Westminster Council have placed its own lettings agency, CityWest Residential, on Sadiq Khan’s Greater London Authority’s register of rogue landlords and letting agents. CityWest Residential was fined £15,000 after being found in breach of Section 83 of the Consumer Rights Act 2015 for failing to display its letting fees accurately, details of its Client Money […]

Sajid Javid, the Housing Secretary, has released new plans over the weekend to create a simple complaints procedure for ‘consumers’ (tenants) to gain access to dispute resolution and compensation and indicating tenants should have “a clearer version of redress for their grievances.” The PRS currently has no compulsory complaints system as there is in industries […]

I think this may have been covered in the past regarding tenants and fraudulent applications. I have a current tenant who used a fake employers letter and fake previous landlady reference to secure the tenancy. The tenants have also been in the Property nearly 2 months without making any rental payments! Surely this is fraud […]

17th March Workshop – PLACES AVAILABLE  ‘How To Corporatise Your Property Business’ workshop. The next one is Sat 17th March, with just a few places remaining. The workshop takes you through the process of incorporating your personally held property portfolio into a limited company without capital gains tax or stamp duty, while retaining your existing […]

Being a fan of Jacob Rees Mogg, I was struck by a comment he made in a recent U Tube article. He stated that David Cameron had made a condition passed into law that there would be no increase in income tax during the tenure of his Government. I don’t know the ins and outs […]

Will I pay the additional 3% Stamp Duty Surcharge? This is by far the single most commonly asked question to Property118 and it is about time HMRC made the rules far clearer and easier to understand. Even professionals are getting it wrong including solicitors. Government released figures reported on a while ago show 15,700 purchasers […]

I know there are many, many variables to this question but as a quick poll (assuming we all know about section 24, SDLT etc,) how would you invest £100k? 1, Buy more property through new limited company but maybe not great for regularised income? 2, Buy a holiday home, which avoids section 24 for now […]

A tenant who signed a one year contract in November 17 called in January saying she was moving out the following week! My Letting agent advised the guarantor would have to pay and for me not to worry as the contract would only change when a new tenant takes over the property. I have now […]

I am living in a house for last 5 years that have large garden and recently got Planning for building another similar house in the garden. I want to build the new house as self build and move in to it as my PPR. Once I moved into new house I want to renovate the […]

Whether you own a single property or a portfolio, if your assets are subject to mortgages and secured loans, now is the time to review whilst rates are probably at the lowest they will be for a long time. Industry experts are warning of significant upward interest rate changes for mortgage rates in the next […]

Unfortunately our long standing tenant recently took an overdose, which resulted in her death. We don’t know if she died in the house or in hospital. Our rental agent has said that it is a legal requirement to disclose these facts to prospective tenants. Is this information accurate? It seems a strange area to be […]

In light of the Government’s crackdown of ‘unfair and abusive practices within the leasehold system’, online housing agents Sellhousefast.uk decided to investigate the sales of leasehold properties in England and Wales. Sellhousefast.uk analysed data from the Land Registry and found that the leasehold system is very much alive in both England and Wales. Perhaps more […]

An issue which has been bothering me is that when national rent figures are worked out by various organisations, what do they do about student rents? As landlords know, students often pay half rents over the summer. However, since the Government launched its war on landlords, most viciously with Section 24, I believe many landlords […]

This could be more of a true reflection of the real housing market than most other figures as it shows the end product of purchases and remortgages. Stagnated UK property market hits conveyancers During a testing year for the UK property market, conveyancing firms have been fed a lower volume of transactions, resulting in the […]

I have a small portfolio of properties rental properties in the UK as well as a teachers’ pension both of which would remain taxable in the UK if I relocate to France. My problem is that the tax year in each country is not the same and it seems that I can change neither. The […]

In an effort to win over animal loving votes the Labour party wants to give tenants a default right to keep pets in their rented home. Landlords can only refuse permission under the 2015 Consumer Rights Act if it is reasonable to do so, for reasons such as the animal’s size, possible damage and impact […]

Is being in a ‘No Mains Gas’ area a valid reason for EPC exemption? We have a rental property which is in an area that has no mains gas so it has LPG fuel instead and got an EPC F rating. The person who did the EPC said that the property would have a D […]

I hope this forum can help for my CGT/PPR problem. This is my exit strategy to sell my properties I bought House A with my wife in 1987 for £82000 and lived there as my PPR until 2000. I bought House B (my current property) in 2000 for £230000. I let House A from 2000 […]

I was told by the council (South Holland) in North Cambridgeshire that there was a prohibition notice on my property and the tenant has vacated. However, when I sent workmen to secure the property this was not the case the tenant was still in situ. The following week the tenant did vacate and the schedule […]

Bancourt House is a luxury retirement resort based in the Torquay area of Devon – famously known as the English Riviera, aimed at accommodating both short-term and long-term residents. The building will be transformed to include 42 luxury studios. On site will be amenities typically associated with luxury, such as a heated swimming pool, exclusive […]

Telford and Wrekin council wanted to impose a Selective Licensing scheme for Landlords, but had 900 responses to its consultation resulting in the scheme being dropped. This is the most feedback the council has ever received to a consultation with a significant backlash to the plans. Landlords are no longer faced with purchasing a five […]