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New Government powers to ban landlords and additional HMO regulations

From April 2018 any landlord convicted for the criminal offences of blackmail, theft,  handling stolen goods, harassment and stalking will automatically be banned from letting out property and added to the new rogue landlords database.
In addition Hous…

I want to cash in and invest it for the children?

Excuse my lack of knowledge, but my late father bought gold shares which are valued at £20k, I want to cash it in and invest it for the children by buying in a property up north (I’m Eastbourne).
My partner and I own our property
The post I want …

Jeremy Corbyn wants to scrap ‘No Fault’ evictions in England and Wales

Jeremy Corbyn told The Independent that in his next Labour manifesto he would pledge to change housing legislation so that tenants could not be asked to leave under ‘no fault evictions’. Click here to read the full article.

The post Jeremy Corbyn wants to scrap ‘No Fault’ evictions in England and Wales appeared first on Property118.

NO Taxation WITHOUT Representation!

Recent introductions and extensions of charges on landlords by local authorities suggest to me that landlords (and indeed any business in an area) should have a right to vote in local authority elections in areas where they own property.
Time to start …

Pressure HMRC on CGT when reinvesting?

For those of us who have held properties for a long period of time you are all probably aware that once upon a time there was a thing called ‘Taper Relief’ which year by year reduced your liability to CGT should you sell the property.

The post Pressure HMRC on CGT when reinvesting? appeared first on Property118.

Is your Landlords Insurance renewing in the New Year?

Operated on behalf of Property118 by The Property Insurer in conjunction with Discount Insurance, our brokers GUARANTEE to beat the premium you are quoted elsewhere on a ‘like-for-like’ basis.

What’s more, by using our recommended Landlords Insurance providers you will also be helping to fund the running costs of Property118.com so you save money and our community benefits too.

The post Is your Landlords Insurance renewing in the New Year? appeared first on Property118.

HMRC “Tackling the Hidden Economy”

The HMRC consultation titled “Tackling the Hidden Economy” has identified HMOs and selective licensing in the private rental sector as an option for developing tax-registration checks.

The consultation proposes to tackle different areas of the hidden (non tax paying) economy by making access to licences needed to trade conditional on tax compliance

The post HMRC “Tackling the Hidden Economy” appeared first on Property118.

Five Warnings for 2018 – #5 The Tenant Fee Ban

A short series from landlord & tenant lawyer Tessa Shepperson on things you need to watch out for.

I include this not because the rules are likely to come into force in 2018 (although this is not impossible)

The post Five Warnings for 2018 – #5 The Tenant Fee Ban appeared first on Property118.

Top 10 cities searched by prospective tenants

Rightmove have released figures for the most popular cities that prospective tenants search for new homes to rent in 2017.
Number 1 searched city was Bristol
Followed by:
2. Birmingham
3. Leeds
4.
The post Top 10 cities searched by prospective tenants …

Five Warnings for 2018 – #4 Pre-October 2015 Tenancies

A short series from landlord & tenant lawyer Tessa Shepperson on things you need to watch out for.

On 1 October 2015 new rules came in which affected landlords use of the all-important section 21 notices for properties let on assured shorthold tenancies in England (the new rules do not apply in Wales).

The post Five Warnings for 2018 – #4 Pre-October 2015 Tenancies appeared first on Property118.

400k cash to invest but how?

Hello Property 118 Investors. I have a fortuitous conundrum that I was hoping to get your experienced opinions on. I’ve come into some money, 400 grand to be exact and ready to invest it into property.

I’m 37

The post 400k cash to invest but how? appeared first on Property118.

Management Company won’t allow Periodic Tenancies?

I am the Leaseholder of a flat in a large, city-centre block – popular with mature students and young, single, professionals.

The management company are trying to force me to issue new AST’s every 6 months – presumably to bolster the fees they then charge.

The post Management Company won’t allow Periodic Tenancies? appeared first on Property118.

Landlord’s furniture in unfurnished letting?

I’ve been renting an unfurnished flat from through a lettings agent for over three months now. Our term is twelve months.

From the day we moved in there has been allot of furniture inside the flat belonging to the landlord.

The post Landlord’s furniture in unfurnished letting? appeared first on Property118.

Five Warnings for 2018 – #3 Banning Orders

A short series from landlord & tenant lawyer Tessa Shepperson on things you need to watch out for.

Banning Orders were set out in the Housing and Planning Act 2016, but could not come into force until the relevant secondary legislation had been drafted.

The post Five Warnings for 2018 – #3 Banning Orders appeared first on Property118.

Budget changes to Universal Credit

It was announced in the Chancellor of Exchequer autumn budget that there would be some changes to the Welfare Reform.

Universal Credit replaces legacy payments with a single monthly payment – merging six benefits into one, although, Universal Credit is being introduced gradually.

The post Budget changes to Universal Credit appeared first on Property118.

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