Page 595 – Property118

Home building Stand-off with Government as BTL falls

19th March 2018

The Berkeley Group, one of the UK’s largest home builders, has said that despite government pressure it is unable to ramp up house production. Prime Minister Theresa May has told builders to “do their duty to Britain” and that she wanted “to see planning permissions going to people who are actually going to build houses, […]

RBS policy changes for Buy to Let – 4 to 10 properties

16th March 2018

This week, RBS have introduce policy changes to their Buy to Let lending criteria representing the final phase of changes post PRA rules introduced last year regarding portfolio landlord (4 or more rental properties) affordability underwriting. RBS have increased the total number of Buy to Let properties they will allow a landlord customer to own […]

Undermining the Judicial system

16th March 2018

The onslaught against the PRS knows no Bounds. Sect 24 , Restrictions on the use of section 21, and of course the Flawed revenue raising Licensing schemes being implemented on the back of sham consultations. I now wish to draw Readers attention to the 2016 planning bill. This ill thought piece of legislation allows for […]

Pay off or file injunction on neighbour harassing tenants?

15th March 2018

I have rented out a property for nearly 2 years after relocating abroad for work. My property is an upstairs maisonette that I lived in with my wife for 3 years. Prior to moving we had problems with the downstairs neighbour who complained many times about leaks into their property, each time we had plumbers […]

Splitting Rental Income Between Spouses on first BTL

15th March 2018

My wife and I are about to invest in our first buy-to-let, and we want to make sure we get all our ducks in a row and maximise our tax liability. I work part time, earning less than my annual income tax allowance; my wife is a 40% tax-payer. We had a meeting with a […]

Are fitted carpets landlord fitting or content?

15th March 2018

We’ve just had a neighbour’s drain backup cause flooding in our lower ground floor flat bedroom. Luckily flat is between tenancies. However, our block of flats landlord insurance company is refusing to cover our fitted carpet replacement, stating it’s content and as such not covered. Our policy states under covered items: “Wide definition of buildings […]

Can I add a new tenant to an existing AST or consider a lodger?

15th March 2018

Basically the question is in the title, can I add a new tenant to an existing AST or do I need to give them a new agreement. Just a bit of background, I have had an unmarried couple living in a three bedroomed house for about five years. In that time they have accrued three […]

RLA commissions research on affects of Section 24

15th March 2018

The RLA are asking Landlords to have their say on the impact of the removal of Mortage Interest Relief under Section 24 under a new research project by the University of Cambridge. The RLA has commissioned academics from the university to conduct the research and will use the findings to provide evidence to the Government as part […]

The Sheriffs Are Coming

15th March 2018

BBC iPlayer is now showing Series 7 episodes 1 to 4 of ‘The Sheriffs Are Coming’. Click here to view This series includes the work of The Sheriffs Office and it is a look at the work of sheriffs, as they help members of the public who are owed money. Enforcing Judgements Sometimes having a […]

Buying a property with an existing tenant

15th March 2018

As being a landlord becomes less financially lucrative, with higher taxes and more regulation, there are more properties coming to market with existing tenants. We’ve put together the things you should be considering if you are buying a property with a tenant. We have also looked at what the process is if you wish to […]

Is government thinking of disallowing operating costs, and for companies as well?

15th March 2018

Two days ago the Ministry of Housing, Communities & Local Government launched a survey “Questionnaire used for the English Private Landlord Survey 2018.” The Ministry says that landlords and agents who are protecting a deposit in one of the authorised schemes are randomly chosen to participate, and will be written to by the scheme concerned. Click […]

Section 21 no-fault possession claims down nearly 5000

15th March 2018

Landlord Action responds to latest MoJ statistics The latest landlord possession figures released by The Ministry of Justice (MoJ) show that the number of accelerated possession cases (section 21 no-fault eviction) are on a downward trend, with nearly 5000 fewer cases in 2017 than in 2016.  Paul Shamplina, founder of Landlord Action, believes this could […]

Do I just write off the judgement?

15th March 2018

A quick question of general interest that may warrant floating past Property118 readers and experts. I have obtained a judgement for arrears that a problem tenant owed. However, the tenant has gone to Poland with no thought of returning and is gleefully telling friends and everyone that there is nothing anyone can now do! Is […]

Mick Roberts makes front page of Nottingham Post on Selective Licensing

14th March 2018

Property118 member Mick Roberts has been fighting the introduction of punitive Selective Licensing rules introduced by Nottingham City Council. Mick Roberts on BBC Radio Nottingham Our Own Property118 member Mick Roberts appears on BBC Radio Nottingham’s Mark Dennison Show. Mick tells it how it is in his own inimitable style and how Selective Licensing is […]

Tenant in custody!

14th March 2018

My tenant was arrested last week and is still in custody. She is 1 month into a new 6 month AST. I understand she was involved in some kind of drug deal (on behalf of her boyfriend) – not in my property. The day after being arrested the police came back to search the flat […]

Energy efficiency standards £2500 per property – Just the start!

14th March 2018

Minimum energy standards consultation :- This consultation closed 13th March. At the moment you only have to do measures that have no up-front cost. Clearly with the death of the green deal this would not survive. They are proposing that you have to spend up to £2500 per property to bring it up to an […]

Selective Licensing flaws in Walsall West Mids being ignored!

14th March 2018

I have been following with interest the issues that Mick Roberts is facing in Nottingham with this unfair scheme called selective licensing! Walsall Council have recently ratified a scheme at cabinet level. This was called into scrutiny by other council members, who are opposed to it. I attended that meeting and again outlined how the […]

Can a freeholder stop companies purchasing flats?

14th March 2018

I hope someone here can help me. Myself and a few owners purchased the freehold of our block of flats (27 in total) and formed a freehold company. We have seen in recent months the purchase of flats by a company who basically rents the flats for maximum profit, not caring who is in there […]

Countdown to 1st April Minimum Energy Efficiency Standards (MEES) rules

14th March 2018

Have you done enough to avoid a £4,000 fine? Some 6% of landlords risk financial penalties and being banned from renting if their properties fall beneath imminent energy efficiency rules. From 1 April 2018, the new regulations have the potential to leave landlords unable to rent their properties and tenants with inflated energy bills. The […]

Information Commissioners Office logo

Do we landlords have to register with the Information Commissioner’s Office

13th March 2018

Do we landlords have to register with the Information Commissioner’s Office (ICO)? I have read that all landlords need to by May 25th. Is this true because it sure is not getting much attention? Many thanks Tobias Editors Note There is a self assessment test on the ICO site to ascertain if you need to […]

National Landlord Investment Show Olympia -15th March

13th March 2018

The UK’s leading landlord exhibition is at Olympia on 15th March for it’s first show of the year. Since the launch of the National Landlord Investment Show in May 2013 it has successfully delivered 54 property exhibitions across the UK. Due to the success of its national shows in 2017, three of its shows will […]