Mrs A

Registered with Property118.com
Monday 18th September 2017

Trading Status
Joint

Providing essential rental accommodation since
2008

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 9

Mrs A

10:51 AM, 3rd August 2019
About 2 months ago

Should I sell or take a Lifetime BTL mortgage ?

I think there’s also a change coming on CGT for those who have lived in their rental properties next April. There will be less CGT to pay if you sell before then than after.
In your shoes, I’d sell for sure. I’d like the cash, freedom of choice as to where to live (city/country/coast), no more tenants to deal with. I’d perhaps buy a few shares that pay dividends. So easy to sell shares when you want to, no unexpected maintenance costs or missing rental payments. Enjoy your retirement and nest egg!... Read More

Mrs A

10:52 AM, 24th October 2018
About 11 months ago

Please help with confusion over Building Regs and HMOs

I can only second what Derek T has said. Go straight to your local authority and have them stipulate the work that needs to be done. Each council will have their own standards, so if you have properties in different boroughs you should go with the advice of the individual councils. I had a positive experience with my council going through this process. They allowed around 6 months to make all the changes to convert to HMO and were helpful along the way.... Read More

Mrs A

9:38 AM, 29th September 2018
About 12 months ago

Mrs A

22:01 PM, 3rd September 2018
About A year ago

HMO tenant barricaded room and started £80,000 fire

Congratulations Ian on getting the result you needed!... Read More

Mrs A

8:55 AM, 24th August 2018
About A year ago

HMO tenant barricaded room and started £80,000 fire

Reply to the comment left by Ian Simpson at 24/08/2018 - 03:29
The Insurance Reform Act 2015
https://blog.lvbroker.co.uk/2015/04/08/insurance-act-reforms-2015-what-it-means-to-you/
https://blog.lvbroker.co.uk/2016/05/10/insurance-act-not-long-now/
http://www.legislation.gov.uk/ukpga/2015/4/contents/enacted
Your insurer will understand that any delay on their side potentially increases their liability towards your claim for rental income.
I believe that you should act as if you were uninsured to minimize the claim overall, so if you can possibly afford to go ahead with fire alarms, etc, you should, in order to get back to business asap. You can continue to discuss their liability for as long as it takes alongside this process.... Read More