Tenant Fees Ban – Examples
Our article “Ban on Lettings Fees to commence June 1st” (click here) created a great deal of discussion in the comments section and in-depth detail on what will and won’t be allowed and is worth catching up on along with the examples below.
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Service continued with barely a hiccup!
Steve Harriott, Chief Executive Officer at Tenancy Deposit Scheme (TDS), discusses the serious fire at the company’s head-office, and how meticulous planning and a strong team meant that the service continued with barely a hiccup.
(Pic right –
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Not all doom and gloom – Rightmove visits up 5%
Rightmove have reported a small increase of 0.4% in the price of properties coming onto the market in January 2019 compared to a 1.4% drop in December. There was also a significant 5% rise in the number of searches for property on the website this month so far with an average of around 4.5m visits per day.
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Coventry Selective Licensing being rushed through?
Please see below email I have received from Coventry City Council regarding a Selective Licensing scheme (not that selective) which is being rushed through with very little publicity to date. Some of the facts and figures used to justify the scheme do not at first glance at least ring true!
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Section24 and SDLT hitting tenants – RLA
Data released by the Royal Institution of Chartered Surveyors, click here, warns that whilst demand for rented housing from tenants “held more or less stead for the third month running�, the number of landlord instructions “declined once again
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Will you pay tax on your finance costs this year?
If you are due to pay tax on your finance costs by 31st January 2019 I have some very bad news for you, and some potentially very good news.
I will begin with the bad news.
Unless you make some changes
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Make Landlording Great Again
Eddie Hooker, CEO of award winning Hamilton Fraser Total Landlord Insurance and Paul Shamplina, Founder of Landlord Action and Brand Ambassador at Hamilton Fraser, are back for a new year property podcast. The podcast is part of a series and features episodes offering practical tips for landlords and letting agents on how to better manage the renting process and navigate the property industry.
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Social landlord generates £2bn for Scottish economy
So they are building Social Housing somewhere in the country.
The complete transformation of social housing in Scotland’s largest city under Glasgow Housing Association (GHA) has boosted the Scottish economy by £2 billion and supported thousands of jobs
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Selling property without paying CGT
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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Evicting an intermitant paying tenant now on SPT?
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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