Readers Question

Moving parents into an FHL – what would I owe to HMRC

Author: Readers Question

16th November 2017, 9 years ago | 1

I’ve a tax question concerning furnished holiday lets and personal occupation In 2016 I bought a flat and spent £20k...

Partner terminally ill

Author: Readers Question

15th November 2017, 9 years ago | 8

My partner and I own 10 rental properties. All the title deeds and mortgages are in her name as I...

How to gain vacant possession when ex-partner has remained?

Author: Readers Question

15th November 2017, 9 years ago | 1

Hi, I’m a property sourcer/trader looking to resolve a legal situation with a purchase to gain vacant possession of a...

Retrospective Stamp Duty after change of use?

Author: Readers Question

15th November 2017, 9 years ago | 1

Suppose I decide to nominate a former rental property long in my possession as my main home within the permitted...

Tradesman sends invoice 6 months late – I have no recollection of job?

Author: Readers Question

14th November 2017, 9 years ago | 12

I have a few properties in London; I manage the properties myself mostly, and so I often engage the services...

The Police and Council have moved my tenant without telling me?

Author: Readers Question

13th November 2017, 9 years ago | 8

Hi, Can anybody help me? About 4 months ago my tenant rang me to ask if I had any other...

Issue with Management company random charges?

Author: Readers Question

13th November 2017, 9 years ago | 10

Have a couple of flats in one block. The typical lease fee was £195 every quarter. The solicitors acting on...

Illegal AST clause?

Author: Readers Question

13th November 2017, 9 years ago | 13

My daughter is at university and an agent has just sent an AST to sign with the follow clause; “In...

Can anyone share their experience of similar projects

Author: Readers Question

9th November 2017, 9 years ago | 1

Hi, I recently purchased (Aug ‘17) a property in Blackpool which has historically been converted into 5 self contained apartments....

Splitting and refinancing?

Author: Readers Question

9th November 2017, 9 years ago | 4

We own a free hold block of 11 flats in Birmingham area. When we bought the property it was derelict....

Can I deduct my time as an expense if I perform emergency repairs?

Author: Readers Question

8th November 2017, 9 years ago | 12

My tenants arrived back from hols to find water pouring in through a leaking roof vent down via a 9inch...

Personal to Limited Company

Author: Readers Question

8th November 2017, 9 years ago | 4

We are the process of change from personal to limited for our property portfolio. Do all of the properties need...

Repossession of your property for non-mortgage debt?

Author: Readers Question

7th November 2017, 9 years ago | 1

An article from Mortgage Strategy which explains that six of the top ten lenders say they use ‘all monies charges’...

Letter to my MP on recent Government meddling in the PRS

Author: Readers Question

6th November 2017, 9 years ago | 5

Subject: DCLG Secretary of State misguided Perceptions Dear Mr Johnson, Mr Javid was recently quoted at a Conservative party conference...

Council Licensing scheme – Money maker?

Author: Readers Question

6th November 2017, 9 years ago | 26

I’m in Brent and being charged for licensing EACH of my buy to let properties. The amounts are extortionate !!...

Are my wife and I a property rental BUSINESS?

Author: Readers Question

5th November 2017, 9 years ago | 6

Dear Mark The crux of the issue regarding putting BTL properties into a company seems to be whether HMRC will...

Mortgage lenders for 10+ property portfolio other than TMW

Author: Readers Question

3rd November 2017, 9 years ago | 18

Hi is anyone aware of any mortgage lenders available for a 10+ portfolio with values from £50k other than TMW...

Massive cost after Grenfell cladding found on my building?

Author: Readers Question

2nd November 2017, 9 years ago | 43

The Grenfell fire has quite rightly forced all owners of high-rise blocks of flats to consider their safety, and in...

Small Claims Court for time and earnings?

Author: Readers Question

31st October 2017, 9 years ago | 7

Hello, long time lurker here. I own the leasehold on an ex-Local Authority flat. The flat above mine, which is...

Ltd Company or Personal Name for newbie buying for cash?

Author: Readers Question

31st October 2017, 9 years ago | 8

I’m 23 years old, just finished under-graduate university and currently unemployed. Starting a Masters degree in property in Sept 18....

Tenants not signing contract – Where do I stand?

Author: Readers Question

31st October 2017, 9 years ago | 5

I have some tenants who have failed to sign the renewed shorthold tenancy agreement that I have signed and issued...