Student houses and the abolition of section 21

[JamesHopeful]

It occurs to me that the abolition of section 21 could cause major problems for student landlords.

I had assumed that student houses would definitely be exempt, but I have looked up how it now works in Scotland as a precedent and it transpires only purpose-built student accommodation is...

[JamesHopeful]

The vast majority of people would just start letting it as soon as they've applied for the licence without bothering to formally check, but if you want confirmation that that's OK you will need to get an answer from the council....

[JamesHopeful]

1. You can submit the application as soon as you have the information which is needed for you to do so. However, councils will often require items like electricity and gas certificates, EPC, etc. to be appended to your application, which will only be available towards the end of a major refurbishment...

[JamesHopeful]

I have racked up similarly-sized carried over losses myself. In my case, it's been because I've undertaken a couple of top-to-bottom refurbishments each year for several years on the trot (and before anyone says it, yes I did consider very carefully which elements of the refurbishment expenditure were...

[JamesHopeful]

Most landlords with rental receipts totalling less than £150,000 do of course now account on the cash basis....