Readers Question

Adding new tenant to existing tenancy and costs?

Author: Readers Question

21st January 2020, 6 years ago | 4

I have a tenant asking to add another person to her existing tenancy. 1. Is there any way other than...

Pulled out again due to onerous Ground Rent increases

Author: Readers Question

21st January 2020, 6 years ago | 18

I have just pulled out, again, from the purchase of a new-build flat due to the onerous Ground Rent increases...

Nottingham Selective Licensing payment upfront!

Author: Readers Question

21st January 2020, 6 years ago | 12

I’m posting an email a fellow landlord sent to Nottingham Council which highlights one of many issues of their scheme....

Rent guarantor service – Should I proceed?

Author: Readers Question

20th January 2020, 6 years ago | 8

I have been a landlord for over 20 years and I generally manage my properties without using an agent. We...

Assistance dog increase?

Author: Readers Question

20th January 2020, 6 years ago | 34

I am increasingly having potential tenants come to me with requests for housing, but with ‘assistance’ dogs in tow. I...

Rental Income – Sole Owner’s main residence?

Author: Readers Question

20th January 2020, 6 years ago | 3

Hi, I have read several threads on property 118 forum and found very helpful and informative. I have bought a...

R2R lease agreement – 5 or 7 years ?

Author: Readers Question

20th January 2020, 6 years ago | 2

The rent to rent arrangement that I have (as the property owner) works very well and has done for almost...

Class 4 NIC automatically generated on Tax Return?

Author: Readers Question

16th January 2020, 6 years ago | 3

Is Class 4 NIC due on a UK property tax return? I know this question was asked only last year...

Do I pay CGT if I sell to a friend at minimum value

Author: Readers Question

16th January 2020, 6 years ago | 13

I know that if I sell a property (never lived in it) to my son for what I paid for...

Declaration of Trust and Allowable Expenses

Author: Readers Question

15th January 2020, 6 years ago | 5

Hello, I am the legal owner of a buy-to-let property with a mortgage. We have just welcomed a child and...

How should I best dispose of portfolio held in a UK ltd co?

Author: Readers Question

15th January 2020, 6 years ago | 9

I am selling a portfolio of seven houses, some split into flats. The portfolio has been recently valued at around...

Is size everything?

Author: Readers Question

15th January 2020, 6 years ago | 7

If you rent out a house as a whole (and not by room) is there an ‘official’/universal minimum agreement on...

Buying land with boundary and title complications?

Author: Readers Question

13th January 2020, 6 years ago | 6

I am looking at a plot of registered land, which is available at a very good price. However, I spoke...

Pension pot property?

Author: Readers Question

13th January 2020, 6 years ago | 9

Early pension pot potential? It is by no means a fortune, but I can access £50,000 of my pension fund...

Transferring BTL back to a residential repayment mortgage?

Author: Readers Question

13th January 2020, 6 years ago | 2

I had a repayment mortgage when I myself bought my home in 2002. I bought another house with my boyfriend...

5 Weeks Deposit and Pet Deposits

Author: Readers Question

13th January 2020, 6 years ago | 6

Hi fellow landlords.. just trying to keep up with the changes. I have a couple of existing tenants who thankfully...

Letting agents pass key without deposit, advanced rent and signed contract

Author: Readers Question

13th January 2020, 6 years ago | 9

My letting agents gave my key to a new tenant without receiving the deposit and advance rent and before signing...

Law Commission Report – enfranchisement

Author: Readers Question

9th January 2020, 6 years ago | 0

Just released – a long read for anyone interested. Options for reforming valuation in leasehold enfranchisement published by Law Commission:...

Short-term Lets to be Licensed in Scotland

Author: Readers Question

9th January 2020, 6 years ago | 9

Scottish Government Press Release confirming plan to implement regulation of the short-term letting sector through licensing. Despite the consultation feedback...

Best way to enforce judgement?

Author: Readers Question

9th January 2020, 6 years ago | 1

I was recently awarded possession and a money judgement and a warrant for possession was issued a few weeks ago...

R2R exit strategies?

Author: Readers Question

8th January 2020, 6 years ago | 4

Hi everyone, I was wondering whether anyone could provide insight on a question I’ve been asking myself for a while...