A landlord can concurrently apply for a possession order and leave to transfer up to the High Court for enforcement. This can and should be done if you feel your property is at risk from tenants who may wish to destroy or damage your property as there can be a long wait for a County […]

Westminster Council in London is looking to crack down on property owners unlawfully letting their homes on a nightly basis using platforms such as Airbnb for more than 90 days per year. Airbnb lettings in Westminster have more than doubled in the last two years to over 3,600 and rising with nearly 1,500 of these […]

The Monetary Policy Committee (MPC) today unanimously voted to keep the Bank of England Base Rate at 0.50% and maintain the current levels of Quantitative easing. Good news at least for borrowers. With inflation now at 3.1% it remains to be seen how long it will take for the fall in the Sterling exchange rate […]

Portico London estate agents recently put on a sell-out investment seminar, where a host of industry experts gathered to share their insight on some hot property topics. One of the first experts to speak was Carla Sateriale, Senior Policy Advisor for UK Finance. Carla and her team represent the first charge mortgage market, and as part […]

I read an article yesterday where an MP suggested restricting the number of properties that are available for non UK residents to purchase. The idea being that if wealthy foreigners didn’t buy the properties then they would be available for UK residents and hence the housing shortage would be lessened. This got me thinking – […]

Some say that each Bitcoin might be worth $5,000,000 in years to come! Well if they are right I will settle for owning just one thank you very much 🙂 Some say it’s the modern economic version of ‘Tulip Mania‘ The truth is, I have absolutely no idea whether the recent growth in popularity of […]

ARLA Propertymark Predictions for 2018 As we approach the new year, there are a number of hurdles on the horizon but scope to remain hopeful. With further interest rate rises expected, Brexit negotiations to overcome and the cost of living escalating, the property market could see significant changes. Almost three in five 59% of letting […]

You are now the Prime Minister/President/Absolute Monarch/Dictator of the United Kingdom… Your task is to restore the nation’s finances, to create sound economic foundations, and to ultimately break the current self-defeating cycle of: reduced tax yields -> higher tax rates to regenerate public services -> stultified economy -> further reduced tax yields -> even higher […]

A new report from the Chartered Institute of Environmental Health (CIEH) has revealed strong support for an update and review of the current Housing Health and Safety Rating System, which is used to take action on poor housing. The Housing Health and Safety Rating System (HHSRS), introduced in the Housing Act 2004, assesses risks to […]

Thanks to a joint marketing campaign with Cotswold Barristers and AccountingWEB we now have a database of 747 accountants (and growing) who have taken the time and trouble to download a PDF explaining the BICT incorporation structure and the associated viability analysis software. Our plans are to share further proven structures with these accountants over […]

Has anyone expertise out there in the best way to go about buying a property with a view to splitting the plot? I believe you can make a planning application while you are purchasing the property. However, is this going to be a realistic option if you need to make an offer quickly to secure […]

I run a HMO which has recently been visited by an enforcement officer from the London borough after a failed application for a C3 to C4 change of use (based on the fact that the council states Article 4 does not apply to my property on their website.. but apparently it does). I am now […]

I’ve been approached for a student let, but the student is under 18 (17 and not 18 until the end of next year) – it is a University Place rather than 6th form college (!). I was fine with it, but as he’d asked the question thought I should have a little dig and found […]

I am the freeholder of a property that consists of 2 maisonettes and recently discovered that a section 42 notice had been served to extend the lease.  However, I never received the notice as I have since moved. It has been over 2 months since the notice was served. I am unsure where I now […]

Property118 Limited has just released a new spreadsheet for landlords and their accountants to download free of charge. The spreadsheet is incredibly easy to use and produces instant results. Find out whether it might be possible to restructure your business so that you only pay corporation tax on a significant amount of your future your rental profits, and […]

Good tenant referencing is an essential part of the lettings process as it will give you all the information and advice you need to make an informed decision about the tenants that want to rent your property. With a reference and credit check completed by Advanced Rent’s tenant referencing service, you can rest assured that […]

My ex-wife and I are in the final stages of an amicable divorce. I am keeping the main residence, which we jointly owned together, and I am in the process of buying her out. I have already given her half of the money which she is due. In order to complete the buyout and financial […]

As a married couple we own a house which we have been renting out for the last 18months. As I am receiving an occupational pension and state pension that put me in the 40% tax band I wish to transfer the benefit of this property to my wife. I have read that a deed of […]

The seventh edition of the Kent Reliance Buy to Let Britain report has been launched. The report provides an update on the growing size and value of the private rental sector in Great Britain, and details the returns landlords are seeing across the sector all analysed by region. The seventh edition also focuses on the […]

A few weeks ago, I started filming the new series of Nightmare Tenants Slum Landlords (due to air on Channel 5 in Spring 2018), and one of the eviction cases was for a landlord called Emmanuel in Dagenham. He was owed £6,000 rent by a tenant who unfortunately ran into financial problems, but failed to […]

Recently in Norwich many landlords who attend our networking events have been hit by companies and people renting their houses. These people or companies rent house and then sub let or house workers. It been reported to us that in some cases houses have been over crowded, left in terrible states or utilities never paid. […]