I have a buy to let property which is solely in my name and the mortgage outstanding amount is £125,200. I wanted to do a declaration of trust between myself and my wife and I wanted to know if any Stamp duty is payable? Many thanks Kais

I offer here a brief critique of the report which has just been published by the Joseph Rowntree Foundation. To download the full report please CLICK HERE Those of you who are aware of the debates surrounding Section 24 and who have kept abreast of our research findings on Property118 will know that we are […]

The requirement to complete quarterly digital tax returns to HMRC that included Landlords has been one of the 72 clauses to be dropped from the Finance Bill out 135 clauses in total. The Government has slashed the size of the Bill in an effort to rush the legislation through before the end of this Parliament. […]

Here’s a letter template for you.   Dear …….., For the first time, as a long-time supporter and member of the Conservative Party, I am struggling for a reason to vote Conservative! I would never even in my worst nightmare ever believe that a Conservative Government would wage such punitive attacks on small Landlords, without […]

We all know that from time to time working with, or against, your local council will be something a landlord or developer has to deal with. 9 times out of 10 the housing, environmental health or planning officers are willing to work with you. It’s always best to work with them, even if you don’t […]

I have done a fair bit of research on what taxes would be liable on the transfer/gifting of an unmortgaged property owned in partnership (not spouse) to a Ltd Co where the director’s are the same as the partnership. I understand, hopefully, that there is no SDLT to pay because there is no mortgage outstanding, […]

Property based in Essex. C09 postcode Rip out existing condensing combi boiler and replace. Boiler is being fitted back in same location. Any thoughts on price being quoted? I was anticipating around £2000 inc VAT. The quote from local independent Gas Safe engineer is below. We have listed all works to be undertaken by ourselves, […]

I am a landlord with an existing tenancy having come to an end. Since the tenant moved out, we have received letters from a no win no fee solicitor acting on behalf of our ex tenant asking us for compensation for not giving her the correct DPS prescribed information. Whilst we did outline in our […]

Kate Faulkner has released a summary of First Time Buyer (FTB) market data showing a rise in FTB activity, the bounce post credit crunch and the myths of media reported data. To see Kate’s full First time buyer price report – April 2017 please Click Here Kate comments on the data in her report that; […]

Summary: Is SDLT always due on a transfer of part of a mortgaged property to a spouse, even if the declaration of trust which gives effect to the transfer makes clear that responsibility for the mortgage has not changed? Background: I have two rental properties that I own with my wife, both of which are […]

Prior to the 2nd April 2017, my brother, his wife, my wife and I owned a rental property as tenants in common in equal shares. On the 2nd April, a Declaration of Trust was made in which my wife declared that her 25 part equitable interest in the property is held on trust for herself […]

I am currently working outside the UK and will need to let me property, that I lived in previously. The mortgage is with Halifax and they require a ‘consent to let’ form. I understand that I can apply for 1-2 years consent to let it out. Does anyone know if the approval / consent is […]

    We’ve got a bigger room at the same venue so we have a few extra seats available. This event sold out over a week ago and is going to be the biggest landlord networking event this year. If you are extremely quick you might be lucky enough to book one of the remaining […]

Phase 2 of  the Manchester Gardens master scheme consists of 162 exceptional apartments across 12 storeys of living space, accompanied with private gardens, terraces and access to outdoor space via the communal gardens Choose from a range of 1 and 2 bedroom apartments, 1 and 2 bedroom duplexes and three-bedroom triplex penthouses. Sky Gardens are […]

I am purchasing a property that has right of way over a parcel of unregistered land and I wish to include said in the purchase. The property is being sold under Probate, by the executors who are the children of the deceased owners. The property has been in the family since 1973. The parcel of […]

I have a 3 bed house which I have let over the years to girls by the bedroom and they get to share the house. The rent is all inclusive of utility bills and council tax. The house is now empty apart from one girl who has been there for 9 years. I want to […]

I would appreciate any advice around how to rent (Long term) an industrial warehouse which I can use for my business (events management, venue hire). I am looking to rent a property near where I live which is currently empty. It used to be a shop selling furniture. Its a size of an industrial warehouse […]

The second installment of our “Property Investment Spotlight” series focuses on Birmingham, often known as Britain’s ‘Second City’. Here are the top reasons why you should be considering Birmingham for your next property investment With prices in London spiraling out of control, businesses and individuals alike are looking outwards at other cities to invest and […]

With the General Election just weeks away, we need to send the message loud and clear that landlords have had enough. We will not accept the constant attacks by Government and we demand the immediate scrapping of Section 24, which constitutes the worst attack on landlords in the history of the UK. Many Conservative MPs […]

Try our 60 second wizard – see below. If you qualify for incorporation relief, this could be your Golden Ticket to:- Wash out all capital gains to date, meaning that the starting point for tax when you sell your properties will be their value today To avoid the tax consequences of restrictions of finance cost […]

We are in a different game now to some extent than previously. Four issues. VOTING. TAX PLEDGE MISUSE OF INCOME TAX THE LINKED EFFECT UPON ECONOMY….HOMELESS Firstly POLITICAL PRESSURE in terms of approaches to both MPs and media. We should say more directly that landlords will not vote conservative unless Clause 24 is fully repealed. […]