The following questions have been raised in response to the Governments proposals for “restricting finance cost relief for individual landlords”.  1) Does the Government consider it is reasonable for any business to have to pay more tax than they actually make in profit? 2) Does the Government consider it is reasonable for any business to have […]

Can a Tenant change the locks without permission and without telling the Landlord?  I read my tenacy agreement from landlord association and it does not mention that tenants can’t change the locks. Does anyone have any advice about this? I am not that bothered really, but I am not sure they should do that. I […]

Following the announcement in the ‘Summer Budget’ by the chancellor George Osborne that Landlords will will only be able to offset mortgage interest at the basic rate of tax (20%) by 2020, many landlords may feel there investments are under risk. Landlords at current are allowed to view their mortgage interest as another cost, deducting […]

If you’ve made any taxable capital gains this year, would you consider swapping the majority of your tax bill for shares in Property118 Portal Ltd if it was possible to do so? Good news – this is entirely feasible! Here’s how it works … Due to completion of our crowd funding being SEIS conditional, you would […]

I have been asked by some industry heavyweights to gain some intel from the BTL community on how they feel about the Budget changes that will affect property investors.  The results of the survey could assist the market by producing valuable feedback to enable new and improved mortgage products become available to address (and hopefully […]

I spoke to Chris Sheldon at LettingSupermarket.com this morning to get an update on progress since the completion of their successful crowd funding campaign earlier this year.  Chris was delighted to report that the business is ahead of target in terms of cash at bank, turnover, profit and properties under management. He advised me that […]

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