While Section 24 of the Finance Act 2015-16 remains set to restrict the mortgage tax allowance of individual landlords to a mere 20%, thereby forcing many of them to raise rents or evict their tenants and sell-up, the tax-adjustment places no such restriction upon corporate landlords and property rental companies. Corporate letters therefore remain able […]

There seem to be a number of landlord accreditation schemes- and landlord training programmes- both run by individual councils, ARLA, RLA etc. I just wondered which scheme/ courses, if any, would other PRS landlords recommend? Jill

Apologies if this question has already asked but I am struggling to find clarity on the .Gov website. I am considering remortgaging a buy to let property which is currently still within its fixed term, doing so will incur an early repayment charge of £4k. Does anybody know if this early repayment fee is an […]

I have traditionally voted Conservative but I would be unable to vote for them if there was a general election next week due to recent changes in BTL taxation. I would like to understand how many other readers of this forum feel the same way and what their intentions are, the next time they get […]

We wish to start the process of evicting our tenants from 3 of our properties in the new year due to S21. We would like some advice on how to do this correctly, as we have not done so for a few years and are aware of some new changes. One property has a 12 […]

My AST states that tenants agree to pay the landlord a management fee equivalent to a 10% of the cost of deductible cleaning and repairs required at the end of the tenancy. I have never implemented it but wondered whether folk consider it a valid term? Many thanks Monty

Following a consultation the Government has cancelled plans to privatise the Land Registry and will instead keep it as a publicly owned organisation. The Government has indicated that the Land Registry should become more focused on digital data driven registration saying “modernisation will maximise the value of HM Land Registry to the economy and should […]

I have what I think is a strange circumstance. My tenant has ripped all the pipes out of the water supply during a psychological fit, he has been sectioned, but will want to move back within a couple of weeks. This is the second time he has done this, the first time I repaired the […]

I have had a tenant in my property for six months who arrived in the U.K from outside the EU to take up a new job. The original intention was that his partner, from the same continent, would join him after six months and they would live in my property together for some years. Plans […]

A few days ago, a fellow landlord brought to my attention a new type of reply from the Treasury, which Property118 users can download Here. In response to this strengthened Treasury reaction, I typed the following for himself to reply back with and to fuel the responses of other landlords, should they themselves receive replies […]

I have a readers question of my own for a change!  Given the Chancellors announcement in his Autumn Statement that agents will not be allowed to charge fees to tenants, does this mean that freehold management companies will no longer be able to charge us fees (as long leasehold tenants) for consent to let? Thoughts […]

Letting agents who are arguing about the ban on charging fees to tenants are still failing to recognise this isn’t the biggest threat to their business. Property118 “The Landlords Union” launched a survey of landlords within minutes of the Chancellor delivering his Autumn Statement. Nearly 500 landlords responded within 18 hours and the results are still […]

Major letting agents including Foxtons and Countrywide saw sharp falls in the value of their shares in response to the Chancellors announcement that legislation is to be created to make it illegal for letting agents to charge fees to tenants. However, one agent has reported their best day ever for new landlord enquiries! Chris Sheldon. Managing […]

We launched our landlords survey just minutes after the Chancellor had delivered his 2016 Autumn Statement in the House of Commons. Hundreds of landlords have already completed the survey, which can be seen below. Next to the ‘Submit’ button there is a link to enable you to view the survey results. Our goal is for […]

Chancellor Phillip Hammond delivered his Autumn statement today. No doubt there will be much discussion amongst landlords and letting agents yet again.  And the good news for private landlords and their agents is ….. drum roll ….. errr ……. NONE! Did anybody really expect a repeal of the legislation that will remove mortgage interest as a legitimate […]

Below is a rent increase letter that will be sent by a Property118 campaign member now that there has been no reversal of Section 24 in the Autumn Statement. Rent Review : Since you moved in to XXX I have not reviewed the rent and it has remained at £525 for several years. As you […]

– The Chancellor Philip Hammond has announced that £1.4bn will be made available aimed at delivering 40,000 new affordable homes in England to help confront the housing challenge in the UK. – The government will provide a £2.3bn housing infrastructure fund to release land available for building 100,00 new homes in high demand areas. – […]

I am a leaseholder of a property with a share of the freehold whereby a number of the leaseholders(& share of freeholder) wish to purchase certain sections of the communal parts – eg. basement vaults & well areas and the top flat wants to buy the roof void. Please can you let me know on […]

Hello please could someone advise if a permitted occupier is named on the tenancy agreement and should sign the agreement? Many thanks Mark

HM Treasury has leaked an extract from the Chancellors Autumn statement which will announce that Letting Agents will no longer be able to charge fees to tenants Whilst the Chancellors announcement will no doubt be treated by tenants as good news, industry bodies do not see it that way. David Cox, Managing Director, Association of Residential […]

I am looking for information regarding a tenant who i may shortly be evicting. I have been informed that issuing a section 21 will be invalid as I still haven’t obtained a license for the property as it is in the Liverpool area. I have registered all my properties with Liverpool City council for a […]