I had my portfolio decimated in 2015 by Mortgage Express taking four properties with £300k combined equity into Receivership. I have spent the last 5 years and £7k on a local firm of property lawyers trying to recover them….unsuccessfully. I have made complaints to the Ombudsman and the FCA and I am trying to refinance […]

On Facebook this week, a tenant said that her private landlord wanted to sell the house she is renting. Someone else then said had the tenant asked if their landlord would be willing to sell to another landlord so that the tenant could remain in situ. The tenant replied that their landlord wouldn’t do this […]

The lockdown confines us all to our homes so is a very good time to catch up on your training. To help with this, Landlord Law are running a series of free webinars during February and March 2021.  They will all be on a Thursday at 12.30 pm and will last for ½ hour. Five […]

I recall some time ago before the smoke and mirrors of the green homes grant which seems to collapse around the government’s bureaucracy, that grants were already available by energy company obligation and local authority funding. Just wondering if anyone has anyone still been able to access these for boiler replacements for tenants, especially those […]

This month’s Nationwide House price report is showing annual house growth slowed to 6.4%, from 7.3% in December and that prices are actually down 0.3% month-on-month, after taking account of seasonal factors. The number of privately rented households fell to 4.4 million (from 4.6 million in 2019), resulting in a slight decline in the proportion […]

Responding to the announcement below of an extra £50 million of financial support for students in England including to help them with accommodation costs, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “Whilst we welcome the news of further financial support, it begs the question why student renters are being treated differently […]

I have a reasonably good-sized mid-terrace property coming vacant. In the past, I let this to families. The ground floor of the house has a large front room, large mid-room and a large kitchen. Upstairs there are two medium-sized bedrooms, good-sized box room (8ft x 6ft) and bathroom, there is also a loft room with […]

HMRC CONFIRMS you do not have to refinance all your properties when you incorporate your portfolio into a Limited Company. In this video below, Mark Alexander from Property 118 & I, Ranjan Bhattacharya, break down exactly what this means for property investors! HMRC Capital Gains Manual CG65745: https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg65745   

I have a 10 property BTL portfolio in a Ltd Company. I want to expand, but my lender option is compromised by their current policies. My own home is unencumbered, but I’m being rejected for finance on that because “my income is from property”. I am happy to transfer/sell/ or give my property to the […]

Hi I mistakenly rented out a self-contained studio flat annexed to my house to a young lady. I have given her 28 days notice to leave the flat as I stated in the lodger agreement I didn’t want her to have any visitors, and she has a boyfriend over. Also, I suspect there has been […]

Re. EICRs, from the .gov site click here We must:- Supply the local authority with a copy of this report within 7 days of receiving a request for a copy. -Supply written confirmation of the completion of the remedial works from the electrician to the tenant and the local authority within 28 days of completion […]

Property Auction Review video of some of the best property investment deals (both Residential & Commercial) coming at property auctions Allsop & Auction House London reviewed by myself, Rod Turner, Jay Howard and Piotr Rusinek. In this episode, we analyse a bank building in Sudbury & a Kensington flat on sale for £45K with an […]

The government has released its latest standard model tenancy agreement to cater for responsible tenants with well-behaved pets. Under the new Model Tenancy Agreement, announced by Housing Minister Rt Hon Christopher Pincher MP, landlords will no longer be able to issue blanket bans on pets. Instead, consent for pets will be the default position, and […]

During the current Covid-19 pandemic, we have received an increased number of enquiries regarding refinancing existing development finance. These have mainly been brought about by overruns either in terms of cost or time and their current lender not being helpful. The type of situations that the developers are finding themselves in are: Their relationship with […]

Does anyone have an established playbook for rapidly-falling rents? I run a 6-bed HMO for young working professionals in inner London (Zone Two). I’m on good terms with all tenants. The house grosses about £57k per year and nets about £30k after tax. I self-manage it, and unfortunately, I live two hours drive from it! […]

I have a problem – it sounds like a nice problem. My agent has got me a short term let for 7 months and the tenant wants to pay 7 months rent in advance. The problem is that this tax year I am a 40% taxpayer, but next tax year definitely only a 20% taxpayer. […]

Landlords you need to make your voice heard! You have only until February 11th to respond to the licensing proposals of the City of Westminster council. Except you can’t. The City of Westminster has some 52,700 rental properties constituting 43% of its total housing stock. With a large proportion of these properties marked as HMOs, […]

I had a company carry out checks on all my properties (Birmingham & Devon) in Summer 2020 to determine what grants I could apply for. Advice was given that I could apply for some ECO3 funding. All the properties house benefit/low income tenants. Some properties have enough roof insulation, but due to the nature of […]

It has been another tough start to the year for everyone, including landlords, many of whom have tenants that are unable to pay their rent in full (or at all) due to COVID-19. With many already struggling to cope under the tighter restrictions in the UK, we have been looking into what advice and support […]

The latest Hometrack House Price Index for January is indicating the third national lockdown is exacerbating a supply and demand imbalance in housing with demand for homes in the first two weeks of January up 13%, but supply down 12% creating a corresponding house price increase of 4.3%. The flow of new supply has slowed […]

Turmoil at HMRC has led to them announcing that this year they are extending the 31st January filing deadline until the 28th of February and there will be no late filing penalties as long as returns are submitted online before the new date. An example of this turmoil at HMRC is shown by a Property118 […]