If you are a Scottish landlord now buying properties in England because the policies are more favourable than in Scotland, Alexa Phillips, the personal finance reporter for the Telegraph would like to speak with you. Alexa would be interested to know: Which part of England are you buying in? When was this? Have you sold […]

Hello, I am the owner of a flat in north west London, managed by a managing agent – there’s no residents’ association. The managing agent fails to respond to emails, has not provided audited financial statements requested many times, does the absolute bare minimum to maintain the property and does not attend to or look […]

Hello Property118 I need your help. In 2000, an equity charge was placed on my home by the Child Support Agency. The following year my children’s mother died and I took on the care of my children and I went from running a successful business to being supported by benefits, about 10 years later. The […]

Landlord association iHowz has called on the government to publish the new Energy Performance Certificate (EPC) and Minimum Energy Efficiency Standard (MEES) requirements for the private rented sector (PRS). It says that landlords are still ‘none the wiser’ about what EPC rating will be required or when this will be published under the outstanding MEES […]

Hello, I have a tenant in my house who paid rent for the first year and then started creating problems, allowing cats and dogs to mess all over the lawns, then finally decided she doesn’t need to pay rent which she stopped last July. My lawyer put in an application to the tribunal which was […]

Landbay has revealed that it has made further reductions of up to 30 basis points on its five-year fixed rate Special Edition buy-to-let mortgage range. Rates start at 4.29% and the reductions apply to standard properties with LTVs of 55%, 65% and 75%. There is a variable fee structure of between 2% and 7% to […]

Hello, I’m the director of a Right to Manage Company, the roof space was sold many years ago and the developer now has consent to build on the roof. The Freeholder has told the management company we use that it is our responsibility to deal with this, arrange party wall agreement etc – not theirs, […]

Landlords and agents in Scotland are to seek a Judicial Review of the Scottish Government’s rent control and eviction ban legislation. A coalition of the Scottish Association of Landlords (SAL); Scottish Land and Estates (SLE) and Propertymark is to submit a Petition to the Court of Session in Edinburgh. They believe the law is ‘disproportionate […]

If you’re anywhere near to being as passionate about property as I am, Netflix reality TV shows such as Selling Sunset are likely to have come onto your radar at some point. Love or hate the program, there is always something to learn from every episode, and that’s aside from getting a sneaky peak at […]

Hello helpful peeps. I am wondering if a Lender’s Early Repayment Penalty can be used as a Capital Cost and offset against CGT? Many Thanks. Helen Hi Helen, My colleague Alex Norian who is an accountant and a Property118 tax consultant has very helpfully provided a Loom video to answer your question In summary, generally, […]

A bid by a landlord to get the Government to reinstate tax relief allowing mortgage interest to be set against rental income has been shot down after the petition reached 28,000 signatures. Simon Foster started the petition on the Government website to reinstate the full amount of mortgage interest against rental income before tax is […]

Everyone knows that the UK property market is starting to come down, but no one knows how far it will fall, or when it will hit bottom before it starts to bounce back. The problem is, that if you have not invested in a falling property market, (the last time being back in 2008), how […]

Hi all, I have been listening to many reports on the news and most recently a representative of Shelter on Rip Off Britain. Whilst I fully agree some properties are in a bad state of disrepair and mould, however the majority of landlords keep there properties in EXCELLENT condition. Where is the landlords’ voice? Why […]

Hi, Can anyone please advise me on an ongoing situation? A close friend of the family brought a property to rent out some years ago, but instead let her son and his girlfriend move in as a favour. The idea was for them to pay minimal rent, enough to cover her mortgage so they could […]

Hello, A client of mine has a BTL mortgage and for various reasons cannot find a tenant. They are looking at doing the house as a HMO instead as there’s more demand, however their mortgage company doesn’t offer HMO mortgages and re-mortgaging would be prohibitively expensive due to rate increases. What could happen if they […]

Emergency measures that saw a rent freeze and an evictions moratorium being introduced in Scotland will now see rent rises capped at 3% in the private sector from April, the Scottish Government has revealed. The enforcement of evictions will still be prevented ‘in most cases’ but landlords could raise rents by 6% if they apply […]

Hello, I have a 5 year HMO licence on a property in London until 2024. During Covid we found it difficult to find suitable tenants and in 2021 decided to rent the whole house to one family on an AST contract. The council have informed me I am liable for the council tax for this […]

If you are looking to SELL some of your properties this year, or if you are looking to BUY property this year, then you need to watch this brand new video. As you know many landlords are looking to exit the property market and sell some, or all of their properties this year, for many […]

Propertymark has revealed its concerns and opportunities for landlords, buyers, tenants, sellers and investors in 2023. And its annual report highlights that more people than ever before are looking for a home in the private rented sector. There’s also a prediction of a return to a buyer’s market by the end of the year. Strong […]

There has been a further weakening in the property market with sales, instructions to sell and prices all declining in the RICS Residential Market Survey for October. The organisation says that this downward trend could last over the coming months. House prices have fallen for three consecutive months and new buyer enquiries nationally are -39% […]

Hello, As regulated tenants we have been renting a flat with a secure storage room in the roof area, since 1968. The store room is not mentioned in the original lease, however, it has been mentioned in every fair rent review since the first review in 1970. An additional document indicating the room number was […]