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It's usually far more effective to learn from other people experiences than is it to learn from your own mistakes. "Readers Questions" are some of the best read articles on Property118.com. If you would like to seek the opinions of other landlords and letting agents why not submit a Readers Questions article of your own. We will not reveal your identity if you don't want us to. Any guidance offered by Property118 members is obviously done so in good faith and at no cost. It must not be construed as professional advice, even if the person offering the guidance is professionally qualified. It's good to know that you are not alone though and a bit of guidance can often be useful. No question is a silly question. If a question has been answered before we will let you know and point you to a link. We may ask you to post your question on another thread if it's been well commented on previously by people in similar situations or we may set up a brand new thread and bring it to our readers attention by including a link in our Newsletter. It needn't cost you a penny either :) Please see the form below. If you can't see the form please CLICK HERE


Can this tenancy become periodic?

Can this tenancy become periodic?

29/09/2016

This is a query about whether this particular tenancy can become periodic. We have a flat which have let to the same tenant for two, consecutive, 12 month tenancies. In each case, the rent for the whole 12 months has been paid in advance. The tenant is a single mother but with some sort of… Read more

Tenant now in prison and friend looking after property and cats?

Tenant now in prison and friend looking after property and cats?

28/09/2016

I rent a small studio to a chap that I have discovered is in prison. He was obviously expecting it (apparently breached a restraining order with his ex) and has left a friend living in the flat, to look after it, including all his belongings and 2 cats, until he gets released. The housing benefit… Read more

Suggestions after section 21 and house full of rubbish?

Suggestions after section 21 and house full of rubbish?

I have a tenant that has continually been in arrears and despite me coming to arrangements to assist , the arrears have simply increased as a result of several holidays. I served a s21 and tomorrow they are instructed to move out. (a few days over 2 months notice provided) I have sent them 3… Read more

New safety rules to further deplete our profits! surely not?

New safety rules to further deplete our profits! surely not?

My letting agents are telling me that I need to comply with new rules relating to safety by the end of the year – is this a national thing or just in Scotland? Despite not having a legionnaires check, EICR, PAT test, two smoke detectors (if on one floor) and an interlinked heat shield in… Read more

Deposit Protection compulsory for sublet?

Deposit Protection compulsory for sublet?

I recently sublet from a tenant with the consent of the landlord and sublet contract. A £1300 deposit was paid direct to tenant on request of the landlord. Following moving out of the property a scrape on the wooden floor was noticed. The landlord has asked tenant to withhold entire deposit to pay for scrape…. Read more

Clause 24 response from Tim Loughton MP

Clause 24 response from Tim Loughton MP

This is the response I received from my local Conservative MP from East Worthing, who obviously is another one who doesn’t understand the Bill and its implications: Dear Mr… Thank you for contacting me about changes to the taxation of landlords. I am passionate about helping small businesses thrive. But this needs to be balanced… Read more

Legal responsibility – N Power or Landlord?

Legal responsibility – N Power or Landlord?

27/09/2016

A tenant vacates a property and both the tenant and managing agent provided final meter readings to the utility company to terminate the supply of electricity and gas. However, N Power fails to terminate the utility supply. The property is then empty for 9 months with the service still connected and at the end of… Read more

Overcharging to tighten nut?

Overcharging to tighten nut?

I asked a plumber I have used before to check a leaking radiator at my tenants house as soon as he could. Four days later he turned up, tightened the valve connection and left, 2 minutes maximum my tenant tells me. I have now received his invoice for £90 to “tighten a nut”. Should I… Read more

First HMO property but what about the future?

First HMO property but what about the future?

26/09/2016

I’m in the process of purchasing my first HMO property and need some advice on purchasing in my sole name, or through an SPV company as I understand the interest relief will soon be gone for sole investors along with other changes. What if the same reliefs get changed for limited and SPV companies? Or… Read more

Tenant threatening legal action after cleaning bill?

Tenant threatening legal action after cleaning bill?

My tenants of 3 years moved out and did not clean the property thoroughly after moving out. I called in the cleaners including the carpet and paid £80, which I said will deduct from the deposit, as there were stains, rubbish under the bed etc. The lead tenant was not happy with this and said… Read more

Investment tools to source deals

Investment tools to source deals

Hi Everyone, I’m currently researching how technology is influencing property investments, and I was wondering two things: – If buying a property involves the 3 below steps, how much time do you usually spend on each step? 1. finding properties – X hours 2. verifying that they are right – X hours 3. closing the… Read more

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