I’m nearing the end of my 20 year term with Paragon on an HMO. They would only speak to me within the last 3 months of the term and have now said I can apply for an increase in term of up to 10 years. When I saw their rates I was surprised how high […]

I wonder if someone could give me some advice, I’m a leaseholder of a flat that I purchased some 17 years ago in a block of 155. The service charge was around £2,500 per year, now gone up by another £1,200 for a reserve fund as there is no funds. The Freeholder managed the property, […]

Hello, I am interested in increasing the rent of a long term tenant that is paying well below market rate. The new monthly rental rate would be more than 10% than the rent level which the guarantor signed for on the original contract. Would the guarantor still be “liable” after a significant increase in rent […]

Can anyone guide me to the right ‘body’ who can give leaseholders advice on ever rising costs of major works to our building. It went for tender with the lowest tender being chosen, it was not going well pre-lockdown and now they are back to work the contractor has ‘found’ (following complaints from residents/leaseholders) that […]

Rishi Sunak delivers his mini budget (summer economic update) The Chancellor announces SDLT stamp duty holiday for property purchases and its great news for property investors, UK property investment. Watch this video below as I provide analysis on what this means for property investors. 

Jack Bertolone, Operations Director at Brooklands Commercial Finance, discusses with Kate Faulkner the impact of the pandemic on the UK housing market and the implication of mortgage payment holidays, BBL & CBILS on future loan applications. Kate Faulkner is a UK property analyst and a regular commentator on BBC, ITV and national newspapers. Brooklands Commercial […]

The Chancellor, Rishi Sunak, has just given a Summer Economic Update to the house of commons as the second of three phases to guide the UK through the Covid-19 National Emergency. The much anticipated, hyped and discussed Stamp Duty reductions increasing the threshold where no SDLT is paid to £500,000 will be introduced with immediate […]

The NRLA have welcomed the Chancellor’s announcement that they will be able to apply for vouchers to help fund the cost of energy improvements to rental homes. Responding, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “Improving the energy efficiency of rental housing is good news for tenants, landlords and local economies. […]

Hi, since my last visit to my 3 bed property six months ago, my tenant on an AST has sub-letted all the rooms individually and he is occupying one of them. He is now 3 months behind on rent and I am sure he is using covid as an excuse to stay rent free as […]

I have a freehold building which was developed into several flats. I am looking hold on to them to rent, but would like to split into leaseholds as the mortgage rates are more competitive (the difference in rates have reduced over the last couple of years but the financing cost have gone up hugely) and […]

On the new N5B Claim form for possession of a property located in England Question 6 asks: On what date was the property let to the Defendant by way of a written tenancy agreement? 7. The tenancy agreement is dated Day Month Year I’m evicting a tenant who has been on the same assured shorthold […]

The Halifax House Price Index for released 07/07/2020 is showing on a monthly basis, house prices in June were 0.1% lower than in May and in the latest quarter (April to June) house prices were 0.9% lower than in the preceding three months (January to March) However, the average house price in June was £237,616 […]

As pent-up demand built up over the recent lockdown is released, Moneyfacts.co.uk has analysed how the buy-to-let mortgage market has changed over the year so far. Landlords will be pleased to see that the choice of products has improved recently. After dropping to only 1,455 total products offered in May, over the last two months, […]

Young people in private rented housing will be especially vulnerable to losing income and potentially their jobs as the furlough scheme scales down. Polling for the National Residential Landlords Association shows that 24% of private renters aged 16-24 and 27% of those aged 25-34 are reliant on the Coronavirus Job Retention Scheme. This compares with […]

I have a few buy to let properties and with the help of Property 118, I have taken advice from them and will be getting them to help me incorporate my property business – Thanks very much. Will be doing this soon. However, a question to the experienced bods out there. We are planning to […]

Obviously we are all familiar with Council’s over-reaching, so I am always cynical with their “regulations”. This is a fairly dry post, but one that possibly calls out the exploitation of LHA’s across the country. I have been approached by Eastbourne council to have a fire risk assessment done on a 3 flat Vic terrace […]

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be asking if you are you paying too much tax on your property rental business and presenting a Mastermind session on tax-efficient structures for your business. The Partners in Property online meeting will start at 9:30am Friday the 10th July until 3:30pm. […]

Jack Bertolone, Operations Director at Brooklands Commercial Finance, discusses with Kate Faulkner the impact of the pandemic on the UK housing market and the availability of mortgages. Kate Faulkner is a UK property analyst and a regular commentator on BBC, ITV and national newspapers. Brooklands Commercial Finance is one of the UK’s leading property and […]

The NRLA has responded to research published by Shelter on rent arrears due to the COVID-19 pandemic by saying that they will do all they can to sustain tenancies. Chris Norris, Policy Director for the National Residential Landlords Association said: “Throughout the lockdown, our surveys show that the vast majority of landlords have been doing […]

Recently I got a new tenant offer and the agency hired FCC Paragon to do the tenant’s background check for us. Since I had a bad experience the past few months with another tenant disappeared on me and didn’t pay rent for months and I just got really cautious about it. Does anyone have the […]

I’m filled with excitement, because Boris has announced new Permitted Development rules and a whole scale reform of the planning system. In this video I am going to share with you some of these new announcements and what they mean to property developers and investors. Please click on the video below: