Apr
3

When should you tell a prospective tenant you live very close?

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I am currently in the process of finding a tenant for my property. I live a couple of houses along from it.

I have advertised this property as a ‘no pets’ property, mostly because I don’t want to be annoyed by any more dogs barking and cats messing in my garden which I already have to tolerate from other neighbours.

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Apr
3

Lettings industry regulation consultation response released

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The Government announced its response to consultations for letting industry regulation and Client Money Protection (CMP) in a crack down announced over Easter.

Client Money Protection will now be compulsory and privately-led schemes will be introduced alongside civil penalties of up to £30,000 for agents who do not comply with the scheme.

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Apr
3

Our properties are managed, does this mean we cannot claim incorporation relief?

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My husband and I live overseas but we have a portfolio of 38 rental properties spreads across the UK. We are considering incorporation for a variety of reasons, one of which is that Limited Companies are unaffected to the section 24 restrictions on finance cost relief for individual landlords.

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Apr
3

The truth about Nottingham Council putting private tenant’s rents up

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The New tenant Tax Nottingham Council expects private tenants to pay-Selective Licensing

The truth about Nottingham Council putting private tenants rents up

  • Licensing cost £780 PER HOUSE
  • Accreditation cost roughly £100 per house
  • Electrical certificate £140 EACH HOUSE + average works per house £97 as stated by Government
  • Floorplans each house £30
  • Inventory each house £45
  • Average works per house to bring to Newbuilds regs: £1000

Total cost £2192 per private tenant-And council houses don’t have to do it-Why not?

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Apr
3

Gifting commercial property back to us?

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My wife and I are in our mid to late 60s, Our commercial property is in our daughter’s name (long story). She and her husband, who have a separate business of their own, now wish to have the property put back into my wife’s and my own names.

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Apr
3

CGT on Primary Residence? – Don’t be too hasty to judge

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A question on Capital Gains for a Primary Residence when I’ve never strictly permanently lived in the property in question…don’t be too hasty to judge, (I hope) there are a few mitigating factors!

My mother sold the family home back in 2008

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Apr
3

Prison terms for tenant harassment

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Illegal Eviction:

Two Sheffield landlords were handed out suspended prison sentences for illegally evicting their tenant, after a judge tells them “landlords are not above the law”,

Mark Cashin and Rory Taylor were told by the judge that some “landlords think they’re above the law, but they’re not”, before he sentenced the two men for the harassment and illegal eviction of their Sheffield tenants.

Mark Cashin was sentence to 18 weeks in prison, suspended for two years, while Rory Taylor was sentenced to 12 weeks in prison, suspended for 12 months, for several property related offences.

The court heard how Cashin and Taylor’s conduct had resulted in harassment followed by the illegal eviction of a man living in their property in Woodstock Road, Netheredge in January 2016.

Cashin of Haddon Road, Bakewell had been a property manager working for Hallam Hills Ltd, and began harassing the tenant. Although the tenant was not in rent arrears, Cashin began threatening him with a series of text messages, and verbally abused him, telling him he would send someone called Jamie Ross round to “deal with him”.

Later, Ross and Taylor, of Far Lane, East Dene, went round to the property on the 3rd of February, 2016 and kicked down the door, before bagging up all the man’s possessions and throwing them out in the hallway, leaving a “Mickey Mouse” eviction notice drafted by Cashin.

Following this, South Yorkshire Police and Sheffield City Council became involved.

Cashin further admitted to harassing a female tenant in September 2015 at her address in Sheldon Road, Netheredge. She had asked Cashin to replace a broken washing machine at the house in multiple occupation (HMO) she was sharing.

The court heard that Cashin, who has previously been convicted of 54 property offences, had threatened to evict the woman and “throw her clothes out on the street” when she told him that if there was no machine she was going to deduct the cost of using a launderette from her rent payments.

Jamie Ross, of no fixed address, was sentenced to 12 weeks in prison, suspended for 12 months, and a further 120 hours of community for harassment of tenants, during a hearing at Sheffield Magistrates’ Court in September 2016, after admitting to the offence.

(Image shows Sheffield Town Hall)

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