If the rent is already at market rent level then no you shouldn't try to increase it. If it is currently below market rent then I would suggest increasing it at the next rent review date.
"Review both product transfer and remortgage options 6–12 months before expiry" - how are you going to know your PT options 6-12 mths before expiry? Normally you don't given those till 3-4 mths before, surely?
Reply to the comment left by Mark Alexander - Founder of Property118 at 27/11/2025 - 11:31Thanks Mark, that's a very valid point about the interest cover ratios being more lenient, which helps with the loan amount offered. However my experience...
Mark, I think you left out one important consideration, namely the mortgage interest rate, which is likely to be around 1% higher for a limited company landlord than a personal landlord. This would make a significant difference to your net...
It sounds a lot but no mention of inflation – this must make a difference to your calculations? Plus as someone else has referred to – house price increases in the 70's and 80's were largely linked to the increased...
It's a matter of shopping around. When you factor the fees into the "effective rate" you sometimes get interesting results. I was quite happy to pay a 5% fee to my lender for a 5-year fixed rate as the net...
I had a similar dilemma three years ago when refurbishing a rental flat. The old storage heaters would have given me a higher EPC but are not popular with tenants, being unsightly and fiddly to control, and also of less...
p.s. I have also had standing charges cancelled where I could show that there was zero use. However if there is even a slight use the standing charges would usually apply.
The invoices/bills can't be enforced without meter readings. Call up the suppliers, who may not be aware of the relevant facts (invoices are often auto-generated). Ask them to confirm any meter readings, and take it from there... In my experience...
Personally I try to avoid annual renewal fees as they are a bit of a rip-off if the tenant is already in situ and no work required by the agent. Check the T&C's of your agent agreement, as some clauses...
Depends on your lifestyle, but if you are busy doing other things (job/travel etc.) then you really want an agent, who as well as managing day-to-day issues with the tenant will also be up-to-date with all the changes in the...
Presumably Adam and Dianne have informed TMW they are running their properties as SA's? Last time I checked TMW regard running SA's as business use therefore not permitted under their mortgage terms, which only allow vanilla BTL's.
18th March 2026, 1 month ago
If the rent is already at market rent level then no you shouldn't try to increase it. If it is currently below market rent then I would suggest increasing it at the next rent review date.
Read More →19th January 2026, 3 months ago
"Review both product transfer and remortgage options 6–12 months before expiry" - how are you going to know your PT options 6-12 mths before expiry? Normally you don't given those till 3-4 mths before, surely?
Read More →Reply to comment left by Mark Alexander at 27/11/2025 - 11:31
Reply to the comment left by Mark Alexander - Founder of Property118 at 27/11/2025 - 11:31Thanks Mark, that's a very valid point about the interest cover ratios being more lenient, which helps with the loan amount offered. However my experience...
Read More →28th November 2025, 5 months ago
Sounds like your tenant got her plumbing sorted already.
Read More →27th November 2025, 5 months ago
Mark, I think you left out one important consideration, namely the mortgage interest rate, which is likely to be around 1% higher for a limited company landlord than a personal landlord. This would make a significant difference to your net...
Read More →22nd September 2025, 7 months ago
It sounds a lot but no mention of inflation – this must make a difference to your calculations? Plus as someone else has referred to – house price increases in the 70's and 80's were largely linked to the increased...
Read More →28th April 2025, 12 months ago
How is this increase in the supply of rental properties "sparking a sharp rise in rents"? Do the usual laws of supply and demand not apply here?
Read More →17th January 2025, 1 year ago
Don't know if it's just me but the sound on this video is just a recording of Beethoven's Moonlight Sonata - can you please fix!
Read More →18th October 2024, 2 years ago
It's a matter of shopping around. When you factor the fees into the "effective rate" you sometimes get interesting results. I was quite happy to pay a 5% fee to my lender for a 5-year fixed rate as the net...
Read More →15th October 2024, 2 years ago
I had a similar dilemma three years ago when refurbishing a rental flat. The old storage heaters would have given me a higher EPC but are not popular with tenants, being unsightly and fiddly to control, and also of less...
Read More →19th July 2024, 2 years ago
p.s. I have also had standing charges cancelled where I could show that there was zero use. However if there is even a slight use the standing charges would usually apply.
Read More →19th July 2024, 2 years ago
The invoices/bills can't be enforced without meter readings. Call up the suppliers, who may not be aware of the relevant facts (invoices are often auto-generated). Ask them to confirm any meter readings, and take it from there... In my experience...
Read More →15th July 2024, 2 years ago
Personally I try to avoid annual renewal fees as they are a bit of a rip-off if the tenant is already in situ and no work required by the agent. Check the T&C's of your agent agreement, as some clauses...
Read More →18th June 2024, 2 years ago
Depends on your lifestyle, but if you are busy doing other things (job/travel etc.) then you really want an agent, who as well as managing day-to-day issues with the tenant will also be up-to-date with all the changes in the...
Read More →8th March 2024, 2 years ago
Presumably Adam and Dianne have informed TMW they are running their properties as SA's? Last time I checked TMW regard running SA's as business use therefore not permitted under their mortgage terms, which only allow vanilla BTL's.
Read More →