Seething Landlord

Yes, I believe that's right but the way in which it works in practice seems quite complex.... Read More

If contemplating gifting large amounts, be aware that anything more than £325,000 within a 7 year period will be a chargeable lifetime transfer and generate an immediate liability to IHT at the rate of 20% or 25%.... Read More

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"With no resistance." Have you forgotten the (unsuccessful) application for judicial review of S24 and the endless campaigns since then?

"What is the point of the NLA ?" You probably mean the NRLA. Your frustration would be better directed at Government.

The NRLA, with membership of only 100,000 out of 2.5 million landlords is punching above its weight but recognises that politics is the art of the possible and in the end the elected Government will have its way.... Read More

The taper only applies to gifts made in excess of the nil rate band, not to the whole amount, so is only of benefit if gifts of more than £325,000 have been made in the 7 years prior to death.... Read More

Absolutely, no point changing anything until we know the exact criteria by which properties will be assessed. The previous government seemed to have finally recognised this but with the new, blinkered ideologues in power we are back to square one.... Read More

Will they what?... Read More

Correct, which negates many of the points made. Tenants will have the whip hand when it comes to rent increases and delays in repairs. Faceless corporations will be under the same pressures and subject to the same sanctions as private landlords.... Read More

What's happened to the anticipated root and branch review of the EPC rating parameters? The system is no more fit for purpose now than when the previous government recognised its absurdities and kicked the plan into the long grass.... Read More

At the risk of massive oversimplification, it is my understanding that HMRC are not challenging the validity of incorporation per se but of the technicalities purporting to achieve:
1: incorporation relief from CGT
2: relief from SDLT
3: conversion of equity in the properties to a director's loan... Read More

Sorry, I am not familiar with the nuts and bolts of HMO management and tenancy agreements but in circumstances where it is not appropriate for the tenant to pay council tax direct to the billing authority I imagine that landlords should treat it in the same way as any other overhead cost and adjust the rent accordingly.... Read More

You have misread the Act. The schedule lists the categories of payment that a tenant can be required to make. If you read the whole of the schedule you will realise that your interpretation makes no sense. Paragraph 8 simply means that a requirement for the tenant to pay council tax to the billing authority (not to the landlord) is permitted.... Read More

In this case it is a payment to the landlord, not to the billing authority.... Read More

It's all smoke and mirrors. S21 is not and never has been the cause of homelessness but to admit that does not suit the agenda of the propagandists.... Read More

All property that sells is "affordable", except in the eyes of politicians who have invented their own definition that denies reality.

What is lacking is low cost housing, which can only be provided when heavily subsidised by local or national Government i.e. the taxpayer.... Read More

Why do you think that a guarantor cannot be required?... Read More

That is an example of abuse of the system by the tenant, which will be addressed in one of the new S8 grounds unless the opposition get it struck out. You could however have proceeded under the current ground 10(?) if there were persistent delays in payment, although that is a discretionary ground so S21 was probably the better choice.... Read More

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S21 is good law, used badly (by landlords) who have consistently abused the process rather than use S8 when there are valid grounds.... Read More

It's not "just information". It would be an unsubstantiated public allegation which the tenant would have no opportunity to challenge.

The idea is nonsensical.... Read More