My wife and I were wondering if we moved into our HMO, by not taking in a new group of students and paying the HMO mortgage off with the sale of our residential property and using what was the HMO as our new main residence? We own the property personally (not a limited company) We […]

There is absolutely no doubt in my mind that additional regulation and taxes are having the opposite effect of what the Government is trying to achieve. Red tape, bureaucracy and tax are all proven methods to reduce investment. If the real objective of the Government is for every person to be able to live in […]

A very popular strategy with many property investors is the concept of Joint Ventures, particularly when you have run out of your own money. You find a great property deal and someone else (who maybe does not have the time, knowledge or inclination to find deals themself) puts in ALL of the required money. This […]

I had a very large and aggressive tenant who was in rent arrears. For the 11 years of his occupation, he was regularly behind with the top-up to his housing benefit and I would periodically have to ask for back payments. When he told me he couldn’t afford to pay for 6 months to pay […]

The NRLA are calling for new property passports to help landlords prove their homes are compliant and tenants identify decent and safe housing. Under plans devised by the National Residential Landlords Association (NRLA), such passports would certify that a property met all legal standards. It would list improvements made to properties and contain copies of […]

Have you noticed how hard it is to find great property deals in the current market? Generally, sellers expect to get paid top price for their property and are often getting it. Many investors are getting outbid by other people prepared to pay crazy prices. So what does this mean for you and your property […]

MP’s strike back against Buy To Let Landlords as they release a House Of Commons Commission Report about further regulation on the private rented sector. Joining me to cover this story on Property Breaking News is Andrew Roberts. Book Your Tickets For This Months Baker Street Event, The UK’s No 1 Property Networking Event, Last […]

We are a newly formed right to manage company and the remedial works to the block due to the dreadful works by the developer have been huge. We have to recommission the heating system due to the wrong pressure and this needs access to one of the top floor flats. It is currently unoccupied (most […]

Housing Minister Stuart Andrew announces that from Cornwall to Carlisle, the Garden Communities programme will deliver up to 16,000 homes per year from 2025 with £15 million of government funding, driving growth across England, breathing life into 43 towns and villages and putting green, wildlife-friendly spaces at the heart of new development. New funding will […]

The Latest Moneyfacts market research indicates that although there was a small month-on-month dip in the number of Buy-to-Let (BTL) products available to landlords, reduced by 61 to 3,374, compared to this time last year, there are over 1,000 more BTL products available now. However, prices are increasing with the average two-year fixed BTL rate […]

Believe it or not, the vast majority of the News articles you see on Property118, together with Readers Questions, Social Media Posts, Daily Newsletters, Weekly Roundup Newsletters and comment moderation are dealt with in between other tasks performed by just one person, Property118 Managing Director Neil Patterson. He can’t even switch off on the rare […]

The current economic situation has landlords across the UK making the decision to sell their whole property portfolios, or at the very least, downsize. With property market risks, rising interest rates, Section 24 legislations and refurb costs overtaking rent, it seems that the golden era of buy-to-lets is well and truly over. But with many […]

Most investors run out of their own funds at some point and understandably, they think that this means that they have to stop investing. They then have to wait a few years, until the value of their properties has gone up, at which point they can refinance to take out some equity and use it […]

Hi everyone, I would be most grateful if anyone could possibly clarify if there is an agreed standard accounting practice allowance for administrative expenses incurred by landlords that are tax-deductible from profits. The sorts of administration expenses I am incurring are things such as mobile phone expenses, landline costs, internet contracts and mileage expenses to […]

I have given notice to the council for a ‘deemed discharge notice’, in order for the planning condition to be discharged under article 28 of the Town & Country Planning (Development Management Procedure (England) Order 2015. All the requirements have been fulfilled to enact one under article 29 1. Application was sent in for a […]

I’m looking to remortgage and fix for 5 years but I’ve found that 4 of my properties are being classed as commercial which is dictating higher interest rates and ‘setup fees’. The four freehold properties each contain two self-contained flats and lenders are treating them as ‘Multi-Unit Blocks’ which is commercial lending. If I create […]

Hi all, Some companies do rent to service accommodation and I am looking for advice on this market, please. This type of contract is where you lease an apartment from them for say 3 to 5 years and you then use the apartment for short lets. Part of the deal is that the apartment is […]

With inflation at 9%+ and the Bank of England interest base rate at 1%, there has never been a better time to use other people’s money to fund your investments. You might be wondering why would people lend money to you? That is a great question. The answer is because you can help other people […]

Paragon’s Rental Affordability Index takes recently published Government data, and by overlaying gross annual earnings with the average amount spent on rent, reveals an average rental affordability ratio for local authority areas across England with the average salary of £30,264 equating to 32.1% of the average rent The least affordable local authorities in which to […]

Can anyone please advise on this? We have had our offer accepted on a little church hall which is being sold by the trustees. It has been used as a parent and toddler group for about 16 years and is only used for 90 minutes per week. No religious worship takes place there. The vendors, […]

Do you lack control over your service charge or have difficulty getting your landlord to make urgent repairs? Are you thinking of RTM but keep on putting it off as the process seems laborious and overwhelming? If so, we have a solution that will help you.  We have built a platform that has automated the […]