Jan
17

Selling property without paying CGT

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Two scenarios regularly pitched to me during tax planning consultations are:-

1) We want to sell some of our properties which are low yielding and replace them with higher yielding properties.

2) We have been considering selling some of our properties and using the net sale proceeds to pay down other mortgages to improve the overall gearing in our business

You can probably guess the question that follows these statements!

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Jan
17

Evicting an intermitant paying tenant now on SPT?

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I’m a newbie to the letting game and would welcome advice from some seasoned members. I have a tenant who has run up non payment of rent to the tune of over a £1200.

She was a no problem for 6 months of her short hold tenancy agreement

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Jan
17

Freezing housing market looking negative or flat – RICS

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The UK housing market ended 2018 on a weak note with uncertainty still biting, alongside continuing lack of stock and affordability issues, according to the December 2018 UK Residential Market Survey. Key activity indicators continued to slip in December with sales volumes dwindling

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Jan
17

Nottingham to use data modelling to target ‘rogue’ landlords

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Nottingham council and its controversial selective licensing scheme, which our own Mick Roberts is battling, are to introduce a data modelling system targeting and prioritising unlicensed landlords to penalise.

With the chaotic, expensive, complicated, error ridden and heavy handed way selective licencing has been implemented in Nottingham any new system when the existing is far from developed is fraught with danger and concern for local landlords.

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