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Good Landlord, Bad Letting Agent

Good Landlord, Bad Letting Agent

01/09/2014

My letting agent is now 4 months late paying any rent to myself.   The payments have never been on a regular basis, always different weeks but always paid and I thought “better the devil you know” rather than trying to find another agent and possibly paying a cancellation fee. Now after weeks of ringing… Read more

The Mortgage Works (TMW) Redemption figure - Help!

The Mortgage Works (TMW) Redemption figure – Help!

We have five portfolio loan accounts with TMW. These five portfolio loans are held under one account number. We have a buyer on one our properties in the South of England and requested a release figure in June. TMW wrote and requested 16 internal valuations of properties we hold in the a North of England…. Read more

Tenant wants her daughter to move in

Tenant wants her daughter to move in

I have a couple who are on an ongoing AST. They have been in the house for one year now and they have just said they want to have a daughter to stay from September to November. She is unemployed and is 21 years old.  I phoned the R L A for advice and I was informed… Read more

To buy a house with old uncertified loft conversion

To buy a house with old uncertified loft conversion?

I need some advice about buying a house with an uncertified loft conversion please.  It’s advertised as a 3-bed house with a “converted attic room used as the third bedroom”. It has been let for several years. The loft conversion was done before the current seller bought the house in 2007. I have asked for… Read more

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Tenants praying for a new landlord to buy their London flat!

We are a professional couple in quiet, untouched Rotherhithe and we are praying for a rental buyer of our landlord’s one bed garden maisonette. The interior is like new and it is in a popular residential area.  We’ve come to love this property  with all our hearts – so when our landlord announced he was… Read more

Window smashed in burglary - who pays

Window smashed in burglary – who pays?

My son and his family moved into their rented house last week. This morning they were burgled; access gained by smashing a large window in the conservatory. My son does not want to tell his landlord (and see if his insurance will cover the cost of a new window) as he has just started a… Read more

My first BTL - capital repayment or interest only

My first BTL – capital repayment or interest only?

I am aiming to buy my first rental property and am weighing up whether to use a capital repayment or interest only BTL. The first property will be circa £75k – £100k studio or 1 bedroom flat with an 85% BTL and my objective is to build a small portfolio of similar sized properties that… Read more

Tenancy Ended Abruptly

Tenancy Ended Abruptly

29/08/2014

We moved into an office within an office block about 4 years ago at the height of the recession. When we moved into the office we were told to occupy a smaller office until the one meant for us was ready. When our office was ready we moved in and when we asked for a… Read more

Parking £600K for a few months

Parking £600K for a few months

Someone has offered me about £600K for an unencumbered property. I’d happily sell now, but am too busy to buy anything new till at the earliest Jan or Feb. Any tips on where to get the best short term rate for such an amount while still being able to access the funds should I need… Read more

HMO licensing and absent freeholder

HMO licensing and absent freeholder

I own a leasehold flat in North Wales, it is one of 3 self-contained leasehold flats in a converted house.  I have just received a letter from the council which says that the property needs to have a HMO licence otherwise I will not be able to continue rent it out. They say that it… Read more

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