Hi, Since 2004, I’ve rented out a property using a national letting agency. They introduced the tenant, who is still there, and since 2004 they have charged me 8% just to collect the rent. I want to continue with the same tenant but end the contract with the agency. But there is a term in […]

Hi, I have inherited a property worth £900k with no mortgage. I am converting the house into two flats, I have planning permission and I plan to rent out both flats after the work. I plan to get a development loan and after the work, I plan to get two individual buy to let mortgages. […]

With most tenants making lifestyle changes to cope with the cost-of-living crisis, it has been revealed that three-quarters of residential landlords (75%) are supporting their tenants. The findings from Shawbrook Bank highlight the steps that landlords are taking with news that 85% of renters have made changes to deal with inflationary pressures and 25% of […]

Rental homes that are close to universities enjoy an average yield that is 1.3% higher than those in the wider area – boosting a landlord’s expected annual income by nearly £6,000. That’s according to property developer Stripe Property Group which analysed the average yield available surrounding a university and how this compared to other rental […]

Britain’s largest private landlord has pledged to take a ‘responsible approach’ to rent rises for its tenants to help them during the cost-of-living crisis. Newcastle-based Grainger has 10,000 homes in its portfolio and in a trading update, the firm’s rent growth over the past year has risen by 4.5%, while newer properties saw rent growth […]

Another council has revealed that it is going to clamp down on substandard HMOs in its area with the council leader telling the meeting, ‘Enough is enough’. The plan for bringing in a second Additional Licensing Scheme has been agreed for landlords whose properties are occupied by three or more unrelated people and they will […]

Rent controls are bad news for UK tenants and Buy To Let Landlords. Listen up government, it’s time to learn how the private rented sector actually works. With the cost of living crisis continuing to go up, there are calls for some control of rents. This is a disastrous idea for all, stay tuned to […]

How do you really know if something works, and more importantly, whether or not it will work for you? A good place to start is with other investors’ results. If someone has already achieved what you want, then it means that it is not only possible but you could also replicate their success. There are many […]

On June 4 2022 , the communal roof of my 7th floor apartment which I rent out was breached by rain water causing damage. The event was a major inconvenience to my tenant who had to vacate the premises for a time. This was reported to the property management company, both by phone and through […]

Hi, Is it possible for an agent to only find you a tenant and reference them on your behalf – or do you have to be tied into using their AST too? I have used an agent in the past but she insisted on using her AST and not mine (which seemed far more comprehensive […]

Mortgage brokers are reporting ‘an enormous uptick in enquires’ from tenants who are being given first refusal to buy their rented home. The brokers point to increasing numbers of amateur landlords who are now exiting the private rental sector with rising interest rates squeezing margins – and looking to cash in with high property prices. […]

Hi, I wish to have my mortgage statement audited because I think I have been overcharged. I wonder if anyone can share their experience and company they used? Thank you. Nam

We purchased a flat just over a year ago, we did so as the flat was in a nice area, near to our family and importantly due to our advancing years and my wife’s disability, she is in need of a hip replacement. The flat in question is on the 2nd floor, the selling point […]

Hi, I finally decided to transfer my personally owned & lived in property to a ltd company for renting out. I have always lived in this property and will be moving out soon. I understand that transferring to ltd company and rent later will save me from CGT for past dates. I also am aware […]

I am contemplating renting a family home which we have lived in for 25 years. Given the length of time we have owned our house there is a lot of financial gain in value. I have now learnt that if we rent our house we will have to pay capital gains on the portion of […]

My wife and I had a rental flat flooded in July 2021. It immediately became uninhabitable and remained so for a year while negotiations with our insurers were ongoing. These were eventually settled for a sum of approximately £60,000 (for refurb costs and not including loss of rent). As I work in the construction trade, […]

Please help and advise. I am at my wits end. I jointly purchased a property 50/50 with my violent ex-husband. On divorce, our joint building society would not let me take the mortgage on in my sole name because they deemed I couldn’t afford it. As a way around this, my Solicitor negotiated an agreement […]

The Telegraph reported this week that the chaos of Scottish landlords getting out of the market due to rent freezes could soon hit England, This is Money reported that tenants were leaving buy-to-lets to downsize because they couldn’t afford rent causing a spike in empty properties, and MPA Magazine reported that mortgage lenders were finding […]

Hi all. Hopefully, somebody on this superb property resource can help me with a tax query. At the request of my landlord buildings insurance, I have recently had a fire break wall installed in the loft space, which is shared between one of the neighbouring properties. The cost was divided between us both. I’m trying […]

The UK’s house prices have risen at the quickest pace since 2003, the Office for National Statistics (ONS) says. The figures are based on the Land Registry’s final sale prices and show those prices rose by 15.5% from July last year, to July 2022. That’s a much higher rise than was seen in June at […]

My partner and I have been having issues lately with our landlord. The Property was not in good shape and the landlord was not aware of the state of the property when she tried to let it. The owner (her mum) lives on the ground floor, but her daughter manages the property. We expressed concern […]