Readers Question

Backing out of new agents fees?

Author: Readers Question

28th October 2016, 10 years ago | 6

I have a property in Kent and have been having issues with my letting agent so I decided to change...

New property rental business and what costs can I deduct?

Author: Readers Question

28th October 2016, 10 years ago | 1

I created my property rental business back in March this year and currently only have 1 property in the business...

Partial gift of property to tenant who is also my son?

Author: Readers Question

27th October 2016, 10 years ago | 4

One of my tenanted properties is occupied by my son and his wife. The property is conservatively valued at £250,000....

Are we tenants or lodgers?

Author: Readers Question

27th October 2016, 10 years ago | 11

My boyfriend and I have just moved to London and have found a room to rent in a flatshare. Being...

Tenant on housing benefit says she is moving out early

Author: Readers Question

27th October 2016, 10 years ago | 7

I have a tenant on housing benefit that has handed in notice of 4 weeks even though she has 5...

Freeholders refuse to transfer title trying to cause distressed sale?

Author: Readers Question

27th October 2016, 10 years ago | 5

I recently sold my property a share in a freehold. When I moved to the property I undertook a lot...

Joint Freeholders blocking sale to SPV?

Author: Readers Question

27th October 2016, 10 years ago | 1

I have made an offer for neighboring property that is a flat in a block of 4. I have a...

Guarantor not paying rent and bailiffs are backlogged?

Author: Readers Question

26th October 2016, 10 years ago | 31

My tenant who is on benefits is in arrears and the guarantor is not paying the rent. Do I take...

What are my options for Let to Buy?

Author: Readers Question

25th October 2016, 10 years ago | 1

I read this wonderful website and it’s so helpful half of my knowledge as landlord is coming from here. So...

How to approach replacing a set of something when only one has been damaged?

Author: Readers Question

25th October 2016, 10 years ago | 10

The question arises in relation to pet damage caused to a kitchen unit door. The property was occupied as a...

Start up advice please for a property business?

Author: Readers Question

24th October 2016, 10 years ago | 3

First of all, thank you for creating and managing the web site which I find very useful in this changing...

Service charge arrears still haunting me?

Author: Readers Question

24th October 2016, 10 years ago | 0

I completed on a sale of a flat in 2009, received my first service charge invoice in 2013 with backdated...

Damage deposit from DSS tenants?

Author: Readers Question

24th October 2016, 10 years ago | 16

Getting a deposit from tenants with no assets has always been a problem, but for those of us who let...

Leaseholder in Australia not paying service charge/ground rent on time?

Author: Readers Question

24th October 2016, 10 years ago | 3

I live in a property with 3 flats. One of the flat owners owns the share of freehold of the...

Divorce and Transfer Of Assets For Tax Planning Purposes

Author: Readers Question

21st October 2016, 10 years ago | 4

I hope you will not mind me posting anonymously but you will understand when you read my question. I read...

property118

How long to sell first property to get a stamp duty refund? 3 years?

Author: Readers Question

21st October 2016, 10 years ago | 4

We have decided to let out our primary home as we have now had two buyers pull out and we’re...

A right mess to sort out

Author: Readers Question

21st October 2016, 10 years ago | 7

Ok….I’ve got a right mess to try and sort out. I had a couple move into my property 18 Months...

Buying Freehold in mews property

Author: Readers Question

21st October 2016, 10 years ago | 4

Can anyone help me with this question please? I Own a leasehold flat in a mews property that has been...

Stamp Duty on second property workaround?

Author: Readers Question

21st October 2016, 10 years ago | 9

I am very new to the idea of buying a property to rent so please excuse me if my questions...

Should I wait 2 years or appeal to freeholder for lease extension?

Author: Readers Question

20th October 2016, 10 years ago | 3

I’ve recently completed on a flat with an 87 year lease; I want to extend this lease, but should I...

Does 2nd Charge affect Ist Charge Loan To Value (LTV)?

Author: Readers Question

20th October 2016, 10 years ago | 5

I currently have 4 Mortgages with one of High Street Leading Bank on Buy To Let basis. The LTV has...