Page 867 – Property118

The Best Property Forum in the UK – NLA Survey

6th April 2013

The National Landlord Association are carrying out an online survey of landlords asking which is the best property forum. You do not need to be a member of the NLA to complete the survey. I am delighted that Property118 has been included in the NLA’s list of candidates and I would be incredibly grateful if […]

Implied surrender and changing the locks

6th April 2013

Is this a case of implied surrender and is it safe for me to go and change the locks, asks Landlord Karen Southworth. “My tenant gave notice on the 6th march by text message. The AST was due to run out on the 9th April and I also had issued a Section 21 notice for the […]

Will I have to pay tax on rental income or not?

6th April 2013

I am currently looking to buy a (probably) new property for the sole purposes of letting it out. I currently own my own home and do not have a mortgage on it, n or do I have any other debt. I plan to use a Buy to Let mortgage (60 LTV) to buy this rental […]

Property swap and tax treatment of peppercorn rents

5th April 2013

UK Tax and Working Tax Credit question regarding Peppercorn Rent and Rental Property Swap. The lady that I employ part time as my bookkeeper and manager has put a proposal to me. She wishes to live in a particular house in my portfolio that I purchased on a buy-to-let mortgage. It is a big property with a […]

Has your property got the U-Factor?

5th April 2013

Forget streets with the X-factor, living on a street with a name beginning with the letter ‘U’  could mean your property is worth a lot more, according to new research from property website Zoopla.co.uk. Average property prices on streets that start with a ‘U’ currently stand at £251,307 – the highest of any letter in […]

The GOOD Landlords Campaign

Antony Gilbert of Gilbert Properties Bury St Edmunds

5th April 2013

Antony Gilbert of Gilbert Properties Bury St Edmunds My wife and I have been renting property for fifteen years and have a portfolio of 40 properties based in East Anglia and the North-East. We manage most of the local properties and (by process of elimination!) have good agents managing the more distant properties. We are […]

Can I see your waste carriers licence please Mr Landlord?

4th April 2013

Did you know that if you carry waste in the course of your business (property letting) for profit, then you are likely to require a Waste Carriers License? If you use contractors, they must have one. Do you think that it may not apply? Well, guidance states that it includes all these items:

Deposit Protection Service launch insured scheme

4th April 2013

For the first time in England and Wales, landlords and letting agents can now choose which deposit protection method they use – either custodial or insured – from the same place. From April 2 The Deposit Protection Service (The DPS) has become the only provider to offer both services at the same time.

Can any Landlords help with the aftermath of Fire

3rd April 2013

Imagine my horror whilst watching the local news on Sunday evening, seeing a row of 4 terraced houses in Norwich on fire and the end one being one of my rental properties! I would be keen to see if other landlords have experienced a fire and what happened in the following weeks. Luckily my tenant […]

Student development in Chapel Street Manchester

3rd April 2013

Within walking distance of three renowned Manchester universities and located in an area of huge regeneration, Chapel Street is one of the most exciting student accommodation projects to hit the market.  Offering investors assured NET yields of 8% for the first three years, and the reassurance that the development will be managed and let by […]

The GOOD Landlords Campaign

Mark Garner of Garner Homes Maidstone

3rd April 2013

Mark Garner of Garner Homes Maidstone I have been a full time landlord since 1996 with property in Maidstone, Ashford and Gravesend, the ‘Gateway to Europe’. After graduating from Cranfield University 1987 I was a commodity trader working for a subsidiary of Cargill until I left to become a landlord and property developer. I now […]

An ode to economics and the tax system

3rd April 2013

I have to confess to not being the author of this piece, I found it on Facebook, but I do think it is very worthy of sharing here. Suppose that every day, ten men go out for beer and the bill for all ten comes to £100… If they paid their bill the way we […]

The 2013 buy to let goldrush

2nd April 2013

I have had a ‘gut feeling’ that the property market would turn in 2013 for at least four years, however, until now I have not been able to provide any real justification as to why I believe the 2013 buy to let gold rush will occur. A recent comment on our forum got me thinking about this […]

Missed Second Charge. How to get it removed?

2nd April 2013

We purchased a property in March 2008 from a rather devious lady who didn’t let on about an impending second charge. The conveyancing completed and about a year later when we had to evict her for non-payment. WE had purchased the property and rented it back to her.

Switching letting agent without penalty

2nd April 2013

I need advice on switching letting agent without penalty. I received no rent from my letting agent in March. On checking my bank statements back to the date the tenant moved in, I find that other payments have been missed and that the rent is actually three months in arrears.

Should I let my tenant rent out the spare bedroom to a lodger?

2nd April 2013

My tenants have requested my permission to rent out a spare bedroom to a lodger. I have three tenants, a husband and wife and the husbands brother renting a 2 bed 2 bath flat from me. However, the brother has moved out. They are currently on a periodic tenancy and have decided they can’t really […]

The GOOD Landlords Campaign

Kirit Lakhani of My Happy Move Leicester

2nd April 2013

Kirit Lakhani of My Happy Move Leicester I am a property professional who is also a Mortgage Adviser and I have worked in the lettings industry for the last 10 yrs. I own a few properties and have now recently started a Letting Agency to manage mine as well other Landlords Property. My Happy Move […]

Awaiting FSA second response to Bank of Ireland differential increase

30th March 2013

Martin Wheatley the current head of conduct at the Financial Services Authority (FSA) has been strongly criticised by the Treasury Select Committee (TSC) for the FSA’s response to the Bank of Ireland differential increase for thousands of it’s tracker rate customers. In a letter by Andrew Tyrie MP (chairman of the TSC) Mr Wheatley was […]

ARLA

ARLA’s advice on what to expect from the private rented sector

30th March 2013

The latest figures from letting agents suggest that the UK still has a healthy appetite for rental properties. According to The Association of Residential Lettings Agents (ARLA) over half (54.8 per cent) its members reported that they had more tenants on their books than available properties to rent. With demand so high, those seeking rental […]