Readers Question

Helping a family member and tenant?

Author: Readers Question

12th October 2021, 5 years ago | 4

A family member is selling their property in order to now self-fund a much-needed operation, that he is unable to...

Lender says letting out as licenced HMO breaches terms and conditions?

Author: Readers Question

11th October 2021, 5 years ago | 23

I am a residential landlord of a small portfolio of buy-to-let properties in London. I purchased my most recent property...

Receiving a property gift – What to do next and how to do it?

Author: Readers Question

11th October 2021, 5 years ago | 2

Hi, My parents will be gifting a property to me in the not too distant future, and I just wanted...

Smart company set up and maintenance costs?

Author: Readers Question

11th October 2021, 5 years ago | 0

Hi Property118, I am interested in setting up a Smart property company structure with a holding company and SPVs (Single...

Refinancing a modest but thorny commercial mortgage?

Author: Readers Question

8th October 2021, 5 years ago | 3

Hello fellow P118’s – I wonder, can anybody help with a thorny little problem that we have? We need to...

How on earth are landlords expected to carry on with no safeguards?

Anything else we can use so that my friend can feel more secure?

Author: Readers Question

8th October 2021, 5 years ago | 2

Hi, I own a rental property with a friend. The investment is 50/50. The property and the mortgage are in...

Right to rent follow up check when tenant is renewing visa?

Author: Readers Question

7th October 2021, 5 years ago | 0

Hi, My tenant’s UK work permit visa expired a few months ago, and I’m conducting a following up Right to...

Unfair demands/treatment from managing agent and their lawyer?

Author: Readers Question

6th October 2021, 5 years ago | 11

Dear All, I am a leaseholder in a large building, and pay my half-yearly service charges on receipt of emailed...

Tenancy Agreements – Agents v Landlords?

Author: Readers Question

5th October 2021, 5 years ago | 36

For the majority of my properties I use my own Tenancy Agreement (TA), established over time with updates as and...

Unless 3 x the deposit is more than the small claims limit the Part 36 offer is a bluff

Author: Readers Question

5th October 2021, 5 years ago | 10

Landlords who fail to protect tenancy deposits and to serve Prescribed Information Forms correctly may be liable for a penalty....

Cash purchase, renovate then refinance with Ltd co mortgage?

Author: Readers Question

5th October 2021, 5 years ago | 10

I currently have a small portfolio with my partner as a partnership. We are just under the threshold for section...

BTL purchase inside a new LLP?

Author: Readers Question

4th October 2021, 5 years ago | 4

Hi, I am looking to purchase a new Buy to Let investment property. However, I would like to make the...

One HMO tenant left after Section 21?

Author: Readers Question

4th October 2021, 5 years ago | 19

I own a 6 bed HMO and wish to renovate it and rent out as a whole house. Having served...

RTM Accountant to check service charges?

Author: Readers Question

1st October 2021, 5 years ago | 4

I’m just taking a block through the Right to Manage, and we are at the stage of informing the Freeholder....

One bad apple?

Author: Readers Question

1st October 2021, 5 years ago | 12

I know this is an issue that every landlord encounters at some point, unfortunately, it’s now my turn to deal...

What is the best way to gift properties to family?

Author: Readers Question

30th September 2021, 5 years ago | 9

Hi, I would like to gift one property to each of my two adult daughters from my portfolio. Neither property...

Setting up a Mixed Partnership Structure?

Author: Readers Question

29th September 2021, 5 years ago | 5

My wife and I are both higher rate taxpayers and currently hold a portfolio of 9 BTL properties in joint...

Purchase of second home in Family Trust for son?

Author: Readers Question

28th September 2021, 5 years ago | 4

Hi All, My wife and I have a small property portfolio held in an LLP. We are in the process...

HMO licence tenants say they are related – Cousins?

Author: Readers Question

27th September 2021, 5 years ago | 5

I have a three-bedroom flat and the single room does not meet the council’s new imposed minimum room size of...

Local council is offering to lease my flats?

Author: Readers Question

24th September 2021, 5 years ago | 19

Hi everyone, My local council is offering to lease my flats on an interim lease agreement, whereby they would use...

The Telegraph needs help from investors

Author: Readers Question

22nd September 2021, 5 years ago | 1

Hello, my name’s Melissa Lawford, I’m the property correspondent at The Telegraph. I’m writing an article about how the pandemic...