UK Property Forum for Buy to Let Landlords

Care Act Set To Ruin Even More Legacies

Care Act Set To Ruin Even More Legacies

18/11/2014

Care fees can decimate any legacy that property owners hope to leave to their loved ones, likewise with any legacy they might have expected to receive from their own parents. The new “Care Act” is set to make things much worse. Some industry experts are suggesting that the window of opportunity to get things sorted… Read more

UK Property Investor Servey 2014

UK Property Investor Survey 2014

Check out the UK Property Investor Survey 2014 conducted by Rob Dix (AKA “The Property Geek”) as an infographic and read his full write up HERE. The Property Geeks Claims to Fame Include ……. The Property Podcast: The UK’s most popular business podcast. Listen here. The Property Hub: Community and training for property investors. Join the conversation…. Read more

Feel this could end in disaster

Feel this could end in disaster

After deciding to move in with a long-term girlfriend and not wanting to give up my own property, I decided to allow a local high street agent, who are ARLA regulated, to let and manage the property for me. This is the second tenant who is now in arrears.  They have stopped paying rent as… Read more

New freeholder not been given my correspondence address

New freeholder not been given my correspondence address

I have received a letter from a firm of solicitors instructed by a new freeholder for non-payment of ground rent. Clearly there are now excessive fees to pay!!! The ground rent payments are for this year (when I have owned the property) and the whole of last year (when I didn’t even own the property,… Read more

Internal Glass Door Regulation

Internal Glass Door Regulation

One of the properties I have just purchased as a buy to let has three glass doors in place of different designs.  The internal vestibule door is wooden panel to bottom and full glass panel to top single paned and doesn’t look toughened. The bathroom door has full length glass obscure in wooden frame which… Read more

Calling in your mortgage

Calling in your mortgage

I have taken out an interest only BTL mortgage with Paragon with a 20% deposit for a 25 years term and I noticed that the rules says that paragon can ask for the mortgage to be adjusted at whatever time suits them (after the first 2 years) so for example they can switch the mortgage… Read more

I'm out

Leaving letting agency and keeping tenant

We are new to the letting game and have a nice tenant in the property, the issue we have is with the agent. The tenant has live there for just over 6 months and the agreement was for 6 months, 2 working days before the end of the agreement we still had not heard anything… Read more

Ground rent issue dispute

Ground rent issue/dispute

17/11/2014

Has anyone had or having a similar scenario with ground rent collectors; my current dilemma:  I have an issue with an Agent collecting ground rent for a flat I rent in Northampton; Homeground. I was paying ground rent from Jan – Dec of £250 per annum to an agent at the time called Chamonix Estates…. Read more

Erratic paying tenant - moving the rent date

Erratic paying tenant – moving the rent date

I have a tenant who has been in a property of mine for 3 years with no trouble. 3 months ago decided to change from managed to un-managed and during the switch over the rent due on 5th September was delayed in arriving in my account, not arriving until 18th. The 5th October arrives and… Read more

Michael Barnes

Who does “his” refer to in the Prescribed Information Order?

The ‘The Housing (Tenancy Deposits) (Prescribed Information) Order 2007′ includes the requirement to provide the following information (paragraph numbers taken from the order):  ‘(vii) confirmation (in the form of a certificate signed by the landlord) that— (aa) the information he provides under this sub-paragraph is accurate to the best of his knowledge and belief; and… Read more

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