I’m hoping someone may be able to provide some guidance. I purchased a newly converted ground floor flat over a year ago. It was previously a large Victorian house that has been split into a number of flats. Shortly after moving in I noticed a gap between the flooring and skirting board alongside one wall […]

So they are building Social Housing somewhere in the country. The complete transformation of social housing in Scotland’s largest city under Glasgow Housing Association (GHA) has boosted the Scottish economy by £2 billion and supported thousands of jobs, a new report has revealed. The study, by the Fraser of Allander Institute (FAI), reviewed the impact […]

Two scenarios regularly pitched to me during tax planning consultations are:- 1) We want to sell some of our properties which are low yielding and replace them with higher yielding properties. 2) We have been considering selling some of our properties and using the net sale proceeds to pay down other mortgages to improve the […]

I’m a newbie to the letting game and would welcome advice from some seasoned members. I have a tenant who has run up non payment of rent to the tune of over a £1200. She was a no problem for 6 months of her short hold tenancy agreement, but once it changed to a periodic, […]

The UK housing market ended 2018 on a weak note with uncertainty still biting, alongside continuing lack of stock and affordability issues, according to the December 2018 UK Residential Market Survey. Key activity indicators continued to slip in December with sales volumes dwindling, although beneath this national headline figure some areas of the UK saw […]

Nottingham council and its controversial selective licensing scheme, which our own Mick Roberts is battling, are to introduce a data modelling system targeting and prioritising unlicensed landlords to penalise. With the chaotic, expensive, complicated, error ridden and heavy handed way selective licencing has been implemented in Nottingham any new system when the existing is far […]

We are delighted to be holding our next Property Investment Seminar on Wednesday 20th February 2019 in Brentwood, Essex. We would really love to have you join us! The seminar will be presented by one of the Directors of PIP, both of whom are experienced property investors in their own right, successfully having used property to build and create wealth and […]

Did you know that legislation exists to ensure that tenants are treated by Council’s as being at risk of homelessness when a valid Section 21 notice is served, NOT when a court order is made, and certainly before bailiffs are appointed? On this basis, advice given to tenants by Council’s and other organisations like Shelter, to […]

Hi, My tenant stopped paying rent and didn’t respond when I chased this. I served both a s8 notice and a s21 notice. The s8 notice period passed. The tenant then confirmed that she would pay but subsequently didn’t. The tenant then said that she would leave within two weeks and clear the arrears. This […]

HOMELET, the country’s leading tenant referencing and specialist insurance provider, holds the UK’s largest and most up-to-date pool of data on agreed rental price trends, based on newly agreed tenancies. Chief executive Martin Totty sets out his views on what Brexit – deal or no-deal may mean for the private rental sector. In times of […]

Happy New Year, we have great news to start  2019 as it is set to be a prosperous year for those landlords that are interested in dealing with Councils.  The councils are increasing their budgets to further tempt landlords into housing their tenants. Lettingsupermarket.com have already worked with hundreds of landlords assisting them with tens […]

As most of you may know, HS2 has compulsory purchased many properties in London and the surrounding areas in which the new rail line is to be built. We have a property that we have sold to them under the compulsory purchase demand however, it has been over 3 months since we sold it to […]

The Tenants Fees Bill 2017 – 2019, click here, has been confirmed by government to commence on June 1st this year. Bill sponsor Lord Bourne of Aberystwyth (image right) announced the start date at the third reading in the House of Lords and said: “It has been clear throughout that this is a Bill that […]

Completing a self assessment tax return for filing this January with only the UK Property page, no employment, no self employment. The summary tax calculation is now including Class 4 NICs at 9% of the profit on the tax calculation summary page. I’ve seen various articles if this is, or is not, due to be […]

More than 50 councils across the country will share nearly £2.4 million of extra funding to crack down on rogue landlords, Housing Minister Heather Wheeler has announced in the government press release below: Whilst the majority of landlords provide decent homes for their tenants, the cash boost will enable local councils to step up action […]

I have let my flat via a London letting agent. They produced a very good Reference Report on a tenant through a Referencing Agent. The tenant paid for 6 months and then lost employment and hasn’t paid since. We are taking the tenant to possession Court shortly. It turns out that the reference report was […]

Mark Hayward, Chief Executive, NAEA Propertymark comments on joining the Home Office and Treasury’s new Economic Crime Strategic Board, which launches today. “The Economic Crime Strategic Board is significant in that for the first time, all the relevant industries and Government departments are coming together to tackle economic crime by agreeing strategic priorities and ensuring […]

What has become clear is tenants, Councils, and Journalists expect Landlords to live forever! The reality is that they get older and die! At that point Councils have to house tenants who cannot find alternative accommodation. Private Sector Landlords (PSL) were encouraged to buy more and more houses to ease the Housing Shortage in the […]

With growth on property prices of 24.7% over the past five years, and with no sign of it slowing down any time soon, Liverpool is on an upward trend and proving to be a fantastic place to invest. 42% of Liverpool’s population is below the age of 30, compared with 37% nationally, driving forward Liverpool’s reputation as […]

I’m a hands off landlord that has been using the same letting agent for 11 years. On Friday I was informed by another Company that my previous one had gone into liquidation and that they have been selected by the liquidator to take over the previous companies properties. I’m still owed January’s rental income from […]

I first heard about this on BBC Moneybox. It inferred that service charges for leaseholders (and many landlords) will be subject to VAT from Nov 1 2018. In short, HMRC are waiving the prior 24 years, but now enforcing this change. Looking closer is more opaque – possibly the managing agent will now have to […]