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Why did the IFS issue the report “The decline of homeownership among young adults”?

The Institute for Fiscal Studies issued the Briefing Note “The decline of homeownership among young adults” on 16 February.
It contained findings, but did not make any recommendations. The key findings were:

Today’s young adults are significantly less…

Virgin Money “expect to enter the specialist BTL portfolio landlord market”

Boosting confidence in the industry Virgin Money is to enter portfolio Buy to Let mortgage market this year.
Virgin Money announced: “Overall, we achieved a market share of gross lending of 3.3% despite lowering volumes towards the end of the yea…

What is the ‘remaining term’ of a periodic tenancy?

I wish to remove some of my properties from Haart Lettings in Fleet due to several reasons. These include be over-charged by tradesmen they have employed, lack of property management and generally very poor value for money.
When raising the question of…

When do you pay CGT versus profit from a flip?

If I buy a property, do it up, and sell it on, I think I have to pay profit on the difference.
If I buy a property, do it up, put in a tenant, then sell it down the line
The post When do you pay CGT versus profit from a flip? appeared first on Property…

Equality laws could affect “no benefit tenants” policies

Lettings agent Nicholas George recently admitted indirect discrimination on the grounds of sex, settling out of court with single mother Rosie Keogh. She was paid £2,000 compensation, because her application was refused on the grounds of being in recei…

The Licensing of HMOs (Prescribed Description) (England) Order 2018

Hi All, Just had this piece of new legislation pointed out to me by a client. Although I heard Sajid Javid’s sabre rattling around Christmas, I hadn’t heard much more on it since. The new piece of legislation, made 20/02/2018 and laid befor…

Rental income and stamp duty or limited company

I have one property rented out since I down graded to a small flat in August 2016 only. I am thinking of opening limited company as people say that is more tax sufficient, and asset is owned by the company rather than myself which can paid for my care …

Mick Roberts on BBC Radio Nottingham

Our Own Property118 member Mick Roberts appears on BBC Radio Nottingham’s Mark Dennison Show. Mick tells it how it is in his own inimitable style and how Selective Licensing is going to directly affect his Benefits Tenants.
Click Here for BBC Ipl…

Central Liverpool Student Property Investment – Boutique Grade II Listed Building

Granite House is a Grade II listed building on Stanley Street in central Liverpool. Built in the traditional construction style of the early 20th Century, it will be re-purposed to a boutique student accommodation development. Many of the buildings on …

Universal Credit deficit on rent?

I have had a tenant move out of a property recently and because it was 2 weeks into the month I was told that I would not get the rental payment.
The Universal Credit team told me that if it had been 3.5 weeks into to the month I probably would of got …

Superstrike still with us?

I would really appreciate an opinion on this from those who might have been sued for more than three times deposit and any legal experts who post on here.
I am concerned about the many “ambulance chasing” legal firms around who are promising to get ten…

Property Purchase Problem?

I have a pressing problem with the planned purchase of a BTL. I wonder if you could help?
In summary, I’m looking to buy a house through my BTL Ltd Company (set up following section 24.). The house is a good investment as it is split into 5 self-contai…

Selective Licensing Scheme ‘Additional Powers’ Ruled Illegal By Court of Appeal

24Housing has reported that the Court of Appeal has ruled that councils cannot use selective licensing conditions to impose new standards on private rented homes.
Paul Brown, a landlord in Accrington, is challenging Hyndburn Council which sought to use…

Moving Mum back into a BTL property?

I am wondering if anyone could answer this question. I own a property outright that my Mum currently lives in.
Mum now wishes to move to Spain and has asked me if I can get a Buy to Let mortgage on the house to free up some funds.
The post Moving Mum b…

Do you have student accommodation or developments to sell?

Lettingsupermarket.com are assisting in the representation of a large Investment Group based in the U.S. who specialise in the acquisition of Student Accommodation.
They currently have over £300m invested in Student Accommodation developments in the U….

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