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Section 21 and Deregulation Act and form 6A?

I am hoping for clarification on this as it seems many in the profession are acting on conflicting assumptions/understandings. If landlord uses the Form 6A on a tenancy which commenced pre-01/10/15 did he need to comply with the changes under the the DRA2015; i.e. serve Gas Cert, EPC & How to rent guide? Or can… Read more

The post Section 21 and Deregulation Act and form 6A? appeared first on Property118.com.

Legislation says commercial properties need an EPC – here’s why

When it comes to running a commercial property, whether that’s being a landlord, or managing another kind of commercial property, you can find yourself in need of an energy performance certificate. The EPC was part of a green EU initiative designed to diagnose and document various buildings energy efficiency and CO2 emissions, and therefore, their… Read more

The post Legislation says commercial properties need an EPC – here’s why appeared first on Property118.com.

Landlord Event on 7th March in Wolverhampton

Date: 7th March Time: 7pm. Location: 20 Wolverhampton Road West, Walsall. WS2 0BS Tickets via: THIS LINK  Organiser:  www.uklandlordsnetwork.co.uk Event Overview Come along to UK Landlords Property meet where you will engage, learn and succeed in the property world. Everyone is here for the same thing and that is the ”LOVE” and ”PASSION” for property, so… Read more

The post Landlord Event on 7th March in Wolverhampton appeared first on Property118.com.

Which deposit protection scheme?

I have been using DPS for my deposits until now and find it hard going. Their “prescribed information” is not very clear and I find it hard to negotiate their website. “Tenancy Deposit scheme” seems clearer and I have just signed up to them, although not used them yet. Perhaps other 118 members could share… Read more

The post Which deposit protection scheme? appeared first on Property118.com.

Tory MP in excoriating attack on Slum Landlords and Council says “It Stinks!”

Tory MP for Peterborough, Stewart Jackson, went on an excoriating attack against slum landlords and the local council for a scheme to help them with the cost of repairs. The local authority will temporarily lease the properties from the landlords before making repairs. Jackson wrote in the Peterborugh Telegragh that he did not know what… Read more

The post Tory MP in excoriating attack on Slum Landlords and Council says “It Stinks!” appeared first on Property118.com.

Digital tax returns every quarter?

I have spoken to my accountant in relation to Digital Tax Returns and he has advised me that, Landlords will be required to do Digital Tax Returns every quarter. In other words 3 times over the course of 9 months and then final Annual Self Assessment b…

South West Landlords Recognising the Value of Accreditation

Over the last 5 months 41 landlords have completed a vigorous accreditation scheme in Somerset, which they believe will protect good tenants and enable their local authority to effectively target ‘rogue’ landlords. Since the first National Landlords Code of Excellence training day took place in November 2016 over 50 local landlords and letting agents have joined the scheme, with 11 more becoming… Read more

The post South West Landlords Recognising the Value of Accreditation appeared first on Property118.com.

Mortgage Express loan book sale by UKAR?

It has been reported that Blackstone Group LP and Prudential Plc have been selected as the preferred buyers of Bradford and Bingley, which includes Mortgage Express, by the government owned UK Asset Resolution (UKAR). The acquisition by Balckstone and the Pru insurers is for £12.5 billion of mortgage lending of which 70% is Buy to… Read more

The post Mortgage Express loan book sale by UKAR? appeared first on Property118.com.

No wonder rental demand continues to rise!

Lloyds Bank has produced a report on the affordability of homes in UK cities showing the average price of a house in a city is now 6.9 times the average annual salary. These are the least affordable home figures since 2008! Since 2012 the average city house price has risen 32% from £169,966 to £224,926… Read more

The post No wonder rental demand continues to rise! appeared first on Property118.com.

Landlord Events – Free Promotion

We are seriously looking into adding an events calendar to Property118 and want to trial this before investing too heavily into additional software. If you host events and want to reach our members there is better online exposure available than via Property118. Just look at our growth of unique visitor stats over the last five… Read more

The post Landlord Events – Free Promotion appeared first on Property118.com.

Letting Agent Jailed for Fraud “Abuse of Position”

Mark Procter, director of Kirby Property in Cambourne, Cambridgeshire, was sentenced to three years and four months for fraud at Cambridge Crown Court on Friday. Procter gradually siphoned off tenants’ £140,000 of tenants deposits throughout 2014 and 2015 to pay for divorce proceedings and luxury holidays, the court heard. Since the case it has been… Read more

The post Letting Agent Jailed for Fraud “Abuse of Position” appeared first on Property118.com.

Property Networking Meetups

We would like to know which property networking meetups are attended by Property118 readers. If you attend any such events on a regular basis please tell us about them in the comments section below. How many people typically attend? What are the benefi…

What Makes a Great Holiday Let

Purchasing a holiday let can be a very rewarding and enjoyable endeavour. In this article we outline five things to consider when purchasing a holiday let, that will increase both bookings and your potential rental income. 1. What Makes a Great Holiday…

What Makes a Great Holiday Let

Purchasing a holiday let can be a very rewarding and enjoyable endeavour. In this article we outline five things to consider when purchasing a holiday let, that will increase both bookings and your potential rental income. 1. What Makes a Great Holiday…

My correspondence showing complete Ministerial lack of understanding!

Below is the full response from HM Treasury and Housing Minister,Gavin Barwell, to my MP Emma Reynolds who raised concerns on my behalf concerning Section 24 and the ban on Agents fees:   HM Treasury, 1 Horse Guards Road, London, SW1A 2HQ Dear Emma, 3 JAN 2017 Thank you for your email of 16 December… Read more

The post My correspondence showing complete Ministerial lack of understanding! appeared first on Property118.com.

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