Browsing all articles from February, 2019
Feb
27

Stamp Duty 15 properties or more?

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If you have 15 or more properties do you pay the normal rate of Stamp Duty or is it the higher rate with the 3% surcharge?

When the changes regarding Stamp Duty were first being discuss it was mentioned that if you had 15 properties or more you would only pay the basic rate of Stamp Duty?

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Feb
26

Bad Tenants Database

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I’m only aware of one bad tenants database and I would like to know whether there are any others?

http://www.landlordreferencing.co.uk is the bad tenants database I have used in the past, but bad tenants names rarely appear when it is searched.

The post Bad Tenants Database appeared first on Property118.

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Feb
26

Be a guest of Mark Smith (Barrister-At-Law) –

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Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be presenting an overview of several landlords tax strategies at the pin Clapham Meeting property networking event Tuesday 5th March 2019.

The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith that have not previously attended a pin meeting.

The post Be a guest of Mark Smith (Barrister-At-Law) – appeared first on Property118.

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Feb
26

The Mortgage Misery that could affect over 1.5m UK Households

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It has recently been reported that according to the Financial Conduct Authority (FCA), there are 1.67 million homeowners in the UK on some form of interest-only mortgage. That accounts for over 17% of all borrowers.

Subsequently, many of these borrowers are at risk of not having enough money to pay off their loans when they mature.

The post The Mortgage Misery that could affect over 1.5m UK Households appeared first on Property118.

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Feb
26

Name discrepancy between referencing and ID?

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A potential tenant has passed referencing, but the referencing process has flagged up a discrepancy in the name on their documents.

The applicant has given the name Wilkinson which was used to pass referencing. However the name on the passport and driving licence is showing Wilkison!

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Feb
26

Urgent action required – MoJ Enforcement of Possession orders consultation

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The newly formed National Landlords Alliance has submitted proposals to the ministry of Justice concerning possession procedures.

From the moment we set up, we identified the problems being faced by landlords when attempting to recover possession of properties

The post Urgent action required – MoJ Enforcement of Possession orders consultation appeared first on Property118.

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Feb
26

Email to Prime Minister et al

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I sent the following email to the Prime Minister et al and would welcome comments from members:

Dear Prime Minister, Leader of HM’s Opposition, Chancellor and Shadow, Housing Ministers and Shadow, Mayor and Hon MPs,

As a single HMO-property landlord in Brent

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Feb
25

BTL product choice post Credit Crunch high at 2,162

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While the tax and rule changes imposed on the Buy to Let (BTL) sector over the last few years have heightened the pressures felt by landlords and even forced some from the market altogether. Research from Moneyfacts.co.uk shows that the number of BTL products currently available is at a post financial crisis high.

The post BTL product choice post Credit Crunch high at 2,162 appeared first on Property118.

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Feb
25

Gold and Silver but all Red tape!

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Southwark Council are proposing with a consultation to rate Private Sector landlords by a grading of ‘Gold’ and ‘Silver’ standard.

There are three sets of criteria to both standards comprising the landlord themselves, the standard of the property and the tenancies they offer.

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Feb
25

It’s always me me me!

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Further to an earlier post of mine (Click here: I know where the tenant has gone, can I use the info?) asking about tracking down tenants and followed by the disappointment that ‘winning’ brings. I am now trying to get the money that is owed.

The post It’s always me me me! appeared first on Property118.

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