We welcome tough questions from our investors, after all it is their money they are backing us with. Below is a selection of questions posted on the Q&A section of our Seedrs crowd funding pitch page together with my replies.  For more information about our crowd funding campaign, how to own shares in Property118 Portal […]

On Wednesday 22nd July 2015, the Ministry of Justice announced a new consultation on court fee increases. Civil proceedings March 2015 saw the introduction of a court fee of 5% of the value of the claim, up to a maximum cap of £10,000 for a claim of £200,000. The new consultation proposes raising this cap […]

Those of us who are lobbying for an amendment to the budget need to have a very clear message. I propose that message is “new tax rules for new debt only” Let us be absolutely clear; Government and the Bank of England have recognised a need to reduce growth in the buy-to-let market. It is […]

HMRC have now published a Consultation document on the removal of the 10% W&T Allowance. They are seeking responses via e-mail, with a closing date for comments of 9 Oct 2015. Jireh

I own/manage around 40+ properties in the East Midlands and South Yorkshire areas. I’ve heard of free solar panels a few years ago, and made enquiries, but they could not answer my questions about maintenance, insurance, etc, and they had extremely restrictive criteria for installation (e.g. roof direction and inclination), so I gave up considering […]

Aldermore have combined and enhanced their Residential and Commercial Buy to Let product ranges providing solutions for many types of landlords with a full spectrum of products for simple to complex deals. Buy to let range improvements include: 2, 3 and 5 year fixed rates from 4.18% Term Variable rates from 3.93% Maximum LTV increased […]

Recently, we have seen a lot of discussion about using HCEO to recover debts. People started sharing their experiences, give us more inside view on how HCEO works. It may help other people to make better decision in the future. I would like to bring on another enforcement method: an attachment to earnings. After the […]

The race is on for Property118 members to snap up the remaining shares in Property118 Portal Ltd before they are made available to all members of the Seedrs crowd funding platform next week.  The share sale will raise funds to launch a National TV advertising campaign to promote the portal. Investors stand to benefit not only by […]

I know that under the housing act the LL must provide an address for service. How does this work with a non-UK resident landlord if they have zero connections with the UK (except owning property there) no friends, family or agent? I am having issues with tenants who moved out 2 months ago and want […]

I run a small letting agency where I own half of the properties we rent out. All in all this works well as I understand what a landlords needs are! However, several weeks a go we received an application to rent a property from an individual to for one of my most valuable properties in […]

Th council want to remove old bath and fit level access shower facilities for one of my aging tenants to make it easier for him. They want me to sign a document stating that my “intention” will be to allow the disabled tenant to live at the property for a period of 5 years once […]

Dave & Margaret are married and together run a sizeable buy-to-let property business. Properties have been acquired over a period on nearly three decades and have always been purchased in their own names as opposed to a company based on advice from their accountants. 2016/17 Tax year 2020/21 Tax year Rental income £600,000 £600,000 Expenses £200,000 £200,000 Mortgage […]

The following are just a selection of the emails that Property118 members have sent to George Osborne since his budget announcements affecting landlords last week.  Please feel to post yours in the comments section below …. Dear Mr Osborne I am writing to you to express my dismay and consternation at the proposed changes to […]

Firstly, may I say that I have NO issue with true Selective Licensing for landlords. I have properties in a couple of areas of Liverpool where I would positively welcome it! My previous item about Liverpool’s Landlord Licensing scheme was published here on 26th May last year during the ‘consultation’ process. City wide licensing was […]

We have a very heavy smoker moving out of a property and wanted to know the best way for getting rid of the smell and freshening up the place. It’s a large 4 story and we’ll get in professional cleaners, but wondered if anyone had any good tips. Thanks Gillian

I’ve been served with a notice for a ground rent increase from £50 to £1470 by my landlord for a freehold house in a village near Norwich. My house is attached to a number of flats which are also faced with a similar increase by the landlord although he has just singled me out to […]

Firstly what a great site this is ! I currently own three properties in South Wales which soon I will have to obtain a license to run. What are the thoughts of the experts on this great idea by the Welsh assembly ? I am considering selling and using the funds to purchase in the […]

I was wondering about the pros and cons of setting up a property management or lettings business to run my portfolio through. This is partly because of the proposed tax changes to mortgage interest and partly because I currently don’t fit the criteria for certain finance and insurance products as my income is deemed to […]

Despite some serious economic head winds Mark Carney, the Governor of the Bank of England, is preparing the country for the possibility of an interest rate rise at the beginning of next year. China, the recent driving force in the world economy, is seeing growth slow along with its stock market taking a fall. The […]

I have been told by a ‘property accountant’ that its perfectly reasonable for me to:  – buy a property cash in my name – refurb it – rent it out – have an ‘arrangement’ where my wife gets all the rental income in exchange for ‘fully managing the property inc losses’ – the rent would […]

We would like to see Property118 advertised on National TV and we’re hoping you will want to help.  We have launched a crowd funding campaign, the minimum investment is just £10. You will get a 50% tax credit/rebate on any amount you commit, plus CGT benefits under SEIS rules. You will also get shares in our new property portal so it’s […]