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It's usually far more effective to learn from other people experiences than is it to learn from your own mistakes. "Readers Questions" are some of the best read articles on If you would like to seek the opinions of other landlords and letting agents why not submit a Readers Questions article of your own. We will not reveal your identity if you don't want us to. Any guidance offered by Property118 members is obviously done so in good faith and at no cost. It must not be construed as professional advice, even if the person offering the guidance is professionally qualified. It's good to know that you are not alone though and a bit of guidance can often be useful. No question is a silly question. If a question has been answered before we will let you know and point you to a link. We may ask you to post your question on another thread if it's been well commented on previously by people in similar situations or we may set up a brand new thread and bring it to our readers attention by including a link in our Newsletter. It needn't cost you a penny either :) Please see the form below. If you can't see the form please CLICK HERE

Too much equity - best way to increase income

Too much equity – best way to increase income


We (husband and I) currently own two let properties.  One is worth around £170,000 – with no mortgage on it – currently let for £675 per month gross. The second is worth around £160,000 with a £63,000 interest only mortgage – repayable in about 10 years and lets for £560 per month. Both sets of… Read more

Releasing equity from my home to start a BTL portfolio

Releasing equity from my home to start a BTL portfolio

I have a property (my main residence) that is currently valued at about £200,000, and I hope to own it outright in less than five years (barring any disasters!). Thereafter, I hope to release some equity from the property in order to invest in property and “work my asset” – the only thing is I… Read more

Questions on the lease extension and ground rent increase

Questions on the lease extension and ground rent increase

First post here but I’ve been reading for a while and this is a great resource.  I’m nearing the end of my first BTL purchase of a flat but there are a few things to be finalised with the solicitor…. We put an offer in on the flat knowing that the lease was being extended… Read more

Tenant Has 3 Kids In One Room

Over-crowding issue – Tenant Has 3 Kids In One Room

I have a tenant who has been renting one room from me since September, she had one kid who is aged under 4 living with her… which I knew about. In the last 3 days I have seen two more kids in the house. I presumed they were her guests or something (visiting), so I… Read more

Newbie Landlord wanting thought's and advice on my plan

Newbie Landlord wanting thought’s and advice on my plan


I’m picking the keys up to my first ever property today which is hopefully the first of many in my BTL portfolio.  I’m 23 and have just purchased a 3 bed recently refurbished terraced house near to where I live with my parents. I have been wanting to start my portfolio for a few years…. Read more

Obtaining money by deception

Obtaining money by deception

I rented out my property and was unaware I needed to tell my mortgage company. Since renting it out my relationship has broken down and I became a single mother of my 2 children, having to pay rent alone on the property I lived in of £900 per month. I also got made redundant so… Read more

G4S - Am I Being Scammed

G4S – Am I being scammed?

I received an unsolicited call this morning from someone claiming to work for G4S, they had seen one of our rental properties being advertised in the paper and wanted to take it on a 4 year lease and then sublet to asylum seekers. Apparently they had lost a contract with a big housing provider and… Read more


Water Damage from Upstairs Flat – Who is Liable for the Excess?


I own the downstairs maisonette in a terrace, with one flat upstairs, which is also tenanted. There has been a water leak from the upstairs hand wash basin which has caused extensive damage to my flat. It was a fortuitous incident, and my upstairs neighbour’s insurance has declined liability. Her tenants might have been negligent… Read more


BTL objective sorted – strategy not quite

I’ve just acquired my first BTL property which will provide me with an additional income in retirement. My plan is to retire in the next 4-5 years, downsize the family home and use the residual equity to acquire a second BTL and take this income too. I’m happy to let the capital growth look after… Read more

Council Tax

Council Tax and Rolling contracts


I use a rolling contract for all my properties as my tenants are all local and tend to be long term, I have a 2 months notice period after the 6 month period and let the lease run on a rolling basis never had a problem doing it this way for 10 years. However a… Read more


Auction Property – is this a good place to start

I’ve been trying to get on the property ladder but because of lack of funds, it’s proving difficult. I would like to try to purchase cheaper run down property, from auction north of England, renovate it and possible sell it to raise some deposit money to buy a family home near London. I do not… Read more

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