News

Last month a couple of unsubstantiated statistics were published in the papers.  They both came from the Labour mayor of Newham, Sir Robin Wales, who has an axe to grind.  He is fighting the government over the continuance of the mandatory universal licensing scheme that was introduced in 2013 and will end in December. 

The post Mayor of Newham claims half the landlords there evade tax appeared first on Property118.

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.

Last week a reader pointed out that the gross yield figures that are bandied about are misleading and we should concentrate on the return on investment (ROI).

https://www.property118.com/using-net-rental-yields/

The gross yield is the annual gross rent as a percentage of the value of the property. 

The post The paradox of Section24 appeared first on Property118.

It’s getting very hard to keep up with the Guardian’s current onslaught against private landlords; it’s also supremely ironic that they should be engaging in this one-sided tirade whilst simultaneously stating that the paper provides: ‘quality, independent journalism, which discovers and tells readers the truth.’

I would beg to differ.

The post Guardian’s current onslaught against private landlords appeared first on Property118.

Four people from the Cambridge Centre for Housing and Planning Research (CCHPR) wrote the report, and a summary, for the Joseph Rowntree Foundation (JRF).  That is to say, four of its members are credited with writing it.  But it looks as though Generation Rent has had a hand in it as well. 

The post Who hijacked the JRF project “Poverty, evictions and forced moves”? appeared first on Property118.

The Residential Landlords Association (RLA) have reported on figures obtained from DUP MP Jim Shannon’s parliamentary questions requesting figures on HMRC self assessment tax brackets for the 1.9 million unincorporated individual landlords in the UK. Of these 66% or two thirds of all individual landlords are basic rate tax payers, 30% are high rate tax… Read more

The post Landlords attacked for being wealthy fallacy appeared first on Property118.com.

Professor David Miles was a Monetary Policy Committee member at the Bank of England from 2009 until 2015 and has said the tax attacks against landlords by the government with Section 24 and Stamp Duty surcharges are “profoundly wrongheaded”. Speaking at an event held by New City Agenda David Miles told the audience that government policies designed… Read more

The post Ex MPC member says attacks on landlords are profoundly wrongheaded appeared first on Property118.com.

I offer here a brief critique of the report which has just been published by the Joseph Rowntree Foundation. To download the full report please CLICK HERE Those of you who are aware of the debates surrounding Section 24 and who have kept abreast of our research findings on Property118 will know that we are… Read more

The post Joseph Rowntree Foundation report on PRS lessons from Ireland – A landlord’s perspective appeared first on Property118.com.

Here’s a letter template for you.   Dear …….., For the first time, as a long-time supporter and member of the Conservative Party, I am struggling for a reason to vote Conservative! I would never even in my worst nightmare ever believe that a Conservative Government would wage such punitive attacks on small Landlords, without… Read more

The post Putting pressure on your Conservative MP appeared first on Property118.com.

Kate Faulkner has released a summary of First Time Buyer (FTB) market data showing a rise in FTB activity, the bounce post credit crunch and the myths of media reported data. To see Kate’s full First time buyer price report – April 2017 please Click Here Kate comments on the data in her report that;… Read more

The post Kate Faulkner’s FTB analyses highlights myths of Landlord effect on market appeared first on Property118.com.

With the General Election just weeks away, we need to send the message loud and clear that landlords have had enough. We will not accept the constant attacks by Government and we demand the immediate scrapping of Section 24, which constitutes the worst…

I recently exchanged a number of emails with someone who supports Section 24 of the Finance (No. 2) Act 2015.  The emails are self-explanatory. The challenge for you is to guess who my correspondent is?   8.38pm, 3rd January 2017. Dear… It has been drawn to my attention that you think disallowing unincorporated landlords’ finance… Read more

The post Guess Who? appeared first on Property118.com.

Please read the Treasury letter below and then our response: Correspondence & Enquiry Unit 1 Horse Guards Road London SW1A 2HQ Public.enquiries@hmtreasury.gsi.gov.uk Dr Rosalind Beck April 2017      Our reference: TO2017/06948 Dear Dr Beck  Thank you for your correspondence dated 23 February to the Minister of State for Housing, Planning and London about the… Read more

The post Property118 campaign team demolish Treasury’s ill-conceived arguments appeared first on Property118.com.

Henry Prior, according to his own website, is the “The BBC’s favourite property expert.” His Bio says “for the past nine years I have worked as a ‘buying agent‘, sourcing homes and other assets for the rich and famous and for the plain hard working.” However, in a Twitter spat with the RLA, Prior claimed that… Read more

The post Henry Prior dismisses landlord concerns over Section 24 as “complete pants” appeared first on Property118.com.