Page 649 – Property118

Buy to let properties while moving overseas for work?

7th March 2017

I have 2 buy to let properties on mortgage. I am getting an overseas assignment later this year to India for 2 years. I was planning to expand my portfolio but thinking what happens if I move overseas. Is it better to buy through company or shall I continue to buy along with my wife […]

Sell or keep for the long term picture?

7th March 2017

I have one property which I rent out due to the fact I moved in with my partner and initially just wanted the mortgage covered whilst I tested the waters. I have been renting it out for 5 years now. The rent is £550 and my mortgage payment is £520. My current tenant has indicated […]

Management agency just said “read the brochure”

7th March 2017

My property management agency has increased its fees by 50% with no prior notice. When I complained to the manager and I was told told that this was stated in the brochure I received when I approached the company and that if I leave the agency I would have to pay three times the rent […]

Housing Benefit, Home office and 7 months arrears debacle solved

7th March 2017

Most Landlords are still trying to get their head around the Governments “Right to Rent” legislation and the effects and implications the new legislation has on them, so when they are dealing with tenants with “Leave to Remain” and suddenly this ends and their rent payments end, not only is it scary, but they don’t […]

Cloud based landlord software?

6th March 2017

I am looking for a cloud based software to run my family portfolio of properties. I use spreadsheets mainly, but find it confusing to split sensibly the costs and so time consuming! I wondered if there was any new updates to the 2013 discussion that covered Quicken 2002, Xero, Landlord Property Portfolio Software. Any hints […]

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 […]