Page 608 – Property118

How To Corporatise Your Property Business

22nd January 2018

Our first ‘How To Corporatise Your Property Business’ workshop of 2018 will be held on Sat 17th Feb. 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 mortgages intact. The workshop is hosted by seasoned […]

The Sheriffs Office webinar for landlords

22nd January 2018

Rapid eviction of tenants from residential property Webinar hosted by the Sheriffs Office Thu, Feb 22, 2018 12:30 PM – 1:30 PM GMT In this CPD webinar we will cover the eviction of tenants from residential property by a High Court Enforcement Officer under a writ of possession. The webinar is designed for private landlords […]

FCA plans to give small businesses access to the Financial Ombudsman

22nd January 2018

The Financial Conduct Authority (FCA) has instigated a consultation to give small businesses access to the Financial Ombudsman Service following a review of the protections available to SMEs as users of financial services. At the moment only individual consumers and approximately five and a half million micro enterprises can access the Ombudsman if they have […]

43 Properties And Ready To Retire

22nd January 2018

To say that I’m jaded with how the property rental business has been vilified and increasingly taxed, legislated against and reviled by public opinion over recent years is an understatement. I’ve had my fill and need to get out. I’ve been following Mark Alexander and his wife both here, and on Facebook, growing increasingly envious of […]

Property118 partners nominated as best Buy to Let broker

22nd January 2018

The Business Moneyfacts Awards are the largest finance awards ceremony in the UK and without doubt, one of the major highlights in the financial services industry calendar.   These awards look to recognise the providers, brokers and trade bodies that have made a positive impact on the financial services industry during the last twelve months The […]

Belvoir warns of 2018 rent rises and blames Government attacks on PRS

22nd January 2018

Dorian Gonsalves, CEO of Belvoir, the UK’s largest High Street property franchise, warns that government interference in the rental sector is likely to result in a rise in rents throughout 2018 and into 2019. “As 2018 progresses, landlords and tenants will find themselves shouldered with an extra burden of cost due to continued government interference […]

Magic Corner – fair wear and tear?

22nd January 2018

We’ve been landlords of a 2 bed flat for almost 10 years now and have had wonderful tenants the entire time. We’ve recently branched out into running our first HMO, and this is a whole new ball game! We feel like we have much to learn. The HMO is our former family home, and as […]

The pros and cons of the accelerated possession procedure

19th January 2018

Landlords who need to evict tenants will need to serve notice correctly and then obtain a possession order from the court before they can proceed. In this article we look at the pros and cons of choosing the accelerated possession procedure, which can be a faster option. However, it may not be used in all […]

Grant Funding To Improve Energy Efficiency Of Rental Properties

19th January 2018

A contact of mine, who has been in the process of securing grant funding for property improvement works, has just secured a large funding “pot” to provide a number of possible works which will not cost you or your tenant a penny! This is all part of the governments ECO scheme, which is designed to help […]

Haart say new tenant protection Bill does not go far enough!

19th January 2018

The high street  letting agent Haart does not believe the Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill 2017-19  goes far enough to protect tenants. The Private Members Bill brought to Parliament by Labour MP Karen Buck includes giving tenants the right to take legal action over the habitation standards of private […]

Problems returning DPS held deposit for deceased tenant?

19th January 2018

Last May, I received a call from my tenant’s ex-wife telling me that he had died. The following month, the tenancy ended and keys were handed back. The property has now been sold. The one problem I have been unable to resolve is returning the deposit (in full) to the next-of-kin, his daughter. I was […]

‘How to rent’ booklet update

18th January 2018

A new edition of the ‘How to rent’ guide written by the Ministry of Housing, Communities & Local Government has been released on 17th January 2018. Please Click Here to download the full document which must be provided by landlords and agents to all new tenants. The guide is for tenants and landlords in the […]

Is Your Accountant More Of A Book-Keeper Than Tax-Planner?

18th January 2018

Having a good accountant to check your books, make sure you claimed for everything you should and nothing you shouldn’t is very important. At this time of year, we are all dealing with just that, our year end tax returns and paying our tax by 31st January. However, has your accountant taken time out to explain how […]

‘Criminal Landlords’ – A term too easily bandied about!

18th January 2018

Too Often now that term ‘Criminal landlord’ is bandied about by ignorant politicians and Councils for political gain . It is a vendetta directed against the PRS. It is high time that the public were appraised of the reality of the rental market, across the board. To that end I will impart some absolutely shocking […]

How to deal with tenant subletting to cousin in breach of AST?

17th January 2018

We have tenants (a couple & their two children) in our B2L. They look after it and pay the rent on time and I’d like them to stay. We had a big void before they moved in and we accepted a significant discount on the market rent. When I inspected the property in June, there […]

Facebook debate invite requested by MP on Housing Standards Bill

17th January 2018

Labour MP, Karen Buck, who brought the Private Members Bill ‘Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill 2017-19’ to Parliament is requesting feedback from tenants on Facebook. However, there is no request to include feedback from Landlords! The Facebook page, Click Here to view, asks: Tell us your stories of being […]

New rent reporting system that links tenants’ rental payments with their credit report

17th January 2018

A new proptech platform has launched today that links tenants’ rental payments with their Experian credit report and provides a full rent reporting service for letting agents and landlords. The Credit Builder platform is designed to help tenants improve their credit history by building up a validated rental record which they can share with future […]

DWP Service Testers Required

16th January 2018

DWP are making improvements to the current version of the UC47 form.  The form is widely used by landlords when applying for direct payment of the claimants Housing Cost. The UC47 will be moving to an online version where the form will be completed and submitted online. On Tuesday 6th  February 2018 and Wednesday 7th […]