Readers Question

Extortionate ground rent review increase by 2840%

Author: Readers Question

20th July 2015, 11 years ago | 7

I’ve been served with a notice for a ground rent increase from £50 to £1470 by my landlord for a...

Selling up and buying in the South East due to the Welsh landlord license

Author: Readers Question

20th July 2015, 11 years ago | 6

Firstly what a great site this is ! I currently own three properties in South Wales which soon I will...

Can rental profit become ‘earned’ income?

Author: Readers Question

20th July 2015, 11 years ago | 19

I was wondering about the pros and cons of setting up a property management or lettings business to run my...

Is this a legit way to minimise tax?

Author: Readers Question

16th July 2015, 11 years ago | 9

I have been told by a ‘property accountant’ that its perfectly reasonable for me to: – buy a property cash...

How are service charges apportioned between units in mixed-use blocks?

Author: Readers Question

16th July 2015, 11 years ago | 1

I own a leasehold retail unit that is one of four along the front of a modern mixed-use building with...

Buy to let mortgage dilemma- transfer of equity?

Author: Readers Question

15th July 2015, 11 years ago | 6

I wondered if anybody has experience of can advise on the following: My sister and I started building a property...

Buying property with DSS tenant – steps to safeguard myself?

Author: Readers Question

15th July 2015, 11 years ago | 5

I am in the process of buying a 3 bed house where the tenant has been in 4.5 years and...

Property Inventory Software for Windows platform

Author: Readers Question

14th July 2015, 11 years ago | 2

Does anybody know of a reliable software for property inventories that runs on windows rather than just android or i-phone...

Trapped in negative equity

Author: Readers Question

14th July 2015, 11 years ago | 4

I bought a flat in Glasgow in 2005 valued at over £200,000, I bought off plan for £154,350. after cash...

SDLT on purchase by trading property company

Author: Readers Question

14th July 2015, 11 years ago | 0

Is this true now? The 15% rate doesn’t apply to property bought by trustees of a settlement or bought by...

Tax relief on loan when buying off-plan

Author: Readers Question

14th July 2015, 11 years ago | 2

If I have an existing rental business and I purchased a property off plan to add to my portfolio, with...

Agent fees on property sold to tenant

Author: Readers Question

13th July 2015, 11 years ago | 1

I have just been made an offer from my current tenant to buy the house he is renting from me....

Is a tenancy voidable as fraud if tenant lies on application?

Author: Readers Question

13th July 2015, 11 years ago | 41

If a tenant told lies when they applied for a property, and these lies contributed to the landlord’s decision to...

Solicitors Tricks To Increase Fees and Income

Author: Readers Question

13th July 2015, 11 years ago | 10

I think most people are aware of the games Solicitors play to increase income; the most popular one being you...

More Benefits Caps – Implications to LHA Landlords?

Author: Readers Question

9th July 2015, 11 years ago | 33

I am a landlord in the North East, most of my tenants are benefits claimants. When the new £20,000 benefit...

Holding Deposit – Help

Author: Readers Question

9th July 2015, 11 years ago | 10

Myself and my partner put a Holding Deposit of £500 on property last week. We signed no terms and conditions...

Hazard Awareness Notice – how to respond?

Author: Readers Question

9th July 2015, 11 years ago | 8

I own a flat in London which I rent out – and recently received a Hazard Awareness Notice from the...

Recovering Property Sourcing Company fees for no show

Author: Readers Question

8th July 2015, 11 years ago | 2

Hi all, I am a newly registered member here. I paid nearly £7k to an established property sourcing company in...

Councillor assisting tenant in private civil case

Author: Readers Question

8th July 2015, 11 years ago | 41

I am currently taking two separate tenants (or rather their guarantors) to Court, one over arrears and the other for...

HCEO’s What has been your experience?

Author: Readers Question

8th July 2015, 11 years ago | 141

Last year I obtained a CCJ against a guarantor which I subsequently upgraded for enforcement by HCEO’s (High Court Enforcement...

Buying the Freehold is it silly or impossible?

Author: Readers Question

7th July 2015, 11 years ago | 15

I have come across a block of flats that has 3 of its flats up for sale. I am trying...