2017 may be proving to be a tough year for Buy to Let landlords, who face increased taxation by the HMRC and a more stringent lending environment as a result of PRA changes, but there are alternative areas of property investment that may actually benefit from legislative intervention this year. At the start of the […]

Professor David Miles was a Monetary Policy Committee member at the Bank of England from 2009 until 2015 and has said the tax attacks against landlords by the government with Section 24 and Stamp Duty surcharges are “profoundly wrongheaded”. Speaking at an event held by New City Agenda David Miles told the audience that government policies designed […]

I have a tenant who left in the middle of a tenancy never returned, but with all of their belongings still in the house. To add to the misery, the letting agent also folded at the same time, so we have no valid contact details of the tenants nor even the number of deposit lodged […]

Hi, I have 4 properties all with British Gas Home care policies for central heating breakdown. The renewal premiums appear to be 10% up on last year. I have been on the phone and argued successfully for a discount but would like to look at better value alternatives. The cost for a 2 bedroom flat […]

I made a post a few months ago here: https://www.property118.com/im-being-threatened-by-a-tenants-solicitor/94613/ So after all these months I have an update on this. The tenants solicitor got a surveyor, who confirmed minimal works needed to be done. He confirmed the mould in the brand new kitchen was caused by condensation, not damp. We agreed to the scott […]

Sajid Javid has granted an amnesty from prosecution for tenants that illegally subletted their council property in Grenfell Towers. This despite the limited and long overdue legislation introduced by the Tory government only a few years ago. He has probably given the green light and amnesty to anybody who was responsible for innocent adults and […]

On Tuesday 27th June 2017 there was a debate in the House of Commons on Universal Credit, Damian Hinds Minister for Employment informed the audience that DWP recognised the concerns raised and are working to resolve them. To date over a million people have made a Universal Credit Claim with £530,000 currently on the new […]

Dear 118 Readers and Team, I’ve got an on going issue with a window contractor who overhauled the sash windows on a listed property we rent out, being listed means no UPVC so we upgraded the existing to be as efficient as they could be. Total job came to over £10k. However, I have an […]

In today’s age, our requirements are constantly changing and individuals are increasingly requiring flexibility with regards to their travel accommodation. Hotels have restricted offerings that cannot always accommodate the needs of the modern traveler, hence why more people are considering serviced apartments. Serviced apartments – the concept Serviced apartments are a relatively recent phenomenon. They […]

I have a tenant in an HMO who, after 6 weeks of his 6 month contract has said his company is moving him. As such, he has said he will leave in 3 weeks and only pay then. As the area is now quite hard to find tenants in (and as I had more than […]

Can BTL insurance be obtained for a Landlord contracting to provide a house for a company which houses such individuals for local authorities? All the usual providers seem to have an exclusion clause in the finest of the fine print. Many thanks Brian

I would appreciate your assistance on helping resolve the following issue. I do believe we will need to take professional legal advice and would welcome recommendations on who could help. A management Company was set up to buy the freehold of a block of 6 flats in 1999. Four owners of the flats purchased 100% […]

Millpond View is a luxury care home investment based in a popular south west England retirement location with a growing elderly population and a lucrative investment allowing for returns of 10% for ten years. Millpond View is based in the county of Cornwall, a popular retirement destination for Britain’s elderly population due to its vast […]

If you haven’t issued a tenant with a EPC cert when commencing a tenancy agreement can you still evict for non payment of rent? Also if you have a improvement notice order can you still evict for non payment of rent? Regards Tony

I would like to know if you by a property out of your own money, can you take the money back each year from the profit of your rent tax free? Any ideas would be appreciated regards Tony

This may be the first time we’ve had to do this …. so I need a Section 21 form to issue to my tenant, but doing a Google Search seems to offer only agencies requiring me to complete details – who will then no doubt (despite stating they are FREE) expect me to pay a […]

Northgate Studios student accommodation investment is located in the historic city of Chester and just 700m from the university campus. Investors can enjoy 40% net return over 5 years starting August 2018. Chester is one of England’s oldest and most historic cities where planning permission is nearly impossible, making this development an incredibly rare opportunity. […]

With tenancy deposits coming under fire recently, Eddie Hooker, CEO of Hamilton Fraser, parent company to mydeposits, looks at whether alternative insurance products, offering a deposit free solution, protect both landlords and tenants, and if they improve the Private Rented Sector (PRS). To address these questions and many more potential issues, mydeposits has today released […]

I have a buy to let in Newham and I have a Selective Licence. I rented out my property to a family of 2 and their family friend so that’s 3 tenants in total in May 2017. I included all the names of the tenants in the Tenancy Agreement. Newham Council Enforcement Team have told […]

I own a property that was purchased by my parents in 1992 and I need to establish if it is still on a private road or adopted highway? The property was one of only five properties on a private lane that leads to a farm at the end. The property sits at the beginning of […]

Why is the SDLT treatment of partnership property different to individually owned property at the point of incorporation? Property118 Limited has raised this very important issue with HMRC in an open latter dated 28th June 2017, the content of which reads as follows:  This request for clarification is a follow up to our letter dated […]