I have finally had a response to my FOI request. I asked the city council to breakdown the seriousness of each of the 4500 “complaints” they have received about PRS over a 4+ year period. This is their main justification for imposing the £600 fee on every PRS property in the city (not HA or […]

So I have now accepted the inevitable and set up a private limited company. I had an offer accepted on a property this weekend which I am intending to now buy through the company. I currently have 14 rental properties which I own personally and have BTL mortgages on all of them through the usual […]

Gone for Good is the handy app that makes it easier for landlords to donate unwanted goods to charity shops in your local area. It’s a great way of getting rid of clutter, especially if you are selling a furnished property, and you’ll help a good cause at the same time. Specialist landlord insurance provider […]

I’m interested to know how many landlords do legionnaires tests and annual gas safety checks on their own homes, i.e. the ones they live in themselves?  To find out I have produced a very simple anonymous survey. Also feel free to comment below.   [gravityform id=”414″ title=”true” description=”true”]

I am considering converting one of my flats into a furnished holiday let. There will be plenty of short term tenants in the area as my flat is close to a number of attractions in Manchester. However I would be grateful for some advice on: a) Do all the tenants have to be genuine holiday […]

My Landlord mate just sent me this who he sending to council and secretary of state. I reckon some good points in there, as he mentions several of the attacks on us in one email. “Dear Ms Urquhart A copy of this email has also been sent to the Secretary of State Sajid Javid whom […]

Having recently handed over a small fortune in stamp duty on the purchase of two properties in London, I’m curious to know how other property investors are dealing with the stamp duty levy. I appreciate that this may be an issue that affects London and south-east purchasers to a greater extent, but I am surprised […]

I am a newbie to Property & Development and seek advice on structuring a business plan. The process would be broad brush to [Source – Secure – Add Value] to property or land assets. Thereafter the options are to [Develop, Sell or Hold] the asset. In terms of taxation and liabilities can anyone give steering […]

I’ve just started with a Letting Agent and my new tenant, doesn’t want to stop with them. They were a bit terrible to them, not great with me, although Hats off to them, they did seem to locate a very good tenant, which did cost me £800 ouch. Their small print (big company) says months […]

  We are asking all landlords to complete this Poll. [gravityform id=”415″ title=”true” description=”true”] We are also extremely interested in your views so please post comments. For example, you may well despise what the Conservative Government has done and you may well mistrust them but will any other party be better? If landlords vote for […]

He’s only gone and done it again! This time it’s in regards to partnership SDLT/LBTT relief on incorporation. Mark Smith is no stranger to challenging conventional interpretation of laws effecting landlords, but the news I got this weekend may well be regarded in the fullness of time as his biggest breakthrough to date. Accountants and […]

A partnership, consisting of individuals G and H (each with a 50% interest), owns the freeholds of many houses in multiple occupation, letting them as a commercial undertaking. None of the properties were introduced by the partners or persons connected to them.  The partners spend a significant amount of time managing the tenants, collecting rents […]

I’ve been an avid reader of Property 118 for a few years now and I’m frequently amazed at the wealth of information freely shared by its contributors. Long may it continue. One question which surfaces from time to time asks “when do you start to enjoy what you’ve built up?”  This usually refers to landlords […]

I have a buy-to-let property that has been in my husband’s name since we purchased the property. It has never been my main residence. The asset was transferred to me in 2014 and is now solely in my name.  If I were to sell this property, would I pay CGT from the date it was […]

On Wednesday 5th April 2017 evening BBC1 Panorama featured “The Benefit Cap: Is It Working?” Seminar details:  The programme was similar to Dispatches Benefit Families recently featured on Channel 4. The reporter followed 5 families over 5 months to see how they were affected by the benefit cap and whether they were coping. Caroline Nokes […]

Have you ever wondered how it is that each decade or so seems to have reported house price growth exceeding all our other economic  numbers? Doesn’t seem right somehow does it ?. If that were really the case, then by now houses just wouldn’t be within the reach of maybe 95% of the population and […]

Did you know that 55% of UK landlords own only one investment property? So many start with the intentions of building a portfolio – they start to ascend the learning curve, but never get the advantages of using those initial learnings again and again to build an ever expanding property portfolio. Warren Buffett is often […]

Next week we will be sending the following to all UK Councils.   Please Support Our Work Freedom of Information Request To Whom It May Concern We are attempting to quantify the impact on homelessness over the next 5 years in the [merge in name of Council] area. A survey carried out in November 2016 […]

Those who claim Universal Credit will apparently see a vital change to the “taper rate” which came into force on the 11th April 2017, the claimant’s UC award will be reduced by 63p for every £1 of net earning in excess of their work allowance, as opposed to by 65p for every £1.  Please follow […]

Scottish Government have published a consultation on both minimum energy standards and standards on homes in the private rented sector (and now including Furnished Holiday Lets and Serviced Apartments). The aim is to bring the private sector in line with social housing, although some requirements for PRS are much stricter than Social Housing, but excluded […]

I have 2 buy to lets in West Yorkshire.  I have a salary of £30k from a full time job. Each property annual turnover is 6000. I also have a vitamin company with net profit £20k Will I be high tax band or low? Thanks Amjed