Page 701 – Property118

Capital losses carried forward on Spanish property?

26th September 2016

I’ve recently sold my holiday home in Spain and realised a loss of about £100,000. If I sold one of my let properties in the UK, is it possible to off set the loss against the gain? If yes, must the loss and gain be in same tax year? Or can the loss from Spain […]

Maidenhead and Runnymede & Weybridge Constituent Landlords

26th September 2016

Is Theresa May (Maidenhead) or Philip Hammond (Runnymede and Weybridge) your MP?  We are active members of the Property118 section 24 campaign research team and have already met our own MP’s and a few others. The campaign team believes the important messages we are sending to the most influential MPs are not getting through. There […]

When is a Director not a Director?

23rd September 2016

I own a flat in a block of 12. Years ago 10 of us got together and purchased the Freehold. I am one Director and there is another Director of the company, however the other Director is one of the two owners who did not contribute to the purchase of the Freehold. I was surprised […]

Complications with a Council let handover when tenancy ended early?

23rd September 2016

We rented a flat through a letting agent, a property that was fully furnished with the intention of letting it to students. He advised us to rent it to the council saying that it would be risk free as the rent would be paid and the property would be returned in the condition that it […]

One student wants to leave a joint tenancy and rent not received?

22nd September 2016

Four students share a house that I have let to them under a joint tenancy on a fixed term which ends in August 2017. There is a proper tenancy agreement and the deposit is guaranteed in compliance with the law. There are no guarantors to the tenancy. The tenancy agreement shows a monthly rent due […]

Liverpool wants landlords to pay Council Tax for student tenants!

22nd September 2016

Readers of This forum will be aware of the efforts of both myself and Property 118 to expose the shortcomings of various Local authorities, and how Landlords are affected as a result of the actions of tax payer funded public servants. The latest revenue raising scheme floated by Liverpool is astounding. The council want Landlords […]

Renters aged over 46 make up 40% of the private rental market

22nd September 2016

An increasing number of private renters are now aged over 40, according to new research. 18% are over the age of 55 and another 22% are in the 46-55 age group. Those living in private rental accommodation under 35 made up just 39% of the market. These figures represent an important shift over the last […]

Red upward arrow breaking through a surface symbolising challenges with roof access in a shared building

Auction and estate agent fees went through the roof?

22nd September 2016

I was just wondering if anyone has any suggestions for a bit of a sticky situation. Having sold a property at auction, the auction house billed £12000 to the seller (prop. sold at 299000). On top of this, our estate agent has also just asked for nearly £8000. As the property was sold at auction […]

Neighbour’s outbuilding within my boundary in state of disrepair?

22nd September 2016

I own a Victorian terraced property which has an outbuilding, belonging to the neighbour, lying completely in my property boundary. It was one property originally apparently. The issue is that this outbuilding is falling down, but the neighbour refuses to repair or remove it and blames a tree of mine for causing the damage. She […]

Are these ethical sales tactics?

21st September 2016

I would be interested to know what other people feel about this behaviour from an estate agent? I saw a property that I very much wanted to buy and after having my original offer turned down I decided to offer the full asking price. I was informed that there were 2 other parties interested but […]

New Freeholders have left tenanted property in dangerous condition

20th September 2016

Our BTL flat is one of three flats above two shops. The Freehold of the whole building was sold in January this year. Repairs are needed urgently to the roof and yet after initial contact and several visits by surveyors, the freeholder’s managing agent is now ignoring all calls and emails from us and our […]

Please SHARE THIS with your MP, Local Council and local Newspaper editors

20th September 2016

The #TenantTax campaign coalition has produced a document in PDF format which can be printed to give to people and/or saved and attached to emails. It needs to be shared far and wide. We also suggest sending it to all of your tenants and I suspect your local University Accommodation Officers, Letting Agents, Accountants, Solicitors […]

Investing in Liverpool city centre L1 to L8?

19th September 2016

Hi I am looking to buy a new built off plan property in Liverpool City Centre. It’s all looking very lucrative, but I have no clue about area. Research shows that Liverpool has high rental yields and good capital growth. There is of course a big regeneration plan in action. If there is anybody from […]

PI Insurance has left me without cover!

19th September 2016

I am looking for a good solicitor to take on an argument with PI insurers. In brief, I have a Professional indemnity policy for legal expenses with them. During the latter part of last year, we had reason to submit a claim based on an employment tribunal issue. We submitted the claim via our broker […]

Agents Charges for providing information to HMRC ?

19th September 2016

Have any other members been charged by their agent for providing information to HMRC when their accounts do not provide the name of the managing agent to the HMRC I feel I may be being conned as I aware of another customer of the same agent who challenged a similar charge being refunded. Many thanks […]

Can I remortgage when title is not yet updated on land registry?

19th September 2016

I need to remortgage a property six month after purchase, but the solicitor who did purchase for me did a bad job (I was told its submitted to land registry, not sure how late) and the title is still not available on land register website. Can I still remortgage now? Thanks Mike

Freeholders Legal Costs passed on to leaseholders?

19th September 2016

The Freeholder of my buy to let flat undertook a major rooftop development recently, adding flats to the block. Their ”Deed of Variation’ documents reflect the changes that this development has effected by taking into account the new flats in future service charge fees. This seems ok and there is nothing no charge for this. […]

Refund for hotel expenses while property was infested

19th September 2016

We are in a dispute with the landlord over money owed.  More than a year ago (about 2 weeks after we moved in), my then pregnant wife and I had to evacuate the property on discovering that it was flee ridden, suffering dozens of flee bites on our bodies. The flees had originated from the […]

Lincolnshire Landlord & Letting Agent Expo

19th September 2016

The 2016 Expo will be on Wednesday 19th October at The Bentley Hotel, Newark Road, Lincoln LN6 9NH. Visitors to the Lincolnshire Landlord & Letting Agent Expo, will be able to benefit from the very latest rental advice and support from the region’s property professionals. There will be plenty of advice and guidance available including […]

The Dome House – How Cool Is This?

16th September 2016

Possibly the cheesiest video promo and music I have ever encountered, and yet I still I’m quite fascinated about the possibilities associated with these Dome Houses. Before you ask, no I haven’t been paid to share this video, and no I’ve not had a drink and I’m not smoking something I shouldn’t be! I am, however, […]

Property118 Open-Minded To Corporate Merger Opportunities

16th September 2016

Whilst Neil and I have no intention of retiring we do feel Property118 would be better served moving forwards under a larger corporate umbrella. There can be no mistake that growth of our online community has been exceptional. Already this year we have attracted more than 3,000,000 unique users to the website. It’s probably safe […]