Former member of the Bank of England’s Monetary Policy Committee, Dame Kate Barker, has warned the Treasury Select Committee that families could lose their homes as a result of extra tax burdens on landlords through Section24 reduction of mortgage interest tax relief. Dame Kate said that these changes will affect the housing stock and that […]

The Royal Institute of Chartered Surveyors (RICS) have produced a Rented Sector Policy Paper for England. To see the full report Click Here The Introduction starts: “Since the 1990s, the UK has undergone significant demographic change: people are settling down later and living longer, incomes of younger households generally haven’t risen in real terms since […]

Watch a 10 minute clip of specialist housing barrister Sam Mdage-Wyld explaining retaliatory eviction, taken from the Legal Update Online Video Course (NB special 50% reduction offer ending tomorrow, 9th December) You will find it on this page click here featuring Sam’s online video workshop. You will need to scroll down until you see the […]

I have just discovered that my tenants, who are the only ones named on the contract, are sub-letting the 2nd bedroom in the property without my permission. This sub-let took place from the commencement of their tenancy, nearly 6 months ago. It clearly states within their contract no sub-letting is to take place without my […]

I bought 3 apartments off an estate agent who personally owned them himself. He needed to sell to stave off bankruptcy FYI. I own all the apartments above his agency, there are only 3. I have a lease with him for 99 years with 97 outstanding. The lease states regarding repairs that we must “pay […]

MR WHIP OFF by Disgruntled Landlord Councils flaunting and breaking Statutory Laws collecting council tax I have copied my letter I am sending to Norwich City council regarding the way they view the landlord’s liability. The letter is un-edited so it shows more than you need, the bit you can skip to is the last […]

My tenant gave notice on 23 November. ( currently on periodic tenancy) His lease period runs from 15th – 14th of each month. I had presumed that he was required to give one clear tenancy period’s notice in writing (i.e. must end on the last day of a tenancy period) . In other words one […]

When I bought my leasehold flat the two wood-framed window & door were in very poor repair. So much so that the managing agent contacted me to say that the decorating contractor found that the sills are rotten and the bottom edge of the windows is beyond repair. According to the lease the landlord should […]

How long do you need to keep ‘right to rent’ data in order to defend yourself against prosecution?   Are you at risk if you destroy your copy documents? You will find it on this page click here featuring Sam’s online video workshop. You will need to scroll down until you see the video clip […]

In the U.K. We have a chronic shortage of Housing. Apparently we need 250,000 New Houses a Year but last year (and that was a good year) we built 141,000 new homes !! The Government can’t afford to provide them and nor can Local Authorities so over the past 15 years or so the ” […]

Listen to barrister Sam Madge-Wyld discuss Rent Repayment Orders and how they can affect ordinary landlords like you.   You will find it on this page click here (you will need to scroll down) featuring Sam’s online video workshop which is on special offer this week at 50% discount. Today the first of four clips […]

London Mayor Sadiq Khan hopes his living Rent plans will supply 90,000 new homes by 2021. The idea will set rents at no more than a third of the local average household income while tenants save for a deposit to buy a property. £3.15bn has been pledged to London from central government in the Autumn […]

Peterborough is one of the UK’s fastest growing cities in terms of the economy, population. and has excellent transport links to London and Cambridge. Yields of 7% are currently achievable due to insufficient rental stock to meet demand. There are also strong capital appreciation predictions as the city is currently in year 8 of a […]

Nottingham City Council (NCC) is looking to implement a citywide selective licensing designation, which proposes to license 35,000 residential properties at a cost of £600 per property. This designation will include all non-HMO properties in the city. They intend to undertake a 10 week consultation in the near future with the scheme to commence early […]

I have a 2 bed top floor flat in Aberdeen. The bathroom has a velux window but no extractor fan. The current tenants have asked me if I could get an extractor fan fitted as they feel there is a lot of condensation and don’t want the window open all the time. I would like […]

I’m a landlord that has a large apple tree within the back garden. It overhangs the public highway (end of a quiet cul-de-sac) which runs along the back of the property. As it has been that time of year that it usually deposits a large amount of apples on the footpath / road. As I […]

Legal Update It is really important that landlords are up to date with all the new rules coming in.  So you may be interested in this legal update page provided by Tessa Shepperson of Easy Law Training and Landlord Law. Tessa will also have a very special offer for Property 118 readers tomorrow so watch […]

Over 250 property investors from across the UK celebrated and joined together on Saturday 3rd December, at the Imperial Hotel in central London, for an Awards Ceremony and night of entertainment. The evening brought a diverse range of property investor’s together and showcased their achievements and projects which had taken place during the previous year. […]

I’m looking at venturing into the mixed use property market (e.g. shop on ground floor, residential above). Two reasons: No need to pay SDLT if it’s under £150k, even though I own multiple properties. Diversifying my portfolio so all my eggs aren’t in the residential sector. The property I’m looking at is freehold and is […]

I have a small block of three domestic flats and wish to sell the lease for the building, the ground rent for the three properties pays £1200 pa, up to 2030 2030 – 2055 = £1800 pa 2055 – 2080 = £2250 pa with provision for unforeseen extras Does anyone here know how to market […]

A survey at present on property 118 suggests 71% of landlords will increase rents as a direct result of section 24. Here is why I believe 100% of rents will inevitably have to go up. Like a lot of landlords, I have not increased rents to my tenants for the last few years or so […]