I am a newbie to Property & Development and seek advice on structuring a business plan. The process would be broad brush to [Source – Secure – Add Value] to property or land assets. Thereafter the options are to [Develop, Sell or Hold] the asset. In terms of taxation and liabilities can anyone give steering […]

I’ve just started with a Letting Agent and my new tenant, doesn’t want to stop with them. They were a bit terrible to them, not great with me, although Hats off to them, they did seem to locate a very good tenant, which did cost me £800 ouch. Their small print (big company) says months […]

  We are asking all landlords to complete this Poll. We are also extremely interested in your views so please post comments. For example, you may well despise what the Conservative Government has done and you may well mistrust them but will any other party be better? If landlords vote for minor parties might this […]

He’s only gone and done it again! This time it’s in regards to partnership SDLT/LBTT relief on incorporation. Mark Smith is no stranger to challenging conventional interpretation of laws effecting landlords, but the news I got this weekend may well be regarded in the fullness of time as his biggest breakthrough to date. Accountants and […]

A partnership, consisting of individuals G and H (each with a 50% interest), owns the freeholds of many houses in multiple occupation, letting them as a commercial undertaking. None of the properties were introduced by the partners or persons connected to them.  The partners spend a significant amount of time managing the tenants, collecting rents […]

I’ve been an avid reader of Property 118 for a few years now and I’m frequently amazed at the wealth of information freely shared by its contributors. Long may it continue. One question which surfaces from time to time asks “when do you start to enjoy what you’ve built up?”  This usually refers to landlords […]

I have a buy-to-let property that has been in my husband’s name since we purchased the property. It has never been my main residence. The asset was transferred to me in 2014 and is now solely in my name.  If I were to sell this property, would I pay CGT from the date it was […]

On Wednesday 5th April 2017 evening BBC1 Panorama featured “The Benefit Cap: Is It Working?” Seminar details:  The programme was similar to Dispatches Benefit Families recently featured on Channel 4. The reporter followed 5 families over 5 months to see how they were affected by the benefit cap and whether they were coping. Caroline Nokes […]

Have you ever wondered how it is that each decade or so seems to have reported house price growth exceeding all our other economic  numbers? Doesn’t seem right somehow does it ?. If that were really the case, then by now houses just wouldn’t be within the reach of maybe 95% of the population and […]

Did you know that 55% of UK landlords own only one investment property? So many start with the intentions of building a portfolio – they start to ascend the learning curve, but never get the advantages of using those initial learnings again and again to build an ever expanding property portfolio. Warren Buffett is often […]

Next week we will be sending the following to all UK Councils.   Please Support Our Work Freedom of Information Request To Whom It May Concern We are attempting to quantify the impact on homelessness over the next 5 years in the [merge in name of Council] area. A survey carried out in November 2016 […]

Those who claim Universal Credit will apparently see a vital change to the “taper rate” which came into force on the 11th April 2017, the claimant’s UC award will be reduced by 63p for every £1 of net earning in excess of their work allowance, as opposed to by 65p for every £1.  Please follow […]

Scottish Government have published a consultation on both minimum energy standards and standards on homes in the private rented sector (and now including Furnished Holiday Lets and Serviced Apartments). The aim is to bring the private sector in line with social housing, although some requirements for PRS are much stricter than Social Housing, but excluded […]

I have 2 buy to lets in West Yorkshire.  I have a salary of £30k from a full time job. Each property annual turnover is 6000. I also have a vitamin company with net profit £20k Will I be high tax band or low? Thanks Amjed  

I have a house that has been converted into two self-contained flats recently. The flats have achieved building regulation certification for the conversion BUT NOT planning permission. My current insurers don’t specifically ask about planning permission even though they know it’s a house split into two flats but when, in the interests of full disclosure, […]

While the private sector must turn a profit in order to pay it’s staff and management team, things are very different in Local authority world. The Prime minister is left behind by approx. 539 heads of local authorities around the country who earn more than her salary of £150k. Surely this cannot be right. How […]

My husband and I have been married for 25 years, separated for 8 years. I have now decided to divorce him because of his unreasonable behaviour. We have several buy to let properties and also land with planning permission to build houses. Would it be possible for me to put an uplift clause or similar […]

HOUSE prices are set to boom 25% over the next four yours according to the Centre for Economics and Business Research (Cebr). The Cebr are predicting an increase in house prices of £52,000 to an average home price £272,000 by 2021 as confidence in the UK housing market remains high. The current average house price […]

I own a small flat in a Victorian Block and over the last 3 years the management company have constantly been requesting improvements fees, to the tune of around £30,000 over the last 3 years. As they do not accept credit cards, I usually wait till their solicitor writes me a letter then I pay […]

I recently exchanged a number of emails with someone who supports Section 24 of the Finance (No. 2) Act 2015.  The emails are self-explanatory. The challenge for you is to guess who my correspondent is? EDITORS NOTE This is a very long article which you will not want to stop reading once you get into […]

Ten years ago this month (April 2007) tenancy deposit schemes were first introduced in England and Wales. You need to go a little further back to understand why they were brought in, though. Rewind to June 1998 and the National Association of Citizens Advice Bureaux (NACAB) published a damning report based on CAB clients’ experience […]