Londoner 43
Londoner 43
Registered with Property118.com
24th May 2014
Total Posts
0
Total Comments
30
Registered with Property118.com
24th May 2014
Total Posts
0
Total Comments
30
Reply to comment left by Oliver Green at 29/06/2018 - 12:18
Reply to the comment left by O Green at 29/06/2018 - 12:18In London, there are people who need short lets, perhaps because they come here to work for a short period. My first tenants waited to moved to their new...
Read More →29th June 2018, 8 years ago
I had SHORT LETS in my property in London through the estate/letting agent Foxtons. (Other London agents also offer them.) I was planning to move into my property after selling my previous home, but the sale fell through at the...
Read More →Reply to comment left by Charles de Lastic at 17/01/2018 - 11:13
Reply to the comment left by Charles de Lastic at 17/01/2018 - 11:13Thanks. I am aware that it takes 7 years for a gift to be totally outside my estate, but perhaps I don't quite understand how the taper relief...
Read More →Reply to comment left by Neil Patterson at 17/01/2018 - 09:10
Reply to the comment left by Neil Patterson at 17/01/2018 - 09:10Many Thanks. I'll look into it.
Read More →17th May 2015, 11 years ago
No reputable London letting agent would agree to find tenants and manage the property for 8% plus VAT. The usual fees are 9-11% plus VAT for just finding tenants. Did you not check with several agents before you decided on...
Read More →6th March 2015, 11 years ago
In the future, the easiest way to protect the deposit is to pay a small insurance premium to My Deposits, and keep the funds in your bank account. I know it does not help you now, but it is very...
Read More →18th January 2015, 11 years ago
I have never had tenants who have not paid their rent. I only accept professional tenants, who pass referencing for rental warranty. (I have always paid for a rental warranty, although I have never needed to claim.) The only void...
Read More →17th January 2015, 11 years ago
It is all relative. I paid £345K for my BTL flat in London in 2005. The rent currently is £2250 per month, but has been higher. (Last spring was a difficult time as there were many flats on the lettings...
Read More →16th January 2015, 11 years ago
There must be other more suitable properties available for you to purchase. It is my understanding that the shared ownership properties are meant for owner-occupation only. This would mean that you could not let it to anybody else, so it...
Read More →13th January 2015, 11 years ago
Hi Charlotte, I find some of the replies here confusing. If you daughter shares a property with the landlady, she is not a tenant but a lodger. (Unless the property has been divided into two properties, with their own front...
Read More →16th June 2014, 12 years ago
I would have been useful to know, how much your company charges for drafting the LPA. Now information is only given about the donation of £25 to a charity. I have a will, but not a LPA. Does the person,...
Read More →15th June 2014, 12 years ago
Hello, I meant you can carry over the losses to be used against any rental income you have in the future. Unless you decide to sell all your rental properties at the same time, when you will not have any...
Read More →15th June 2014, 12 years ago
I presume you have been able to deduct the annual rental losses from your income before paying tax each year? (Or carry over the losses if you did not have enough income to set against.) How very unfortunate for you...
Read More →8th June 2014, 12 years ago
What about renting to families? Less profitable, but you would be able to keep your current mortgage arrangements. I don't know what kind of changeover period the council would allow, so that you can honour the current AST agreements.
Read More →27th May 2014, 12 years ago
I think as the property owner I have the right to request that people do not smoke in my property. This clause is included as a standard in any tenancy agreement my tenants sign with me. (My flat is always...
Read More →26th May 2014, 12 years ago
In 2012, my tenant left 2 weeks before the end of this tenancy agreement as he was relocating to New York. He had paid his rent for the full month, but had paid the council tax to the middle of...
Read More →25th May 2014, 12 years ago
Mark, I have lived in London Fields area for 28 years. E8 is a large area. This is not Dalston, but a couple of bus stops east of Dalston Junction. The area has undergone quite a lot of gentrification since...
Read More →Reply to comment left by Mark Edwards at 25/05/2014 - 16:06
Reply to the comment left by "Mark Edwards" at "25/05/2014 - 16:06": Mark, Thanks for the information. I would never consider buying a buy-to-let property in Edmonton. I doubt very much that I would find professional tenants for such properties....
Read More →Reply to comment left by Vanessa Warwick at 25/05/2014 - 13:16
Reply to the comment left by "Vanessa Warwick" at "25/05/2014 - 13:16": My flat is off Essex Road in N1. Very convenient for the City, but not so good for West End. N5 and N7 are probably better for transport...
Read More →25th May 2014, 12 years ago
Many thanks for your very useful response, Vanessa. One really has to be careful when looking to buy an investment property in a part of London you are not familiar with. One matter to flag for London at the moment...
Read More →Showing 20 of 30 comments