If a tenant owes a large amount in arrears why not consider making the tenant bankrupt as this alone will shake them? I’m not a lawyer but if the arrears are over £5000 it seems feasible with their assets used to pay off debts? Worth considering? Peter

Like many landlords on this forum, I let properties to tenants in receipt of Housing Benefit. I usually get the HB paid direct to me as not all tenants would use it to pay their rent. I have recently read that the Benefit Cap is being reduced in November 2016, and as the Housing Benefit […]

My partner and I have split up and she has moved into our jointly owned property which is on a buy to let mortgage. The property was previously rented out and she is now depriving me of an income. I have warned her that she has to tell the lender that it is no longer […]

We have RTM of a block of 15 flats. There is a large basement which is marked in our leases as an ‘internal communal area’. Access to the basement is from a door at ground floor level in the communal hallway. There is a small room within the basement where all our meters are kept. […]

I wonder if someone can advise me if this is Ok to do, I have always managed my properties myself over the last 15 years and have always put my home address on the tenancy agreements and was wondering is it o.k to use an address of a company I own (which has no connection […]

I have found a house that would I would like to buy as my main residential property. Although I wasn’t looking to move, it’s a very good price and I would end up making approx £400k on it after a new kitchen and some cosmetic work. The problem is, I already have a house which […]

I am planning to ask my mother to manage 2 properties for me which would include inspections, agreements, certificates repairs, gardening, cleaning etc at £800 a month. I would like to set-up my mother as a sole trader paying NIC 2 taxes. The tenants will pay rent directly into my personal account which I would […]

I need to renew the bathroom and kitchen taps in a mid-price 2-up 2-down BTL house let to a young professional family. Nothing fancy is needed, but I want something that’s going to last and be durable enough for BTL. I’m wary of just sticking cheap B&Q level stock in there. I want to minimise […]

Surveyors say that activity in the UK housing market has stabilised post Brexit, with sales and prices expected to rise in the coming months. Property sales in the aftermath of the referendum dropped sharply, but had now stabilised, the Royal Institution of Chartered Surveyors (Rics) said. Its members predict that house prices will increase by […]

This is another one of those articles which deserves sharing on Facebook. However, this time we are the authors of neither the title or the article. It was written by Tracey Boles, news editor at City A.M. LINK Many of the tax campaign inner-circle at Property118 have already written supportive letters of gratitude to Tracey for […]

Second charge loans can be very real alternative to a remortgage. While every application needs to be considered on its own merits, the second charge industry has recently become more competitive and attractive with lender rates now starting from 4.50%. Reasons for considering second charge loans: 1 – Keeping your existing low rate mortgage You […]

Dear Sirs We had our scheduled committee meeting yesterday and it was agreed that we would help promote your action group to our members. There were some questions that I hope you can answer: How and who decides what issues the action group take on? Is there any criteria to be met before a case […]

Ten years ago my husband and I bought a newly converted leasehold flat for my husband to live in for work purposes when working away. Shortly after purchase the management agent sold the freehold and the service charges increased significantly. A tribunal ruled that electricity charges be itemised separately (although individual meters were put in […]

It would now appear that Liverpool Landlord Licensing may now be on a collision course with the office of the surveillance commissioner. The Council in their conditions on ASB, and their insistence on Landlords obtaining details of guests in spare bedrooms not only breach the tenants right to privacy and quiet enjoyment as well as […]

We now have 134 conditional pre-orders of our book “Our UK Buy-to-Let Tax Strategy” and we haven’t even finished writing it yet! The reason the pre-orders are “conditional” is that no money will be taken and the book will never be published unless we hit our £5,000 target of pre-sales by 23rd October 2016. The book costs […]

Most people use Facebook these days, if you are one of them please read on. We plan to publish a lot more articles extolling the virtues of buy-to-let landlords, it would be good to get these shared. Most of us are sick to the back teeth with anti-landlord propaganda. Together, we can counter it. How long […]

As soon as I got the news the morning I wrote to my good friend Glenn Ackroyd to offer him my congratulations. Both Glenn and EweMove have been supporters of Property118 from the outset. Glenn was one of the first to become a founder member of Property118 Action Group. The business was sold to Martin […]

I shall be most grateful, if you could kindly shed a light on my situation. I have a case, where I just evicted a tenant successfully. The tenant has paid all rent and there is nothing outstanding in relation to arrears and the property has been left in a reasonably clean condition. Now, the situation […]

Dear Ms. Ellison, SECTION 24, 2015 FINANCE ACT (No.2) I was exceeding pleased to see both Gauke and Osborne shifted from their positions and held high hopes for new thinking, preferably from people who could demonstrate a real understanding of professional landlords. Unfortunately it seems you are continuing to state the obvious falsities of your […]

Hello and I am new to Property118 and about to be a property owner. To cut a sad story short, I’m about to inherit a small property and I’m thinking about renting out. I’ve begun doing the research and it is making my head spin. So I was considering letting an agency manage the property […]

A 3 bed Semi for £60,000, 11% yield I would have thought it would be easy to sell but alas no. I have found Middlesbrough and the North East in general challenging. Hence I have offered to pay the buyers stamp duty. I presume I would be able to offset this additional cost against my […]