Apr
24

Working with your local council

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We all know that from time to time working with, or against, your local council will be something a landlord or developer has to deal with. 9 times out of 10 the housing, environmental health or planning officers are willing to work with you. It’s always best to work with them, even if you don’t… Read more

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Apr
24

Transfer of unencumbered property from partnership to a Ltd Co?

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I have done a fair bit of research on what taxes would be liable on the transfer/gifting of an unmortgaged property owned in partnership (not spouse) to a Ltd Co where the director’s are the same as the partnership. I understand, hopefully, that there is no SDLT to pay because there is no mortgage outstanding,… Read more

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Apr
24

What does the election mean for the PRS?

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If you have been on a desert island over the last few days you may not be aware that a UK general election has been called for 8 June. Parliament will be dissolved on 3 May. This will have implications for the private rented sector as a number of measures were in progress and these […]

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Apr
24

Worried Landlord now no win no fee solicitor is involved

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I am a landlord with an existing tenancy having come to an end. Since the tenant moved out, we have received letters from a no win no fee solicitor acting on behalf of our ex tenant asking us for compensation for not giving her the correct DPS prescribed information. Whilst we did outline in our… Read more

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Apr
24

Speed the sale of your rental property…

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Vaughan and Sally Schofield of Belvoir Wrexham recently scooped the title of Belvoir’s Best Sales Office of the Year, as well as the Gold Award for Customer Service at the company’s national awards. Here are Vaughan’s top tips for landlords who wish to sell a rental property… 1) Incentivise Selling a rental property with a […]

LandlordZONE.

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Apr
24

SDLT on transfer of mortgaged property to spouse?

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Summary: Is SDLT always due on a transfer of part of a mortgaged property to a spouse, even if the declaration of trust which gives effect to the transfer makes clear that responsibility for the mortgage has not changed? Background: I have two rental properties that I own with my wife, both of which are… Read more

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Apr
24

Tenants in Common, Declaration of Trust and Form 17?

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Prior to the 2nd April 2017, my brother, his wife, my wife and I owned a rental property as tenants in common in equal shares. On the 2nd April, a Declaration of Trust was made in which my wife declared that her 25 part equitable interest in the property is held on trust for herself… Read more

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Apr
24

Conditions of a Commercial Property Lease Explained

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Commercial Leases: When leasing a commercial property, it’s important to know where your responsibilities as a landlord lie, and how you can protect your best interests as a landlord. Some conditions within a lease are obvious – you would expect there to be information about rent and how it is paid.  However, there are other […]

LandlordZONE.

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