Readers Question

Removal of restriction from leasehold property?

Author: Readers Question

17th March 2020, 6 years ago | 0

I am currently trying to get a secure loan against my property. Everything is fine from the loan side my...

Covid-19 will crash my student BTL business?

Author: Readers Question

17th March 2020, 6 years ago | 15

The majority of my BTL portfolio is offered to students. Following the recent switch to online teaching and exams by...

Spouse Property transfers and SDLT?

Author: Readers Question

17th March 2020, 6 years ago | 12

I am led to believe spouse property transfers are Capital Gains exempt. I also understand if the property transfer is...

property118

Should we consider a Capital Account Restructure?

Author: Readers Question

16th March 2020, 6 years ago | 18

Dear Property118. When my husband and I first started investing into rental property in the mid 1990’s we invested £250,000...

To install gas central heating or not?

Author: Readers Question

16th March 2020, 6 years ago | 15

I have been planning to have gas central heating installed later this year, in a 1st floor, 2 bed flat...

How to address loss of income from car parking space?

Author: Readers Question

16th March 2020, 6 years ago | 19

We own a flat, with underground car park, which we let out (independent of the flat) as most of the...

Coronavirus has crashed my tenant’s business

Author: Readers Question

16th March 2020, 6 years ago | 4

My tenant is an European national who has a holidays business across Europe. He tells me it has crashed due...

Tenants own business supplying lighting to large scale events?

Author: Readers Question

16th March 2020, 6 years ago | 3

If Covid19 gets a bad as it has in Italy I’m sure many people will find themselves temporarily out of...

Budget implications on holiday lets?

Author: Readers Question

12th March 2020, 6 years ago | 6

I have just been watching the new Chancellor’s Budget speech and I was particularly interested in the proposals for business...

HB payments while tenant in prison?

Author: Readers Question

10th March 2020, 6 years ago | 9

I had a call from the Probation Service yesterday asking if I had any objection to my tenant returning to...

Mortgage holiday?

Author: Readers Question

10th March 2020, 6 years ago | 2

I’m a large Buy to Let HMO landlord renting room by room in Aberdeen and have already been hit with...

Called out Repairman – Nothing wrong – Can we charge tenant?

Author: Readers Question

10th March 2020, 6 years ago | 9

The other week we had a report from the tenant saying that the dishwasher wasn’t working. We asked them to...

Planning permission and licence applications?

Author: Readers Question

10th March 2020, 6 years ago | 5

Waltham Forest have made changes to their renewed licence scheme that comes into effect on 1st May such that additional...

How should I respond to the court as I need to sell?

Author: Readers Question

10th March 2020, 6 years ago | 2

I’m going through some financial challenges and the best way out was to sell my Buy to Let property. I...

Mortgage lender insisting on 6 month AST for product renewal?

Author: Readers Question

10th March 2020, 6 years ago | 6

My Buy to Let mortgage is coming up for renewal in June. My existing tenancy agreement ends in mid May....

No housing benefit but what if they need it during tenancy?

Author: Readers Question

10th March 2020, 6 years ago | 18

We do not accept housing benefit and always make sure that tenants are working. We also put on our lease...

Landlord not aware of Nottingham Licensing – Help?

Author: Readers Question

9th March 2020, 6 years ago | 4

I have a client who has just approached me with a problem. He moved to London 2 years ago and...

EWS1 reports – yet another concern for HMO owners?

Author: Readers Question

9th March 2020, 6 years ago | 3

We are in the process of selling a leasehold flat, and have been asked to provide an EWS1 form which,...

County Durham to be hit by largest Selective Licensing proposal yet!

Author: Readers Question

9th March 2020, 6 years ago | 3

The proposed scheme will cover 51,000 properties across County Durham! Landlords will have to pay up to £590 for each...

Can directors charge interest on loans offered to Ltd co?

Author: Readers Question

6th March 2020, 6 years ago | 5

As a director of a Limited company can I charge interest on loans offered to my company and what is...

Freehold to new leasehold flat?

Author: Readers Question

6th March 2020, 6 years ago | 7

I am looking to purchase a converted house that is showing on land registry as 20 and 20a. However, this...