Page 956 – Property118

Keeping your property business cash flowing

13th December 2010

Buy to let may be booming now – but many full time property investors are still feeling the pinch from the credit crisis. Cash flow is the key to a successful business – not the value of a property portfolio. Many businesses go to the wall because they are poorly managed and run out of […]

Mark Alexander

Are Property Investors interested in ways to reduce IHT?

13th December 2010

I’ve raised this question is that it’s important to me. Am I in the minority though? I’ve insured my life and written the policy into trust to pay IHT without attracting further IHT.  However, this is going to get more and more expensive as I get older and my wealth grows.  I’ve also investigated various other […]

Landlords running out of time to beat tax deadline

13th December 2010

Landlords who need to file an online tax return to meet the January 31 deadline are running out of time. Only 25 working days are left if the landlord needs help or advice from an accountant – and this could shrink to a lot less time if the taxpayer has to set up online filing […]

Stubborn mortgage lenders hold property market hostage for profit

13th December 2010

Estate agents have slammed stubborn and self-serving mortgage lenders for holding homeowners and homebuyers hostage for the sake of their own profits. Peter Bolton King, head of the 10,000-strong National Association of Estate Agents accused banks and building societies of manipulating the market by failing to grant more loans.

More landlords can expect to pay 40% tax

13th December 2010

More landlords can expect to pay higher rate tax from next April thanks to new income tax rates published with little publicity by the Treasury. In previous years, the Chancellor has announced changes to tax rates and thresholds in an autumn pre-budget statement, but this was cancelled following the new coalition emergency budget in June.

HMO consultation is a sham to avoid compensation claims

13th December 2010

An internal report from town hall advisers confirms consultation over extending house in multiple occupation (HMO) powers is a sham aimed at avoiding compensation claims. The report – to councillors in Milton Keynes – suggests Housing Minister Grant Shapps is urging councils to take on controversial planning powers to curb the spread of shared houses […]

Treasury crackdown to tackle £2 billion tax cheats

13th December 2010

The Treasury announced new tax avoidance measures aimed at raising at extra £2 billion in tax over the next four years today. The announcement is the first step of the government’s much-vaunted tax avoidance blitz on individuals and companies – and more will soon follow promises the Treasury.

A guide to offsetting training expenses against rental income

13th December 2010

Improving knowledge and skills to make more money is one of the common traits of buy to let investors who queue up to attend seminars, courses, and conferences. Some of these events cost thousands of pounds to attend – and investors often try to claim the cost back through their property business only to find […]

Flood spending cuts leave homeowners high and dry

13th December 2010

Millions of homeowners and businesses may find buying buildings and contents insurance harder to obtain as a result of cuts to government spending on flood protection. Government figures show about 5.2 million homes are at risk from flooding – and that’s about 25% of the total homes in the UK.

Mark Alexander

BLOG QUESTION OF THE WEEK – Why are YOU a property investor?

13th December 2010

After becoming an accidental landlord in the late 80’s I later realised this was the business I wanted to be in.  For me it started with a desire to invest into something that I could touch, feel, engage with and affect returns.  It was an opportunity to speculate to accumulate and to take control of […]

Buy to let strategy – the 20% liquidity reserve rule of thumb

3rd December 2010

This rule of thumb is very simple.  If you have £100,000 of buy to let mortgages you should have £20,000 in the bank. This article was written to show you a safe strategy that you may never have considered before.  If you don’t have the right level of liquidity reserve, don’t panic.  There are ways […]

Buy to let rent arrears up 20%, say advice watchdogs

3rd December 2010

Tenants struggling to pay rent arrears to buy to let landlords have rocketed by 20% in a year, according to the Citizen’s Advice Bureaux (CAB).  The free access advice centres across England and Wales dealt with 20 rent arrears inquiries every day during the three months ending September 30.

Student lettings are in a class of their own

3rd December 2010

Business is booming for student landlords as rents, property values and returns are all increasing. The average student landlord benefitted from a 13.5% return on investment in the year ending September 30, reports estate agents Knight Frank in their annual student property survey.

3,000 home repossessions halted due to legal error

3rd December 2010

Up to 3,000 cases currently before the courts are likely to be withdrawn by lenders who will have to start proceedings all over again as a result of the Supreme Court ruling that found lawyers have not served the right paperwork on homeowners in arrears with loans secured against their properties.

Rents set to keep on rising, say letting agents

3rd December 2010

Letting agents expect buy to let rents to keep edging higher as more tenants snap up the few available rental properties. Four out of 10 letting agents reported seeing an increase in rents over the quarter ending October 31, according to the Royal Institute of Chartered Surveyors (RICS) residential lettings survey – while some (27%) […]

A tenant’s human rights can stop an eviction, rules a court

3rd December 2010

Private landlords may have to bear in mind their tenant’s human rights before they can evict them, according to the latest court ruling. Lawyers are likely to thrash out the implications of the case that could undermine a landlord’s ability to repossess a property in the New Year.

Buy to let landlords can prosper from homes crisis

3rd December 2010

England faces a worsening housing crisis as house building is drastically out of pace with the demand for new homes.  The nation’s appetite for homes will run at about 250,000 a year for the next 25 years mainly due to the needs of a growing population, according to the latest government figures.