State Bank of India reduces rates on post BICT incorporation BTL products

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We have had a very positive meeting with State Bank of India yesterday who are one of the lenders who can do post BICT incorporation refinancing and their product offering is soon to become even more competitive in the wider BTL market.

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Short term lets an option?

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Am I able to offer short term lets to allow me more flexibility and the ability to offer those who may have not got the best of credit histories or are agency workers etc a chance to rent a room in an HMO?

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The best solution to resolve a Negative Equity issue

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In 2011, GDP Equity Experts was established to offer a mediation service for those people who found themselves in serious trouble with banks and financial institutions over property debt.

We are now into 2019 and the global financial crisis that began in 2007 continues to wreak havoc amongst homeowners and businesses across both the UK and Ireland with no end in sight.

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Frustrated by different advice given for taking possession?

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In brief, a section 21 notice was given to the tenant which expired without her leaving. A possession order was granted from the court and this expired 25/1/19.

I went to the property and she’d left all apart from odd bits and rubbish.

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PRS should cooperate to raise standards – Kate Faulkner

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Kate Faulkner believes that the private rented sector (PRS) has to band together to ensure tenants and landlords are fully aware of their rights and responsibilities.

Kate, who runs Propertychecklists.com and consultancy, Designs on Property, called for cohesion between sections of the industry in a report commissioned by the TDS Charitable Foundation;

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Be a free guest of Mark Smith (Barrister-At-Law) – Belfast pin 5th Feb

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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 Belfast Meeting property networking event Tuesday 5th February 2019.

The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith.

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RLA response to Khan’s rent controls

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London Mayor Sadiq Khan, has once again pledged to fight for rent controls in the capital – with the campaign set to be a key part of his bid for re-election next year. The mayor does not have the power to introduce such controls within his remit

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No shower – It’s a dirty job?

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My new tenant of 5 weeks in my refurbished buy to let says I must fit an electric shower for him because he has a dirty job.

I recently put a new bath and taps in the house prior to him moving in.

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Do landlords expect too much from their accountants?

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You wouldn’t expect your family Doctor to perform major surgery on you, so why do most landlords expect their accountants to provide tax planning advice and recommend the optimal structure for their business?

It is very rate for accountants to specialise in landlord taxation

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Statement from Tim Frome on behalf of Property Redress Scheme

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Dear Property118 members

The government have announced that landlord redress will be mandatory in the future and they will be authorising schemes to cover landlords. They are setting up a Redress Reform Working Group to look at the practicalities of implementation and we at the Property Redress Scheme will be members of this group.

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