From time to time, a lender comes to the fore because of their flexible underwriting and/or unique criteria points. One such lender is Magellan. They popped into our office last week, and they just kept coming out with one gem after another. BTL Ltd Co No floating charges or Personal Guarantees No compulsory legal advice […]

This morning I read about a landlord who failed to make improvements demanded by the local Council through notice under the Housing Act 2004. Apparently, the property required repairs to rectify a number of health and safety issues, including dangerous electrics and damp. There were no more details available than that in the article I read. […]

Let me Preface this by thanking Property118, Mark and Neil on behalf of all our members. Without Property118, it would not have been possible. The New Landlords Alliance, against all the odds has been launched. We were told that it would not be possible, that we would not get the numbers. Wrong , we have […]

The Reality is that Great Britain PLC cannot cope without Private Sector Landlords. Kicking the landlord is good copy and sells newspapers and in any Profession there are few bad ‘uns. If a Landlord makes a business decision which adversely impacts on a Section of the Community that is decision left wing journalists will make […]

As you know PIP have been advocates of investing in Northern locations for many years; having recognised early on the potential for strong capital growth in a rising market.  We are therefore delighted to share with our past and future investors, details from the latest report by Savills. The report on residential property forecasts predicts that the North-South divide will […]

I have recently sold a property and I am now in the process of calculating my Capital Gains Tax (CGT) bill. I bought shares in some companies some years ago which went in to receivership. Does anyone know if there is a time limit when the loss can be offset against any gain for calculating […]

Just a heads up to others…. Approx 30 days before renewal I received my renewal documents through the post and email , the renewal cost was within a few pound of last year (£428) and it explained I needed to do nothing if I was happy, which I was. Fast forward to renewal date (today) […]

One of the changes is:- “introduce a degree of flexibility to the timing of landlords’ annual gas safety checks. This change means that landlords can carry out the annual gas safety check in the two months before the due date and retain the existing expiry date. This avoids landlords waiting until the last minute and […]

Following the Autumn Budget 2018 HM Treasury have now published a policy paper called Universal Credit: Budget Brief. In the document you will find information on the announced £1000 increase in work allowances as well as the additional support for those who will be transitioning onto the new benefit: Click Here to download From April […]

We are delighted to offer Property118 readers this fantastic opportunity to purchase these beautiful build complete 3 & 4 bed houses within this lovely new development in Kirkby, Liverpool. We have managed to secure exclusive discounts for our clients with prices starting from only £148,000 for a 3 bed house and £170,000 for a 4 bed house.  Investors will […]

Following 5 1/2 years we have a Judgement which entirely exonerates the landlord, Mrs Judith Wilson, who was accused of 1) Harassment 2) Unlawful Eviction and 3) Disrepair. This is a very important judgement and the transcript is to be published on the Internet for the benefit of all landlords. It is so easy to […]

Responding to the announcement today that those landlords in properties with an energy performance rating of F or G will be expected to pay up to £3,500 to improve the energy efficiency rating of the property, David Smith, Policy Director for the Residential Landlords Association said: “The proportion of private rented homes with the worst […]

GREAT Yarmouth Borough Council has been threatened with a judicial review by the Residential Landlords Association (RLA), which has serious concerns over its selective licensing plans. The authority is proposing to bring rented homes in parts of the Nelson electoral ward into the scope of selective licensing. However, the RLA believes one of the conditions […]

The House of Lords Committee on Intergenerational Fairness will take evidence from experts in urban planning and housing policy as it continues its inquiry. The Committee will hold two evidence sessions hearing from The Royal Town Planning Institute (RTPI) and The Associated Retirement Community Operators (ARCO) followed by the Intergenerational Foundation and academics from the […]

iHowz have been in dispute with Brighton & Hove City Council (BHCC) regarding their proposed Selective Licensing scheme (see background – below). As part of the process, BHCC had to apply to the Secretary of State for Housing, Communities and Local Government (SoS) to obtain his confirmation for the scheme. The SoS gave confirmation to […]

The taking control of goods regulations 2013 outlines what can and cannot be taken control of as part of a controlled goods agreement. You can view the complete legislation here. Once a debtor has signed the controlled goods agreement, any items listed cannot be sold, moved or given away. The controlled goods agreement will include […]

With the festive period drawing closer and people thinking about what to buy their loved ones, there is one gift that will be unwelcome, namely squatters. Over the holidays every year we see a significant rise in squatters taking over empty buildings such as pubs and restaurants. These types of buildings can be particularly attractive […]

Shelter’s campaign against letting agents started with an attempt to establish a legal principle in an action against a single-branch agency.  This failed – even though Shelter had a barrister working for nothing – because the case was settled out of court. Click here The campaign was expanded under the new CEO, Polly Neate, and […]

Anybody had a Buy to let Mortgage with Chelsea Building Society? Between Circa on or around 2009 you are likely to have been over charged in interest. If you have been repossessed around this time then you need to check your figures. I had four properties repossessed and a member of the Network of Independent […]

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be presenting an overview of several landlords tax strategies at the J6 Property Professionals & Investors meet on the 13th of November 2018 in Slough. We have very kindly been offered 10 Free places for first time attenders to the J6 event […]

Dorian Gonsalves CEO of Belvoir, says there were missed opportunities within Philip Hammond’s Budget, that could have helped to bring much-needed stability to the UK’s growing rental market. “It is disappointing that housing, and in particular, the nation’s rental market were neglected and did not really feature in this Budget,” he says. “I feel there […]