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How much to charge myself for lease renewal?

How much to charge myself for lease renewal?

I own a 1 bed flat in Walthamstow that is part of a converted house, with one other flat above. As part of the sale, in 2003, I gained the freehold for both properties. The lease agreement for both flats...

10:45 AM, 16th February 2014, About 11 years ago |  11

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Is Leaseholder or Freeholder owner of property?

Is Leaseholder or Freeholder owner of property?

I inherited a freehold building with two flats when my mother died. I wanted to draw finance from one of the flats for a deposit on another property. In order to do this I was told by my financial adviser...

10:20 AM, 16th February 2014, About 11 years ago |  2

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Should the new person renting be a Tenant or Lodger?

Should the new person renting be a Tenant or Lodger?

My husband and I are about to buy a 2 bedroom flat for our daughter who will use the living room as a bedroom, the small bedroom will be used by us when we visit the city from time to time and we propose...

9:54 AM, 16th February 2014, About 11 years ago |  31

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Mice in rental property 4 months into tenancy

Mice in rental property 4 months into tenancy...

I would like some clarification as to who is responsible for dealing with mice in the property please. The tenant has been in since September and in late January, she discovered mice droppings in her wardrobe.

12:40 PM, 14th February 2014, About 11 years ago |  25

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Trust me – I am a landlord

Trust me – I am a landlord...

My tenant wants some long term assurances of tenure I’ve been renting properties for several years and I always advertise that I’m looking for long term tenants. I reference my tenants properly...

11:34 AM, 14th February 2014, About 11 years ago |  12

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What is the best way to sell a tenanted property?

What is the best way to sell a tenanted property?

I have a property which I really need to sell. The trouble is, it is tenanted to a Housing Benefit tenant and I know this will make it difficult. If I went down the traditional Estate Agent route...

8:30 AM, 14th February 2014, About 11 years ago |  12

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Homeless Homeowner – the law supports lawlessness

Homeless Homeowner – the law supports lawlessness...

In an attempt to keep this brief, I have been renting my flat to my current tenants for almost 4 years. Last year I informed them that I will be needing the property. Their tenancy agreement was renewed...

7:33 AM, 14th February 2014, About 11 years ago |  64

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Landlord tax planning – allocating property income to wife

Landlord tax planning – allocating property income to wife...

I am a 40% tax payer and rent out two properties. To minimize my tax bill I want to allocate some of the income from the properties to my wife who is currently not earning and so has her full tax free...

14:19 PM, 13th February 2014, About 11 years ago |  1

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Storm damage – guttering on neighbouring property

Storm damage – guttering on neighbouring property...

Hi all, I wonder if any of the more legally minded here could help… The house next door to one of my renters appears to be vacant, maybe going through probate I’m not sure.. Several roof slates...

12:33 PM, 13th February 2014, About 11 years ago |  17

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Anybody know about grants for central heating and windows?

Anybody know about grants for central heating and windows?

I have a property which was converted in to flats twenty years ago but the conversion stopped before any heating was put in. There isn’t any hot water or heating in either flat so is it possible...

8:35 AM, 12th February 2014, About 11 years ago |  24

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Late tenancy deposit protection fines

Late tenancy deposit protection fines...

I spoke to someone on the NLA helpline this morning who told me that the law is unambiguous – landlords registering deposits later than one month after receipt are liable to be sued for three times...

8:54 AM, 11th February 2014, About 11 years ago |  72

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Rental restriction placed in title deeds

Rental restriction placed in title deeds...

In 2012, I bought my first house from Places for People – long story short, I am now looking to move in with my girlfriend to her house and rent my property out. Therein lies the problem. In my Title...

13:10 PM, 10th February 2014, About 11 years ago |  40

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My tenant stabbed his wife and trashed my property

My tenant stabbed his wife and trashed my property...

I have joint tenants who signed a 12 month assured shorthold tenancy agreement. They have been in the property nearly five months. They have always been late paying their rent and have not paid this...

10:28 AM, 10th February 2014, About 11 years ago |  30

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Data Protection for Landlords and Tenants

Data Protection for Landlords and Tenants...

How does the Data Protection Act apply when it comes to landlords and tenants details ? With regard to the utilities, I have always notified the gas, electric and water suppliers and council tax office...

8:48 AM, 10th February 2014, About 11 years ago |  23

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Unfair contract terms in proposed tenancy agreement

Unfair contract terms in proposed tenancy agreement...

Hello All, I’m hoping someone can maybe help me. I’ve recently moved to Brighton, where the property market is very buoyant. I am moving into a property next week with a Letting Agency. There...

12:58 PM, 7th February 2014, About 11 years ago |  37

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Tax issues for expats transferring property to an overseas company

Tax issues for expats transferring property to an overseas company...

I am an expat, renting out my former residence in the UK. I am considering ‘donating’ the property to an off-shore company in my name. This is because CGT for expats is under review. I would...

11:50 AM, 6th February 2014, About 11 years ago |  2

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Avoid CGT by adding spouse to deeds?

Avoid CGT by adding spouse to deeds?

My wife and I jointly own several BTL properties, but one is owned solely in her name in order to maximise tax relief by using her basic rate unearned income tax allowance. We are proposing to sell one...

9:12 AM, 5th February 2014, About 11 years ago |  22

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Accidental Landlord Becomes Lifestyle Choice

Accidental Landlord Becomes Lifestyle Choice...

Following divorce I have found myself owning the former marital home in Newcastle but with my kids having moved to Manchester.  For entirely non-financial reasons I jacked in a very good job there and...

8:31 AM, 5th February 2014, About 11 years ago |  8

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Do landlords have to pay class 2 National Insurance?

Do landlords have to pay class 2 National Insurance?

We have three properties which we let out via a letting agent. My husband works full time and I have no other income. I am told that the tax man treats these properties as “investments”, (such...

18:53 PM, 4th February 2014, About 11 years ago |  48

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Does landlord or agent keep the holding deposit if a tenant pulls out?

Does landlord or agent keep the holding deposit if a tenant pulls...

Should a holding deposit be retained by the agent or the landlord? A tenant paid my agent just under two weeks rent as a holding deposit, but a week later had to pull out due to personal circumstances.

8:43 AM, 4th February 2014, About 11 years ago |  56

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