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James Brokenshire is new Housing and Communities Secretary

In the never ending game of pass the housing parcel, James Brokenshire has been announced as the government’s new Secretary of State for Housing, Communities and Local Government.
This follows Amber Rudd’s resignation as Home Secretary and her replacement being the previous Housing and Communities Secretary
The post James Brokenshire is new Housing and Communities Secretary appeared first on Property118.

Windrush Right to Rent Government update

In a knee-jerk response to the Windrush scandal the government has posted new Right to Rent guidance for Landlords and Letting agents below:
Landlords: guidance on right to rent checks on undocumented Commonwealth citizens – Updated 25 April 2018
This information is for landlords wishing to rent private residential property in England to Commonwealth citizens (known as ‘Windrush’ cases) who are long-term residents of the UK but do not have documents to demonstrate their status.

Far Infrared heating panels – if only EPC rules were logical

With the new EPC regulations requiring properties to be rated E or above there is a need for the the formulas used by EPC assessors to change regarding the use of Far Infrared heating. At the moment these panels are regarded the same as ordinary electric panels even though they are much more effective and more importantly more efficient in comfort level heating.

Two Air Bricks cost me over £4000!

I am the leaseholder of a converted house (2 flats ) where the freeholder lives beneath my property. The clause in the lease states we each pay for 50% of the repairs to the whole property.
I discovered damp in my property back in 2015 (large water stained area in my lounge where the chimney breast was) and spent over a year getting the freeholders to agree to pay 50% of the cost of repairs to resolve this.

How much money could a mixed partnership save you?

Mixed partnership can be tax efficient for landlords who already pay higher rate tax, or will do so as a result of restrictions on finance cost relief.
Consider a mixed partnership if:-

  1. you are currently a sole owner
  2. incorporation isn’t immediately viable for you
  3. you manage your own properties

The post How much money could a mixed partnership save you? appeared first on Property118.