On 3 year tenancies which he wanted in July, Housing Secretary, James Brokenshire announced his plans to extend tenancies, justifying these by stating: “It is deeply unfair when renters are forced to uproot their lives or find new schools for their children at short notice due to the terms of their rental contract. Being able […]

I have a small portfolio of BTL houses and am in the process of buying an apartment within my Limited company. It’s a very nice upmarket place and there’s a chance that in 2 or 3 years’ time I might like to move there on a permanent basis or perhaps only for a few months […]

Thousands of homeowners are stuck in properties they cannot afford to continue living in and cannot sell, because they bought them as leasehold. In most cases, buyers were unaware of what being a leaseholder would mean, and some didn’t realise they were only buying the lease until it was too late. NAEA Propertymark surveyed more […]

Selective licensing is a location-based government provision that requires landlords in selected areas to hold licenses that enable them to legally rent their property. If your property is in an area that has implemented selective licensing then you’ll need to apply for a license. The Housing Act 2004 gave individual councils the power to implement […]

Currently, there is a nationwide campaign headed up by Generation Rent and supported by Salvation Army and Crisis amongst others. The campaign has over 50,000 signatures so far calling for section 21 to be scrapped. No-fault evictions Section 21 evictions, also known as no-fault evictions, are used when a landlord needs the property to be […]

So, you have an aversion to short term volatility in the mortgage market and/or you are fed up with shelling out every 2 or 3 years with arrangement fees and other costs to try to stay ahead of the market. Furthermore, there is the constant threat of rising rates because of Brexit, further mortgage regulation […]

Making a mess of recycling? Households could soon be charged a return fee Households who fail to recycle properly could soon be hit with a fee by their local council in a bid to reduce landfill waste. The plans, reported by BusinessWaste.co.uk, would see local authorities charge individuals whose households incorrectly put recyclables into general […]

I work for a company who owns many properties, we have staff living in them on SOA. I have converted all of them into fully compliant HMO’s. Even the 2/3/4 bed properties, just to future proof them for the CEO and so I can sleep at night. I am now in the process of ‘trying’ […]

I am the owner of a flat (1 of 4 in a converted house). Each of the owners is also a freeholder. Recently one of the flat owners decided he no longer wants to contribute to the whole buildings insurance and would like to do his own insurance (for his flat only)! If he does […]

Hi All, I’m looking at getting into property development as a business, having done the last few residential properties I have lived in myself. As it would be “quick flips”, rather than keeping for rental income, a limited company is definitely going to be the best way to go from a tax perspective (from what […]

Prime Ministers Questions House of Commons 05/09/2018 Question from Labour MP Helen Hayes – Dulwich and West Norwood “It has been reported this morning that the Treasury and Number 10 are blocking plans for legally binding 3 year tenancies for private renters. This is of great concern to private renters in my constituency including many […]

As a follow up to the article by Paul Shamplina ‘Section 21 – The Bigger Picture not seen by Citizens Advice’ and the subsequent comments concerning this article raising the point that Citizens Advice are a charity. One of our members Barry has supplied the confirmation and documentation below: Charity Registered charity number 279057 Click […]

A recent report published by Citizens Advice suggests tenants who complain to their landlords are more likely to be served a section 21 eviction notice as a result of their actions. The report called ‘Touch and Go’ claimed that tenants who complain about issues like damp or mould have a 46% chance of being issued […]

My friend and I had a meeting yesterday, both of us have been landlords for around 20 years. We exchanged our grievances of current government policies against landlords. In particular, my friend suggested that, he is concerned that, if Shelter or any other organisation suggested to government that any landlord caught farting, burping or snoring […]

My understanding is that When a tenancy has come to an end of its AST period, of say 6 months, it automatically rolls into a statutory periodic tenancy. Which means a landlord can serve S21 (4) No fault Notice of 2 clear months provided the tenancy started before October 2015. But if it started after […]

Britain’s buy-to-let landlords are divided over their future, in light of tax and market changes with 56% buy to let investors wanting to keep or buy more rental properties, and 44% are looking to sell. This is according to latest research from property-backed P2P lending product, Octopus Choice. The majority of UK landlords still view […]

Magellan Homeloans is offering a 90% of purchase price (subject to max 80% LTV) of undervalue transactions for Buy to Let borrowing. The launch of this new product range will initially be available through selected intermediaries rather than directly to the public. As an example – if someone is buying a £300,000 (valued) house at […]

Does the truth not matter to Shelter, or does the end justify the means? Shelter recently issued a document in partnership with the National Housing Federation (NHF) called “Stop DSS discrimination” I quoted this at length, and linked to it, last week: Click Here On page 7, under Rosie’s story, is the following paragraph: “Rosie’s […]

I have a tenant of 14 months who has gradually worn me down (complaints from neighbours & not paying his rent on time) to the point of issuing him a section 21 four weeks ago! He was initially on a 6 month AST all DPS, Gas/EPC & Prescribed info etc in place and although each […]

Hi Property118, I have tenant that has given the required notice to vacate on the 20th September. However he has now texted me saying his new let has fallen through and will not now be vacating! His rent is fully paid up and the deposit returned. I have a tenant signed up ready to move […]

1 property – 3 leashold flats with 2 of us owning the share of freehold. The owner of the flat that doesn’t own the share of freehold lives in New Zealand. We do not even have an address for her. All communication is via email. She can’t keep up with service charge payments (£500 p/a) […]