This was an interesting post. Does anybody know if our limited company can gift an unencumbered house to each of our two daughters over a period of years, for example 25% or 20% a year?
This is exactly how we started, over 25 years ago, and it worked incredibly well. We started with a £10,000 legacy from my partner’s grandmother which bought the first property; refinancing that a year later, when only 5% deposits were...
Why are the powers-that-be so hung up on Section 21? Realistically, unless you plan to sell a property, one tenant removed by S21 (for what may well be rent arrears as this is a 'kinder' way to do this rather...
Reply to the comment left by Cider Drinker at 08/07/2024 - 12:45Yes, like you, all our tenants seem to be in it for the long term and so we regard allowing pets (as well as being the kind option) to...
We have always allowed pets - we live with four dogs which are one of life's pleasures so why would we deny this to our tenants? We drew up a Pet Policy some years ago which requires tenants to take...
I agree with Teessider - we have a fixed- rate coming to an end fairly soon, and when I used the 5.34% rate for a company mortgage, adding in the 5% fee, I reckon it works out at a rate...
Reply to the comment left by Rajeev Kanwar at 19/06/2023 - 18:55We are 'professional landlords' with a limited company and a medium-sized portfolio, but we have not raised rents routinely every year as our mortgage costs have stayed extremely low...
I agree with you - we fell into the same trap, we have many excellent tenants who have been with us for years and we have let the rents fall well below market rate while interest rates were so low....
Yes, I didn't specifically mention the external fabric of the building but we are aware that is our responsibility. I think what bothered us particularly was a relatively large figure in the budget for 'internal redecoration' which is the very...
I agree, we have tenants who have been with us for 15 years and more (including one who is considered as 'vulnerable' for whom we have specially purchased a ground floor flat!). It is very hard not to get involved...
Reply to the comment left by Jonathan Cocks at 20/04/2023 - 21:25Hmm, my point was that, because of the poor light landlords seem to be regarded in these days, calling it 'rent in advance' somehow sounds as though we are...
I have an issue with the expression 'rent in advance'. It is NOT 'in advance' - tenants are effectively paying for the use of a house, month on month, at the point they start using the house, i.e. the first...
We issued S21 notices to two of our long-standing tenants ealier this year (one of them is a second-generation tenant, having taken over the tenancy from her mother). In recognition of the fact that they will inevitably need to pay...
Reply to the comment left by Whiteskifreak Surrey at 17/04/2023 - 17:58We fit into this profile - we bought our first three or four BTL properties before Buy-to-Let mortgages were 'born' (requiring some creative mortgage applications!) and our intention was...
Reply to the comment left by Graham Bowcock at 23/02/2023 - 12:18Hmm, I thought that might be the case. So, for academic interest, how would this luckless current owner ever be able to end the tenancy? There must be some...
Just for my info: does anybody think it would be possible to sort this by the current owner giving the tenant a Section 21 (min two months notice and ending on the last day of a rental period) then agreeing...
Reply to the comment left by Kate Mellor at 14/04/2022 - 13:03Many of our tenants have their own free-standing cookers (gas or electric) which they like to bring with them when they rent one of our properties. We stipulate they...
Unhelpful and unpleasant remark. I am an experienced landlord with a medium sized portfolio, and I didn't know this. But I am glad that I now do know it as I have a couple of properties becoming vacant soon.
I am in exactly the same boat as you, with several Victorian/Edwardian houses in our portfolio which I suspect will be virtually impossible to bring up to category C. I have been worrying gently about this for a while now,...
Some cookies are needed to make the site work, and we always set those. We would also
like to use analytics and advertising cookies to understand how the site is used —
but only if you say yes. You can change your mind at any time in our
cookie policy.
19th October 2026, 2 days ago
This was an interesting post. Does anybody know if our limited company can gift an unencumbered house to each of our two daughters over a period of years, for example 25% or 20% a year?
Read More →20th September 2025, 1 year ago
This is exactly how we started, over 25 years ago, and it worked incredibly well. We started with a £10,000 legacy from my partner’s grandmother which bought the first property; refinancing that a year later, when only 5% deposits were...
Read More →23rd April 2025, 1 year ago
Why are the powers-that-be so hung up on Section 21? Realistically, unless you plan to sell a property, one tenant removed by S21 (for what may well be rent arrears as this is a 'kinder' way to do this rather...
Read More →Reply to comment left by Simon Gear at 08/07/2024 - 12:45
Reply to the comment left by Cider Drinker at 08/07/2024 - 12:45Yes, like you, all our tenants seem to be in it for the long term and so we regard allowing pets (as well as being the kind option) to...
Read More →8th July 2024, 2 years ago
We have always allowed pets - we live with four dogs which are one of life's pleasures so why would we deny this to our tenants? We drew up a Pet Policy some years ago which requires tenants to take...
Read More →2nd October 2023, 3 years ago
I agree with Teessider - we have a fixed- rate coming to an end fairly soon, and when I used the 5.34% rate for a company mortgage, adding in the 5% fee, I reckon it works out at a rate...
Read More →Reply to comment left by Rajeev Kanwar at 19/06/2023 - 18:55
Reply to the comment left by Rajeev Kanwar at 19/06/2023 - 18:55We are 'professional landlords' with a limited company and a medium-sized portfolio, but we have not raised rents routinely every year as our mortgage costs have stayed extremely low...
Read More →Reply to comment left by Bob W at 19/06/2023 - 10:31
I agree with you - we fell into the same trap, we have many excellent tenants who have been with us for years and we have let the rents fall well below market rate while interest rates were so low....
Read More →Reply to comment left by Crossed_Swords . at 15/06/2023 - 10:06
Yes, I didn't specifically mention the external fabric of the building but we are aware that is our responsibility. I think what bothered us particularly was a relatively large figure in the budget for 'internal redecoration' which is the very...
Read More →Reply to comment left by Derek STOBBS at 08/06/2023 - 08:32
I agree, we have tenants who have been with us for 15 years and more (including one who is considered as 'vulnerable' for whom we have specially purchased a ground floor flat!). It is very hard not to get involved...
Read More →8th June 2023, 3 years ago
£355 (and you have to send a cheque which floored me! I haven't seen my cheque book for three years)
Read More →Reply to comment left by Jonathan Cocks at 20/04/2023 - 21:25
Reply to the comment left by Jonathan Cocks at 20/04/2023 - 21:25Hmm, my point was that, because of the poor light landlords seem to be regarded in these days, calling it 'rent in advance' somehow sounds as though we are...
Read More →20th April 2023, 4 years ago
I have an issue with the expression 'rent in advance'. It is NOT 'in advance' - tenants are effectively paying for the use of a house, month on month, at the point they start using the house, i.e. the first...
Read More →Reply to comment left by Rod Townson at 19/04/2023 - 10:48
We issued S21 notices to two of our long-standing tenants ealier this year (one of them is a second-generation tenant, having taken over the tenancy from her mother). In recognition of the fact that they will inevitably need to pay...
Read More →Reply to comment left by Whiteskifreak Surrey at 17/04/2023 - 17:58
Reply to the comment left by Whiteskifreak Surrey at 17/04/2023 - 17:58We fit into this profile - we bought our first three or four BTL properties before Buy-to-Let mortgages were 'born' (requiring some creative mortgage applications!) and our intention was...
Read More →Reply to comment left by Graham Bowcock at 23/02/2023 - 12:18
Reply to the comment left by Graham Bowcock at 23/02/2023 - 12:18Hmm, I thought that might be the case. So, for academic interest, how would this luckless current owner ever be able to end the tenancy? There must be some...
Read More →23rd February 2023, 4 years ago
Just for my info: does anybody think it would be possible to sort this by the current owner giving the tenant a Section 21 (min two months notice and ending on the last day of a rental period) then agreeing...
Read More →Reply to comment left by Kate Mellor at 14/04/2022 - 13:03
Reply to the comment left by Kate Mellor at 14/04/2022 - 13:03Many of our tenants have their own free-standing cookers (gas or electric) which they like to bring with them when they rent one of our properties. We stipulate they...
Read More →Reply to comment left by Steve Fowkes at 14/04/2022 - 10:45
Unhelpful and unpleasant remark. I am an experienced landlord with a medium sized portfolio, and I didn't know this. But I am glad that I now do know it as I have a couple of properties becoming vacant soon.
Read More →17th February 2021, 6 years ago
I am in exactly the same boat as you, with several Victorian/Edwardian houses in our portfolio which I suspect will be virtually impossible to bring up to category C. I have been worrying gently about this for a while now,...
Read More →Showing 20 of 32 comments