Private Rented Sector Buy to Let Consultants
The government could view residential landlords moves to company structures (incorporating) as a tax avoidance ruse. The Covid19 event and media and government panic and the resulting massive economic damage that house arrest and two metres social distancing has caused will mean government will, more than ever, be looking at every possible avenue to raise taxes to pay for the […]
Read moreDon’t take a “mortgage holiday” if you can help it, says David Lawrenson of LettingFocus.com. When the virus panic started, around 2 million people, including landlords whose tenants were struggling, turned to their mortgage company to give them a 3 month holiday. They were given the clear impression that by doing this, there would be no impact on their credit […]
Read moreDavid Lawrenson of LettingFocus recalls Boris Johnson’s failure, as Mayor of London, to deliver on the London Rental Standard. It showed how he likes big targets and how he failed to reach them , very similar to his failure on Covid virus. Do you remember Boris Johnson’s “London Rental Standard “? If you are in London you might. This was […]
Read moreThe Coronavirus Pandemic, Control, Obsession and Buy to Let – A Personal Story This is a story which is about me. It is a story about control, a story which is about a bit of sickness, it is about coronavirus and it is about how you can learn about yourself. It is very different to most of my blogs on […]
Read moreOK, I’m forced into writing another post on the Coronavirus. This one looks at Coronavirus, the impact on a landlords credit file of taking a “mortgage holiday” and whether extensions or new landlord licensing schemes should go ahead. Coronavirus, landlords credit files and licensing About a month into the Coronapanic and I have had just one tenant contact me about […]
Read moreNotice Periods in Contractual and Periodic Assured Shorthold Tenancy In the current coronavirus environment where people are not supposed to be doing viewings, I suppose landlords would like it if, when their current tenants gave notice, the notice period was as long as possible, (as they won’t be re-letting any time soon and be facing a void). This brings me to […]
Read moreThe coronavirus is throwing up big issues for private landlords and the private rented sector. The main issue is the concern that tenants will lose their jobs and be unable to pay their rent. Consequently, many landlords will be anxiously checking their records to see what sort of work their tenants do as some sectors and some types of jobs […]
Read moreExtending a Lease and Marriage Value If you have owned a flat for more than two years, you are entitled to extend the lease for up to 90 years and any ground rent which you are paying now will reduce to zero. The new lease will replace the old one and no lender’s permission is needed. But there is a […]
Read moreThis article is about the bad or incompetent landlords who destroy their local communities by failing to properly look after their properties. I have a couple of properties in South Bermondsey in London. And the tale of how they have performed over the years is interesting. One is a two bedroom maisonette flat (with its own front door to the […]
Read moreThe government has started 2020 by showing it will not leave the private rented sector alone. The latest idea to be buzzing around Westminster concerns passporting of tenancy deposits. Passporting of Tenancy Deposits The government seems to be inclined to consider breaking up the way tenancy deposits are handled, in yet another move to continue to curry favour with tenants. […]
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