NWPOA

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:: MEMBERS MEETING / AGM/ INFORMATION DAY ::
NWPOA MEMBERS MEETING and AGM
Wednesday 30th June 2010 7.00pm:9.00pm
Quaker Meeting House
22 School Lane (off Hanover Street)
Liverpool L1 3BT
Agenda
1. NWPOA Accounts
2. Election of NWPOA Committee
3. Following the new Government’s budget:
Guest Speaker: John Garrett – Accountant
· Rental income and allowable expenses
· Taxation of rental properties and why and how it is treated differently from other sources of income
· Disposals and tax planning
· Budget changes

Doors open 6.30pm.
Tea and Coffee available from 6.45pm

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Members Insurance Facility
Many of your property insurance policies will fall due for renewal at the end of the month.
Our broker, Inspire Risk Management has negotiated rates with insurers that, depending on the make up and size of your portfolio and the excess you take, can be as low as £1.00/£1,000 on residential properties and £1.20/£1,000 of buildings sum insured on small commercial properties.
Our rates have never been lower and are significantly more competitive than previous schemes we have negotiated.
Our broker, Paul Corcoran has spoken to a number of you and he will get back to each and every one of you who contacts him for a quotation. He will also meet with you if you have a complex portfolio.
We urge you to contact him over the coming weeks and save yourselves some money. Call him on his mobile number today. Contact details are as follows:
Paul A Corcoran Dip CIl; Associate Partner
Inspire Risk Management Limited
Suite 14, St Helens Chamber,Off Chalon Way,
Salisbury Street, St Helens WA10 1FY
(t) 0845 074 0521 (f) 0845 074 0523
(e) paul@inspirerm.com
(m) 07979 500 393
(w) www.inspirerm.com

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NWPOA are holding a Landlords’ Information Day on Wednesday 7th July 2010
11.00 am to 3.00 pm at
The Friends Meeting House, School Lane, Liverpool L1 3BT
Do you have problems with
· Local Housing Allowance
· Property Fitness Standards
· Houses in Multiple Occupation
· Licensing
· Tenancy Deposit Legislation
· Council Tax
· Possession
·Or any other problem affecting landlords
A representative from Liverpool City Council Housing Benefits will give a short presentation about Local Housing Allowance. There will be time for questions.
NWPOA will be available to answer your questions or queries and offer advice.
There will be short presentations on the subjects listed above.
Numbers are limited, so in order to reserve a place, please complete the attached slip and return it to us as soon as possible. This invitation is open to all landlords and managing agents whether members of the association or not.

This event is sponsored by Liverpool City Council

Refreshments are free.

Places are limited, to reserve your place please contact Northwest Property Owners admin office on 0845 456 1659
:: Added by Admin on: 18:06:10 ::

:: Private Rented Sector Forum ::
25th November 2009. 5.00 - 7.30 PM

Lace Conference Centre
Croxteth Drive
Sefton Park
Liverpool L17 1AA

0151 522 1002
:: Added by Admin on: 20:11:09 ::

:: Local Housing Allowance ::
Local Housing Allowance
Recently, the NWPOA conducted a survey of our members, regarding the losses which many of you had incurred as a result of the inadequacies of the Local Housing Allowance system.
We had an excellent response and we would like to thank all members who filled in and returned the questionnaires.
The results confirmed that a substantial amount of benefit is being claimed by tenants, but not being paid on to landlords as rent. In our area alone, our members lost over £110,000 in one year.
Members can be assured that we are using this information to good effect. We are the only landlords association in the country who has produced a detailed survey. On the strength of this, the British Property Federation will be using our data to compile a national press release, which will be issued this week, highlighting the losses being incurred by landlords.
There is growing pressure on the government to make drastic amendments to the system – not least to give tenants the choice to have the allowance paid direct to their landlord.
We will continue to publicise the problems created by the LHA system. There will be more news in our next newsletter.
Landlords Discontent over Registration Proposals
We included news of government proposals to licence all landlords, to create a public register of names and addresses of all rented properties in our last newsletter.
We have since met with the British Property Federation and other landlords associations. It is the view of most that creating such a database will probably benefit HM revenue rather than raise standards in rented properties.
This will be reflected in our reply to the government consultation.

Landlords face liability for tenants’ unpaid water bills under government proposal

Residential landlords could be made liable for unpaid water bills left by departing tenants under a government review of water charges. The proposals to make landlords liable for water bills at their properties have been drawn up by Ofwat. A spokesman said: “The occupier will always be the first person liable, but, as things stand, there is no incentive for the landlord to tell the water company who the occupier is and without this information the water company cannot bill anyone.”
The new rules, which would require primary legislation, would give landlords an incentive to provide details of the tenant or face paying an outstanding bill themselves.
The interim report of the Review will be published in a week’s time and essentially will contain three propositions that could impact on landlords, which would all require primary legislation to introduce….

i. To make it a legal requirement to identify the bill payer.
ii. To introduce the same liability tests for water rates as currently apply for council tax.
iii. To make it compulsory to charge the owner of the property for water in circumstances where accommodation is shared, predominantly in our sector that would be aimed at HMOs.

The water industry’s trade association has agreed to meet with landlords representatives to discuss these issues. This news has reached us from the British Property Federation and they tell us that if the Government did decide to act the Queen’s Speech is likely to contain a Flood and Water Bill, and so there would be the opportunity for them to tag something on to that.
million.
:: Added by Lynn SMith on: 02:07:09 ::

:: Members Meeting ::
Forthcoming events:

:: Members Meeting :: Thursday 17:04:08 at 18:30 ::
Venue: Quaker Meeting House, 22 School Lane (off Hanover Street), Liverpool, L1 3BT
:: Full Details: John Jeps, Senior Tax Partner in John Jepps LLP -will give a presentation about Tax issues, in particular, new Capital Gains Tax rules and Tax mitigation.

There will also be up to date information on Local Housing Allowance, Licensing and other legislation.

Doors open 6.00pm
Tea and coffee served from 6.15pm
:: For more information please contact admin. 0845 456 1659
:: Added by nwpoa admin on: 15:04:08 ::

:: Members Meeting ::
Forthcoming events:

:: Members Meeting :: Thursday 17:04:08 at 18:30 ::
Venue: Quaker Meeting House, 22 School Lane (off Hanover Street), Liverpool, L1 3BT
:: Full Details: John Jeps, Senior Tax Partner in John Jepps LLP -will give a presentation about Tax issues, in particular, new Capital Gains Tax rules and Tax mitigation.

There will also be up to date information on Local Housing Allowance, Licensing and other legislation.

Doors open 6.00pm
Tea and coffee served from 6.15pm
:: For more information please contact admin. 0845 456 1659.
:: Added by nwpoa admin on: 15:04:08 ::

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