Readers Question

property118

Charges on a prospective property purchase?

Author: Readers Question

7th October 2016, 10 years ago | 2

I’m new to this and appreciate all comments/ opinions in advance! In a nut shell I’ve seen a couple of...

Holding deposit practice?

Author: Readers Question

7th October 2016, 10 years ago | 2

Hello to all the property118ers, I wish to get some feedback on the demand for a holding deposit and pre-sale...

Tenant in arrears but I am not on AST for my own property?

Author: Readers Question

7th October 2016, 10 years ago | 7

Letting agents had found me a couple for a finders fee and they had a six month lease which was...

Setting up as an Inventory Clerk – a viable business ?

Author: Readers Question

7th October 2016, 10 years ago | 3

I’m considering setting up a business as an inventory clerk, producing check-in, mid-tenancy and check-out reports for either landlords or...

Dead of severance?

Author: Readers Question

6th October 2016, 10 years ago | 3

We are considering changing our property’s from Joint tenancy to Tenants in common. I am a higher rate tax payer,...

HMO rules – What is the worst case scenario for me?

Author: Readers Question

5th October 2016, 10 years ago | 19

I have a tenant who for the past year has been really playing up with his rental payments and thus...

Failed section 21 proceedings done on line

Author: Readers Question

4th October 2016, 10 years ago | 6

I have recently been to court to enforce a section 21 after the tenant didn’t move out on the required...

CGT for Holiday Let vs BTL?

Author: Readers Question

4th October 2016, 10 years ago | 4

We are considering turning a Holiday Let into a BTL. No mortgage, so no Clause 24 problem, but we are...

Can a theoretical deposit be relabelled rent?

Author: Readers Question

4th October 2016, 10 years ago | 36

A fellow landlord found themselves in the unenviable position of landing a tenant whose history was hidden but rapidly caught...

Council tax liability dates make no sense?

Author: Readers Question

4th October 2016, 10 years ago | 31

I have been billed for council tax for a void period. The tenant left on 31 August and a new...

Student lets tax penalty for offspring?

Author: Readers Question

3rd October 2016, 10 years ago | 7

A letting agent has just told me that there are new tax implications to having one’s student offspring living in...

New BTL purchases – current returns?

Author: Readers Question

3rd October 2016, 10 years ago | 10

I have been looking to take on another property for a few months, and am struggling to find something suitable....

Landlords affected by BREXIT research?

Author: Readers Question

3rd October 2016, 10 years ago | 4

I’m researching whether the referendum decision to leave the EU is affecting landlords. In particular whether landlords are a bit...

Mortgage Express terms ending – Does this mean trouble?

Author: Readers Question

3rd October 2016, 10 years ago | 7

My first Mortgage Express mortgage comes to an the end of its term September 2018 (it had a 20 year...

Mortgagee enforces Power of Sale – Help!

Author: Readers Question

3rd October 2016, 10 years ago | 4

I have a client who has today received a letter from his mortgagee stating they are enforcing power of sale...

Can this tenancy become periodic?

Author: Readers Question

29th September 2016, 10 years ago | 4

This is a query about whether this particular tenancy can become periodic. We have a flat which have let to...

Tenant now in prison and friend looking after property and cats?

Author: Readers Question

28th September 2016, 10 years ago | 13

I rent a small studio to a chap that I have discovered is in prison. He was obviously expecting it...

Suggestions after section 21 and house full of rubbish?

Author: Readers Question

28th September 2016, 10 years ago | 4

I have a tenant that has continually been in arrears and despite me coming to arrangements to assist , the...

New safety rules to further deplete our profits! surely not?

Author: Readers Question

28th September 2016, 10 years ago | 16

My letting agents are telling me that I need to comply with new rules relating to safety by the end...

Deposit Protection compulsory for sublet?

Author: Readers Question

28th September 2016, 10 years ago | 6

I recently sublet from a tenant with the consent of the landlord and sublet contract. A £1300 deposit was paid...

Clause 24 response from Tim Loughton MP

Author: Readers Question

28th September 2016, 10 years ago | 55

This is the response I received from my local Conservative MP from East Worthing, who obviously is another one who...