Dec
27

2016 in Review and Goals for 2017

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Thank you all for your support this year, 2016 has been a good one us. My wife and I emigrated to Malta, visited the UK and Rome and we are now in Russia celebrating a white Christmas. Above anything else we enjoy spending time with our family and sharing the good life with them, and this… Read more

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Dec
27

What to do when your sole trader letting agent dies?

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I’m a landlord of two houses. I use an agent to manage them. He is a sole trader and really the business is him. He was a terrific man and sadly he died last week. I spoke with his widow when the rent for one of the houses didn’t come to me. She explained about… Read more

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Dec
23

Manchester City Council announces Selective Licensing Scheme

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Having previously abandoned selective licensing citing it as ineffective, Manchester City Council is planning to introduce a selective licensing scheme. The scheme will effect twenty-three streets within the Crumpsall Ward and in total 400 private rented sector houses. Due to come into force on 13 March 2017 and having effect until 12 March 2022. The […]

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Dec
23

Landlords show fighting spirit

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Bah humbug said Scrooge – and so might I. Politics is a strange world, and the year’s events (Trump, Brexit and elsewhere in Europe) are topsy-turvy. But I still find it strange that Britain’s best and most effective form of housing provision is coming under such consistent attack. Should I depress you with a blow-by-blow […]

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Dec
23

Stamp Duty revenue increase to be used in areas with highest numbers of second homes

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Stamp Duty Land Tax (SDLT) revenue has increased by 12% to £7.7bn for the first eight months of the 2016-17 financial year compared to the previous year despite a 9.9% decrease in the number of property sales. Purchase transactions for this period April to November 2016 fell from 868,000 last year to 782,000 this year…. Read more

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Dec
23

Left my tax return on my yacht; it caught fire…

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Self-Assessment: As we prepare for Christmas parties and merriment, perhaps the last thing on our minds is tax, the dreaded annual tax return, which is likely to be quarterly soon, but the January 31st tax deadline looms. If you haven’t already done your book keeping, and have all your information together, either to do the […]

LandlordZONE.

View Full Article: Left my tax return on my yacht; it caught fire…

Dec
22

Housing Minister Gavin Barwell raises concerns over the UK Leaehold system

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Gavin Barwell was speaking at a debate on the Leasehold and Commonhold Reform Act of 2002 and said the leasehold system has widespread problems that need addressing and produced results of the National Leasehold Survey 2016, which showing 57% of leaseholders agreed with the statement “I regret purchasing a leasehold property”. Housing Minister Barwell went… Read more

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Dec
22

Landlord being repossessed and letting agency burying heads in the sand!

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So, the short of this is, my partners rented property is being repossessed. She passed on information that the mortgage was in arrears following a solicitors letter to the letting agent who told her ‘we will freeze payments to the owner, and investigate’. She heard nothing until last month when another letter came and informed… Read more

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Dec
22

Impossible to Get a Remortgage?

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Hi there. I have been renting a property out for the last 15months (having lived in it beforehand) and have really struggled to get a mortgage. Current Rent: 620/pw Current Mortgage: 417,000 Property Valuation: 650,000 Employment: Aug 2016 onwards (so 4months continuous employment) I have been told that the criteria is too low from so… Read more

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Dec
22

Belvoir offers winter security advice…

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Seasonal Security: This time of year, when the weather is cold, is peak season for break-ins whether your property is occupied or vacant. There’s also risks from freezing water pipes and floods, so landlords need to be watchful and prepare / educate their tenants as well. The experts at Belvoir give here seven simple steps […]

LandlordZONE.

View Full Article: Belvoir offers winter security advice…

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