An excellent opportunity to invest in an apartment in Basingstoke, where capital growth is projected to be 20% and net yields of 6% are achievable. Highly desirable due to its proximity to the town centre; easy commute to London, Southampton and Readin…
We have recently had a BTL unit suffer severe water damage from an incorrectly installed toilet filling valve, which was cross threaded so over time it was inevitable it was going to leak, and the soldered joints in the brass piping in the bathroom wal…
As anyone considered what will happen when a landlord who can ill afford to incorporate goes to his bank or any other lender after 2021 to borrow money. Lets say for example the landlord has always made a profit of £30k but rises to £60k after 2021 based on the new tax regime. The conversation… Read more
The post Your accounts won’t be worth the paper they are written on after 2021 appeared first on Property118.com.
Talking to my accountant this morning about buying properties to renovate and sell within a limited company he mentioned a thing called ATED – Annual Tax on Enclosed Dwellings. While it shouldn’t impact me immediately/directly (because what I’m looking to buy will be less than the threshold and I plan to sell rather than rent… Read more
The post ATED – Impact on Limited Company Landlords? appeared first on Property118.com.
Seeking advice on selling 3x BTL properties and keeping the freeholds. What clauses can be written into the lease for Ground Rent and Maintenance that will enable me to make money, are reasonable and will create an asset for later sale potentially. Pro…
I had a tenant that signed a 6 month contract; paid deposit and 1st months rent. Decided after approx 1 month to just leave!; did notify me via email they had gone. I get conflicting legal advice on what I can claim for. He seems to think he can get hi…
We own a commercial premise which we trade from. Our neighbour has developed land directly at the back of our property. When he excavated the site we experienced subsidence. Our neighbour proved to be awkward to deal with. Please note prior to the buil…
We have been RTM for 4 years and started off with 8 Directors. We have been at legal loggerheads with our freeholder – whom insists that we are not managing the building properly and has threatened taking legal action against the RTM Company and several leasees whom are in breach of covenant. As a result… Read more
The post RTM Company wants to quit but freeholder refuses to accept management appeared first on Property118.com.
Many blame Foxtons for the Chancellors decision to ban letting agents charging fees to tenants. Unsurprisingly, Foxtons have seen their share price plummet, but that’s far from the end of their troubles. Litigation also looms! Lawyers acting for landlord clients of Foxtons are planning to bring claims to force the company to pay all undisclosed fees… Read more
The post Litigation Looms For Greedy Letting Agents appeared first on Property118.com.
In a conversion building , one of the owner/Leaseholders ( no share in Freehold) is a thoroughly undesirable element. He has unsavoury ‘visitors’ arriving at all hours of the day and night and in many other ways is in complete contravention of the terms of his lease. This has been going on for years, but… Read more
The post Unsavoury goings on? appeared first on Property118.com.
A recent survey Property118.com landlords has revealed that 71% of them will pass on Government tax hikes in the form of increased rents to tenants. Nearly 1,000 landlords have already responded to the latest survey of Property118 members, the UK’s leading online resource for private landlords to share best practice. Buy to Let mortgage lending criteria… Read more
The post 71% of Tenants Will Pay Landlord Tax Hike appeared first on Property118.com.
Currently renting a property and only a few months into the 12 month contract. There have been viewings arranged and undertaken for the last several weeks every day (Mon-Fri) and most of the time there are multiple viewings a day. The AST contains a cl…
With ever more complicated legislation being introduced it is becoming more common for both landlords and agents to make mistakes when it comes to compliance. But what are the consequences of failing to protect a tenants deposit and correctly serve pre…
City of Wolverhampton Council has named its first 5 star landlord under the new ‘Rent with Confidence’ scheme. Lyndon Whitehouse, Director of L&A Lettings, owns several 5 star properties in the city and has also been granted five-star agent status. The rating system is similar to the one used by the Food Standards Agency for… Read more
The post Wolverhampton’s 1st ‘Official’ 5 Star Landlord & Agent appeared first on Property118.com.
Around 200 landlords and agents have purchased the template document for my Deed of Assurance and many say it has been a “game-changer” for them. I try to promote it from time to time on Property118 but what I really need is for Government and tenant lobbying groups to get behind raising awareness of it… Read more
The post Deed of Assurance Helps Landlords and Tenants appeared first on Property118.com.
info@gracecharlesinvestments.com
of Norwich City Football Club