Fee ban will leave the market in limbo
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Plans to ban fees paid by tenants to both landlords and letting agents will leave the market in limbo, says the RLA. The Queen’s Speech revealed the the plans will be published as a Draft Bill for further scrutiny. The Draft Bill will include: Measures to ban landlords and agents from requiring tenants to pay […]
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Call from 60 year old deceased tenant’s ex-partner?
I received a call from someone saying they were my long-standing 60 year old tenant’s ex-partner. She told me that, since he died in his sleep a week ago, she and his daughter have nearly finished clearing the flat and are just about ready to hand back the keys. From our brief discussion and her… Read more
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Queen’s speech shock for Landlords…
Breaking News: Legislation banning tenants’ letting fees by agents is to go further than originally thought and will now apply to landlords as well. The proposed new legislation will also allow tenants in future to recover amounts unlawfully charged by agents or landlords when signing up for a new tenancy. Many agents rely on fees […]
… LandlordZONE.
View Full Article: Queen’s speech shock for Landlords…
Queens’s speech shock for Landlords…
Breaking News: Legislation banning tenants’ letting fees by agents is to go further than originally thought and will now apply to landlords as well. The proposed new legislation will also allow tenants in future to recover amounts unlawfully charged when signing up for a new tenancy. Many agents rely on fees they charge to both […]
… LandlordZONE.
View Full Article: Queens’s speech shock for Landlords…
Tenants without Passports Struggle to get Homes
Nearly half of landlords are less likely to rent homes to tenants without a British passport as a result of the immigration tests they have to make. This means that for the seventeen per cent of British citizens who don’t own a passport, many of whom are likely to be some of the poorest in […]
… LandlordZONE.
View Full Article: Tenants without Passports Struggle to get Homes
Happy Tax Day
Hope you like the animation! Is this how you feel landlords are being treated? Maybe our eBooks can help. Landlord Tax Planning Strategies eBook Setting Up A Property Partnership Setting Up A Property Partnership Guide To Incorporation For Private Landlords Landlord Tax Planning Presentation in PowerPoint and Printable PDF formats Landlord Tax Planning Analysis Software
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Returning Deposits when in breach of the rules…
Test Case Yeomans v Newell [2016]: When a landlord is in breach of the tenancy deposit rules he or she is prevented from serving a valid s21 notice for possession proceedings. Despite the fact that the tenancy deposit legislation has been in force since April 2007, landlords still fall into the trap of failing to […]
… LandlordZONE.
View Full Article: Returning Deposits when in breach of the rules…
Step sons want to take possession of fathers house
My dad has just received a letter from his second wife’s sons claiming that they have the right to make him leave the home he has lived in and maintained for the last 45 years (he’s 88 now) and to make him pay back rent as well. They have sent a letter of Pre action… Read more
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SDLT for Limited companies
My company owns 50% of a leasehold flat and has agreed to purchase the other 50% for £57,500. I was extremely surprised to hear from my solicitor that “SDLT is payable by all companies at the rate of 3% when acquiring a property at this level.” He also stated that he was taking advice on… Read more
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FREE WEBINAR – Last Chance To Register
This is you LAST CHANCE to register for the Property118/YPN/Cotswold Barristers joint webinar which will take place at 8pm on Thursday 22nd June 2017. The registration link is; https://ypnmagazine.infusionsoft.com/app/form/26e17cb41be832a3d7ecbda47a2bbf61 The webinar will be hosted by Ant Lyons, founder of YPN and guest experts will be Mark Smith, Head of Chambers at Cotswold Barristers and Mark Alexander,… Read more
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