Sign in Sign up
01603 741900
info@gracecharlesinvestments.com
Norwich City FC Logo Official property investment partners
of Norwich City Football Club

News

Mortgage Express assets sold in £11.8 billion Bradford & Bingley deal

UK Asset Resolution (UKAR) has today confirmed the sale of two separate Bradford & Bingley asset portfolios comprising performing Buy to Let loans for a total of £11.8 billion to Prudential plc and to funds managed by Blackstone. Non-performing loans are where a scheduled mortgage payment has not been made for more than 90 days…. Read more

The post Mortgage Express assets sold in £11.8 billion Bradford & Bingley deal appeared first on Property118.com.

APPG on Fair Business Banking and LPA Receivership

There is now an All Party Parliamentary Group on Fair Business Banking and it is making great headway including with LPA Receivership: Link to site http://www.appgbanking.org.uk/ The Group is asking for victims to engage their MPs and ask them to suppo…

What is the 2016/17 tax year position on claiming for “Home as Office”?

A few years ago the following were published on P118: June 2012: https://www.property118.com/claiming-home-as-office-expenses-for-landlords/29305/ August 2013: https://www.property118.com/question-can-landlords-claim-for-use-of-home-as-office/42244/ Has anything changed since then? Many thanks Michael

The post What is the 2016/17 tax year position on claiming for “Home as Office”? appeared first on Property118.com.

Liverpool City Council – The sorry saga continues

The saga of Liverpool Landlord licensing continues unabated. This Council have been taken to the First tier Tribunal because it has now come to light that Liverpool have been operating a two tier application process, unheard of by any other local authority. In essence LCC have issued Draft copy licences to some landlords which are… Read more

The post Liverpool City Council – The sorry saga continues appeared first on Property118.com.

Supply of generator for marine fish during electrical inspection?

I have a building in multiple use (shop and a couple of flats) that I have recently had a fire risk assessment carried out on. One of the recommendations is a full electrical safety inspection which is going to take 4-6hrs. Whilst it is possible to iso…

Oxfordshire area landlords with LPA stories required

Are you a Landlord in the Oxfordshire area or elsewhere and have had dealings with LPA Receivers being appointed and feel it was not correct. An expose is being put together by a local radio station. Do any and or all of the following sound familiar ab…

Fergus Wilson faces civil action for ‘no coloureds’ discriminatory policy

The controversial Landlord, Fergus Wilson is likely to face civil charges under the Equality Act for racial discrimination. Mr Wilson who claims to be one of the largest UK property owning landlords was reported to have instructed his letting agents not to rent to “coloured people” because of the cost of removing the smell of… Read more

The post Fergus Wilson faces civil action for ‘no coloureds’ discriminatory policy appeared first on Property118.com.

Can a one bed flat be a studio with a separate bedroom?

I am looking to buy my first flat and I can only really afford a studio in London. However I have noticed some have the same gross internal area as some one beds and I could easily re arrange the layout to create a bedroom. If I was to convert a studio…

Our own report sent to new high level review of the Private Rental Sector

The comprehensive report written by Dr Rosalind Beck: Section 24 of the Finance (No. 2) Act 2015: “the unjust legislation that will make the UK housing crisis much worse.” Has been sent to The Centre for Housing Policy at the University of York which will be carrying out a review of the PRS led by… Read more

The post Our own report sent to new high level review of the Private Rental Sector appeared first on Property118.com.

Gas cert labelled AT RISK but legislation doesn’t condemn?

I’m having a real pickle with a gas engineer (employed by my agent), who has given me an At Risk status on my cert which as far as I can tell is quite contrary to the legislation. The point made is that he states there is no secondary control valve to bee seen, and although… Read more

The post Gas cert labelled AT RISK but legislation doesn’t condemn? appeared first on Property118.com.

Ireland consulting landlords on future taxation

Having tried taxing landlords to the wall, then realising tenants couldn’t afford their homes after rents rose by up to 50%, it seems Ireland has woken up to the invaluable service provided by the PRS. A key highlight from the article reads: “The consultation document asks whether a tax relief comparable to the reliefs for… Read more

The post Ireland consulting landlords on future taxation appeared first on Property118.com.

Why do domestic residents have to pay for a commercial risk by the Landlord?

I have an apartment in Birmingham, The Masshouse Plaza, recently we received notification that the resident of a commercial block had not paid their service charges for 2 years, and as residents of one of the residential blocks, we are now responsible for nearly £200,000 of debt owed to the Landlord by the commercial interest…. Read more

The post Why do domestic residents have to pay for a commercial risk by the Landlord? appeared first on Property118.com.

SDLT when moving from rented into own home as a Landlord owning BTLs?

I am a landlord myself and am selling my own Principal Private Residence home to move into rented for approx 2 years. I understand the extra 3% SDLT may play a part if I stay in rented this long and then wish to buy another PPR property to move into. S…

Finding it impossible to evict tenant

I have a tenant, who has not been paying rent since December 2016. I served Section 8 and Section 21 notice together in Jan 2017. I attended hearing under Section 8 Grounds (mandatory) for more than 2 months in arrears. During the  hearing the tenant alleged that, he made December payment in Cash therefore he… Read more

The post Finding it impossible to evict tenant appeared first on Property118.com.

Nottingham CC stitch up – Artificially inflated distortion of the true facts!

Nottingham City Council are claiming that between 2013 to 2016 to have received 4500 complaints against the PRS in support of their plans for a city wide licensing scheme. In response to a Freedom of information request that I made the Council have admitted to spending £9,664 between 2014 and 2016 on advertising, specifically to… Read more

The post Nottingham CC stitch up – Artificially inflated distortion of the true facts! appeared first on Property118.com.

Get the latest info on all of our latest property releases
01603 741900
info@gracecharlesinvestments.com