Service Charge Arrears from previous owner?
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Does anyone know whether unpaid service charges fall to a new owner? My solicitor says I should not have to pay the previous owners service charges because there was no way knowing these were outstanding. Whatever the reason I need to know whether I am on the hook, or whether I should resist demands for… Read more
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RLA tells the Treasury ‘look at the whole picture’
The RLA is challenging the Government on the way landlords are taxed in its Autumn Statement 2016 submission – asking for greater support for the PRS. The association has asked the Treasury to look at the issue of housing as a whole, rather than concentrating all its efforts on home ownership. PRS landlords are providing […]
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How to get deposit returned after agency has been liquidated?
I seek suggestions on how to get a rental deposit returned after the agency has been liquidated. My letting agency often delayed rental payments for months and always had to be chased to hand over the rental income so I moved the letting to another agency. This transfer happened 5 years ago and at the… Read more
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Housing Minister in talks with RLA Chairman
Housing Minister Gavin Barwell has talked to the RLA about the association’s vision for nationwide co-regulation. An outspoken critic of large-scale licensing schemes, the Minister listened with interest to the RLA’s proposals in a one-on-one meeting with RLA chairman Alan Ward. Co-regulation is being put forward as an alternative to selective licensing – and would […]
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Tenant to appeal in repossession case
The RLA could intervene for a second time in a high profile repossession case that could have far reaching implications for the PRS. In the case of McDonald v McDonald receivers acting for a bank repossessed a property from a defaulting private sector landlord using a section 21 notice served on the landlords behalf in […]
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One tenant wants to quit the other three don’t
I currently have a tenant who shares a property with three other people, four in total on a single tenancy agreement and the tenancy is currently periodic One of the tenants wishes to leave and has served notice on the whole property. As the tenancy is periodic I know they can do that. My questions… Read more
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Metal Theft from Vacant Property is Growing
The total cost of metal theft to the UK economy has been estimated to be around £770 million a year, that’s according to reports from the Association of British Insurers, and its insurer members are paying out more than £1 million every week in insurance claims from property owners. According to reports from Property Insurance […]
… LandlordZONE.
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Will marriage cost me a lump of my pension investment?
I have owned a house for 24 years. For the last 10 years I have been renting it out and living in my long term partner’s home. We have decided to get married for reasons of next of kin responsibilities, inheritance, and transfer of pensions in the event of one of us dying. If I… Read more
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Home ownership difficult around the world
With asset values around the world having been pushed up by a combination of ultra-low interest rates and quantitative easing, it is increasingly difficult for young people everywhere to get a foot on the housing ladder. The UK, Canada, the US, Australia and New Zealand; it’s the same story. According to a recent Australian Financial […]
… LandlordZONE.
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Selling our BTL properties and company?
We have 4 properties let out in our Ltd company and 5 properties in our private name. We are looking to exit the whole BTL business and move on. We are looking to sell our company as a whole and the other properties as the mortgages come to an end. Could you give any advice… Read more
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- 17) Why selling a mature property portfolio is rarely the obvious solution it first appears to be
