to get up close and personal with Birmingham as an investment destination. After touring our off-plan developments you will be driven back to the venue for lunch, followed by an update […]

Property Investor Seminar – Norwich

11th September 2018

I would be delighted if any Property118 readers and a guest can attend our next Property Investor Partnership Seminar which is taking place on: Thursday 20th September, commencing at 6.45pm for a 7.00pm start.   The event will be held at Insight, Creation House, Norwich Business Park, Norwich, NR6 6BF. The evening will cover everything you […]

Brentwood property investor seminar additional date 9th Oct

11th September 2018

All Property118 members are invited with a guest to attend (FREE OF CHARGE) a property seminar run by the Property Investor Partnership (PIP), who are official sponsors of Property118 and have worked together for over a decade. In fact, Mark Alexander, founder of Property118 and I shared the same mentor going back over 30 years ago! This […]

What do ‘Generation Rent’ want?

10th September 2018

GoCompare have researched what the renting population of the UK are looking for in a rental property and what landlords actually offer in their advertisements. The interactive tool compares survey results which have been broken down nationally and by age group – allowing for greater insight into the world of renting. Survey questions included thoughts around […]

ATED how hard to make a return?

10th September 2018

I am about to buy a property via a limited company. One I think would be likely to eventually sell for £520,000 to £540,000 which I think would be good value. The other ones I own were values recently at between £350k and £425k when I extended the lease last June 2017. As I am […]

Granting an ordinary lease?

10th September 2018

This may sound like a strange question amidst the climate of all the stuff going on to provide security for tenants by lengthening AST agreements with associated caveats for tenants benefit contrary to most landlords’ legitimate interests. However, I would welcome advice re the following. My elderly brother has been offered a long term let […]

Freehold Company Set Up?

10th September 2018

I would like to set up a company for the freehold on the building of a block of four flats. We are buying the freehold and want to register this in a company name. Does anybody have advice on the best way to proceed or where to start please. Many Thanks Dawn Editors note: Please […]

Having the Rugg pulled out from under – ‘MOT Check’!

10th September 2018

The Chartered Institute of Environmental Health (CIEH) has warned of risks within the flagship recommendation of the academic review into the private rented sector. The Evolving Private Rented Sector, published today, is an academic review carried out by Dr Julie Rugg and David Rhodes, researchers at the University of York, and seeks to answers many […]

Live Webinar Interview with Mark Alexander and Ant Lyons from YPN Magazine

7th September 2018

Property118 founder Mark Alexander has agreed to participate in a live webinar interview hosted by Nina Hirons from YPN Magazine at 8pm on Thursday 13th September. They’ll also be joined by YPN Co-Founder Ant Lyon’s to take a quick look at his investments from a property tax perspective. The webinar is a free to attend online event, however, […]

Am I going nuts? – James ‘Break TheHousingMarket Shire’

7th September 2018

On 3 year tenancies which he wanted in July, Housing Secretary, James Brokenshire announced his plans to extend tenancies, justifying these by stating: “It is deeply unfair when renters are forced to uproot their lives or find new schools for their children at short notice due to the terms of their rental contract. Being able […]

Personal use of property in Limited Company?

7th September 2018

I have a small portfolio of BTL houses and am in the process of buying an apartment within my Limited company. It’s a very nice upmarket place and there’s a chance that in 2 or 3 years’ time I might like to move there on a permanent basis or perhaps only for a few months […]

Leasehold Houses Scandal

7th September 2018

Thousands of homeowners are stuck in properties they cannot afford to continue living in and cannot sell, because they bought them as leasehold. In most cases, buyers were unaware of what being a leaseholder would mean, and some didn’t realise they were only buying the lease until it was too late. NAEA Propertymark surveyed more […]

Big Incentives to Assist with Housing Crisis

6th September 2018

LettingSupermarket.com are working with several boroughs throughout the UK to help them reduce their housing needs lists. The following financial incentives are being offered through this scheme:- grants up-front payment incentives and in many cases we can even source Rent Guarantee Insurance. Not only that, but the tenancies are AST’s direct to the tenant, which […]

Selective licensing 101

6th September 2018

Selective licensing is a location-based government provision that requires landlords in selected areas to hold licenses that enable them to legally rent their property. If your property is in an area that has implemented selective licensing then you’ll need to apply for a license. The Housing Act 2004 gave individual councils the power to implement […]

Why Section 21 is necessary

6th September 2018

Currently, there is a nationwide campaign headed up by Generation Rent and supported by Salvation Army and Crisis amongst others. The campaign has over 50,000 signatures so far calling for section 21 to be scrapped. No-fault evictions Section 21 evictions, also known as no-fault evictions, are used when a landlord needs the property to be […]

For the long term – 10 Year fixed rates

5th September 2018

So, you have an aversion to short term volatility in the mortgage market and/or you are fed up with shelling out every 2 or 3 years with arrangement fees and other costs to try to stay ahead of the market. Furthermore, there is the constant threat of rising rates because of Brexit, further mortgage regulation […]

Local Authorities could charge for recyclables in general waste

5th September 2018

Making a mess of recycling? Households could soon be charged a return fee Households who fail to recycle properly could soon be hit with a fee by their local council in a bid to reduce landfill waste. The plans, reported by BusinessWaste.co.uk, would see local authorities charge individuals whose households incorrectly put recyclables into general […]