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Does the deposit have to be physically returned ?

I have a tenant in arrears.

The deposit was unprotected (i.e. not re-protected at renewal due to an admin error)

I offered the tenant the chance to use the deposit against the arrears, we agreed and he signed a letter stating the deposit had been returned.

The post Does the deposit have to be physically returned ? appeared first on Property118.

Who hijacked the JRF project “Poverty, evictions and forced moves”?

Four people from the Cambridge Centre for Housing and Planning Research (CCHPR) wrote the report, and a summary, for the Joseph Rowntree Foundation (JRF).  That is to say, four of its members are credited with writing it.  But it looks as though Generation Rent has had a hand in it as well. 

The post Who hijacked the JRF project “Poverty, evictions and forced moves”? appeared first on Property118.

Section 8 and Joint Tenants

Section 8 and Joint Tenants

I rented a property to joint tenants (couple) who are now in a statutory periodic tenancy. Approximately about two months ago one of them was arrested and ordered not to go anywhere near the property or to have and links with the remaining tenant in the property.

The post Section 8 and Joint Tenants appeared first on Property118.

JRF spin on eviction data is disgraceful

I read the RLA’s response to the JRF report on evictions and went on to read the full JRF report.

Given it is built on interviews with 145 tenants who were Shelter clients it was never going to be unbiased was it?

The post JRF spin on eviction data is disgraceful appeared first on Property118.

AIRBNB Management Company Reviews

AIRBNB Management seems to be a big growth sector, particularly in London, Birmingham, Edinburgh and other big cities. I haven’t been able to find a National operator yet but I suspect it is only a matter of time before we see them launching.

The post AIRBNB Management Company Reviews appeared first on Property118.

A Game Changer For Landlords

Many years ago I did a management training course with a human behavioral psychologist and an also an accomplished author. You may have heard of him or read some of his books. His name is Dr Ken Blanchard

The post A Game Changer For Landlords appeared first on Property118.

National Landlord Investment Show sparks lobbying by Iain Duncan Smith

The UK’s leading property investment show has brought the controversial subject of landlord licensing and laws into the national press by its Expert Property Panel, including Iain Duncan Smith MP and David Smith, the Economics Editor of the Sunday Times.

The post National Landlord Investment Show sparks lobbying by Iain Duncan Smith appeared first on Property118.

National Landlord Investment Show sparks lobbying by Iain Duncan Smith for changes in laws affecting landlords

The UK’s leading property investment show has brought the controversial subject of landlord licensing and laws into the national press by its Expert Property Panel, including Iain Duncan Smith MP and David Smith, the Economics Editor of the Sunday Times.

The post National Landlord Investment Show sparks lobbying by Iain Duncan Smith for changes in laws affecting landlords appeared first on Property118.

TPO act on agents who did not pass rent on to Landlords

There have been recent articles in Property118 from readers regarding lack of support for landlord complaints against agents. However, The Property Ombudsman (TPO) redress scheme have expelled three agents for two or more years for failing to pay complaint compensation awarded to landlords by the TPO.

The post TPO act on agents who did not pass rent on to Landlords appeared first on Property118.

Residents association seems to have taken against students

I have a Buy to Let flat which is part of a complex which is currently let to two international students.

However the residents association seems to have taken against students being able to rent these flats and is quoting the below clause in the lease: –

The post Residents association seems to have taken against students appeared first on Property118.

Rent Guarantee Insurance From Property118

You can now buy top level Rent Guarantee Insurance through Property 118, offering high level cover with no excess at all. Click Here

Benefits

  • Up to £6250 rent covered per month
  • Up to £75,000 in legal fees
  • Hotel expenses up to £1500
  • Zero excess
  • Underwritten by Great Lakes – one of the largest UK insurers
  • Cost £125 for the year

Rent Guarantee Insurance protects landlords from tenants defaulting on rent payments.

The post Rent Guarantee Insurance From Property118 appeared first on Property118.

HMRC Internal Manuals – Landlord Incorporation

Did you know that HMRC’s internal manuals relating to Landlord Incorporation are published online and can be viewed by the general public?

Below I have published links to these manuals, which can be very insightful for both landlords and their accountants

The post HMRC Internal Manuals – Landlord Incorporation appeared first on Property118.

Please give us feedback on our new website design

This time last week we unveiled a fresh Property118 website design and new functionality to improve Navigation, searching and the general user experience.

Inevitably there were a few initial Bug Fixes to deal with and we are extremely grateful to members who took the time and effort to point these out to us.

The post Please give us feedback on our new website design appeared first on Property118.

Shelter and their abandonment of social tenants

If there is one thing that Grenfell Tower has taught us it is that it often takes a catastrophic event for people’s serious concerns to be listened to; before the Grenfell fire, the tenants’ were forced to dice with death on a daily basis while their reports of the danger they were in went unheeded by their incompetent local authority landlords and also by ‘the left’

The post Shelter and their abandonment of social tenants appeared first on Property118.

Record Month For Number of Landlords Incorporated

July 2017 has seen Property118 Limited help more landlords using the Beneficial Interest Company Transfer “BICT” structure to obtain HMRC non-statutory clearance for relief under s162 TCGA 1992 than ever before .

Non-statutory clearance in respect of using the BICT structure provides ‘peace-of-mind’

The post Record Month For Number of Landlords Incorporated appeared first on Property118.

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