According to Savilles, “the London Plan” is to build 42,000 homes a year in the UK Capital whilst housing demand is thought to be nearer to 64,000. However, lower sales rates are predicted to see the number of homes developed in London by 2021 plummet to just 18,000. What is driving this one might ask? Could it […]

This Landlord Events Calendar is intended to unite the Private Rented Sector. We have made it FREE for all landlord event organisers to promote their events. Alerts enable landlords to be informed of new events in their area. Users can search by maps, by date or a list of events in date order. The Events Calendar sits […]

My wife and I jointly own a portfolio of 42 properties.  We recently sought advice on incorporation from an independent tax adviser who, interestingly, referred us to Property118 and suggested we look into BICT to avoid refinancing. I have to admit to being instantly hooked. Our reasons for considering incorporation are:- We want to start […]

The new Buy to Let Offset mortgage has been designed by the Family Building Society to help reduce the impact of Section 24 tax changes for private residential landlords. Any money held a linked savings account with the Society will reduce the balance for which loan interest is calculated on the mortgage by the same […]

Can I ask has anyone else had this with this pathetic Council !! I have been getting my properties Licensed with Liverpool City Council and they keep issuing the License to the bank instead of me for some reason. Every time they issue me with a licence I have to email them telling them that […]

This Thursday the much-maligned Section 24 comes into effect. The Axe the Tenant Tax coalition are marking this important day with a stream of new content featuring the RLA, NLA, ARLA, landlords and various coalition partners, in a new drive to raise awareness amongst landlords who as yet still don’t know the gravity of the […]

Wednesday 26th April 2017 is going to be the biggest date this year for portfolio landlords who are looking to restructure their businesses for optimal efficiency. I will be making the trip from Malta to London for one night only in order to co-present an exclusive evening with Mark Smith, Head of Chambers at Cotswold […]

This is a really tough one to explain but bear with me, this is the first tax year that we do not claim our 10% wear & tear allowance, but there is still a residual value of “all of the old furniture fixtures and fittings that as sole trader landlords we own personally”. In short […]

As predicted four days ago, the Tribunal released a decision , which is beyond comprehension ,unless one lives in Local authority world. I will summaries the decision of the the First Tier Tribunal Manchester Case number MAN/00BY/HML/2016/0005. SWEENEY V LIVERPOOL CITY COUNCIL: The Tribunal refused to rule on my first point but accepted my last […]

Friday I launched a crowd funding deal with a twist. It was an opportunity to be involved and fund a full planning application for a Grade 2 listed office building to residential conversion. Obviously investing in such a deal comes with more risk than usual so I ‘pitched’ it as a high risk investment. However, […]

I have been living in a shared three bedroom flat in London for almost a year. I have just been asked to move out within a month as my flat-mate feels we don’t get along. I would like to know what my legal rights are, as I understand an official termination must come from the […]

UK Asset Resolution (UKAR) has today confirmed the sale of two separate Bradford & Bingley asset portfolios comprising performing Buy to Let loans for a total of £11.8 billion to Prudential plc and to funds managed by Blackstone. Non-performing loans are where a scheduled mortgage payment has not been made for more than 90 days. […]

There is now an All Party Parliamentary Group on Fair Business Banking and it is making great headway including with LPA Receivership: Link to site http://www.appgbanking.org.uk/ The Group is asking for victims to engage their MPs and ask them to support the work of the APPG and also us as individuals. The APPG is also […]

A few years ago the following were published on P118: June 2012: https://www.property118.com/claiming-home-as-office-expenses-for-landlords/29305/ August 2013: https://www.property118.com/question-can-landlords-claim-for-use-of-home-as-office/42244/ Has anything changed since then? Many thanks Michael

The saga of Liverpool Landlord licensing continues unabated. This Council have been taken to the First tier Tribunal because it has now come to light that Liverpool have been operating a two tier application process, unheard of by any other local authority. In essence LCC have issued Draft copy licences to some landlords which are […]

I have a building in multiple use (shop and a couple of flats) that I have recently had a fire risk assessment carried out on. One of the recommendations is a full electrical safety inspection which is going to take 4-6hrs. Whilst it is possible to isolate each individual unit from the main incoming supply […]

Are you a Landlord in the Oxfordshire area or elsewhere and have had dealings with LPA Receivers being appointed and feel it was not correct. An expose is being put together by a local radio station. Do any and or all of the following sound familiar about your experiences once the Receivers have been appointed:- […]

The controversial Landlord, Fergus Wilson is likely to face civil charges under the Equality Act for racial discrimination. Mr Wilson, who claims to be one of the largest UK property owning landlords, was reported to have instructed his letting agents not to rent to “coloured people” because of the cost of removing the smell of […]

I am looking to buy my first flat and I can only really afford a studio in London. However I have noticed some have the same gross internal area as some one beds and I could easily re arrange the layout to create a bedroom. If I was to convert a studio into a one […]

The comprehensive report written by Dr Rosalind Beck: Section 24 of the Finance (No. 2) Act 2015: “the unjust legislation that will make the UK housing crisis much worse.” Has been sent to The Centre for Housing Policy at the University of York which will be carrying out a review of the PRS led by […]

I’m having a real pickle with a gas engineer (employed by my agent), who has given me an At Risk status on my cert which as far as I can tell is quite contrary to the legislation. The point made is that he states there is no secondary control valve to bee seen, and although […]