How to insure flats without planning permission?
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I have a house that has been converted into two self-contained flats recently. The flats have achieved building regulation certification for the conversion BUT NOT planning permission. My current insurers don’t specifically ask about planning permission even though they know it’s a house split into two flats but when, in the interests of full disclosure,… Read more
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Development land uplift clause and divorce?
My husband and I have been married for 25 years, separated for 8 years. I have now decided to divorce him because of his unreasonable behaviour. We have several buy to let properties and also land with planning permission to build houses. Would it be possible for me to put an uplift clause or similar… Read more
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Landlords Cautiously Optimistic
PRS Trends: Two years on from the post-election budget shock of the summer of 2015, when George Osborne’s tax raid on landlords was announced, ostensibly to create “a more level playing field” between landlords and homeowners,” the commencement of this measure in April 2017 is finally upon us. The removal of mortgage interest relief will […]
… LandlordZONE.
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Cebr says house prices are set to Boom 25% in 4 years
HOUSE prices are set to boom 25% over the next four yours according to the Centre for Economics and Business Research (Cebr). The Cebr are predicting an increase in house prices of £52,000 to an average home price £272,000 by 2021 as confidence in the UK housing market remains high. The current average house price… Read more
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Reasonable solictor fees for debt letters?
I own a small flat in a Victorian Block and over the last 3 years the management company have constantly been requesting improvements fees, to the tune of around £30,000 over the last 3 years. As they do not accept credit cards, I usually wait till their solicitor writes me a letter then I pay… Read more
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Tenants’ Fees ban for agents – consultation announced…
Tenant Fees: The government announced in the 2016 Autumn Statement that it would consult on introducing a ban on letting agent fees paid by tenants, “to improve competition in the private rental market and give renters greater clarity and control over what they will pay.” This consultation process has now been announce and will be […]
… LandlordZONE.
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Last four housing ministers said fee ban would raise rents
Plans to ban letting agent fees paid by tenants have previously been attacked by the last four housing ministers. The revelations come as the government launches its consultation on the proposal originally announced in the Autumn Statement. In 2013, the then Housing Minister, Mark Prisk said that it “cannot be the answer to tackle the […]
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Government starts consultation letting agent fee ban
The government has published its consultation on banning letting agent fees in which it argues for a ban that is “clear and simple for all involved”. It says that the proposed measures will “stop hidden charges and end tenants being hit by costly upfront payments that can be difficult to afford”. It also says that […]
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The Benefits of Converting a Family Home into an HMO
It is becoming increasingly difficult for landlords to make money in the current buy to let market. In many areas, particularly in London, the cost of letting a property is no longer worthwhile. The government has cut tax relief for landlords and it’s more difficult to secure mortgage finance. Not surprisingly, many seasoned landlords are […]
… LandlordZONE.
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Short-term lettings and the London Market
The popular website Airbnb (along with a few others) has caused controversy around the world as its short lets to strangers’ website, allowing guests to stay in homes as lodgers, has morphed into facilitating more conventional lets. In response to legislators in various jurisdictions, since 1st January 2017 Airbnb has begun limiting “entire home” listings […]
… LandlordZONE.
View Full Article: Short-term lettings and the London Market
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