Hi All, Just had this piece of new legislation pointed out to me by a client. Although I heard Sajid Javid’s sabre rattling around Christmas, I hadn’t heard much more on it since. The new piece of legislation, made 20/02/2018 and laid before parliament 23/02/2018 appears to be coming in to force 01/10/2018 and would […]

I have one property rented out since I down graded to a small flat in August 2016 only. I am thinking of opening limited company as people say that is more tax sufficient, and asset is owned by the company rather than myself which can paid for my care in old age. Can anyone guide […]

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 going to directly affect his Benefits Tenants. Click Here for BBC Iplayer Mark Dennison starts talking about Licensing @ 1hr 12min and 30 seconds. He […]

Granite House is a Grade II listed building on Stanley Street in central Liverpool. Built in the traditional construction style of the early 20th Century, it will be re-purposed to a boutique student accommodation development. Many of the buildings on Stanley Street are old warehouses (a nod to Liverpool’s industrial past) that have been converted […]

I have had a tenant move out of a property recently and because it was 2 weeks into the month I was told that I would not get the rental payment. The Universal Credit team told me that if it had been 3.5 weeks into to the month I probably would of got the rent. […]

I would really appreciate an opinion on this from those who might have been sued for more than three times deposit and any legal experts who post on here. I am concerned about the many “ambulance chasing” legal firms around who are promising to get tenants awards of up to nine times deposit. While some […]

I have a pressing problem with the planned purchase of a BTL. I wonder if you could help? In summary, I’m looking to buy a house through my BTL Ltd Company (set up following section 24.). The house is a good investment as it is split into 5 self-contained flats and in a row of […]

24Housing has reported that the Court of Appeal has ruled that councils cannot use selective licensing conditions to impose new standards on private rented homes. Paul Brown, a landlord in Accrington, is challenging Hyndburn Council which sought to use its selective licensing scheme in certain areas of the borough to force the installation of carbon monoxide […]

I am wondering if anyone could answer this question. I own a property outright that my Mum currently lives in. Mum now wishes to move to Spain and has asked me if I can get a Buy to Let mortgage on the house to free up some funds. My question is if Spain for whatever […]

Lettingsupermarket.com are assisting in the representation of a large Investment Group based in the U.S. who specialise in the acquisition of Student Accommodation. They currently have over £300m invested in Student Accommodation developments in the U.S., with over 3,000 units across Maryland, New York and California. They are now looking to acquire Student Accommodation developments […]

This week landlords watched with trepidation as the BBC presented a so-called Panorama investigation into the use of Section 21 notices in the private rented sector. The inauspicious title: ‘Evicted for no reason,’ warned us that we should expect the usual bias and inaccuracy as Section 21 notices are not served for no reason. That would just […]

Here at the Sheriffs Office we have been pleasantly surprised at the speedy turnaround of writs of possession over the past few months. This can be a huge advantage to landlords for whom receiving rental income is important, and to whom rogue tenants have caused undue stress and financial hardship. It can mean that within […]

Private landlords in England need to be prepared for increasing regulation following the publication of a Government consultation. Tim Miles, a Partner with national firm Clarke Willmott LLP, says the consultation on electrical safety will have a significant impact on private landlords and the buy to let sector in England. The consultation proposes to compel […]

Can anyone get there head around this for me. An investor wants 3 flats building (Value is £465k) by “giving” me or my company £450k to do a commercial conversion to 6 flats. I keep the other 3. Worst case scenario, the company needs another £350K to do the work and cover all loan fees […]

Capital gains tax receipts hit £5.5bn in January and leaves the Treasury on course to rake in £8.8bn this tax year. Analysis of the tax receipts by NFU Mutual, the financial advice firm, show the taxman is set to collect around £0.4bn (5%) more than in 2016-17. HMRC usually receives a glut of Capital Gains […]

I might be late to the party with this one. Yesterday I received from HMRC a letter/notice under Paragraph 1, Schedule 23 to the Finance Act 2011 from HMRC requiring me (as a letting agent) – a ‘relevant data holder’- to provide ‘relevant data’ about the landlords I manage for and the payments that have […]

A water pipe has burst in a brand new property rented by a family member of mine. Lots of the tenants possessions are water damaged. The landlord (a big corporate London agency) is doing the right thing and paying for alternative accommodation – but is the agency/landlord also on the hook for the water-damaged possessions […]

This week, BBC Panorama (Wednesday 21 February at 20:30) investigates the widely debated Section 21 no-fault eviction procedure and whether tenants deserve more protection, or whether new rules would make the housing crisis worse. The show will feature leading tenant eviction company, Landlord Action, highlighting the real reasons landlords turn to Section 21. Instances of […]

This is a must read for all landlords with HMO’s in Bristol. The council proposes to introduce an Additional Licensing scheme for houses in multiple occupation across Bristol City.  Specifically 12 wards that make up central Bristol – Ashley, Bishopston & Ashley Down, Central, Clifton, Clifton Down, Cotham, Easton, Hotwells & Harbourside, Lawrence Hill, Redland, Southville and […]

You know how some offers are just too good to refuse? Well I’m sharing one with you right now. If you’re anything like me then £60 of a minimum order off a £99 wine order from Naked Wines is probably going to be of interest. You’re not tied into making any future orders through them and […]

Last week Jeremy Corbyn unveiled a draft animal welfare policy, which included plans from Labour to make it mandatory for tenants to be allowed to keep pets in rental properties. However, property management franchise Belvoir, which has over 300 High Street offices, has many landlords who already support this initiative, and has some top tips […]