The New tenant Tax Nottingham Council expects private tenants to pay-Selective Licensing The truth about Nottingham Council putting private tenants rents up Licensing cost £780 PER HOUSE Accreditation cost roughly £100 per house Electrical certificate £140 EACH HOUSE + average works per house £97 as stated by Government Floorplans each house £30 Inventory each house […]

My wife and I are in our mid to late 60s, Our commercial property is in our daughter’s name (long story). She and her husband, who have a separate business of their own, now wish to have the property put back into my wife’s and my own names. The (commercial) mortgage, LTV approximately 45%, is […]

My tenant has not signed a new tenancy agreement since December 2015. She is on a periodic. Do I have to give my tenant a copy of the new How To Rent Booklet. Thank you for any information. Christine Editors Note: For reference the new .Gov how to rent guide Jan 2018 can be downloaded […]

A question on Capital Gains for a Primary Residence when I’ve never strictly permanently lived in the property in question…don’t be too hasty to judge, (I hope) there are a few mitigating factors! My mother sold the family home back in 2008, gifted me a sum of money and with that (and other private savings) […]

A little known amendment to Stamp Duty Policy in the Autumn Budget 2017 could help 1,000’s of small landlords in regards to their tax planning. The changes were billed as “Minor Amendments” and were overlooked by many landlords and their accountants who believed the changes wouldn’t affect them. HOWEVER, the new rules confirm that the additional […]

I would be grateful for any advice you can give me. My husband and I own a small property portfolio jointly 50/50. I am employed, but he is not. My rental income plus earned income puts me into the higher rate tax bracket. We had very low expenses this year and consequently we are facing […]

Hi All, Ive made a bit of a school boy error here. I have a small portfolio, and my last purchase around 4 years ago was a flat in South London had the following clause for the ground rent: Ground Rent £250 Reviewed every 10 years by a factor of 2 or by RPI whichever […]

The housing charity “Shelter” have formally admitted that it can take a landlord 8 months to evict a tenant using a section 21 notice. The admission is in the form of their latest viral video campaign. Despite this, they continue bleat that legislation is biased in favour of landlords. How can taking 8 months for a person […]

We are delighted to report that another Property118 member Mark Edwards, MD and founder of Mortgages and Insurers Solutions, has led his company to winning the award for “Highly Commended Buy to Let Mortgage Broker of the Year” at the Business Moneyfacts Awards 2018. Claudia Winkleman presented the award that acknowledges the expertise and superb […]

I have never had any DSS lets before and this is the first encounter. My estate agent has recommended a DSS tenant to take up tenancy despite the tenant has FAILED reference checks. The reason given was ‘incorrect or incomplete information on application form’ on the reference report. Obviously spoken to my well-known high street […]

I am a Property Landlord, based in North West England and I have 36 mortgages, which were originally taken out with Mortgage Express and GMAC and need recommendations of any Solicitors with specific experience in dealing with UKAR’s bullying tactics. I was forced to resign my Mortgage Deed, the main impact being repayment of all […]

The Scottish Association of Landlords recently reported that Kevin Stewart MSP has written to the chief secretary to the UK treasury to express concerns about the impact of the “section 24” tax change, which reduces landlords’ tax relief on mortgage/finance interest. In his letter he wrote: “…in recent engagement with private landlords in Scotland, many have […]

Axe The Tenant Tax had a request from a very supportive journalist that has been covering our campaign from the start.  It comes from one of the respected National broadsheet newspapers.  This is what they need… “I wondered if you might be able to help with a big article I’m writing for April 8 on […]

I am buying off-plan flat, BTL investment in Liverpool. The Selling agent offered £300 ground rent be reviewed every 5 years according to RPI rate. However, that wasn’t the case. The ground rent is £350 doubling in 5 years then to be reviewed every 5 years according to RPI calculations. £700 ground rent in 5 […]

If rent is due monthly under the terms of an AST, but the tenant pays 6 months rent in advance then if the time period the advance rent covers straddles a tax year is the full rent recorded in the tax year it is actually received or is it applied pro-rata? In other words, if […]

Lettingsupermarket.com™ are proud to introduce their Birmingham lettings specialist Bradley Drew, director of their latest franchise, Lettingsupermarket.com™ Birmingham . Bradley and his team, based in the city centre, will be providing Landlords with a personal experience and superb local knowledge to ensure that every aspect of property management is dealt with as efficiently as possible. […]

Jeremy Hunt, the Health Secretary, has been slammed in the papers for reportedly purchasing seven flats in Southampton in the name of a new limited company. Karen Buck, Labour MP, told The Sun: “It’s shocking that while renters wait, seemingly forever, for any help from the Tories, the Health Secretary is spending his time buying […]

I have a prospective tenant who has put forward her mother a guarantor as she has a bad credit rating. Her mother has an impressive profile on LinkedIn and I think she would be suitable as guarantor. I have not had a guarantor for any of my tenants before and wondered what other members thought […]

Dear Mr Daniel, Freedom of Information Request 542790 (Revised) Thank you for your recent request for information. Your request was actioned under the Freedom of Information Act 2000 in which you requested the following information – The number of Complaints, Inspections and Actions taken regarding dwelling houses in Liverpool council area, 2014, 2015 and 2016 […]

Just wanted to take the opportunity to post everyone on a hugely unfortunate incident that has cost me a lot of money. In the best case I am hopeful that some readers might have encountered something similar before and managed to recover some of the loss, worst case hopefully the readers can learn from my […]

Hi all, I have a tenant almost 4 months into his 6 month AST. He is terrible at paying rent and currently 2 months behind. I do not with to extend his tenancy beyond the 6 months mark. What do I need to do to end the agreement? I am assuming I need to send […]