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Aug, 2015

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  1. Thread: Top 5 cities

    by Gordon999
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    25

    Top 5 cities

    The Metro free newspaper ( 29th Aug) reported the top 5 ciies are London, Reading ,Cambridge,Birmingham and Bristol.

    One in 90 is a millionaire due to rising property prices. Does that sound...
  2. The procedure is that all leaseholders should be...

    The procedure is that all leaseholders should be provided with a copy of the audited service charge accounts within 6 months from end of reporting period. The auditor would sign the accounts to...
  3. You should not trust the guide price given for...

    You should not trust the guide price given for property up for auction. Its only a guess. The market value must be estimated from other properties sold recently in same street.

    The lease...
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    The lease requires the tenant to pay for...

    The lease requires the tenant to pay for insurance and to pay the excess deduction . You could ask the tenant to pay one excess and you pay the second excess if you are willing to share the cost ?
  5. Make a proposal at next AGM for the freehold...

    Make a proposal at next AGM for the freehold company to extend the existing leases of all its members to 999 years at peppercorn ground rent . Its likely to be less per flat if done together. ...
  6. Yes . You should point out both have same...

    Yes . You should point out both have same performance but different finish and what is the the cost of eachdoor to supply and fit.

    You can point out which type will suit or improve the building...
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    I suggest you send an enquiry to some mortgage...

    I suggest you send an enquiry to some mortgage lenders to ask their criteria for loans to " ltd company". Send enquiry to say : Nat -West , Bank of Scotland , Paragon and The Mortgage Works. ...
  8. Don't make any claim for expenses if you don't...

    Don't make any claim for expenses if you don't have a receipt as proof of the expenses. If you are going travelling for 12 months on unpaid leave , then your annual Personal Allowance at £10,600 ...
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    I remember the Land Registry were hit by...

    I remember the Land Registry were hit by fraudulent property transfers a few years ago and had to compensate the real owners for their losses. The Land Registry now requires each side's ...
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    Do you have any Printed Summary or Minutes of ...

    Do you have any Printed Summary or Minutes of Meeting from AGM which can be quoted if you want to refere to what was agreed 3 years ago ?
  11. Your conveancing solicitor would have informed...

    Your conveancing solicitor would have informed you before asking you to sign the sale contract.
  12. One house and umpteen tenants makes it an...

    One house and umpteen tenants makes it an unlicensed HMO ?
  13. Planned strike suspended due to on going...

    Planned strike suspended due to on going negotiation and re-scheduled for 8th and 10th September
  14. London tube workers taking double break.

    If you are planning a visit to Londonl this week , then be aware the tube workers are on 24 hour strike starting tuesday evening and thursday evening and you can forget about travel in London on the...
  15. The London Evening Standard ( issue Friday 14 Aug...

    The London Evening Standard ( issue Friday 14 Aug 2015 ) reported raids by inspectors from Barking and Dagenham Council ; this report was headed " Rogue Landlord House raids finding almost...
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    These links may help you : ...

    These links may help you :

    http://www.legislation.gov.uk/nia/2001/5/contents

    http://forums.moneysavingexpert.com/showthread.php?t=1666949
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    What is the average rental yield for buy to lets...

    What is the average rental yield for buy to lets in Germany ? and whats the tax rate on rental income ? 20% or 40% ? whats the Capital gains tax ?
  18. If your question is about possibility of claims...

    If your question is about possibility of claims under insurance, you should re- post in insurance section where ther is more expertise..
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    Residential property will pay a share of the ...

    Residential property will pay a share of the insurance premium , the correct cost being what is the cost of the policy premium including IPT . Make a complaint to HMRC that you are being charged...
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    You have a rental income of £110K and a bank...

    You have a rental income of £110K and a bank loan of £ 100K and required to repay £9240 over 15 years.

    If you are able to take a large loan on the same terms as the existing 100K bank loan, ...
  21. As you are still living in your property ( still ...

    As you are still living in your property ( still resident here ) , you can claim tax exemption for the past 5 years up to 18 months from date of moving out.

    After you move abroad and...
  22. Replies
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    The free guide to statutory lease extension can...

    The free guide to statutory lease extension can be downloaded from www.lease-advice.org ( Leasehold Advisory Service )

    You can use their calculator to give you a rough cost for lease...
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    You say "the lease mentions the service charge...

    You say "the lease mentions the service charge but it has never been collected". The developer's legal dept says " lessee responsible for the management function" . Does the wording in the lease...
  24. I suggest you report this matter to (1) the...

    I suggest you report this matter to (1) the police station as fraud as the you have evidence of fake invoice (2) local trading Standards office ( 3 ) enter a claim in the Small Claims Court (...
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    Even pure driven snow gets contaminated in time...

    Even pure driven snow gets contaminated in time and banks under complacent directors , seem to have great capacity to ignore the risk problems of short term borrowing to supply long term lending ...
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