Page 584 – Property118

Right to Buy leases and Consent charges

11th June 2018

You’d think that as the current Right to Buy legislation is now over 30 years old that the position on charges for consents or approvals under RTB leases would now be totally clear and that they’d be handled in the exact same way all across the UK… Dream on. The reality is that there is […]

Letting and Family?

11th June 2018

We are investigating our first potential property investment as a way of helping out a close family member, and ourselves as a long term investment. We are higher rate tax earners so have looked at buying and getting a mortgage through a limited company. Would it be permissible to let the property to a family […]

Lodger becomes accidental tenant?

11th June 2018

My friend came to rent a room from me on an all inclusive basis. I then moved out after 1 year to live with my boyfriend and rented out 2nd room in my flat. My friend’s son came to stay …& stayed. Creating an HMO wef April 2018. I told friend that her son had […]

Are REIT’s A Viable Exit Strategy For UK Landlords?

8th June 2018

If you’re looking to continue to enjoy income and the potential for capital appreciation from property investment – without the hassle – a REIT is one of the solutions to facilitate this without the worry of ongoing maintenance, management tasks and ever changing regulations. Perhaps you’re worried about the challenges posed to Buy-To-Let (BTL) landlords but you are reluctant […]

Online Presentation Simplifies Tax Planning Options for Landlords

8th June 2018

In association with Mark Smith, Head of Chambers at Cotswold Barristers, we have put together a PowerPoint Show which can be watched free of charge from the comfort of your own PC, Apple Mac, Smart Phone or Tablet. The presentation provides an outline of a variety of tax planning opportunities available to landlords with anything […]

Is it legal to take deductions from overpaid rent?

8th June 2018

I am looking for some advice in regards to overpaid rent and if the Landlord has a right to take deductions from this. Some background info which I will list in point form for ease of reading. – We were tenants on the usual tenancy agreement. – The rent increased which we were agreeable to, […]

Shadow Housing Minister wants 3 week deposit maximum

8th June 2018

Under the current Tenant Fees Bill the proposed maximum tenant deposit will be 6 weeks rent. However, Shadow Housing Minister, Melanie Onn, wants this to be a 3 week maximum saying: “Labour is fighting for a new three-week limit for rent deposits. The current deal for private renters is unacceptable. Labour in government would do […]

Monthly house price report confusion

8th June 2018

Every month I read enough conflicting reports on house prices to make your head spin. Some up, some down, some the lowest since and some the highest since etc etc. The housing market cannot be defined or predicted by one month’s set of figures from various reports that calculate the statistics in vastly different ways. […]

No notice, because “it’s my house”!

8th June 2018

Sounds unbelievable, but my landlord just called a locksmith to come and change the locks and has taken possession of his house without any kind of legal process. I caught him in the act and made a video. He thinks he can just do this because “It’s my house”. He called a locksmith and drilled […]

Is it worth the hassle of trying to get tenant to pay?

7th June 2018

Recently we have had 3 cases where workmen have been sent out due to problems reported by tenants. The first was a tenant saying there was a problem with a TV aerial, the second a leak from a washing machine and the third an oven not reaching temperature. The reports received by the workmen were […]

Right to Rent Judicial review permitted by High Court

7th June 2018

The High Court yesterday permitted a Judicial review of the governments controversial Right to Rent legislation which forces landlords to take on the responsibility of customs/border officials. The Joint Council for the Welfare of Immigrants (JCWI) is claiming that forcing landlords to check tenants have the right to reside in the UK during the tenancy […]

Letting agent unwilling to release deposit to me?

7th June 2018

I have two properties in Wales. One I manage myself and the other, up until now has been managed by a letting agent. I decided some time ago to take over the management myself and duly gave 3 months notice to the letting company that I wished to do so. At that time I also […]

Registration live for June 14th National Landlord Investment Show at Olympia

7th June 2018

National Landlord Investment Show is heading back to London Olympia on June 14th. Due to the success of the March show at London Olympia which seen over 4,000 UK portfolio Landlords in attendance we are delighted to be back at this fantastic iconic venue for our 57th show since our launch in 2013. The Olympia […]

PDPLA Donates £500 To Section 24 “Billboard Campaign”

5th June 2018

Martin Silman, Chairman of Portsmouth & District Private Landlords Association “PDPLA” said: “The Portsmouth & District Private Landlords Association (PDPLA) represents around 500 landlords in South East Hampshire and exists to educate, inform and represent its members. We support the Section 24 billboard campaign as apart from the impact on our members, we know the […]

Essential Market Report by Mark Edwards

5th June 2018

Despite Brexit uncertainty and a slump in economic growth¹, the UK property sector is seeing annual house price of 2.2% however “Housing demand has softened in the early months of 2018². London was the only region to experience house price falls. Prices in the capital were one percent lower than a year ago, the first […]

GMB Union warns business and blames policy not landlords!

5th June 2018

The GMB Union conducted a research study on the average rental costs of 2 bed flats in England compared to wage rises during the period 2007 to 2017. Overall rents have doubled compared to wages with increases of 18.2% for rental costs over the period compared to wage inflation of just 9.8%. The average cost […]

Thunderstorm damage demand by leaseholder?

5th June 2018

With the last weekend’s thunderstorms and rain, water leaked into the 1st floor flat and I am owner occupier below on the ground floor. The rain water didn’t effect us, but now and then gutters do not cope with the rain. it happened last year once as well. A leaseholder is demanding payment for a […]

Evicting wife of tenant not on the agreement

5th June 2018

How do we go about evicting a “tenant” who was not on the Tenancy Agreement? Our original tenancy agreement was made with the husband (he is married and lived with his wife there and has a son, now aged 13 also in the house), but his wife was not on the original tenancy agreement, only […]

‘Rumble with the Agents’ raises over £16,000 for Cherry Lodge Cancer Care

4th June 2018

On Thursday 24th May 2018 ‘Rumble with the Agents’, an annual white-collar charity boxing event held at The Holiday Inn Finchley Central, in association with Landlord Action and sponsored by Hamilton Fraser, raised £16,300 for Cherry Lodge Cancer Care. The night saw ten property professionals, with little or no previous boxing experience, from companies such […]

Magnifying glass focusing on the word “refund” on a wooden background

Tenant claiming deposit paid to agent who went bust 6 years ago?

4th June 2018

In July 2006, I bought a 2 bedroom flat and leased it out to a company called London Housing Solutions (LHS). This company was featured on channel 4 in 2013. They sub let it and paid me a guaranteed rent each month in arrears. I did not receive a deposit. In 2012, the company went […]