All posts by Readers Question
BTL borrower overexposure limits?
My husband and I jointly own a lovely Victorian terrace with 5 flats. We own the freehold (yes, in different name), as well as the leaseholds of all the flats as joint owners.
We did major renovations...
Deposit protection for already protected deposit?
I would like to seek the views and experiences of landlords on a particular deposit protection issue that I have come across. I have recently increased the rent on a property, which is on a rolling...
VAT when transferring small office to an LLP?
I am considering transferring a small office investment into a family LLP. The property has been opted for VAT. The property was bought with vacant possession recently and has remained vacant, this...
Will the ICO sanction my companies?
This morning I received five copies of ICO data protection fee reminder. The letter states that it is my ‘legal responsibility to pay the data protection fee.’
It then has a box with a...
Stamp duty on house including annex – more complex?
Hello, I have just had my offer accepted on a 3-bed end of terrace property that includes an attached 1-bed annex. My solicitor tells me to talk to my accountant for the stamp duty calculation as...
Am I breaching Let to buy conditions?
I am raising funds to buy a new main residence and wonder if my original flat is not rented, but left unoccupied by my wife and me, can we simply sell the property without being in breach of let to...
Can Guarantor give notice to end tenancy that has become...
We have stood guarantor for a rental property for almost 2 years to allow the tenant to build up their credit rating. Up to now, the AST has been renewed every 6 months, and we have had to resign as...
No maintenance charge no agreement?
I own a leasehold flat and the Freeholder ran the services and maintenance through a management company that he set up and there was an annual maintenance charge made.
The Freeholder has now dissolved...
Portfolio Landlord exploitation?
I have come to the end of my 5 years fixed mortgage product. At the time of taking the Mortgage, there was no such definition of Portfolio or Non-Portfolio Landlord (the one who owns more than 4...
Fobbed off by my local authority?
Hi all, Does anyone know the textbook answer on dealing with the following?
Despite numerous ignored phone calls and letters from myself and my gas engineer, we are unable to gain access to carry out...