Hi there, We are managing and subletting a property to sharers. Consider that – All tenants are people who are claiming housing benefit. Us – the agent is paying an agreed monthly rent to the homeowner regardless the property is occupied or not. Q.no.1: In this case who needs to apply for HMO licence, the […]

BlueZest Secured Retail Bond PLC (the “Issuer”), an affiliate of BlueZest Mortgages and Loans Limited (“BlueZest”), the specialist mortgage lender, has announced the proposed issue of sterling-denominated 5.25% fixed rate secured bonds due 2022 (the “Bonds”), being the first series of bonds to be issued under the Issuer’s £1,500,000,000 secured retail bond programme (the “Programme”). […]

Hi everyone. I’m looking at a property in auction and the Property Register contains the comment that the lease prohibits or restricts alienation. Does this mean that it can not be let to tenants or simply that the lessor cannot abrogate his obligations by assigning them to a third party? Many Thanks in advance. Paul

I have a commercial property and have been charged for items that are allowed by the lease. Especially where it says only 10% of all professional and management charges to be applied of the total budgets. However, the management company applies all regardless and applies our 17.27% to the total budget. It has done year […]

Can anyone please help with problem regarding title splitting. I own a freehold property which is an HMO and a decent size plot of land to the rear. At my request, the lender released the land to the rear from the mortgage security so the land to the rear is technically unencumbered and the mortgage […]

I have one house where I’ve lived for 3 years and 5 months, I am about to move out and let it out. This house has a large garden and has access to main road, I would like to obtain an outline planning permission for this part of garden and then selling the plot off […]

I have the bailiffs booked for a legal eviction at one of my properties on Thursday 30th Nov. I purchased the property in April 17 with the tenant in situ, so I inherited the original tenancy agreement which had gone periodic by then. Their original deposit was transferred into my name. A long story short, […]

Along with 12 other charities our reader Luke would like to point out that Marks and Spencers supports the anti-landlord charity Shelter. “I’ve just popped out of my office to grab a sandwich from M&S and it would appear that a number of their products (in the sandwich section, at least) are having 5% of […]

The Creditworthiness Assessment Bill has had its second reading in the House of Lords with a general debate on all aspects of the Bill on the 24th November. The Bill is now scheduled to go to Committee stage with a line by line examination, but the date for this stage has not yet been confirmed. […]

I am considering buying a freehold flat and would like some advice please. The flat is purpose built and is approx 7 years old. It is essentially a bridge construction adjoining a 2 story leasehold building one side and a freehold house the other. It is constructed at first floor height and has no property […]

I have been very unfortunate to have trusted an agency to manage my property who has shut down 3 months into a 6-month management contract. I have a tenant in situ at my property and they are keen to stay long term. I now need to take over and manage this property myself. I know […]

I have obtained an order for possession under an accelerated possession order for 29th November. The tenancy is a joint and several tenancy and one tenant has moved out (the couple have split up). The resident tenant is seeking to be housed by the Council so is holding on until eviction date as per normal […]

I have just been looking at the wording of the s24 legislation (Tenant Tax) and I noticed that one of the sub-sections state: (4)An amount borrowed for purposes of a property business is not a dwelling-related loan so far as the amount is referable (on a just and reasonable apportionment) to so much of the […]

When I emmigrated to Malta I said I would never vote for a UK political party ever again, even though I am still entitled to do so. Well I have changed my mind, and if you watch this video you might understand why. My attention was drawn to this YouTube video this evening by Dr […]

In a letter to its members the RLA said: “The RLA Campaigns Team is pleased to report that the Government has listened to us on Universal Credit – with Work and Pensions Secretary David Gauke today confirming tenants who currently have housing benefit paid directly to their landlord, can continue this arrangement under Universal Credit. […]

Where property people often go wrong is they focus on the strategy first: R2R, deal packaging, SA, HMO, lease options etc. Too often I hear people say “I’m going to focus on serviced accommodation” or “Rent 2 Rent” I recently presented why you should focus on the market 1st! What’s going on in your market? […]

International law firm Mishcon de Reya published a summary of budget changes to the 3% surcharge on Stamp Duty that were missed out in Philip Hammond’s budget address to Parliament. With immediate effect the Finance Bill 2017 to 18 will legislate to improve how the 3% SDLT surcharge for additional residential properties works by giving relief […]

I am in the process of selling my house and our solicitor has advised that there is a restriction on the property from the original builder Bellway homes, however they cannot help because they lost interest in the house when they sold it in 1991 after completing the build of the development. We are now […]

I’m yet another landlord to discover one of their single let tenants is Airbnb-ing their flat. I actually found out from the tenant himself when I requested access for a fire inspection and he responded that he was no longer there and had moved city and was now airbnb-ing the flat to cover the rent. […]

Bit of a complicated one this. My sister relocated to Edinburgh after her marriage broke down and has been renting a flat from myself via the letting agent I have used for years. As a single parent with a young child of school age her only income is whatever her partner decides to give her […]

My father (who died 20 years ago) owned a piece of land in Kent. There are 10 separate charges / creditor’s notices on the land dating from 1975 to 1987 related to bankruptcy. My mother applied to the Land Registry for an official copy of the Creditors Notice and Bankruptcy Inhibition for the charges, however […]