Please kindly sign my petition to change the rules for the Housing element part of universal credit. I am a social landlord who is being affected by the poorly thought out rules for the housing element part of universal credit. The system was fine under the local councils but so far Universal credit has cost […]

We purchased a house as a BTL in 2014 for £120,000. It’s now worth around £177,000 we only got the place so our daughter had some where to live after divorce The mortgage owed now is £56,000, and we would like to give the house to our daughter and she get a mortgage for the […]

I am told that ALL organisations, including private landlords (and their contractors), will have to be GDPR compliant by 25th May 2018. I have attending training on this and I’m getting contradictory advice from different GDPR professionals. About 4 weeks ago I was told that there is no need to register with the ICO, as […]

Hi there, I want the tenant’s mother to provide a guarantee and indemnity (not just a guarantee). Does any kind member have a sample document I could use? Many thanks Seaworthy Editors Note: An indemnity creates a primary obligation ie the indemnitor is directly liable for any loss. A guarantee creates a secondary obligation where […]

My wife and I previously owned 4 buy to let properties. Unfortunately, we were two of the many victims of the financial crises. We have since sold three of the properties and are currently carrying over a loss year on year. We have one investment property left that is rented out and paid for, providing […]

Landlords with between 6 and 20 properties in their portfolio have increased from 35% to 39% of those surveyed according to Paragon’s latest PRS Trends research, based on interviews with 203 experienced landlords in Q1 2018. This follows a drop in the proportion of landlords in the 3 to 5 property bracket at the end […]

Following the latest inflation figure decrease to 2.5%, and softer economic data, Mark Carney has indicated that the Bank of England Monetary Policy Committee (MPC) are less likely to increase the Bank Base rate from 0.5% when it next meets on the 10th of May. Mark Carney was talking to the BBC at the IMF […]

We have 5 properties (a mix of family let and HMOs) which we currently own and manage in a general partnership. All the properties are unencumbered (no mortgages) and we wish to incorporate our business via s.162. So far, so clear. The next hurdle is to either go down the BICT route necessitating two or […]

“We have received evidence that civil penalties are not strong enough to deter landlords who are prepared to commit the most serious offences, and fines issued through the courts are often insufficient to make prosecutions worthwhile. We believe local authorities should have the power to levy more substantial fines, which might stand a chance of […]

After the death of our parents, my brother and I inherited a property which we have been renting for almost 30 years and considering selling for as many years. It is still registered to just my brother and I. We both have families now with two kids each, the youngest soon to turn 16. Our […]

The very things I love about property investing are often the things others can’t stand! For me, buying and holding or buying and selling go hand in hand. I would never buy a property I couldn’t sell for a profit and I would never buy one I couldn’t rent with a strong ROI! This helps […]

We are about to purchase our first BTL through a Ltd company, I already have a couple in my own name, but have decided to shift to the Ltd co. model. The property will be purchased upfront with cash, however I would then like to mortgage the property to free capital up for future purchases. […]

Does anyone have experience of the most common items found by local authorities under the heading “general disrepairs” when properties are inspected in Selective Licensing areas? It would be good to know what in particular they are looking for and the experiences of other Landlords that have had an inspection. Many thanks David

This week’s episode of “Bad Tenants, Rogue Landlords” (Thursday 19th April, Channel 5, 8pm) will serve as a warning to all landlords and letting agents over the dangers of fake tenant references, as landlord Paul Bloom faces a struggle to get his property back from a bogus company let. Paul Bloom, a professional landlord with […]

Council Flat has CATEGORY ONE HAZARD Mould & Nottingham City Council are doing nothing about it for a whole year. Yet Nottingham Selective Licensing wants us Landlords to do all our houses within 3 MONTHS! Dear Councillors & Licensing & Nottm Council, We have a category one hazard in a flat where I own the […]

If you own more than one let property then you could save money and improve cover by buying a landlord portfolio of insurance. If you own multiple properties, there are benefits to buying the insurance all together as discounts can be applied that single properties do not attract. In purely practical terms, it also means […]

The Guardian has sunk to new lows this week with the publication of the most vehemently anti-landlord article, by Rhik Samadder (such an expert in the field that none of us have ever heard of him), that I have ever seen published by a national newspaper. The title alone is shocking: ‘Landlords are social parasites. […]

Do I need to pay the standing charge for electricity on an empty BTL when the previous tenant changed it without my permission and they do not have a contract with me. It has never happened before. I told them by phone I did not want their service. My supplier was British Gas and now […]

I am planning to sell at least 25 properties pre the full roll out of s24 and wonder if there is any benefit to changing those that I can, into holiday let’s for a while? I pay 28% if I sell one now, but believe if a BTL is changed and run as a holiday […]

I currently have a problem with a tenant who has been with me for over 7 years in a HMO renting out a room on an individual AST. He notified me and the agent that manages the property at the end of February that he has run into financial hardship having lost his job. He […]

Just wondering if anyone has any ideas on this as I am not finding much on the web and there seems to be different ideas about CT61 forms. I am about to ( July 18 ) clear the mortgage across my 6 flats which I have had in a ltd company since 2005. I have […]