In the recent Queen’s Speech, the government reiterated its commitment to scrapping Section 21 ‘no fault’ eviction notices during the next Parliamentary session. Paul Shamplina, star of Channel 5’s Evicted! Nightmare Tenants, founder of Landlord Action and Chief Commercial Officer at Hamilton Fraser, has joined forces with PropTech firm PayProp and issued a joint call […]

Last year, because interest rates were so low and many landlords were incorporating, landlords weren’t thinking of selling. This year however tells a completely different story. Mortgages have shot up following high interest rates, leaving an innumerable amount of landlords with impossibly large bills. The bottom line is: some landlords need to sell. As a […]

Thursday night Simon Zutshi delivered massive value, as expected, on his brand new live training all about “How to use Creative Finance to grow your property portfolio”. We have had a number of people contact us, to see if they can gain access to a recording of this Master Class because they want to go […]

Hi everyone. I am lending my daughter the money to purchase a 3-bed house while she’s away studying at university. She will/intends to rent 2 of the rooms and 1 rented in a self-contained annexe. The question is does this make it a lodgers agreement or an HMO that requires licencing? Many thanks Brendon

I am going to sell a BTL flat with is under my sole name. For tax efficiency, I would like to transfer part of ownership to my husband (I am a high rate taxpayer) before selling. The Mortgage provider has no issue to add his name. My questions are: 1) if I pay down the […]

I own one property which has a BTL mortgage on it. It is going to become vacant later in the year and it would be convenient for me to live in the property for about 8 months after which I will be moving to a different part of the country for work and renting a […]

Hi everyone and sorry if probably being a bit thick, but here goes: 3. The first rent increase date after 11th February 2003 is…….. What date is required here? I’m intending to increase the rent in July. Is it the date I first notified the tenant that I would be increasing the rent last time, […]

Can someone please help me to clarify a valid date to end a tenancy in section 21? I have a standard AST tenancy which was created in 2013 for initial 12 months and then becomes a periodic tenancy. The tenancy starts on the 21st and ends on the 20th of next month. Two questions: (1) […]

Analysis from Key Later Life Finance ahead of the Platinum Jubilee shows house prices have increased 138 times in value during the Queen’s 70 years on the throne. Average house prices were £1,891 in 1952 at the start of her reign and are now £260,771, an increase of 138 times. While inflation naturally means that […]

Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reintroduced a seven-year fixed deal into its mortgage product range. The lender said it is offering 3.79% on a seven-year, fixed rate, standard buy-to-let mortgage at 65% LTV for properties with an A to C rated energy performance certificate (EPC), and 3.89% on standard […]

I own a 3 bed flat, in my name, not a Ltd company. When the current tenancy ends I am thinking of letting two rooms out to individuals and retaining the third as a study/bedsit for myself. I pay council tax on my own family house where I reside most of the time. Does this […]

TONIGHT you are invited to participate in a very special live online Master Class, which could be an absolute GAME CHANGER for you. Imagine if you could fund ALL of your property deals, how would that change your life? On this high-value online training at 8pm TONIGHT, you will discover the FIVE different Creative Finance […]

Despite having no clarity on how section 8 will be improved to help landlords gain possession from rogue tenants, Shelter is weaponising the cost of living crisis to try and force through a section 21 ban. Polly Neate, Chief Executive of Shelter, said: “It’s alarming that as the living cost crisis rages more landlords are kicking […]

I read on a government site just recently that if ‘right to rent’ checks are incorrect, the punishment can be up to 5 years in prison and unlimited fines!!! Surely this is over the top as it is hardly the crime of the century! Does anyone know if Right to Rent checks have to be […]

The Lettings Industry Council (TLIC), formed Theresa Wallace from Savills (UK) Ltd and Kate Faulkner, has released a report which makes recommendations based on the expected changes to be introduced in the Renter’s Reform Bill. The report, released today (25 May 2022), aims to help the Government understand what can work in practice and to […]

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 […]