Renters (Reform) Bill passes its second reading without a vote

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The Renters (Reform) Bill passed its second reading on Monday without a vote which means that the proposal to scrap Section 21 of the Housing Act 1988, which allows landlords to evict tenants without giving a reason, is a step nearer.

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Renters (Reform) Bill: The countdown to a PRS disaster has started

admin    Uncategorized     agents

I thought it was too good to be true that the Renters (Reform) Bill would not make it through this Parliament.

And, sure enough, Dishy Rishi didn’t let me down.

At the last minute, as he was no doubt deciding which laws would make it into the King’s Speech

View Full Article: Renters (Reform) Bill: The countdown to a PRS disaster has started

Chased by a utility company?

admin    Uncategorized     agents

Hello, cutting a long story short. Out of the blue, I received an unexpected electricity bill from Scottish Power for £1233 (interest and debt costs added) going back over 4 years in relation to a commercial property I rented out.

View Full Article: Chased by a utility company?

Landlord Tory MPs set to rebel against ‘no-fault’ eviction ban

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Some Conservative MPs who are landlords have threatened to vote against the Government’s Renters (Reform) Bill, which would ban Section 21 ‘no-fault’ evictions of tenants, the Telegraph has revealed.

The rebels claim that the policy is ‘unconservative’

View Full Article: Landlord Tory MPs set to rebel against ‘no-fault’ eviction ban

Cladding: Deed of Certificate – Five Day Rule?

admin    Uncategorized     agents

Hello, I’m a landlord and I have 5 buy-to-let properties in England. I don’t live in any of these. Some of the BTLs are affected by cladding in the same building. The properties were purchased over 6 years ago.

Correct me

View Full Article: Cladding: Deed of Certificate – Five Day Rule?

Gazundering on the rise as homebuyers gain power in a cooling market

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Homebuyers are increasingly using a tactic called gazundering to secure a lower price for their property purchase, according to Google search data.

Gazundering is when a buyer reduces their offer at a late stage of negotiations, hoping to pressure the seller into accepting less money.

View Full Article: Gazundering on the rise as homebuyers gain power in a cooling market

Retirement, business continuity, succession and legacy planning

admin    Uncategorized     agents

Are you ready to embark on a journey that not only secures your property rental business but also your future? Retirement, business continuity, succession, and legacy planning are the four pillars that support your dreams and aspirations. Recent changes in the tax landscape have added complexity to these considerations

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Why Dan Neidle is wrong about incorporation relief

admin    Uncategorized     agents

Yesterday’s article invited Dan Neidle to withdraw his allegations and apologise in accordance with his promise to do so if we had ‘disclosed the scheme in full to HMRC and HMRC said it was fine’. We have done exactly that

View Full Article: Why Dan Neidle is wrong about incorporation relief

AccountingWEB are the latest to delete evidence

admin    Uncategorized     agents

Following the article I published yesterday there have been more strange goings on. This time it’s the deletion of discussion threads on the AccountingWEB website dating back to 2018.

The evidence was available up until 19th October 2030 via this link https://www.accountingweb.co.uk/any-answers/esc-d32-what-does-liabilities-tak which has now been deleted.

View Full Article: AccountingWEB are the latest to delete evidence

MPs urged to bring confidence to landlords with Renters (Reform) Bill’s second reading

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The slow progress of the Renters (Reform) Bill has created confusion and made landlords worry about the prospects of the private rented sector (PRS) but MPs can bring some confidence, one organisation hopes.

The Bill was first unveiled in the Conservative’s 2019 election manifesto and a second reading of the Bill will be on Monday (23rd October).

View Full Article: MPs urged to bring confidence to landlords with Renters (Reform) Bill’s second reading