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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


Section 21 and Deregulation Act and form 6A?

Section 21 and Deregulation Act and form 6A?

28/02/2017

I am hoping for clarification on this as it seems many in the profession are acting on conflicting assumptions/understandings. If landlord uses the Form 6A on a tenancy which commenced pre-01/10/15 did he need to comply with the changes under the the DRA2015; i.e. serve Gas Cert, EPC & How to rent guide? Or can… Read more

Legislation says commercial properties need an EPC – here’s why

Legislation says commercial properties need an EPC – here’s why

When it comes to running a commercial property, whether that’s being a landlord, or managing another kind of commercial property, you can find yourself in need of an energy performance certificate. The EPC was part of a green EU initiative designed to diagnose and document various buildings energy efficiency and CO2 emissions, and therefore, their… Read more

Which deposit protection scheme?

Which deposit protection scheme?

I have been using DPS for my deposits until now and find it hard going. Their “prescribed information” is not very clear and I find it hard to negotiate their website. “Tenancy Deposit scheme” seems clearer and I have just signed up to them, although not used them yet. Perhaps other 118 members could share… Read more

Digital tax returns every quarter?

Digital tax returns every quarter?

I have spoken to my accountant in relation to Digital Tax Returns and he has advised me that, Landlords will be required to do Digital Tax Returns every quarter. In other words 3 times over the course of 9 months and then final Annual Self Assessment by 31 January. He has told me that, 3… Read more

How to invest in Liverpool/Manchester as a Londoner

How to invest in Liverpool/Manchester as a Londoner

23/02/2017

Dear All, I live in London and have my property investments in London and I also work in London. Given the current property market in London is going through difficult times especially with low yields and high prices and strict BTL lending criteria, I am tempted to look North (Liverpool/Manchester etc.), where the prices are… Read more

Comment please on my rent increase letter

Comment please on my rent increase letter

Hi, I have adapted another rent increase letter I have seen on this forum. I would rather not make it to lengthy so I have tried to make it short whilst still making relevant points. Advice/Comments please before I send them out. Dear ………………(Tenant) We are having to review your current rent. It’s a decision… Read more

Incorporation of properties with no capital growth?

Incorporation of properties with no capital growth?

I am thinking of starting the process of incorporation for my property portfolio and in doing so I am aware of the potential SDLT and capital gains tax implications involved. A number of my properties, as you would expect, have risen in value. However, I have a couple that have not shown any increase in… Read more

CCTV installed by landlord and access to the materials?

CCTV installed by landlord and access to the materials?

Hello, the landlord installed the cctv cameras around whole house and gave the access to the material to one of the neighbors who can see us 24 hours a day on the TVs. We have been informed only about one camera on the front side of the house. Is something like that legal and what… Read more

Wirral Selective Licensing refund requested and refused!

Wirral Selective Licensing refund requested and refused!

I managed a block of 15 apartments in Wirral which fell into one of the designated selective licensing areas. Although we had this block up for sale at the time we were advised by the selective licensing department that we would still need to pay in full for the five year license at around £450.00… Read more

Serviced apartment stamp duty in Edinburgh?

Serviced apartment stamp duty in Edinburgh?

Can anyone help? I am looking to purchase an apartment in Edinburgh for £200k and have been surprised at the stamp duty I must pay. Is there a way to lessen this? A contact has suggested this could be classed as a commercial transaction as its a business property. Many thanks Paul

Why Did I Ever Invest in Buy to let?

Why Did I Ever Invest in Buy to let?

22/02/2017

My wife and I bought our one bed flat in a town in the NW of England in 2007 – the plan was simple keep it for 10 -15 years then sell using the increase in valuation as a means to diversifying our pension provision. We never bought with a view to growth in units… Read more

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