When looking for a comparison of typical Private Rental Costs v Income I struggled. The Tax return asks for number of properties [SA105 box 1], Income from rent & property [box 20], They ask for Expenses- rent, rates, insurance, ground rent [24] repairs & maintenance [25] allowable finance costs [26] legal, management, professional [27] Less […]

23% of private landlords faced rental income losses as a result of the COVID-19 pandemic. With those landlords affected almost twice as likely to sell property as those who were not, the National Residential Landlords Association is warning that the pandemic has exacerbated a supply crisis now facing tenants. A new poll by YouGov for […]

A landlord client has bought a probate sale property that is not quite dilapidated but is barely habitable (depending on your definition of ‘habitable’). There is central heating but no boiler. The place is filthy, and he intends to take the house back to the bare brick and completely remodel it, extending the square footage […]

While reading the new Welsh Contract holder regulations due to come into effect, it left me with questions, I have many but the main three are:- Firstly – Is it correct that tenants (sorry contract holders) can terminate a fixed-term contract at any time, just by giving 4 weeks notice? This seems stupid that the […]

Should you invest in Buy to Let (BTL) or property development as your property investment strategy? This video has the answer. Not only will I go through the advantages and disadvantages of Buy-To-Let and UK Property Development, but I also show you how you can reap the benefits of them both.

Hi – my letting and managing agent closed their local office and made the staff redundant, without informing me, or other landlords and tenants. They tried to keep it secret, by re-routing phone calls and emails and saying the local manager was away, but after much digging and delving, I managed to find out that […]

The court has granted me S21 possession, vacate date was 18 January. The tenants had promised to move out on 18 Jan, but again they lied, and still refuse to leave, and now this “blackmail” from them to lie to the council. Tenants texted to say they have viewed a few council houses, and the […]

As house prices continue to rise, demand for rental properties may well remain strong. The latest data from Moneyfacts.co.uk outlines what landlords and those interested in investing in the sector may face as we begin 2022. After a rise of 222 products month-on-month, the year began with 3,528 total products on offer to landlords, the […]

This last year has been an incredible one for Landlord Sales Agency. From entering the market as the top landlord portfolio exit specialists to delivering on our promises to Property118 landlords to sell their entire portfolios, we’ve seen success stories time after time. With so many landlords coming to us to sell their portfolios whilst […]

Luke Casey, one of Property118’s recommended finance broker team has recently structured a bespoke development loan to provide 87% of the purchase price on day one along with the entire build costs on a portfolio of 10 properties being converted into HMOs. The £6.6m loan was required to purchase a portfolio of 10 properties and […]

I am in the process of getting divorced and have 16 Buy to Let properties with my ex. The mortgages have been in place for a long time with great interest rates. How easy would it be for me to come off of the joint mortgages? It really is a minefield out there, and I […]

My mother died 5 years ago, and we jointly owned a property. I would very much like to now transfer this property to my other sibling. My question is would I have to sell it to him, or can I just give it to him as a gift? I do not want any monetary compensation, […]

I’m thinking about renting out my 2 double bedroom house in the future if we need to move for work. However, I’m trying to plan the economics of it for the different types of tenant make ups. I am wondering about renting it out as a house share with: one couple and one single adult […]

9% of private landlords renting to Universal Credit claimants have experienced at least one tenant having difficulties paying their rent post the Government cut to Universal Credit by £20 a week following a temporary increase in response to the pandemic. Following this announcement, a new YouGov poll of private landlords across England and Wales for […]

A continued shortage of new properties being listed for sale, despite a rise in new buyer enquiries, is still preventing a pick-up in sales volumes and house prices continue to increase, according to the December 2021 RICS UK Residential Market Survey. In a trend that has run over much of the second half of 2021, […]

I own a leasehold property with 85 years left on the lease. I am aware of proposed changes to the law around leases, but the changes haven’t been enacted by parliament yet. The question is should I press ahead now and negotiate an extension with the freeholder, or should I wait? Of course, I don’t […]

I only have two small terraced properties that I am letting in Wales, but this year big changes are looming in July. Letting contracts have to be changed, but the big one is the Fit for Habitation rules, which are ridiculously extensive with open-ended means to verify most of the huge wish list. From ventilation […]

Hi All, I am looking for some advice. Firstly, I will explain my situation. I have a leasehold flat that I have let for about 4 years to a good tenant. I am now getting major issues with the Residential Management Company and their managing agent, so much so that I am mulling over selling […]

Join Simon live on Thursday 20th January where you can learn all about how to make £3,000 t0 £5000 profit per month from your next property. Please click here In this live 90-minute Master Class you will learn: How to replace your income with just one MEGA deal ​How do you find MEGA deals How […]

We are a company just starting our adventure into the BTL market – we own 1 property and are nearing completion on the second in the North East. This property is well into Level E of the EPC and I’m looking at options we can do during renovation to up the level getting ready for […]

I bought a house in 2007 and let it to a single person, who has remained in place ever since. As the years have gone by they’ve become more and more eccentric to the point where their refusal to allow entry for a CP12 led to the disconnection of their gas. The strange thing is […]