Freezing housing market looking negative or flat – RICS

admin    Uncategorized     agents

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

The post Freezing housing market looking negative or flat – RICS appeared first on Property118.

View Full Article: Freezing housing market looking negative or flat – RICS

Nottingham to use data modelling to target ‘rogue’ landlords

admin    Uncategorized     agents

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.

The post Nottingham to use data modelling to target ‘rogue’ landlords appeared first on Property118.

View Full Article: Nottingham to use data modelling to target ‘rogue’ landlords

Your Invitation to Brentwood Property Investment Seminar 20th Feb

admin    Uncategorized     agents

We are delighted to be holding our next Property Investment Seminar on Wednesday 20th February 2019 in Brentwood, Essex. We would really love to have you join us!

The seminar will be presented by one of the Directors of PIP

The post Your Invitation to Brentwood Property Investment Seminar 20th Feb appeared first on Property118.

View Full Article: Your Invitation to Brentwood Property Investment Seminar 20th Feb

BEST PRACTICE – letter template to go with eviction notices

admin    Uncategorized     agents

Did you know that legislation exists to ensure that tenants are treated by Council’s as being at risk of homelessness when a valid Section 21 notice is served, NOT when a court order is made, and certainly before bailiffs are appointed?

The post BEST PRACTICE – letter template to go with eviction notices appeared first on Property118.

View Full Article: BEST PRACTICE – letter template to go with eviction notices

Access after section 8/abandonment

admin    Uncategorized     agents

Hi, My tenant stopped paying rent and didn’t respond when I chased this. I served both a s8 notice and a s21 notice. The s8 notice period passed. The tenant then confirmed that she would pay but subsequently didn’t.

The tenant then said that she would leave within two weeks and clear the arrears.

The post Access after section 8/abandonment appeared first on Property118.

View Full Article: Access after section 8/abandonment

Brexit uncertainty good news for landlords??

admin    Uncategorized     agents

HOMELET, the country’s leading tenant referencing and specialist insurance provider, holds the UK’s largest and most up-to-date pool of data on agreed rental price trends, based on newly agreed tenancies. Chief executive Martin Totty sets out his views on what Brexit – deal or no-deal may mean for the private rental sector.

The post Brexit uncertainty good news for landlords?? appeared first on Property118.

View Full Article: Brexit uncertainty good news for landlords??

Escape the negative equity trap through Mediation!

admin    Uncategorized     agents

If you are trapped in Negative equity and need to find a solution we advocate Mediation as we believe that this is the best option not only for the clients, but also for the banks as this process saves all parties time money and distress.

The post Escape the negative equity trap through Mediation! appeared first on Property118.

View Full Article: Escape the negative equity trap through Mediation!

Is Class 4 NIC due on a UK property tax return?

admin    Uncategorized     agents

Completing a self assessment tax return for filing this January with only the UK Property page, no employment, no self employment. The summary tax calculation is now including Class 4 NICs at 9% of the profit on the tax calculation summary page.

The post Is Class 4 NIC due on a UK property tax return? appeared first on Property118.

View Full Article: Is Class 4 NIC due on a UK property tax return?

£2.4m for government crackdown on irresposible landlords

admin    Uncategorized     agents

More than 50 councils across the country will share nearly £2.4 million of extra funding to crack down on rogue landlords, Housing Minister Heather Wheeler has announced in the government press release below:

Whilst the majority of landlords provide decent homes for their tenants

The post £2.4m for government crackdown on irresposible landlords appeared first on Property118.

View Full Article: £2.4m for government crackdown on irresposible landlords

Only £100 compensation offered by Redress scheme?

admin    Uncategorized     agents

I have let my flat via a London letting agent. They produced a very good Reference Report on a tenant through a Referencing Agent. The tenant paid for 6 months and then lost employment and hasn’t paid since.

We are taking the tenant to possession Court shortly.

The post Only £100 compensation offered by Redress scheme? appeared first on Property118.

View Full Article: Only £100 compensation offered by Redress scheme?