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About Readers Questions
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


How do we remove a Management Company?

How do we remove a Management Company?

25/07/2016

Two years ago I bought the 999 year lease for one of 12 flats in a converted property. A Ltd company was in place, with 12 share certificates, and the developer as sole director. Once all 12 flats were sold the developer resigned his directorship and in February 2016 and passed the management to an… Read more

3 new flats and garage demolished but no reduction in service charges!

3 new flats and garage demolished but no reduction in service charges!

22/07/2016

I own a purpose built flat in a block of 8. The freeholder obtained planning permission to build a further 3 flats at the development. As our garage was to be demolished we appointed a PWA surveyor. The surveyor was informed that all building works had been completed in April but the freeholder is claiming… Read more

Buying property with lifetime tenancy?

Buying property with lifetime tenancy?

21/07/2016

I am considering buying a 2 bed house for £80k an elderly couple have been tenants for over 40 years and say they have a secured tenancy for life. The current price for similar houses is £110k? I think this would be an investment long term for my family and better than savings. What are… Read more

Neighbour complaining about tenants parking?

Neighbour complaining about tenants parking?

I have just been contacted by the neighbour of one of my tenants to say that everyone is unhappy with the tenants parking. The property has a driveway that holds two cars nose to tail and one by the side. The issue is the tenant parks a large old mobile home/ camper, a rusty old… Read more

What are the implications of more of us becoming landlords?

What are the implications of more of us becoming landlords?

The headlines have been telling us that the number of landlords in the UK has been increasing in recent years as more people choose to taking their savings out of the banks and reinvest it in property. Though this could go some way to solving the so-called housing crisis that the country is currently in… Read more

Newly painted ceiling water leak damage?

Newly painted ceiling water leak damage?

19/07/2016

I`m a private landlord and rent out a top floor flat. Last year the flat was fully refurbished including new bathroom and kitchen. Flat below is also rented out. The letting agent for flat below contacted us regarding stains on their roof. On inspection our flat had a small leak under the bath due to… Read more

Wear and tear allowance tax question

Wear and tear allowance tax question

With the change in the wear and tear allowance, I am trying to work out the maximum I can spend in each rental property that I own for the 2016/2017 tax year that we are currently in. I’ve already replaced carpets and other furnishings in the properties and I’m trying to work out what the… Read more

6 months rent up front but nothing signed!

6 months rent up front but nothing signed!

18/07/2016

We are renting a house and the landlord told us he’s selling so we looked for somewhere else to live. We found a house and paid 6 months rent up front to secure the property to the estate agent. We then got a call form our original landlord to say he’s no longer selling his… Read more

Letting agent claiming his not the legal owner and not owning up to deposit issues

Letting agent claiming his not the legal owner and not owning up to deposit issues

Can you please help. Is there a way of proving for sure who the owner is of a company ? We used a letting agent who did not in a timely manner deposit tenants deposit with TDS scheme. Now the insurance company is saying that insurance is void as a result. But the letting agent… Read more

Is registration of restrictions in deed of trust at Land Registry compulsory?

Is registration of restrictions in deed of trust at Land Registry compulsory?

Is it legally obliged to register the restrictions in the deed of trust at Land Registry? My friend and I would like to use Deed of Trust to formalise a JV relationship. A restriction we would like to add in the deed of trust is ‘the property can not be sold unless all parties agree’… Read more

Repossession Order and what to do with tenant belongings?

Repossession Order and what to do with tenant belongings?

Following the serving of a Section 21 Notice on a tenant of mine and subsequent application to the Court for a possession order, it was successfully granted. My tenant is due to give up the property in 2 days time. My tenant has not been living at the property for quite a while (I know… Read more

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