I have a mixed used property, a commercial property (office) on the ground floor with a self contained flat above that is rented out. I am looking to re-mortgage, where is the best place for this type property.
while this is good news for us all, and for the economy in general I wonder why the various people I know who have their houses up for sale are not receiving even a viewing, never mind an offer, all this despite reducing the Price drastically.
Margaret Hamilton Hamilton
Newham Council have shot themselves in the foot because Lanlord are selling their properties in Newham.
The tenents are asking the londlords to make them homeless so Newham council will have to rehouse them. At present the Council will get £500 from every landlord to licence their property but then it will cost them a fortune to house all those people in bed and beakfast places .
read the lease, we had exactly this problem a year ago, it is a scam. We took it to the solicitor who did the conveyance and he told us as long as the AST is for no more than a year it does not apply, just to longer leases, read the original lease, this apparently is a standard clause, but they hope you do not read it and just pay up, I claimed 200 pounds fee from the solicitor that I did not pay him, and they sent me it. had the last laugh.
I don`t think the authorities have the slightest grasp on the concept you outline, I am behind the benefit cuts in general, it has been needed for some time, but the treatment of landlords by councils and government is appalling, we are seen as the rogues, always they side with tenant against us.