Readers Question

Birmingham Midshires increased my fixed rate mortgage payment?

Author: Readers Question

22nd October 2021, 5 years ago | 21

I have been with Birmingham Midshires since 2017 under an interest-only 5 year fixed rate buy to let mortgage. They...

Overseas Lettings – Tax Implications Following Brexit?

Author: Readers Question

20th October 2021, 5 years ago | 8

For several years we have let our house in Mijas, Spain, as a holiday let. On preparing my quarterly tax...

Court hearing date Aug 2022?

Author: Readers Question

20th October 2021, 5 years ago | 11

Hi, I waited for over a year for a hearing date to recover possession from my ex-tenant with arrears. Originally...

Council Tax Liability – Quoting S6 Local Government Finance Act 1992?

Author: Readers Question

18th October 2021, 5 years ago | 11

I started possession action due to persistent non-payment of rent in Autumn 2019. Possession was under S21 rather than S8...

Insurers claim this is subletting and Landlord doesn’t have control?

Author: Readers Question

18th October 2021, 5 years ago | 1

Sadly, following a bad experience, one of the sites was converted into a Cannabis Factory. After usual arguments, AGEAS accepted...

Related Party or at Arms Length Transaction?

Author: Readers Question

14th October 2021, 5 years ago | 6

I own three BTL properties on three separate independent developments that have their own Right to Manage Companies in place....

Lost DIY Declaration of Trust – effective date and CGT liability?

Author: Readers Question

14th October 2021, 5 years ago | 4

Hi, I purchased a property with the help of my father in 2014 or so, I had only contributed a...

Tenant changed lock – is the landlord obliged to pay?

Author: Readers Question

13th October 2021, 5 years ago | 35

Hi, We moved into a property on a Friday afternoon, when we came in we noticed that the main lock...

Helping a family member and tenant?

Author: Readers Question

12th October 2021, 5 years ago | 4

A family member is selling their property in order to now self-fund a much-needed operation, that he is unable to...

Lender says letting out as licenced HMO breaches terms and conditions?

Author: Readers Question

11th October 2021, 5 years ago | 23

I am a residential landlord of a small portfolio of buy-to-let properties in London. I purchased my most recent property...

Receiving a property gift – What to do next and how to do it?

Author: Readers Question

11th October 2021, 5 years ago | 2

Hi, My parents will be gifting a property to me in the not too distant future, and I just wanted...

Smart company set up and maintenance costs?

Author: Readers Question

11th October 2021, 5 years ago | 0

Hi Property118, I am interested in setting up a Smart property company structure with a holding company and SPVs (Single...

Refinancing a modest but thorny commercial mortgage?

Author: Readers Question

8th October 2021, 5 years ago | 3

Hello fellow P118’s – I wonder, can anybody help with a thorny little problem that we have? We need to...

How on earth are landlords expected to carry on with no safeguards?

Anything else we can use so that my friend can feel more secure?

Author: Readers Question

8th October 2021, 5 years ago | 2

Hi, I own a rental property with a friend. The investment is 50/50. The property and the mortgage are in...

Right to rent follow up check when tenant is renewing visa?

Author: Readers Question

7th October 2021, 5 years ago | 0

Hi, My tenant’s UK work permit visa expired a few months ago, and I’m conducting a following up Right to...

Unfair demands/treatment from managing agent and their lawyer?

Author: Readers Question

6th October 2021, 5 years ago | 11

Dear All, I am a leaseholder in a large building, and pay my half-yearly service charges on receipt of emailed...

Tenancy Agreements – Agents v Landlords?

Author: Readers Question

5th October 2021, 5 years ago | 36

For the majority of my properties I use my own Tenancy Agreement (TA), established over time with updates as and...

Unless 3 x the deposit is more than the small claims limit the Part 36 offer is a bluff

Author: Readers Question

5th October 2021, 5 years ago | 10

Landlords who fail to protect tenancy deposits and to serve Prescribed Information Forms correctly may be liable for a penalty....

Cash purchase, renovate then refinance with Ltd co mortgage?

Author: Readers Question

5th October 2021, 5 years ago | 10

I currently have a small portfolio with my partner as a partnership. We are just under the threshold for section...

BTL purchase inside a new LLP?

Author: Readers Question

4th October 2021, 5 years ago | 4

Hi, I am looking to purchase a new Buy to Let investment property. However, I would like to make the...

One HMO tenant left after Section 21?

Author: Readers Question

4th October 2021, 5 years ago | 19

I own a 6 bed HMO and wish to renovate it and rent out as a whole house. Having served...