My 12 year old daughter has inherited a substantial amount of money from a relative, we want to invest this for her in property. We have a few rental properties already and would like her to have an interest in these by giving us some of her money. We will also be purchasing additional property […]

Housing charity Shelter have campaigned for increased legislation and bureaucracy and supported punitive increased taxation for private landlords. Much of the cost of this is inevitably passed on to tenants, with those least able to afford it suffering the most. The chickens are now coming home to roost. The Guardian article reported, see>> https://www.theguardian.com/society/2017/jun/24/social-housing-poverty-homeless-shelter-rent “Housing […]

Thank you to Simple Landlords for putting together this excellent video and also to all of the ladies who participated in it. For many Property118 Readers, this will be the first time you get to see one of our best campaigners ever, Dr Rosalind Beck. When the first very short video finishes there are others […]

One of the biggest hurdles faced by Buy to Let investors is achieving the level of borrowing they need to buy the property they want. This has become a bigger hurdle in recent months thanks to the PRA Supervisory Statement (SS13/16) which came into force at the beginning of this year and imposed mandatory minimum […]

Hi guys I am moving to London in August. In Ireland I sublet a number of properties on air bnb, all with the landlord permission and I take full responsibility and pay for all insurance that is required on my behalf. I also pay for any upkeep that is required on the properties.The landlord benefit […]

Readers of Property 118 will recall my previous article about the terrible tragedy of Grenfell. I pointed out that the reason Tenants in Local Authority Housing suffer inferior conditions to those in the PRS, stems from the Housing act 2004 and the exemption from licensing for Local authorities. Grenfell shows us that the act needs […]

HF Resolution Ltd, a subsidiary of Hamilton Fraser, has acquired one of the industry’s leading tenant eviction solicitor firms, Landlord Action Limited. Landlord Action was founded in 1999 as the first ever fixed-fee tenant eviction service. Led by Founder Paul Shamplina, Landlord Action has since acted in more than 35,000 problem tenant cases, become a […]

I am a landlord and I have been living with my partner in the same jointly owned property for 13 years. We are now separating and she is happy for me to take over the property as I have been paying for it for the past 13 years anyway. My current mortgage lender has done […]

I used a sourcing company to source me a newbuild flat. I was given assurances by the sourcing company that the property would be “mortgagable” before I exchanged contracts. The properties have now been built, however, we have been unable to obtain finance. We have used the in-house mortgage broker, as recommended by the sourcing […]

Responding to the announcement in the Queen’s Speech to cap tenancy deposits to no more than one month’s rent, Richard Lambert, CEO at the National Landlords Association (NLA) said: “The decision to cap tenancy deposits at no more than one month’s rent smacks of a political gesture from a government desperate to court the voters […]

Today (3.30pm), at the House of Lords, The Property Ombudsman (TPO) launches its latest annual report, which reveals an increase in the number of formal complaints resolved by the scheme and a record total of compensatory awards paid by agents. Property Ombudsman, Katrine Sporle, will announce that the overall number of awards TPO instructed agents […]

I was one of the many on Property118 who joined the valiant battle in Court (well done Mark and Mark!) to recover the illegally taken additional interest on BTL loans (they had raised the margin over the BOE base rate on what were advertised as “tracker loans”.  Today in the post came the info pack […]

On Sunday 18th June 2017, Iain Duncan Smith was quoted by the Sunday Telegraph as saying …. “Finally, it is time to look again at the way we treat private landlords who buy houses to rent. George Osborne’s decisions to impose a stamp duty levy on the purchase of homes to rent, to restrict mortgage […]

I received a call from someone saying they were my long-standing 60 year old tenant’s ex-partner. She told me that, since he died in his sleep a week ago, she and his daughter have nearly finished clearing the flat and are just about ready to hand back the keys. From our brief discussion and her […]

I need to give my tenant notice to quit and sell my property so that I am not affected by the S24 loan interest relief restrictions. Does anyone have a letter they would be willing to share which they’ve used to explain to a tenant why selling his home has become necessary (especially one which […]

Hope you like the animation! Is this how you feel landlords are being treated? Maybe our eBooks can help. Landlord Tax Planning Strategies eBook Guide To Forming A Property Partnership Guide To Incorporation For Private Landlords Landlord Tax Planning Presentation in PowerPoint and PDF https://www.property118.com/property118-tax-planning-analysis-software/

As a result of finally having run out of fingers to burn off in recent years I am now taking an altogether more pro-active stance with my letting agents at the pre-tenancy stage. In particular, I now require sight of all of the tenant provided documents as well as the full results of the credit […]

I have just been informed that a long standing regulated tenant has passed away. A friend of his called and with no answer forced entry with the aid of the police. The tenant was a very private man in his middle 90’s. I have had a few tenants die in situ before but with relatives […]

My dad has just received a letter from his second wife’s sons claiming that they have the right to make him leave the home he has lived in and maintained for the last 45 years (he’s 88 now) and to make him pay back rent as well. They have sent a letter of Pre action […]

My company owns 50% of a leasehold flat and has agreed to purchase the other 50% for £57,500. I was extremely surprised to hear from my solicitor that “SDLT is payable by all companies at the rate of 3% when acquiring a property at this level.” He also stated that he was taking advice on […]

This is you LAST CHANCE to register for the Property118/YPN/Cotswold Barristers joint webinar which will take place at 8pm on Thursday 22nd June 2017. The registration link is; https://ypnmagazine.infusionsoft.com/app/form/26e17cb41be832a3d7ecbda47a2bbf61 The webinar will be hosted by Ant Lyons, founder of YPN and guest experts will be Mark Smith, Head of Chambers at Cotswold Barristers and Mark Alexander, […]