Readers Question

I may have to sell after Council Tax reassessment increase of £100pm per room?

Author: Readers Question

27th March 2017, 9 years ago | 42

I have 5 large properties in Aberdeen which I let out room by room to long and short term professionals....

Am I responsible for Council Tax if agent can’t provide records?

Author: Readers Question

27th March 2017, 9 years ago | 7

I have had a full property management contract with a property company. They have recently sold the business to another...

Finance Bill 2017 brings foreign owners into IHT net

Author: Readers Question

24th March 2017, 9 years ago | 1

The provisions of the Finance Bill 2017 seem to mean non-UK domiciled people and companies are brought into the IHT...

Wall hung letter box in corridor disallowed?

Author: Readers Question

24th March 2017, 9 years ago | 7

I have just bought a leasehold flat and fitted a wall hung letterbox on the wall in the corridor right...

Council car parking rip off for HMO – Help!

Author: Readers Question

24th March 2017, 9 years ago | 14

I’ve just been informed by my local council that I need on street parking permit for each tenant in my...

Does renting my property to a SPV avoid liability?

Author: Readers Question

23rd March 2017, 9 years ago | 1

I believe that by letting out properties in my own name I am potentially subject to unlimited liability lawsuits from...

Selling a share of my Buy to Let property?

Author: Readers Question

20th March 2017, 9 years ago | 1

I am thinking of selling a share in my Buy to Let house as there seem to be some obvious...

Can I leave a bad letting agent that has not protected the deposit?

Author: Readers Question

20th March 2017, 9 years ago | 14

I am unfortunately stuck with a horrendous letting agent, but have a great tenant. The agent regularly pays late even...

Buying a Property in Trust for our son – Land Transaction Return Form

Author: Readers Question

20th March 2017, 9 years ago | 15

We are in the process of purchasing a property for our son and are using a Discretionary Trust with a...

Asbestos missed in Homebuyers report?

Author: Readers Question

20th March 2017, 9 years ago | 14

My friends recently purchased a property and were looking to extend living accommodation into the garage. However, a builder has...

Monday Channel 4 Dispatches 8pm “The Benefit Cap”

Author: Readers Question

19th March 2017, 9 years ago | 0

Monday Channel 4 Dispatches 8pm. The Benefit Cap. It’s got one of my tenants on the programme who was affected...

The Goose that laid the golden egg

Author: Readers Question

16th March 2017, 9 years ago | 7

I am a private landlord with half a dozen properties in London and no other income beyond the rental income....

Should I sue the plumber or the owner of the flat above?

Author: Readers Question

16th March 2017, 9 years ago | 7

I own a number of properties. In December we had a water leak into one of our properties coming from...

Financing and interest relief to start a limited company portfolio?

Author: Readers Question

16th March 2017, 9 years ago | 2

I have a question about financing. I am a small time landlord with a handful of properties about to remortgage....

Query on debentures for ltd company mortgages

Author: Readers Question

16th March 2017, 9 years ago | 7

Just wondering if anyone has any experience with Aldermore’s debenture requirements on a ltd company buy to let mortgage? I...

Bankrupt tenant allowed to keep deposit despite arrears?

Author: Readers Question

16th March 2017, 9 years ago | 12

I have a tenant who (thankfully) vacated last weekend, owing two months unpaid rent , and left the flat in...

property118

PRS research by The Institute for Public Policy Research

Author: Readers Question

15th March 2017, 9 years ago | 8

I receive the email below from Generation Rent, and thought it might be useful to get input from the tenants...

CGT question on ex-marital home

Author: Readers Question

15th March 2017, 9 years ago | 5

Hi, Please could you advise me on a CGT position on my husband’s ex-marital home that he has owned for...

Annoyed Readers Question

Author: Readers Question

14th March 2017, 9 years ago | 14

My cousin is 28 and an FTB in a relatively cheap area (2 bed terraces £125-135k). She has a 20k...

Informed of deceased tenant by council

Author: Readers Question

13th March 2017, 9 years ago | 2

Dear All, Sadly I have just found out via the local authority that my tenant has passed away. I recently...

HMO property management and accounting software?

Author: Readers Question

13th March 2017, 9 years ago | 13

I have a portfolio of 9 HMO’s and the family as a whole has more which we self manage. I...