Page 602 – Property118

Act fast and generate 8.6% return on your investment

28th August 2018

We have secured beautiful properties within the St John’s Presbyterian Church conversion, as well as stunning, new-build, semi-detached properties within the grounds. St John’s Gardens is situated in a highly sought-after area in Runcorn, benefitting from excellent transport links and an abundance of great primary and secondary schools very close by. There is no time like today to […]

Subsidence on prospective neighbouring property?

28th August 2018

My wife and I  have had our offered on a property accepted by the vendor. The problem lies in the fact that at the bottom of the garden are a row of adjoining terraced houses with the foundations of the end terrace alleging to have been affected by the tree planted at the bottom of […]

Looking for help with MX appointing receivers?

28th August 2018

For anyone looking for help with Mortgage Express appointing receivers. Check who signed the paperwork for the appointment. Did they work for the company. It should be signed by a director, secretary and attorney. Cross check the authorised name on companies house. In my case the people were not known to the company. The terms […]

Serving S21 when you have not given tenants right paperwork upfront

28th August 2018

If you are one of slightly lazy landlords like I am at times, who allowed new tenants to move in and had not given your new tenants a copy of a valid Gas safety record , or the new booklet called “Right to Rent”, and or Energy Proficient Certificate (EPC), then worry not, it is […]

‘Housing Charity’ Shelter – Clearly a Double Misnomer

24th August 2018

Serious questions were raised by my colleague on P118 ‘Free Advice for Shelter‘, concerning the so-called ‘housing’ charity Shelter. As we know, it is clearly a double misnomer to call this multi-million pound organisation a ‘housing’ charity or ‘Shelter,’ as it provides neither. Clearly, most of the money goes on salaries and those salaried employees […]

Free advice for Shelter

24th August 2018

Shelter have supported various initiatives to change the PRS so I wondered if I could do the same for them.  The accounts to March 2018 aren’t online yet, so I looked at the previous year’s figures: Click Here The total remuneration received by the six directors during the year was £763,446. There were 1,273 members […]

How to deal with Anti-Social Behaviour

24th August 2018

What is Anti-Social Behaviour? Anti-social behaviour is a a wide range of unacceptable activity that causes harm or alarm to others or their community or environment, often leaving the person feeling alarmed, harassed or distressed. Examples of anti-social behaviour may include: Excessive noise in quiet hours of the day Rowdy behaviour – shouting, swearing, fighting […]

Was Nottingham CC Selective Licensing consultation really in favour?

23rd August 2018

Dear Landlords, Someone has sent this the enclosed pdf through, link also below. With more legal knowledge than me you may pick up on something.  The attached document has some ‘data’ he collected for selective licensing. Looks very damning reading against the council: Were the Nottingham City Council Selective Licensing consultation results really in favour […]

Refurbishment to make flats more modern and energy efficient?

23rd August 2018

I decided to start a refurbishment program to make the Flats more modern and more energy efficient. I replaced the very old double glazed windows with brand new  A rated ones. Replaced the water heating with A rated one took out the storage heaters and fitted the new energy efficient ones. Refilled the roof with […]

Introduction to High Court Enforcement Webinar

23rd August 2018

Introduction to High Court Enforcement: This webinar is for legal professionals and businesses who would like an introduction to the High Court enforcement process. Wed, Sep 12, 2018 12:30 PM – 1:30 PM BST Click Here to register

Taxi company or sole trader?

23rd August 2018

I am buying a detached property for slightly over the property value as it has land that had planning permission for another 3 bed detached property. I plan to either convert existing property into 3 flats and build a further 3 flats to the side, or demolish as my planner feels I can get 9 […]

Government urged to incentivise Landlords in Autumn Budget

23rd August 2018

Belvoir’s 2018 Q2 rental index reveals that more landlords are selling up, and less are investing in the Private Rental Sector (PRS), due to increased legislation and punitive taxation policies. Belvoir is calling for the government to take urgent remedial action in the Autumn Budget to incentivise those landlords who are providing much-needed good quality […]

NALS rebuke discrimination accusations

23rd August 2018

The National Approved Lettings Scheme (NALS) have rebuked the ‘end DSS discrimination’ campaign accusations made by the National Housing Federation and Shelter. NALS chief executive Isobel Thomson has issued a statement backing letting and managing agent’s ability to deal with prospective tenants on a case by case basis including ones in receipt of benefits. Isobel […]

Tenant too young to look after property

22nd August 2018

Hi all, I am a newbie here and in the properties business. I bought my first property 3 years ago and have same tenant and estate agent fully managing property since. 8 months ago I realised the agent had not inspected property for over a year and sensed something was wrong so I contacted the […]

Humber Landlords’ Association taking Hull City Council to the High Court

22nd August 2018

A new policy from Hull City Council will affect landlords’ operations and could spark a homeless crisis through repossessions and significant rent increases in any of Hull’s twenty-six thousand rental properties. The Humber Landlords’ Association (HLA) is taking Hull City Council to the High Court with support from two national associations – the Residential Landlords […]

Discrimination in the rental sector

22nd August 2018

David Cox, Chief Executive, ARLA Propertymark comments on the story from Shelter and National Housing Federation about discrimination in the rental sector: “This is a systemic problem with how housing benefit works. Rents are paid in advance, whereas housing benefit is paid in arrears, and therefore with such a shortage of rental accommodation, landlords and […]

What does a landlord look like?

21st August 2018

While the public’s image of a typical landlord might be a money-grabbing property professional, the reality is different. Office admin roles, alongside jobs in IT, teaching and accountancy are the four most common occupations for landlords, according to new research. Two thirds of landlords have what many would class as ‘normal’ jobs, and rent out […]

Min space standards for unlicenced HMO?

21st August 2018

Contradictory information online regarding the new space standards that apply from 1 October in relation to non licenced hmo’s. Specifically does the minimum bedroom size of 6.5 sqm apply to a three bedroom property occupied by three non related sharers. In planning terms a HMO is defined by three non related sharers and often confused […]

Stamp duty sign

Relief from higher rate SDLT for spouse transfers – true or false?

21st August 2018

I would like to transfer my 50% interest in a mortgaged BTL to my spouse who already owns the other 50% as tenant in common. We also own the family home. No CGT on transfer between spouses – so that is not an issue Transfer would be by declaration of trust without changing the Land […]

Our property tax strategy finally has clarity

21st August 2018

For far too long now my husband and I have been worrying about section 24 and tax on capital gains. We have already sold three properties and our strategy is to pay down mortgages. The problem was that the CGT our accountant calculated takes such a huge chunk of the net sale proceeds. It felt […]

Can I pay all my tax in the Isle of Man

20th August 2018

I live and am a resident on the Isle of Man for over 10 years. My pensions from the UK are sent to IOM without tax being deducted and I pay the tax on IOM. I have properties in the UK and pay tax on them in the UK. I would like to pay all […]