Readers Question

Changed my mind landlord not moving now?

Author: Readers Question

3rd September 2018, 8 years ago | 18

Hi Property118, I have tenant that has given the required notice to vacate on the 20th September. However he has...

Service charge arrears – What can we do?

Author: Readers Question

3rd September 2018, 8 years ago | 2

1 property – 3 leashold flats with 2 of us owning the share of freehold. The owner of the flat...

Tenant asking for hardship compensation over bins?

Author: Readers Question

31st August 2018, 8 years ago | 26

I became a landlord in May 2018 as I moved in with my partner into Central London. I own a...

Continue with possession hearing after Deed of Surrender?

Author: Readers Question

30th August 2018, 8 years ago | 3

A Tenant of mine who is in substantial arrears has agreed to give up the property via Deed of Surrender...

60/40 split?

Author: Readers Question

30th August 2018, 8 years ago | 0

If we, the only leaseholders (fyi) and the landlord have a 60/40 split on service charge items should the landlord...

Help – Money Pit Portfolio?

Author: Readers Question

30th August 2018, 8 years ago | 5

We have a portfolio of nine properties all over UK, bought in 2007, interest only mortgages. Half are nice little...

Tenant in, no agreement and agent not sending rent?

Author: Readers Question

30th August 2018, 8 years ago | 6

I have recently let out a flat through an agent. The agreement was to charge an all in fee which...

Room to build?

Author: Readers Question

30th August 2018, 8 years ago | 2

As a BTL investor I have turned recent attention to refurbishment and development. The aim has been to generate more...

Local Authority sits by as freehold co. breaks law and LTA?

Author: Readers Question

29th August 2018, 8 years ago | 12

One of my rentals is a leasehold flat, there are 18 in the building, which is run by its Co-owners,...

Past Service Charges – Tribunal conclusion?

Author: Readers Question

29th August 2018, 8 years ago | 15

Hope I can get some advice, which is always appreciated from the 118 community Briefly, our freeholder took us to...

Subsidence on prospective neighbouring property?

Author: Readers Question

28th August 2018, 8 years ago | 3

My wife and I have had our offered on a property accepted by the vendor. The problem lies in the...

Looking for help with MX appointing receivers?

Author: Readers Question

28th August 2018, 8 years ago | 2

For anyone looking for help with Mortgage Express appointing receivers. Check who signed the paperwork for the appointment. Did they...

Serving S21 when you have not given tenants right paperwork upfront

Author: Readers Question

28th August 2018, 8 years ago | 17

If you are one of slightly lazy landlords like I am at times, who allowed new tenants to move in...

Refurbishment to make flats more modern and energy efficient?

Author: Readers Question

23rd August 2018, 8 years ago | 0

I decided to start a refurbishment program to make the Flats more modern and more energy efficient. I replaced the...

Taxi company or sole trader?

Author: Readers Question

23rd August 2018, 8 years ago | 2

I am buying a detached property for slightly over the property value as it has land that had planning permission...

Tenant too young to look after property

Author: Readers Question

22nd August 2018, 8 years ago | 9

Hi all, I am a newbie here and in the properties business. I bought my first property 3 years ago...

Min space standards for unlicenced HMO?

Author: Readers Question

21st August 2018, 8 years ago | 8

Contradictory information online regarding the new space standards that apply from 1 October in relation to non licenced hmo’s. Specifically...

Relief from higher rate SDLT for spouse transfers – true or false?

Author: Readers Question

21st August 2018, 8 years ago | 3

I would like to transfer my 50% interest in a mortgaged BTL to my spouse who already owns the other...

Our property tax strategy finally has clarity

Author: Readers Question

21st August 2018, 8 years ago | 2

For far too long now my husband and I have been worrying about section 24 and tax on capital gains....

Can I pay all my tax in the Isle of Man

Author: Readers Question

20th August 2018, 8 years ago | 3

I live and am a resident on the Isle of Man for over 10 years. My pensions from the UK...

Agent and redress scheme horror story!

Author: Readers Question

20th August 2018, 8 years ago | 3

I’d like to report about a situation of great gravity where an estate agent placed not only myself but tenants...