I own a BTL property in my sole name and intend to transfer the title into joint names with my partner and transfer a small percentage of equity (10-15%). We are not married so it’s not a transfer between spouses. The property is mortgaged and the transfer is because all our other BTL properties are […]

Hi everyone, In 1999 we purchased a one bedroomed leasehold flat. Several years later we extended the lease at some considerable cost. We recently sold the flat and now have to calculate the CGT owing. My question is the cost of extending the lease claimable as an allowable expense against CGT? I can’t find where […]

The living conditions in a couple of council flats in a tower block off Regina Road in South Norwood, Croydon have been condemned as “dangerous squalor” and “appalling” in a devastating television news report: Click here. The London Borough of Croydon ranks equal 13th in our league of the councils that are most aggressive to landlords […]

I need to raise some finance shortly and one of the options I am looking into is to sell 2/3rds and retain 1/3rd of a freehold BTL property I’ve had for 20 years. Going forward the house will remain tenanted and we will split the rent 3 equal ways, any expenses will also be split […]

Hi everyone, My letting agent didn’t serve the tenants the prescribed information for their deposit protection. This was for a number of properties of mine. I am obviously now in the process of de-instructing them. But what can I do to make all existing tenancies compliant? Can I ask the tenants to sign a new […]

Hi all, I have just been talking to a fellow landlord and in the discussion, the question and idea came up can we index link the rent into an AST contract? The next question is if this indexing clause was possible in the contract would you still have to serve a rent increase notice to […]

In my 30+ years of investing into UK rental property I have had the pleasure to have connected with 1,000’s of people who have made their millions by doing the same things as me. I’ve also met more than a handful of people who have made their fortune as a result of teaching newbies their […]

How you can do smart property investment in the UK right now. Join me on site of my latest Property Deal, where I have purchased a bank in Rickmansworth. I plan on using Permitted development to turn the uppers into flats and keep the ground floor as a commercial unit all without needing planning permission […]

Yet again two-faced Birmingham City Council has been found out for renting properties with deadly dampness and mould.  If this were a private landlord they would issue them with  Civil Penalty Fines in the multiple £10,000s However, guess what, the legislation that councils use to generate massive revenue by fining private landlords out of business […]

Please select just ONE answer to the following Poll before clicking the Submit button. Please choose carefully, because the results will be displayed publicly even though your answer will be anonymous. I am hoping that hundreds of Property118 Members will vote and that mainstream media will pick up on the results of this Poll and […]

Has anyone else found that since the financial crash of 2008 you are unable to get so much as a credit card? We previously had our mortgages in business loans with a single lender. This loan didn’t appear on our personal credit searches and we had no trouble getting credit approved for personal lending such […]

My daughter owns a 1st-floor leasehold flat with 50% of the freehold. In April last year, dry rot was identified in her staircase and the adjoining exterior wall. The owner of the ground floor flat (GFF) was alerted to this and he has also had a dry rot survey which proved positive. The survey for […]

The latest Nationwide House price index for April indicates annual UK price growth slowed a little to 12.1%, down from 14.3% in March with prices up 0.3% month-on-month after taking into account seasonal effects. The average price of a property now stands at £267,620 up from £265.312 in March. Commenting on the figures, Robert Gardner, […]

The Housing Market readies itself for the latest economic measures to impact the UK housing market, as forward-looking metrics soften, but current activity is still buoyant and house prices are continuing to rise, according to the latest RICS Residential Market Survey. The April survey shows that would-be buyers are still on the hunt for a […]

Government released details of the Levelling Up and Regeneration Bill discloses powers that will be given locally to councils to take control over empty properties, second properties and high streets. This kind of power would seem a slippery slope and includes: New powers for local leaders to run High Street Rental Auctions, where they can […]

Hi everyone, We have a very good tenant of nearly 13 years standing. However, we would now like to sell the house and the tenants would like to buy the property which is their home. The maximum mortgage they can get is about £40,000 or ca. 25% under the market value of the property. I […]

Shelter claims Landlords and letting agents have got away with cutting corners for far too long and have released a satirical video with an agent played by comedian Rory Marshall (see video below) However, Propertymark CEO, Nathan Emerson, responded: “Shelter’s newest attack on letting agents is appalling. Their war on the private rented sector is […]

Michael Gove, and the Department for Levelling Up, Housing and Communities, have followed up on the Queen’s speech with exactly what their intentions are for the Renters Reform Bill. Apparently, 21% of private renters live in homes of an unacceptable standard and 22% did not end their tenancy by choice (ignoring the fact this could […]

We’ve just had the Queen’s speech of 2022. This video is a Property Investor’s reaction to what this means for Buy To Let Investors and Developers.

Back in 2013, we signed a contract with a Guaranteed Rental letting agency for a 3 year period. The contract stated that if/when we wanted our property back (after the 3yr period) we would give 2 months notice, but the actual time taken to return vacant possession could be delayed due to eviction proceedings etc. […]

I rent out an apartment. The initial contract started on February 13th 2021 and the fixed term was for twelve months. The tenant renewed for a further twelve months from Feb 13th 2022. The tenant is now in some difficulty financially and her mother has become unwell and they need to go and live with […]