It seems that Sajid Javid and Boris might have been reading Property 118, because they have just announced £600 million input into 50,000 new homes in Essex and Bedfordshire. The Country has been building 150,000 annually and this additional 50,000 represents a third more based on one year! Well that is certainly a step in […]

Up to 50,000 new homes in high demand areas will be delivered through over £600 million of new investment for housing in England, the Chancellor, Sajid Javid, announced Saturday 17 August. The funding will be made available through the Housing Infrastructure Fund (HIF), originally launched by Mr Javid when he was Secretary of State for […]

This morning I have been reviewing all of the information provided by a client who booked a Tax Planning Consultation with us. The first step is always for my Executive Assistant to complete a thorough Fact Find and to obtain copies of Tax Returns, a property schedule, proof of identity and residence and other relevant […]

The current Chancellor of the Exchequer Sajid Javid has backtracked on proposals made by PM Boris Johnson in his Tory leadership campaign to make Stamp Duty payable by the seller rather than the purchaser of a property. In an interview given to the Times newspaper Javid said: “I’m looking at various options. I’m a low […]

I eventually managed to evict a non-paying tenant using a section 8. However, it now turns out that they left an electric and gas bill of nearly £200 outstanding before they left. How it is possible to run up a bill like that when both meters are prepayment/key meters? I have no idea. The agent […]

This is an extract from a response that I have written to a derogatory article on the Citizens Advice Policy Blog. My full response article is much longer and I may post it here shortly, but in the meantime: Let’s have a look at the facts: English Housing Survey 2017 2018 Table FA5431 (also in […]

This is VITAL INFORMATION that all landlords need to know. Please share. Whilst LLP’s are one of the most popular structures we recommend to landlords, the purpose of this article is to serve as a warning that other firms are mis-selling the benefits of them. If it waddles like a duck, quacks like a duck […]

Having shared a Tax Planning case study on Facebook recently I have been amazed by the responses which show  how many landlords have bodged their tax planning in regards to lending money from their trading company to their property company. The problem with such a structure is that in the event of the trading company […]

Yesterday I made the TV Video for The Good Estate Agent. The points that Landlords felt should have been included in the Panorama Programme were most definitely included in this video which is to be shown, uncut, on You Tube and takes 90 minutes. (see below) Landlords felt that Panorama was deficient in that it […]

Property Investor Partnership is delighted to be offering 1 bed, build-complete apartments in the centre of Woking, exclusively discounted by 10% off list prices! Prices start from £193,500 rising to £247,500 for a 1 bed apartment, with amazing predicted yields of up to 7.1%. This development is located in the centre of town, and it is just a […]

Nottingham Selective Licensing are sponsoring the local Nottingham Carnival this year. I believe this is being paid for out of the money raised from Landlords via the Selective Licensing Scheme. Now the government rules regarding Selective Licensing Schemes is very clear in that they are not allowed to make a profit from the money raised. […]

I have received this email from the Govt EPLS Survey Dept: Re English Private Landlord Survey and English Housing Survey By email: From: EPLS Date: Tue, 13 Aug 2019 at 11:27 Subject: RE: English Private Landlord Survey and English Housing Survey Many thanks for your email and your interest in the English Private Landlord Survey […]

Landlords of rented properties in Aberdeen City and Aberdeenshire are being praised for renting responsibly after SafeDeposits Scotland researched rates of landlords failing to protect tenants’ deposits. The research found only 17 cases relating to properties with AB postcodes of landlords being taken to the First-tier Tribunal for Scotland (Housing and Property Chamber) by their […]

Claims that landlords’ use of section 21 “no fault” eviction notices is the leading cause of homelessness in the UK are “factually incorrect, misleading and just plain wrong”, says the National Landlords Association (NLA) as they take their case to No. 10. Research by the NLA, using the Government’s own statistics*, found that of 33,020 […]

In this CPD webinar the Sheriffs Office will cover High Court enforcement for business, this webinar will be useful content for solicitors and credit controllers and for any one who has their own business. Time and date of the webinar: Wed, Sep 11, 2019 12:30 PM – 1:30 PM BST Click Here to register Recover […]

I make no apology for keeping the “Pot on the Boil” as the topic of how Boris intends to provide four million homes and where the Private Sector Landlord fits into his vision needs to be clearly explained. In 2010 Gordon Brown said we need three million more homes. Since then one million new homes […]

Research by independent letting and sales agent Benham and Reeves has looked at the unfortunate cost of landing a bad tenant and how much this can reach during the gruelling process of having them evicted from the property. Previous research by Benham and Reeves highlighted the increasing number of fraudulent lettings applications by rogue tenants, […]

In a nutshell; my wife and I own a trading company which produces profits of circa £200,000 a year. The company pays corporation tax on these profits. We each draw a salary of £12,500 (which is tax free) based on advice from our accountants.  We then declare £37,500 each of dividends, on which we pay […]

A recent IPSOS Mori survey for the Chartered Institute of Housing has shown the public don’t think their politicians are working hard enough to solve the housing crisis. Renters are particularly concerned with the survey showing: – 44% (45% of private renters and 43% of social renters) are either very or fairly concerned about their […]

Penultimate sale completed just over a week ago. I am no longer providing social, educational and interest free loan services; the Gov’t can do it now. A muted hooraaah. Being the belt and braces type, I follow up all loose ends. I know from experience it takes time for sale information to wend it’s way […]

I thought an HMO required an AST because of mortgage company requirements. Is a license acceptable for HMOs? An AST and a licence are two very separate things, an AST is the legal contract between the landlord and a tenant. A licence required by law if you rent to 5 or more people who constitute […]