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Green Deal fund reduced – Not good for Landlords

Green Deal fund reduced – Not good for Landlords

23/07/2014

Commenting on the reduction of Green Deal Home Improvement Funds (GDHIF) for solid wall insulation from £6000 to £4000, Richard Lambert, CEO at the National Landlords Association (NLA), said: “Just as the Green Deal looks like it will finally succeed, the Government seems determined to sabotage its own policy. “The NLA made a strong case… Read more

end

The End Game

I am keen to hear more experienced Landlords view on their exit strategy’s. The reason I am thinking about this now is that it is time to refinance a couple of HMO property’s that I purchased with cash (property’s were not mortgageable). I am now 41 so have plenty of years left to obtain mortgages… Read more

Big

Buy to let portfolio – help me see the bigger picture

I have just cleaned up my act, paid my debts and now got 2 jobs earning avg £2500 a month and living with my mum! Now – I want to get into property development. Build my own buy to let portfolio! I can only save £10, 000 a year. looking at the figures, in order… Read more

Legionella

Legionella testing on a single private dwelling – really?

22/07/2014

I rent out a property which belonged to my mother before she died. It is a 3 bed semi with an enclosed (multi-point) central heating system. My agent insists I have a Legionella report done on the property. Do I really need one, they have threatened to terminate my contract if I don’t have it… Read more

money

Tenant demanding 2 months rent back plus deposit

21/07/2014

So back in 2011 I use to take 2 months rent in advance and no official deposit. With this particular tenant this is what I did. 6 months passed and I renewed the tenancy with a new 6month AST. By this time I had realised that I should be properly registering a deposit and keeping… Read more

Property Development

The Property Development industry is growing at a rapid rate

With the UK continuing to recover from the losses suffered during the recession, the Property Development industry is currently seeing one of its fastest growing times. The demand for property has significantly risen in the first half of the year with construction of over 100,000 properties commenced in the first half of 2014. There are… Read more

Hospital

Will the Judge issue a possession order whilst tenant is in Hospital?

I purchased a flat to let a couple years ago. We have had the same tenant in for the full period. Although there have been several months of late payments, he has generally not been a problem. He has always suffered with kidney problems and this has left out of work on occassions, hence the… Read more

IHT

Don’t end up giving it away – Another IHT thought provoker

18/07/2014

How about an instant reduction in your IHT bill – no seven year wait? This will particularly appeal to BTL landlords who have most of their cash tied up in a property portfolio. Some readers will have heard of Discounted Gift Trusts (DGT) wherein you invested your cash into an Investment Bond and this would… Read more

home invasion

Immigrants en mass invade my property ?

Well my agent and I have been well and truly had. I’m a portfolio landlord and builder, and have just finished extensive renovation of a 2 bed terrace locally. Due to poor health I instructed a local agent friend to source me tenants and we chose very a plausible and presentable Polish working couple. They… Read more

change

Newham are not granting any further change of use permissions?

I might have to sell my house because Newham council won’t let me let it to a group of professional sharers. It’s too expensive and large for most families (agents suggest 2k pcm) and Newham council have said they are not granting any more planning permission for change of use, which I have to have… Read more

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