I’m currently in the process of buying a property for myself and my partner to live in. We both currently live with our parents so this is will be our first and only residential property. I have a number of rental properties, all which are rented out and on buy to let mortgages. I have […]

My tenant has agreed to leave but owes £4500 in rent arrears. He has also agreed to pay off the debt in monthly installments. I want to formalise this is in an agreement,is there a procedure to follow for this? Does anyone have an example agreement I could use please? Karuna

The latest Halifax House Price Index shows prices in the Quarter to December 2016 were 6.5% higher than in the same three months of 2015. In December 2016 the annual change was +6.5%, quarterly change +2.5%, monthly change 1.7% and the new average house price stood at £222,484 Martin Ellis, Halifax housing economist, said “House prices […]

I have a residential mortgage with negative equity. I have had to rent out the property and am concerned about informing mortgage lender and being forced onto buy to let mortgage. I have a very low interest tracker mortgage. I am also wondering if I am put onto buy to let will I have to […]

Hi everyone, there is a piece of land adjacent to ours and the people that own it are applying for planning on it. However, the only access they have to the land is through ours. There does not seem to be any specific route or size of their access over our land and the only […]

I am interested in a Buy to Let flat in central London valued 625k. I would like to borrow 359k. I am told that equity levels are not as important as the rental income and to lend this amount, banks would require a minimum monthly rent of 2300 pounds pm. However, the flat currently rents […]

Hamilton Fraser, parent company to mydeposits, the Property Redress Scheme and Client Money Protect, has launched a series of property podcasts with Brand Ambassador, Paul Shamplina, and Managing Director, Eddie Hooker, covering key topics in the private rented sector. The audio podcasts are released every month and cover the latest landlord, tenant and agent issues, […]

I own two flats for which up until now I have been receiving the income and declaring it under self assessment. I now have some extra earnings which take me into 40% tax. I want to pass the property income solely into my wife’s name for tax purposes as she only pays 20%. I have […]

I am planning to become a non-resident landlord in the UK but I am anxious to avoid filling in a UK tax return again. A few years ago I left the UK and pay my income tax in the non-EU country that I now reside in. I do have cash savings in the UK but […]

I am a relatively new property investor with two investment properties which are owned personally. As I am a higher rate tax payer my strategy going forward is to acquire all future properties through a corporate wrapper (English limited company SPV). My investment strategy is simple – I acquire 2 bed houses with 75% finance […]

My husband and I own a portfolio of properties in Aberdeen and want to sell to re invest in smaller more manageable properties in Edinburgh for our retirement. We’re both higher rate taxpayers. We’ve been advised by one accountant to firstly sell our portfolio into a limited company to avoid CGT at 28% and then […]

Mortgages for Business data shows that for quarter 4 last year 69% of all new Buy to Let purchase applications were made in the name of a limited company. This is an increase of 6% on quarter 3 and a massive increase on the average of 21% in limited company names before Section 24 mortgage […]

We are buying a repossessed freehold property with shared common areas, car park spaces and gardens. The management company have asked for a retention of the purchase price, but they would not specify how much or what for, they also served notice of major works on the complex which contains leasehold flats and freehold houses, […]

My sister is a Lewisham council tenant for over 25 years and for the last 8 months her life has been a living hell.  There is water coming into her property, the walls are wet the cupboards are rotting spoiling all her food, the flat smells, she is being sick from the fumes, they came […]

My wife and I are both employed full time on basic annual salaries of £45k and £97k respectively. We let out 14 BTL mortgaged properties (avg 65% ltv across the portfolio) generating an annual rent of £215k, expenses of about £50k and mortgage interest of £150k. What options do we have to protect ourselves once […]

Chester West and Chester Council are inviting private landlords to join their new Private Landlords Service. The service will provide landlords with information and resources for including the latest news about the Private Rented Sector, a tenant finding service, tenancy support and sign up services and training and access to property improvement grants. It also […]

I have had a letter from the local Council asking me for proof that the front door to my flat is a FD30S door. This means is it a fire door that is self closing and able to be 30-minute fire resistance. I do not know if the door is FD30S compliant as it is […]

I would like to sell a couple of long term buy to let properties I own in order to purchase another income producing property in another part of the country (Somerset) where I wish to retire too. As I understand it even though I intend to use the proceeds of the sale of my properties […]

My current mortgage arrangement ends in June 2017 which means I have to repay my lender, C&G. The property was my sole residence until nearly 2 years ago when I had to move nearer my family (for health reasons). As I could not sell the house for an acceptable price I decided to let to […]

We are purchasing a repossessed residential property in Gloucestershire and have engaged a solicitor I haven’t used before (the previous two were hopeless). This latest solicitor is also less than impressive thus providing motivation for this thread. I would like to know what legal issues we should be looking out for in a repossession purchase […]

Can I please have your advice on a matter that a mate of mine has found herself in? She has a house that her partner has rented out, but has never issued an AST, the tenant has not paid a deposit, so nothing was protected. The rent is very low, and the property now needs […]