The Leeds Building Society has launched 2 new headline catching Buy to Let mortgages that are both two year discounted rates priced to reflect the maximum Loan to Value: 1.14% two year discounted variable followed by 3 years SVR minus 1% currently = 4.99% with a £2499 product fee. Maximum LTV of 60% 1.34% two […]

We recently purchased a property with a declaration of trust drawn up to split the ownership and therefore the profit 90/10 in my wife’s favour. Question is, does the Form 17 need to be completed within 60 days of the Declaration of Trust being signed or the Form 17 itself. The wording on it is […]

I have a rental property held in a SPV (Single Purpose Vehicle Ltd. Co.) with myself and my wife as directors. The rental property held in the SPV has no outstanding mortgage. There is no income currently generated by the rental property as a family member is living there at the moment. Our family home […]

Lord Bourne of Aberystwyth wants to rephrase the words ‘ Rogue Landlords’, to the words ‘Bastards Landlords’, as Rogue sounds to soft and cuddly. In my eyes the words should be rephrased to ‘Criminal Landlords’, as they can make tenants lives horrendous, but you need more enforcement and convictions for that word to be officially […]

If/when a viable alternative to the PRS exists landlords will be forced to reduce rents, sit on empty properties or sell up. Meanwhile, piling on more legislation only serves to discourage private investment, the consequences of which are felt most by the people who are not in a position to buy their own home, i.e. […]

Just in case you didn’t know, Property118 has been nominated for an Award for being the Best Property Website For Landlords in 2018. Voting was earlier this year and the recipient of this award goes to the website with the most public votes. We know a lot of Property118 members voted for us so we […]

Hi there. Was wondering if there are any planning experts/lawyers on here who could give me a 2nd opinion please. I have a property which is divided into self contained studios, but I can find no evidence of planning permission. They have been in existence for just over 4 years (which I know is significant) […]

There appears to be a conflict relating to the need for a kitchen fire door in two storey HMO’s. The Lacors Housing Fire Safety Guide, click here to download, and The Licensing and Management of Houses in Multiple Occupation and Other Houses (Miscellaneous Provisions) (England) Regulations 2006 Schedule 3 Article 3 (ix) click here to […]

I was recently considering extension of my BTL with possibility of a 5 room HMO or 4 bedroom Family home. Searched online and registered with localsurveyorsdirect.co.uk to get some quotes and soon architects and planers started contacted me. Had two architects with their builders turn up to meet for advice and measurements of what it […]

With a limited number of people interested in applying for a new mortgage of any type at the moment, product numbers being at all-time highs and competition still pushing interest rates down, mortgage providers seem to be turning to cashback incentives as a way to stand out from the crowd. The latest research from Moneyfacts.co.uk […]

Private landlords have to wait an average of over five months to regain possession of a property when applying to the courts according to new figures from the Ministry of Justice. Where a landlord needs to regain possession urgently because of tenants’ anti-social behaviour and the tenant refuses to leave, landlords have to resort to […]

4 years ago, we bought a first and second-floor maisonette with a huge loft bedroom, listed as a bedroom by the estate agent, referred to as a bedroom by the valuer, and not queried by our conveyancer. I recently found out, though, that Building Control have no record of any loft work there. I asked […]

Lord Bourne of Aberystwyth Conservative Peer and Parliamentary Under-Secretary (Housing, Communities and Local Government), was speaking in the 2nd reading in the House of Lords on Friday the 23rd of November. He would seem to have used very inciting and populist language that while directed at criminal landlords certainly does not help stop or ease […]

Following on from my 5½ year legal case I have invested in a Body Worn Camera at a cost of £75.00. I suggest a Body Worn Video is very necessary these days for Landlords. Police Officers have BWV and always say as they arrive “I have my Body Worn Camera switched on is that alright?” […]

The Big Issue has picked up on the campaign to boycott Shelter supporting businesses in their article “Landlords are boycotting companies that support homelessness charity Shelter” Click here. The tone of this Big Issue article was quite interesting as it gave plenty of copy space for reporting on Dr Rosalind Beck’s justification for the call […]

Freezer shares provide an opportunity for owners of property companies to cap the value of the shares for IHT planning purposes by transferring future growth in value of the company outside their estate. Chances are you expect the net value of your company’s rental properties to appreciate before you die? This increase in net value […]

Landlords who have incorporated their rental property business using the BICT structure have done so in order to retain competitive mortgages terms and/or avoid or defer the costs of refinancing. However, it is almost inevitable that refinancing will need to be considered at some point for the following reasons: Exiting mortgage term coming to an end A desire […]

This is a fantastic investment opportunity to purchase one of these beautiful build complete 3 & 4 bed houses within a lovely new development in Kirkby, Liverpool. We have managed to secure exclusive discounts for our clients with prices starting from only £148,000 for a 3 bed house and £170,000 for a 4 bed house.  Investors will enjoy incredible investment yields […]

I am a private landlord and have always managed my property and tenants’ needs. I have always been a good and fair landlord. In September I advertised my 3 bedroom flat on flatshare website. I was advertising the property to be let as a whole with a single 1 year AST ( joint tenancy for […]

The Landlords Alliance campaign to stop B&Q supporting anti-private landlord charity Shelter and to get them to instead support a homelessness charity which provides actual shelter has gathered pace this week. Landlords and other property professionals have been hugely supportive of the campaign. As one commentator said about Shelter on Property Industry Eye: “It constantly […]

The assured shorthold tenancy (AST) that was introduced three decades ago allows people to let properties for a fixed-period. Section 21 of the Housing Act 1988 allows the landlord to give two months’ notice to end the tenancy after the fixed period without stating a reason. Section 21 notices were labeled “no fault” evictions, because […]