London lettings and estate agent, Benham and Reeves, has highlighted how the nation’s high-value renters could find themselves paying significant penalties due to a little-known law that may require them to pay Stamp Duty Land Tax (SDLT) despite not actually owning their rental property. SDLT has been a focus of the mainstream media ever since […]

My local authority in Leicester is consulting to introduce a Licence for landlords in certain areas or Citywide for fees of around £1100. The consultation paper is extremely long to fill in and questions of the amount of fees to charged with early bird discounts etc. indicates that they have already decided to introduce this […]

While I was out on a walk my tenant tried to contact me to say her boiler had broken down and the emergency breakdown co I was insured with would not attend without my permission even though the tenant offered to pay the £70 call out fee. By the time I returned after 2 hours, […]

When starting out as a landlord 10+ years ago, I used letting agents to find tenants. One extreme annoyance was having to carefully read through (and often modify) each agent’s own tenancy agreement. After a year, I stopped using agents and worked with my own template agreement that I drew up with the help of […]

Bearing in mind all the issues that can arise, even things as simple as a rent increase meaning it becomes invalid to enforce on the guarantor (never mind rent arrears and damage!), does anyone do their own checking and document issuing for guarantor agreements between parties or do you use a company/other professionals? Please, can […]

Secretary of State for Levelling Up, Housing and Communities Michael Gove has warned developers that they must pay to fix the cladding crisis. Mr Gove has today written to industry giving them a deadline of early March to agree a fully funded plan of action including remediating unsafe cladding on 11-18 metre buildings, currently estimated […]

The housing market in England remains open. This means that people looking to move home can both continue with planned moves and view new properties to move into in the future.  >> https://www.gov.uk/guidance/moving-home-during-coronavirus-covid-19 Private rented and social housing sectors: Those renting a property, letting agents and landlords should be aware of and follow the government […]

Hi folks, Hope you are all well. I am going to buy a house and can see the following applications regarding this property on the council website.: 1: Kitchen extension to property Address Ref. No: xx/xxxx/FUL | Validated: Wed 21 Jan 1987 | Status: Pending Consideration 2: Kitchen extension to property Address Ref. No: xx/xxxx/FUL […]

I sold my home in Wales in March 2020, and I moved in with elderly parents who needed care during lockdown etc. I paid support for my parents in their home, so I now wish to buy a neighbouring bungalow next to them which will cost me £260k, and I will pay cash. I understand […]

Buy to Let (BTL) is a smart strategy for 2022 property investment, but only if you do it right. The old way of Buy to Let simply doesn’t work anymore. In this video, I’m going to explain why and what is the smart way to do UK Buy To Let successfully in 2022.

Sukha Sandher pitches for funding for a freehold shop development. If you follow my channel, you’ll know that I believe Commercial to Residential conversions is the best property investment strategy in 2022. However, you need to educate yourself on what to look for, as not every commercial property is a deal. Watch as the Angels […]

Lettingsupermarket.com are pleased to be able to offer what we believe to be the most complete rent guarantee policy on the market. Food and energy bills are increasing significantly, with some people seeing up to a 50% increase due to the energy crisis, fuel prices are on the up, there is risk of redundancies following […]

I believe Possession claims will double this year, and if anyone needs assistance with evicting a tenant or debt recovery you can email me personally on [email protected] We ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter […]

HMRC is waiving late filing and late payment penalties for Self Assessment taxpayers for one month, giving extra time to complete 2020 to 2021 tax return and pay any tax due, BUT Interest will still be payable from 1 February. HMRC is encouraging taxpayers to file and pay on time if they can, as the […]

The December Halifax House Price Index has just been released, with the average UK property price now hitting £276,091. House prices increased by over £24,500 in 2021, the largest annual cash rise since March 2003. However, they are expecting House price inflation to slow in 2022. Wales remains by far the strongest performing nation or […]

Dear all, We bought a leasehold ground floor flat (no basement below) in a mansion block a few months ago. During the conveyancing process, our Home Buyer report highlighted possible rising damp in the flat and suggested us engaging a damp specialist surveyor to carry out an independent Damp and Timber Decay survey, which we […]

Hi 118 readers, I wonder if someone might be able to advise me, please. I have a couple renting a house, and their initial 6-month tenancy expires next week. I have had an email from one of the tenants informing me that she would like to leave the tenancy as she has split with her […]

Paragon has launched a range of switch and further advance products for portfolio and non-portfolio landlords for the New Year. Across both portfolio and non-portfolio ranges, rates start at 2.95% for landlords who are looking to switch to a new product, while further advance fixed rates start at 3.40%. For portfolio landlords, those with four […]

The Guardian reports that 37sqm flats are too small for property development, but this is simply not the case, exploring this with me is Andrew Roberts in this episode of Property Breaking News. Please click on the video below:

I bought a 2-bed flat in 2016 in Scotland as my main residence for £167k and have £77k left on the mortgage, the flat I believe now to be worth only ~£90k. I moved back to England and bought a second home in 2019 (main residence) for £267k with £200k left on the mortgage, the […]

A tenant of mine left my flat with about £7,000 rent arrears: £6,300 during the tenancy and another £750 or so after refusing to vacate, and only leaving after a possession order hearing date had been given. I have a £5,000 CCJ, which he is required to pay £200 per month. I’m trying to reclaim […]