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Peter's  Personal Profile View my company profile

Peter England
Peter England
PaTMa -Property and Tenant Manager - Advocate
1910  Profile Views

About Me

30 Years of experience as a Software Consultant for Oracle JD Edwards ERP product solution.
10 Years of experience as a Landlord


Email Peter.england@patma.co.uk
https://www.patma.co.uk/?ref=lovat
Tel: 0208 123 1473

my expertise in the industry

30 Years in Software Development.
10 Years in being a Landlord
4 Years of using PaTMa Property Manager. A great time-saving tool

Peter's Recent Activity

Peter England
Working with PaTMa Property Prospector Much research goes into finding the right property investment. PaTMa Property Prospector, works perfectly with Rightmove, that gave us exactly what we needed, and has significantly speeded up our research process." Whilst searching on price history, estimated rent, yield and ROI are right in front of you and nicely presented. One click drills down to show how the figures have been calculated, which is an important sanity check. I particularly like the heat map, which shows all the properties in the area, but when you zoom in it shows the yield brackets, such as 0 – 3%, 3%-5%. This allows us to identify properties closer to 10% yield which are the most attractive for our clients. To have this level of data at our fingertips frees up hours." Extra information also displayed as you search, such as if a property has returned to the market after several months is significant too and especially handy for when entering the negotiation stage.

From: Peter England 30 September 2023 11:46 AM

Peter England
A Heatpump at home currently has very little impact on the EPC calculation, and should only be installed for new build or property’s that have good insulation in the roof and walls. Grants are available this year for both insulation and heating systems but are subject to earnings and council tax bandings. Does the heatpump save you money compared to your gas boiler? (Not at the Moment) It might save you money compared to your Oil burner! Until we install more renewable energy (wind/solar/tidal/wave) the cost of electricity won’t come down. So my guess it’s not worth installing a heatpump in an existing property until 2035, unless you have your own Solar PV and your insulation is up to scratch!

From: Peter England 27 September 2023 09:17 AM

Peter England
I’m sure the EPC rules themselves will be changed before 2025 or 2028 to include heating systems like ASHP and GSHP. Hydrogen ready boilers should also play a part in calculating the rating. The EPC process is currently falling is so many area’s as the calculation is based on square meterage rather than actual energy consumption. An overhaul is well overdue before law changes for landlords are implemented.

From: Peter England 18 April 2023 08:06 AM

Peter England
Agree that this budget change is simply wrong and will probably redirect funds to the pension rather than invest in buy to let. What it will do is allow those service companies directors and small companies that own property to take out £60k a year from their companies income as a tax free payment into their pension fund, so will probably benefit many in the buy to let market. I really don’t understand why Hunt didn’t give this tax break to the NHS pension scheme (like judges)

From: Peter England 20 March 2023 08:21 AM

Peter England
Making Tax Digital is on the way and will change the way all landlords keep their accounts and account for their tax. In this article we will consider the issues landlords need to consider and also the benefits Making Tax Digital might offer. Making Tax Digital or MTD is all about moving taxpayers to digital records and digital tax returns. It will be mandatory for most landlords from 2024 but it is sensible to start planning for it now. Here’s more about What Is Making Tax Digital and What Does It Mean For Landlords? What are the disadvantages of Making Tax Digital? Making Tax Digital will be a shift change initially. You will need to change the way you do your accounts and account for your tax. You will have to use MTD compatible software to do your accounts and prepare the information for your tax returns. There will be an initial and ongoing cost for this (although some free basic MTD software packages are available). Paper accounting will not be possible. Spreadsheet-based accounting may still be possible but may not be ideal. If you currently use accounting software it may need to be upgraded. You will have to work digitally. Financial information will need to be submitted to HMRC directly from your accounting software. It cannot be simply ‘typed in’. Figures submitted to HMRC must be supported by an audit trail back to the original transaction. Your systems will need to support this. Your accounting processes will need to change from an annual (or perhaps irregular!) basis to a quarterly and annual one. MTD requires quarterly submissions of information as well as an annual one. It won’t be possible to leave doing your accounts until the end of the tax year. (Although no longer having a last minute rush/panic could be seen as an advantage!) MTD may expose errors or poor accounting practice which will need to be corrected. What are the advantages of Making Tax Digital? There are likely to be savings in time, money and effort with an MTD-based system. Figures will need to be entered once only. Everything will be calculated automatically for you. All you will need to do is check your figures and click to submit them quarterly/annually. You will be able to dispense with paper records and cumbersome spreadsheets if you wish to. The time saved on admin. and accounting can be used more productively. For example, you will have more time to spend on managing your properties or researching new investments. Your accounting and reporting should be more accurate. It will help avoid errors which take time to find and correct. You could potentially even save tax. For example, by ensuring all allowances are fully and correctly claimed. It could also save you having to pay penalties for making mistakes. There could be benefits from upgrading your accounting software to a new MTD compatible package. (This is particularly likely to be the case if you use outdated software, spreadsheets or partly/wholly paper systems.) You will be able take advantage of new tech. For example, Open Banking. Open Banking will make it possible for transactions to be automatically lifted from your bank statements and recorded in your accounts with no work needed on your part. Here’s more about How Open Banking Can Save Time, Money And Make Landlords More Efficient Making Tax Digital will have advantages for the Government too. A report from the National Audit Office suggests that an extra £2.9 billion revenue will be raised by 2027-28. While some may feel that Making Tax Digital provides an unwelcome burden for landlords it is important to recognise that it offers some benefits too. Landlords should be able to maximise those advantages and minimise any possible disadvantages by starting to plan for Making Tax Digital now. Now could be a very good time to explore what PaTMa Property Manager has to offer. Amongst its many other invaluable features PaTMa is a simple and time saving way to store your property accounts and generate your tax return figures automatically. PaTMa will be MTD ready in early 2022 so will be able to help make your transition to MTD easier. You can find out more about PaTMa Property Manager and take a free trial here. This article is intended to be a general explanation of Making Tax Digital and not financial or tax advice. If you have any specific concerns about how MTD will affect you or your business it is advisable to take advice from a financial adviser or accountant.

From: Peter England 03 August 2022 22:13 PM

Peter England
Like a fridge, I don’t think the ASHP compression works at all at zero, therefore the heat store will be heated by the element and there will be overhead consumption defrosting etc so you probably get a 95% conversion to heat. This will depend on the units you have installed.

From: Peter England 25 July 2022 10:18 AM

Peter England
Gas in homes is on the way out from the carbon prospective. New build boilers will be banned in 2025 and I expect existing boilers by 2028.-2030. We don’t have gas in street anyway, so it’s either Oil, or Gas tank or wood/coal. Cost of Gas will probably go up to 15p per kw and cost of electric will be over 50p per kw soon so yes it’s worth investing in your own Solar Power.

From: Peter England 24 July 2022 21:02 PM

Peter England
Without it we wouldn’t have any hot water or heating so it’s essential. ASHP don’t react quickly. I turned the heating down to 15 degrees last Christmas while we were away and the house took 3 days to get back to temperature. The underfloor operates at a lower temperature, so instant control habits have changed.

From: Peter England 24 July 2022 16:19 PM

Peter England
Our Solar cost 10k and the battery was 7.5k but I think that has jumped to 8.2k now. No roof strength required just scaffolding for the week. The DNO has restricted us to 9kw export but that’s not an issue. Octopus put a new smart meter in so we could get the Tesla Tariff which is 11.11p import and 11.11p export so summer generation balances winter consumption. My guess is that our bill will be credited £140 this July, we had £130 credited in June and £110 in May. The ASHP runs on a 16amp circuit same as an immersion heater.

From: Peter England 23 July 2022 15:04 PM

Peter England
The article doesn’t mention that with climate change now making a difference in UK, I would have thought that having reversible air conditioning installed is the way forward. That means it would heat the house in winter and cool the house in Summer, but you need to heat hot water by another solution. So I could see that this would add to the value of house, rather than a EV charging point or ASHP. Remember that a ASHP only works effectively on a 3:1 ratio when there is enough warm air to take the heat out of, so when temperature drops below 5 degrees outside the ASHP is working on a 1:1 ratio and with electric prices at 30p a kwh then its an expensive option to heat your home. ASHP also work at 50 degree’s rather than 60 degrees for a gas boiler, so it takes long to get rooms up to 21degrees or more. I’ve heard fan assisted radiators are now available, but they will increase your costs. Solar PV with batteries or a Heat Battery/duplex storage heaters is a possible solution to reduce your bills, but you need to put as much solar on the roof as possible, to generate enough in the winter months to make a difference. Our Solar array of 12kwp and a 13.5 kw tesla battery gives us a net zero bill over the entire year, but we do have a a south facing roof and ASHP.

From: Peter England 23 July 2022 13:47 PM

Peter England
Where are the solar panels fitted?

From: Peter England 31 May 2022 09:08 AM

Peter England
What and let the government loose out on the additional 3% stamp duty charge that is made on second homes. I realise there a housing shortage, but shouldn’t the government be encouraging the building industry to construct more cheaper sustainable housing which are better insulated, rather than stopping landlords do what they do best, which is investing in property.

From: Peter England 04 January 2022 14:11 PM

Peter England
Great idea from Lloyds bank in my book. Does anyone have a Lloyds bank contact who is dealing with the property management. I expect they will need a 1st Class property management system and I would love to talk to them about PaTMa. As for competing as a Landlord then that's also fine with me. I'm sure their overheads will be a lot higher than mine.

From: Peter England 21 June 2021 16:13 PM

Peter England
Jim, Do you have any properties in Surrey/Sussex. If so I'm happy to take up the challenge and look at your bills and property. Tel: 0208 123 1473

From: Peter England 26 March 2021 08:40 AM

Peter England
It will cost you 5k to install a new 'A' rated boiler, insult insulation in the roof and the walls or provide double glazing. All will improve your EPC . Wouldn't it be better to make all energy Efficient products and services be exempt from VAT?

From: Peter England 15 July 2019 20:34 PM

Peter England
I'm sure it will be more beneficial for the country to register all landlords at a national level via the HMRC Self Assessment process, issuing them with a license to trade as a Landlord. It would then be a matter of Agents, DWP (housing benefit claims) and possibly tenants to check the Landlord is valid. (Hire car companies can check the DVLC for points on driving license, so why shouldn't you be able to check up on a Landlord?). Central government then has the responsibly to manage the process from a top and down to the individual, and the local government will then have to focus on the enforcement of the law when records aren't in place and landlords don't play by the rules.

From: Peter England 01 March 2019 10:46 AM

Peter England
Landlords, take the effort out of your property Management. Easily track your properties, tenancies, tenants, repairs, rent, mortgage payments, safety certificates and more. From one property to large portfolios For £2 per month. Www.patma.co.uk Use Lovat in discount code for future discounts.

From: Peter England 07 February 2019 10:54 AM

Peter England
Patma cloud software will help you submit your tax return in April. Www.patma.co.uk. Use lovat in discount code for any future discounts

From: Peter England 30 January 2019 07:44 AM

Peter England
PaTMa Property Tools can assist the Buy to Let investors by helping them with:- Quick Local Comparisons, Price History, Compare prospects, ROI and Profit, Price vs Yield/ROI, Affordability Calculations, Take notes and share, Section 24 forecasts, Local Investigation and Downloadable Reports Every prospect is available as a downloadable report that includes all local details, cost calculations, profit forecasts and your own notes. Ready to be sent to colleagues or customers and optionally available white labeled. Why try a free account using a discount code on Lovat at https://www.patma.co.uk/prices

From: Peter England 16 August 2018 17:28 PM

Peter England
More HMO information can be found at https://blog.patma.co.uk/

From: Peter England 31 July 2018 20:54 PM

Peter England
Anyone know an email address for Fergus Wilson. I'm happy to help him find a plumber within four days. Peter.England@patma.co.uk www.patma.co.uk

From: Peter England 20 July 2018 11:06 AM

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