Charitable gifts and section 24
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If you are a higher rate taxpayer, then you get money back. E.g. if you give £100, then the charity can claim gift aid of £25 (which assumes you are a 20% tax payer) and if you pay 40% tax, you get another £25 back (see https://www.gov.uk/donating-to-charity/gift-aid ) On my tax returns charitable gifts increase… Read more
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Can I become a shareholder in Right to Manage Company?
In 2014 I bought a flat with a 999 year lease. I am the only owner without a share in the freehold. A Right to Manage company had just been set up that excluded the person I bought the flat from as he was the freeholder and they took him to Tribunal to gain the… Read more
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Tenant’s Notice-to-Quit – Periodic Tenancies
Ending a Tenancy: What are the rules governing the ending of a statutory periodic tenancy (SPT) by the tenant, especially when the periods of the tenancy are not the standard 1 month? The answer to this question is not easily defined as it is not covered by one rule or a single Act of Parliament, […]
… LandlordZONE.
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How Angie and Dan Could Have Saved £280,000
Angie and Dan are very successful landlords by most peoples’ standards. By 2015 they had amassed a property empire worth £10,000,000 with only £4,400,000 of mortgages. That’s just 44% LTV. For several years, Dan and Angie had been drawing just £90,000 between them and using the rest of their profits (after paying tax at 45%)… Read more
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Every HMO in Greenwich to be licensed
Greenwich Council held a public consultation and ‘apparently’ 80% of residents were in favour of licensing all HMOs in the Area. Previously only the standard definition of HMOs were required to be licensed by the council. This was for properties over three or more floors five or more tenants. Now it will apply to all… Read more
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Asian Investors Buying up UK Property
Brexit Boom: Recent research suggests that despite the uncertainty around Brexit and the forthcoming general election, Asian investors are flocking to the buy UK residential and commercial property. According to Savills, Asian buyers injected £4.5bn of money into Central London’s office market by the end of November 2016, amounting to a third of 2016’s total, […]
… LandlordZONE.
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Set up to Help Landlords secure solutions to HB and UC issues
Caridon Landlord Solutions was set up with one purpose in mind; helping landlords secure solutions to any Housing Benefit (LHA) issues which might arise with local councils or DWP in relation to Universal Credit. For the past four years we’ve been developing and refining our strategy and gaining more and more successes in the process…. Read more
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Possession Claims show marked decline…
Tenant Evictions: The latest available figures for Landlord Possession claims in England & Wales show a marked decline in this activity, though average times to actually achieve possession are quite alarming – figures relate to October to December 2016. All stages of landlord possession actions have decreased, with: Landlord possession claims at (30,920), Orders for […]
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What can I do about Flue? Help please
I have a property and to the left is a building, their building is my boundary, the side of it I mean. The business owners had a boiler Flue extruding out of it, it was hidden behind my garage so I didn’t mind, but this weekend they took out the old Flue and put a… Read more
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How can I redirect post from my rental property to my main residence?
I have been trying to redirect post on one of my rental properties to my home address as I would prefer no correspondence addressed to me is sent there. The post office postal redirect system failed on me on the last stage of payment options. I called them up to no avail as they insist… Read more
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