Changes in the Wales PRS
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2016 will be remembered for the string of high profile deaths in the world of music and showbusiness. Here RLA Director for Wales Douglas Haig pays tribute to much-loved musician and style icon David Bowie, who was among the famous faces we lost this year. Can you spot the 28 song titles hidden in his New […]
The post Changes in the Wales PRS appeared first on RLA Campaigns and News Centre.
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Homes add £19,348 in value over a year…
House Price Growth: Home prices have continued to power ahead despite the economic uncertainty, adding on average around £57 per day to their value during 2016, that’s according to property website Zoopla. Zoopla said the average home increased in value by £19,348 onto its value, a figure approaching the average wage, from January to early […]
… LandlordZONE.
View Full Article: Homes add £19,348 in value over a year…
New form for suspended possession orders
A new court form is available for use when tenants have breached the terms of their suspended possession order. The form was published as a result of the Court of Appeal’s decision in Cardiff City Council v Lee. Prior to this case, it was understood that when a tenant breached the terms of their possession […]
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Has anyone taken another landlord to court for loss of rent due to their tenant?
I got a problem with a landlord of a property next door to mine and I would like some advise on how to handle the situation please. His ASB tenants have been making life hell for the decent people in the street and the street backing on to his property. Shouting, fighting, motor bikes and… Read more
The post Has anyone taken another landlord to court for loss of rent due to their tenant? appeared first on Property118.com.
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Lodger jailed for murdering his landlord
A lodger who lived with his Worthing landlord and killed him in August this year has been jailed for life. This case highlights the importance of checking out (screening) tenants very carefully and especially in the case of lodgers who will be sharing the landlord’s own home. In August last police officers were called to […]
… LandlordZONE.
View Full Article: Lodger jailed for murdering his landlord
PRA, DSCR, FCA, HMO, SPV, SIC Code, ATED – What BTL landlords need to know for 2017
The numerous interventions from regulators, the EU, the changing lending landscape and even more scrutiny that banks now demand before agreeing terms, has all made for a much more difficult BTL marketplace. You have probably seen this for yourself already. Many mortgage brokers who dabbled in the BTL space have now gone back to their… Read more
The post PRA, DSCR, FCA, HMO, SPV, SIC Code, ATED – What BTL landlords need to know for 2017 appeared first on Property118.com.
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Stupid stupid Banking systems!
Could not get a £30k BTL mortgage on a £380k house that has had a >95% occupancy since 2002. The conversations with various banks went something like this Ah Hamish, you’ll have had your tea. I have that Banker. We’re here for a modest BTL mortgage and you have various products that interest us. Aye… Read more
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Mortgage to buy an SPV Ltd Company and property it sits in?
I want to buy an HMO which is already held in a SPV Ltd company. I want to retain the same structure going forward and therefore want to buy the limited company. I’m looking for a lender who understands the transaction, where ultimately they would be valuing the asset held in the limited company and… Read more
The post Mortgage to buy an SPV Ltd Company and property it sits in? appeared first on Property118.com.
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Rent Arrears could worsen next year…
Rent Arrears: Christmas time is expensive and the New Year not only brings tight budgets, it’s also a prime time for family break-ups and relationship problems, so rent payment is often the casualty. What’s more, this year landlords are under more pressure from property tax rises, so rents are likely to climb. A recent Rent […]
… LandlordZONE.
View Full Article: Rent Arrears could worsen next year…
Hybrid Tax Structure For Landlords
I recently came across an organisation who are charging £600 to attend a seminar to learn about the hybrid tax structure for landlords, £2,700 for one to one consultations, then £15,000 for implementation and a further £250 a year! I was so disgusted with their profiteering and promotion of this structure, and their obvious total… Read more
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