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Almost half of landlords planning changes as a result of tax implications

Results from a survey released today by mydeposits, the custodial and insurance-backed tenancy deposit scheme, have revealed that 44% of landlords are planning to make changes to their present circumstances in direct response to tax changes imposed on landlords over the last 18 months.

The post Almost half of landlords planning changes as a result of tax implications appeared first on Property118.

49% of home purchases are First-time buyers

Connells Survey and Valuation have reported that First-time buyer home purchases are increasing as a percentage share of the purchase market and now stand at nearly half 49%. This is an increase of 6% on the five year average from July 2016.

The post 49% of home purchases are First-time buyers appeared first on Property118.

Tenant Tax (Clause 24) causing homelessness?

Hi Team

Here is the impact of Tenant Tax (Clause 24) clearly visible. (Homelessness and Genocide of poor and sick).

It is causing Homelessness in London and will cause homelessness everywhere else in the country soon.

The post Tenant Tax (Clause 24) causing homelessness? appeared first on Property118.

Tenant Tax (Clause 24) causing homelessness?

Hi Team

Here is the impact of Tenant Tax (Clause 24) clearly visible. (Homelessness and Genocide of poor and sick).

It is causing Homelessness in London and will cause homelessness everywhere else in the country soon.

The post Tenant Tax (Clause 24) causing homelessness? appeared first on Property118.

Setting up the generations against each other

The new report by Legal and General and CEBR (Click Here to view) has been presented as yet another example of ‘intergenerational inequality,’ with particular focus on the fact that the Bank of Mum and Dad is not only used to assist offspring with property purchases

The post Setting up the generations against each other appeared first on Property118.

Section 21 – time limits, forms and retaliatory eviction

This is the fifth post in my 2017 Legal Update series.

We have had two posts already in this series on section 21 but there is still a way to go. Today I am going to be looking at the remaining ‘Deregulation Act’ amendments.

The post Section 21 – time limits, forms and retaliatory eviction appeared first on Property118.

71% of landlords feel less confident post political instability

A landlord sentiment survey carried out by Foundation Home Loans considering confidence post political instability of the snap General Election and Brexit shows that 71% have experience a drop in confidence for the PRS.

38% of landlords have since reviewed the size of their portfolios due to increasing costs and 7% have actually sold property to reduce their exposure to the rental market.

The post 71% of landlords feel less confident post political instability appeared first on Property118.

Freeholder repossessed and done a runner?

Hi my wife and I own 1/3 share of a freehold Victorian conversion house split into 3 flats. We currently rent this out.

The previous owner/occupier of the top floor flat did a runner and his flat was repossessed by his bank and resold leasehold only

The post Freeholder repossessed and done a runner? appeared first on Property118.

Notice in writ of possession cases

There has been an appeal going through the courts regarding the notice requirements to residential tenants when landlords apply for a writ of possession to evict.

CPR 83.13 – sufficient notice

The appeal – Partridge v Gupta –

The post Notice in writ of possession cases appeared first on Property118.

Low anxiety Vs green bins

When looking to invest in property what is more important, the ecological credentials of a local borough or its low levels of anxiety?

Interactive borough map reveals where in London is best for your preferences: Click Here

An interactive map

The post Low anxiety Vs green bins appeared first on Property118.

Landlords – Tell the Chancellor what should be done before the Autumn Budget

HM Treasury has said it welcomes representations as part of the policy-making process and the views of stakeholders are gratefully received.

There will now only be one Budget each year held in the Autumn with a Spring Statement in 2018

The post Landlords – Tell the Chancellor what should be done before the Autumn Budget appeared first on Property118.

Am I guilty of Disrepair, Being Unfair or Both?

A letting agent I use in Yorkshire has sent me an email today, as they have received a letter from the local council suggesting that I am guilty of disrepair.

This is probably a complaint in retaliation from a tenant that I invoiced

The post Am I guilty of Disrepair, Being Unfair or Both? appeared first on Property118.

Section 21 – the New Pre-Conditions

This is the fourth post in my 2017 Legal Update series.

In my last post I gave you the good news about section 21 – the fact that the dreaded ‘last day of a period of the tenancy’ is (in most cases) no longer needed.

The post Section 21 – the New Pre-Conditions appeared first on Property118.

Case Study on UC tenants prospective

The claimant and their landlord approached Caridon Landlord Solutions, seeking resolution to an on-going issue with the tenants Universal Credit claim, the tenant was not in receipt of any payments causing him to incur debt and was also unable to pay his rent.

The post Case Study on UC tenants prospective appeared first on Property118.

Buying the freehold: What’s involved?

The freeholder of my BTL flat is selling the freehold to me. It is going through now but I would like to know what my responsibilities and roles are as well as the advantages and disadvantages. I have emailed my solicitor twice regarding this but no response.

The post Buying the freehold: What’s involved? appeared first on Property118.

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