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Kensington Flat For £45K At Auction?

Property Auction Review video of some of the best property investment deals (both Residential & Commercial) coming at property auctions Allsop & Auction House London reviewed by myself, Rod Turner, Jay Howard and Piotr Rusinek.
In this episode

New pet friendly standard government tenancy agreement

The government has released its latest standard model tenancy agreement to cater for responsible tenants with well-behaved pets. Under the new Model Tenancy Agreement, announced by Housing Minister Rt Hon Christopher Pincher MP, landlords will no longe…

Developer Exit Finance when your lender is unhelpful

During the current Covid-19 pandemic, we have received an increased number of enquiries regarding refinancing existing development finance. These have mainly been brought about by overruns either in terms of cost or time and their current lender not be…

Handling good tenants in a falling market?

Does anyone have an established playbook for rapidly-falling rents? I run a 6-bed HMO for young working professionals in inner London (Zone Two). I’m on good terms with all tenants. The house grosses about £57k per year and nets about £30k after …

Taxation of 7 months rent in advance?

I have a problem – it sounds like a nice problem. My agent has got me a short term let for 7 months and the tenant wants to pay 7 months rent in advance. The problem is that this tax year I am a 40% taxpayer
The post Taxation of 7 months rent in …

Landlords unable to respond to London council’s so called “consultation”

Landlords you need to make your voice heard! You have only until February 11th to respond to the licensing proposals of the City of Westminster council. Except you can’t. The City of Westminster has some 52,700 rental properties constituting 43% of its…

ECO Confusion – Who and what?

I had a company carry out checks on all my properties (Birmingham & Devon) in Summer 2020 to determine what grants I could apply for.
Advice was given that I could apply for some ECO3 funding. All the properties house benefit/low income tenants.
Th…

Lockdown finance support and options

It has been another tough start to the year for everyone, including landlords, many of whom have tenants that are unable to pay their rent in full (or at all) due to COVID-19. With many already struggling to cope under the tighter restrictions in the U…

Third lockdown has created a perfect storm for the property market

The latest Hometrack House Price Index for January is indicating the third national lockdown is exacerbating a supply and demand imbalance in housing with demand for homes in the first two weeks of January up 13%, but supply down 12% creating a corresp…

HMRC extends self-assessment filing deadline

Turmoil at HMRC has led to them announcing that this year they are extending the 31st January filing deadline until the 28th of February and there will be no late filing penalties as long as returns are submitted online before the new date.
The post HM…

Private sale swap with BTL buyback?

I think the initial part of this plan sounds like a relatively straight forward proposition, but the second buyback part probably not… so, I hope the good people of P118 can point me in the right direction!
I’m living in a property that still has…

What is the current situation with evictions?

I am a small landlord. I had a difficult tenant last spring and I thought we had sorted it all out. She’s been paying on time since then and has now gone on to a periodic tenancy as I did not renew her tenancy agreement.
The post What is the curr…

Can I resolve noisy neighbour issue for my tenant?

I have a Maisonette that has been let to the same tenant for three years, and she is the absolute perfect tenant. It is a two-level building in an affluent area and there have been a couple living above (not my Flat) for the last two years without any …

Alleged Council Enforcement Officer threatening over the phone?

We are refurbishing a property which is 4 storey house Grade II Listed. Each Floor has Studio Room which comprises of Self Contained Unit. Floor Area is as follows: Basement, Ground Floor, First Floor and Top Floor. The refurbishment commenced almost a…

No Respite for Landlords

The Debt Respite Scheme (Breathing Space) guidance was a shock to landlords when we heard about it this week. It is a truly atrocious bit of legislation, heaping even more worry and misery on landlords and also likely to have a very damaging effect on …

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