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£1.7 million landlord tax planning success

Earlier this year we helped a couple to restructure their property rental business in such a way that they will pay no personal tax whatsoever on the next £1.7 million they withdraw from their Limited Company.
This was achieved by arranging bridging fa…

Universal Credit – What is all the fuss about?

More and more over the last few weeks there have been articles discussing the Governments flag ship Universal credit system, this has been the most major shakeup in the Welfare Reform in 40 years. Currently there are two services; Universal Credit Live Service and Universal Credit Full Service.

The post Universal Credit – What is all the fuss about? appeared first on Property118.

New Pre-action protocol for debt claims from 1st Oct

The new protocol is designed to encourage debtor and creditor to communicate and resolve a payment plan before the need to go to court.
Click Here to download the full Pre-Action Protocol for Debt Claims
The following summary is from our partners at th…

Live Universal Credit horror case study

Today we have taken on the following case:
In March the landlord granted a Tenancy to a tenant who informed him she was on Universal Credit. Unsure of the new scheme and not swayed by the bad press the optimistic landlord decided to give it a go.
The p…

The solution for huge rental demand in Newcastle City Centre

With huge amounts of regeneration underway in Newcastle city centre, the capital of the North East is bolstering its reputation as one of the UK’s most attractive cities for renters, but the city is only just beginning to cater for it.

The post The solution for huge rental demand in Newcastle City Centre appeared first on Property118.

How to do right by tenants when selling?

I have decided to sell one of my properties but I’m trying to find a way of selling with the tenants in situ.

They are wonderful tenants who have rented from me for several years and I’m trying to do right by them.

The post How to do right by tenants when selling? appeared first on Property118.

No copy of agreement and tenant has dementia?

I own a property which I purchased 11 years ago with an in-situ tenant who is under an old style Assured Tenancy (not an AST). Unfortunately the housing association I originally bought the house from claimed not to have a copy of the tenancy agreement and the tenant himself had lost his copy over the years (he has lived there since the early ’70s)

The post No copy of agreement and tenant has dementia? appeared first on Property118.

Least Risk? S21 or S8

We have a tenant finding it hard to find a property to move to. A developer let them move into a new house which is now for sold STC but the wave of Landlords selling is tightening supply so they can’t find anywhere.

The post Least Risk? S21 or S8 appeared first on Property118.

Tenants refusing access – help with Section 21

I’ve recently been asked to help some elderly friends manage their property (I’m not in this field – it’s as a favour to them due to the abuse they get from the tenants).

The tenants have been in the property since 1998

The post Tenants refusing access – help with Section 21 appeared first on Property118.

Signature Mill – Heritage England listed Buy to Let opportunity

Situated in the Manchester City Regeneration Area, Signature Mill is a conversion of an old textile mill offering panoramic views over Manchester’s city centre.

Due to Manchester’s increasing desirability, house prices are predicted to grow by 26.4% over the next five years

The post Signature Mill – Heritage England listed Buy to Let opportunity appeared first on Property118.

Labour commits to introducing rent controls

In Jeremy Corbyn’s speech at the Labour party conference today in Brighton he committed the party to introducing rent controls if they got into power.

In his speech Corbyn said:”We will control rents, when the young generation’s housing costs are three times more than that of their grandparents.

The post Labour commits to introducing rent controls appeared first on Property118.

TDS Foundation awards £94k towards improving PRS

The Charitable Foundation of TDS deposit protection scheme made £94,054.94 in awards in latest round of funding. It hopes to break £500k in total by the next round of funding

The TDS Charitable Foundation awarded over £94,000 to organisations to advance education on housing rights and obligations in the PRS.

The post TDS Foundation awards £94k towards improving PRS appeared first on Property118.

If not me then who?

If I do not continue to let out homes as a result of section 24 who will provide the housing?

Are there other options for renters aside from council and social options?

I am Intrigued to know if there are any other groups

The post If not me then who? appeared first on Property118.

Welfare Reform Week – Your chance to feedback to DWP on Universal Credit

Caridon Landlord Solutions are pleased to announce that we are partnering with Property118 to bring to our readers Welfare Reform Week.

Throughout this week we will be providing free online advice to landlord’s with tenants that are in receipt of benefit’s covering various topics from:

  • Housing Benefit overpayments
  • Housing Benefit Suspensions to Universal Credit direct payments
  • Universal Credit delay in payments

This will give landlord’s alike the opportunity to share their issues that they have faced both past and present and receive online immediate advice from an expert.

The post Welfare Reform Week – Your chance to feedback to DWP on Universal Credit appeared first on Property118.

Borrowing request hits brick wall?

After some advice, as have been a bit naive and hit a brick wall. I am looking to borrow more money against a property which has some equity in it, but is not due for remortgage yet.

My thinking is that I’d like to have some money available should an opportunity come up to invest and if I can’t find anything that I have additional money in case I need it as a liquidity buffer.

The post Borrowing request hits brick wall? appeared first on Property118.

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info@gracecharlesinvestments.com