Page 649 – Property118

Legionnaires Disease Course – Wellingborough, Northants 31st March 2017

6th March 2017

Organiser: Chris Daniel – Landlords Masterclass What a landlord can expect to gain from our Legionnaires Disease course: To have the Legionnaires Disease duties and responsibilities of a landlord thoroughly but succinctly explained. A customised and abbreviated summary of around a hundred pages of HSE literature on the subject. [ Summary is 16 pages ] […]

What do you want to see in the budget?

6th March 2017

It might be useful for Property118 readers to vote in this poll by Moneywise on the forthcoming Budget. What do you want to see in the budget? Click Here Currently only 7.22% want to see scrapping of Buy to Let Tax changes. There is also a comments section which would provide a space for a […]

Is it Better to use County Court Bailiff or High Court Enforcement Officers.

6th March 2017

I am hoping I should be able to secure Possession Order this coming Monday. I have spoken to Bailiff department for Court in question and lady advised me that lead time is approximately 3 weeks. However I take this with pinch of salt as I had another Council in the past advised me similar sort […]

Landlord Events – Essex Property Network – 14th March 2017

6th March 2017

The Essex Property Network holds landlord events on the 2nd Tuesday of each month other than August and December. Next Event: Tuesday 14 March 2017 – start time 18:30 Location: Holiday Inn Brentwood, CM14 5NF (Onsite parking for just £1) Itinerary: 18:30 – Casual networking 19:00 – Members introductions 19:25 – Main event & special guest speaker 20:20 […]

I have a house but no keys or tenancy agreement?

6th March 2017

I bought a tenanted house at auction and have been in touch with the letting agent to set up rent payments and copy of tenancy agreement. They are saying they haven’t managed the property since the previous owner went into admin. Rent has been paid for the last month. Surely the tenants pay by DD […]

I think our accountant may have messed up

6th March 2017

I have been reading your Landlord Tax Tutorials with great interest since the beginning of this year. The penny dropped for me in one of the latest articles and I think my accountants negligence has resulted in my husband and I paying £5,000 a year more in tax than we needed to. I would be […]

20 year commercial tenant with no fixed term lease?

6th March 2017

Hi there. I have been a commercial tenant for 20yrs, but without a written lease. My original contract was for 1 year, but its ended up being there for 20 yrs. The landlord now wishes me to have a proper lease. The issue is he wants to do a short term 1-3 yr renewable lease. […]

Overseas investor wishes to invest in UK

4th March 2017

Hello all 118 readers. I would just like to ask anyone if they can point me in the right direction to go.  My sister-in law who is resident in South Africa, but is British, wishes to invest the proceeds of a windfall in UK property (about £400,000). Is there a reputable company she can use […]

How good are your accountants at tax planning?

3rd March 2017

I am constantly amazed at the poor service most accountants provide in terms of tax planning.  I’m generalising of course, but my experience is that around 90% of accountants simply accept the status quo and report information to HMRC on the basis it is presented to them. For example, my consultations often reveal that accountants have […]

Landlords to be responsible for tenants tobacco tax evasion?

3rd March 2017

Just received the following from Local Landlords Association (Devon); HMRC consultation on preventing tobacco duty evasion: property implications HM Revenue & Customs (HMRC) has published a consultation on proposals to tackle tobacco duty evasion and other excise duty evasion. This follows an informal consultation in which several respondents suggested imposing a duty of care on […]

Increasing a mortgage and claiming interest relief

3rd March 2017

HMRC Quote; If you increase your mortgage loan on your buy-to-let property you can also treat interest on the additional loan as a revenue expense, but only up to the capital value of the property when it was brought into your letting business. HMRC Example; You purchased a buy-to-let property for £120,000 with a mortgage […]

Private Landlord says I must wait for grant to get hot water!

3rd March 2017

I am looking for advice regarding an issue I am having with Private Landlord. I am a lone Parent in a Private Rented Property. I have a Short Assured Tenancy which has been a rolling contract as I have stayed many years at the property. My Boiler stopped working properly a fortnight ago, and although […]

Property Networking Meetups

3rd March 2017

We would like to know which property networking meetups are attended by Property118 readers. If you attend any such events on a regular basis please tell us about them in the comments section below. How many people typically attend? What are the benefits of attendance? We are happy for you to add website details for […]

Paul Shamplina to star in third series of Nightmare Tenants, Slum Landlords (5th March)

3rd March 2017

Paul Shamplina, Founder of Landlord Action and Brand Ambassador of Hamilton Fraser, is set to feature in his third series of “Nightmare Tenants, Slum Landlords”, a twelve part series starting this Sunday (5th March) on Channel 5. The programme once again delves into the dark side of the buy-to-let market showing the complexities landlords and […]

Boundary dispute time limitation?

2nd March 2017

My sister in law owns half of a pair of semidetached houses. Last year the property, previously owned by a college was sold to a property developer. They have told my family that the boundary is in fact in the wrong place, even though it must have been like this for over 20 years. They […]

The psychology of scamming

2nd March 2017

What is your image of someone who is the victim of a scam?  Take a few moments to think about this before reading on. I am sure we all have the image of the gullible person with the street wise con artist slyly taking their money.  Well think again.  Research conducted by Exeter University and […]

Foreign National tax implications

2nd March 2017

I am a British National with a small Buy to Let portfolio. I am married to an Egyptian national, who has no residency in UK, though is a regular visitor. He is therefore not a UK tax payer and has no UK income. My UK income is only from the BTL’s. If he buys a […]

Three-Dimensional Tax Planning With IHT Benefits

2nd March 2017

This is a case study of how a couple with two daughters changed the structure of their property business to fund their girls’ through University tax free, and which changed their lives forever. An inspiring case study based on a true story. Mr & Mrs Smith own their property portfolio jointly and each account for […]

Subletting to spouse for tax purposes?

1st March 2017

My property portfolio is in joint names with my son. 95/5 split to me. I collect all the income, my son receives no income, and I declare 100 per cent on my tax return. My husband is about to retire and will therefore not be utilising his tax allowance. Is it possible for me sublet […]

Specialist investor finance for all types of properties and projects

1st March 2017

The specialist property finance market can now cater for a very wide ranging types of projects, properties and timescales. With ever more niche lenders, products and criteria becoming available to private individuals and companies. Short Term Loans: Designed to assist in purchasing or refinancing property quickly, whether you are looking to add value with light […]

Students turned into Landlords

1st March 2017

The Loughborough Building Society has launched its new ‘Buy for Uni’ mortgage targeting university students who want to get onto the property ladder while they are still studying. This is similar in criteria to the Bath Building Society student mortgage that has been available since 2012 see >> https://www.property118.com/student-buy-to-let-mortgages/33850/ The Loughborough BS will lend up […]