Page 960 – Property118

Buy to let market doubled in a decade

25th February 2011

The number of private renters is increasing while home ownership is in decline, according to the latest housing survey for England from the Department for Communities and Local Government.

Revealed – the councils taking on extra HMO powers

24th February 2011

Student landlords looking to expand their portfolios need to move quickly in many towns and cities to avoid new rules that require shared houses to apply for planning permission. Currently, a house in multiple occupation (HMO) investor can start letting to tenants without any licences or permissions, providing the house is less than three floors […]

Surveys can knock £1,800 off the price of a home

23rd February 2011

Property investors have a cavalier attitude to home valuations that often unnecessarily leads them with a bill for putting right expensive problems. Eight out of 10 people buying a home fail to order a survey that often reveals defects that cost an average £1,800 to repair, according to the country’s leading surveying firm e.surv.

Claiming car costs against your property business

22nd February 2011

Guest Blog provided by Steve Sims, author of “Understanding And Paying Less Property Tax For Dummies”.  Steve and his wife also have a boutique accountancy business which specialisis in providing taxation advice and accountancy services for property investors. Working out tax claims for using your car in a property business is enough to drive any […]

Get ready for HMRC buy to let landlord tax blitz

21st February 2011

Guest Blog provided by Steve Sims, author of “Understanding And Paying Less Property Tax For Dummies”. Steve and his wife also have a boutique accountancy business which specialisis in providing taxation advice and accountancy services for property investors.

Registration and commenting problems fixed

21st February 2011

We would like to apologise to our registered users about the teething problems that we’ve been having with our registration and commenting functionality.  In the main, these are now fixed but we are still experiencing login problems using the Google Chrome Browser.  This fault has been reported.

Students want star ratings for buy to lets

18th February 2011

Students are asking housing minister Grant Shapps to introduce a star rating system for buy to let homes. Hundreds of students in Shapp’s consituency of Hatfield have complained about shoddy properties in a survey by University of Hertfordshire Students’ Union.

Buy to let rents waver as more homes hit market

18th February 2011

Buy to let rents have dropped slightly for the second month running as landlords offered more homes to let. The average rent in England and Wales wavered down by an almost imperceptible 0.3% to £682 a month, but is still 4% higher year-on-year.

Neil Patterson Managing Partner

Bank of England Credibility Crisis?

18th February 2011

Wrtten by Neil Patterson – Partner of The Money Centre, following his visit to a meeting at The National Skills Academy in Norwich for The Bank of England Quarterly Regional Inflation Report. Do you think the Bank of England have lost credibility in dealing with the economy? That is an interesting question and one raised […]

House builders ready to move in to buy to let

18th February 2011

Britain’s leading house builders are looking at changing their business models by moving in to buy to let as buyers struggle to raise mortgages for new homes. Barratt Developments – the biggest firm with brands Barratt, David Wilson and Ward – is offering a limited sale and leaseback terms to buy to let investors.

Chancellor urged to cut VAT on building work in Budget

18th February 2011

Buy to let landlords could benefit from a cut in VAT on repairs and maintenance if Chancellor George Osborne heeds a plea to boost the struggling building sector. Property organisation the Royal Institution of Chartered Surveyors wants him to slash the rate of VAT on costs of supplies and labour for refurbishing homes.

ABOUT Property118.com

17th February 2011

Property118.com is a unique resource and community for Property Investors, Landlords, Property Developers and the associated trades and professions. Membership is free.