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?

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?

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?

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?

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

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?

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?

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?

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?

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

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