Page 683 – Property118

Ripped Off By A Mortgage Lender?

22nd July 2016

Property118 Action Group is organising a FREE TO ATTEND conference for anybody who has been ripped off by a mortgage lender. Mark Smith, Head of Chambers at Cotswold Barristers will be explaining how Property118 Action Group managed to reclaim £27,500,000 of overpaid tracker mortgage rate interest, plus legal costs and compensation, from West Bromwich Mortgage Company and […]

3 new flats and garage demolished but no reduction in service charges!

22nd July 2016

I own a purpose built flat in a block of 8. The freeholder obtained planning permission to build a further 3 flats at the development. As our garage was to be demolished we appointed a PWA surveyor. The surveyor was informed that all building works had been completed in April but the freeholder is claiming […]

Open Letter To The New Chancellor – @PHammondMP

21st July 2016

Dear Mr Hammond,  Upon her welcome ascension to the role of Prime Minister, Mrs May verbally committed the Government to act on behalf of the striving workers of Britain, rather than exclusively for the benefit of those at the top of society. It is therefore in this light, that I feel I must bring the […]

Half of tenants would consider moving town to purchase

21st July 2016

More than half of tenants would move or consider moving to a different town or city in order to buy a home, according to a new poll of private renters. The poll found that 27% would relocate in order to buy a house, and a further 29% would consider doing so. However, 44% of tenants […]

Private rented sector to remain strong in 2016

21st July 2016

Demand from potential landlords looking to invest in the private rented sector looks set to remain stable during the second half of this year, according to new research. Buy to let still remains an attractive income investment as average returns are currently beating all other mainstream investments. This is also despite the recent introduction of […]

Breaking news! The cost of a High Court writ to rise to £66

21st July 2016

Last night in the House of Lords, The Civil Proceedings, First-tier Tribunal, Upper Tribunal and Employment Tribunals Fees (Amendment) Order 2016 was approved. The new fees, which see an increase in the fee to issue a writ, will be implemented on this coming Monday, the 25th July 2016. Unlike many other fees which were increased […]

Buying property with lifetime tenancy?

21st July 2016

I am considering buying a 2 bed house for £80k an elderly couple have been tenants for over 40 years and say they have a secured tenancy for life. The current price for similar houses is £110k? I think this would be an investment long term for my family and better than savings. What are […]

Neighbour complaining about tenants parking?

21st July 2016

I have just been contacted by the neighbour of one of my tenants to say that everyone is unhappy with the tenants parking. The property has a driveway that holds two cars nose to tail and one by the side. The issue is the tenant parks a large old mobile home/ camper, a rusty old […]

What are the implications of more of us becoming landlords?

21st July 2016

The headlines have been telling us that the number of landlords in the UK has been increasing in recent years as more people choose to taking their savings out of the banks and reinvest it in property. Though this could go some way to solving the so-called housing crisis that the country is currently in […]

Stylish Buy to Let apartments in Liverpool with 10% deposit

20th July 2016

It’s an exciting time to consider investing in Liverpool, the 6th most visited city in the UK. It is home to several regeneration projects including the £5.5 billion redevelopment of the Vauxhall area, aiming to create 17,000 full time jobs. Liverpool is consistently named as a buy-to-let hotspot, due to reasonable house prices and high […]

Post Brexit property investment made easy

20th July 2016

Starting from only £84,600, this development in Cambridshire offers some of the most innovative payment options and higher than average yields, making in the perfect investment in the post-Brexit era. Located in the cosmopolitan city of Peterborough, Orton Square gives its residents the best of both worlds: a short commute to London’s city centre as […]

Newly painted ceiling water leak damage?

19th July 2016

I`m a private landlord and rent out a top floor flat. Last year the flat was fully refurbished including new bathroom and kitchen. Flat below is also rented out. The letting agent for flat below contacted us regarding stains on their roof. On inspection our flat had a small leak under the bath due to […]

Wear and tear allowance tax question

19th July 2016

With the change in the wear and tear allowance, I am trying to work out the maximum I can spend in each rental property that I own for the 2016/2017 tax year that we are currently in. I’ve already replaced carpets and other furnishings in the properties and I’m trying to work out what the […]

ARLA and NAEA comment on new Minister of State for Housing and Planning

19th July 2016

David Cox, managing director of ARLA, and Mark Hayward, managing director of the NAEA, comment on the appointment of Gavin Barwell MP as the new Minister of State for Housing and Planning & Minister for London: “We would like to congratulate Gavin on his new appointment and welcome him to his new role. This is […]

6 months rent up front but nothing signed!

18th July 2016

We are renting a house and the landlord told us he’s selling so we looked for somewhere else to live. We found a house and paid 6 months rent up front to secure the property to the estate agent. We then got a call form our original landlord to say he’s no longer selling his […]

Repossession Order and what to do with tenant belongings?

18th July 2016

Following the serving of a Section 21 Notice on a tenant of mine and subsequent application to the Court for a possession order, it was successfully granted. My tenant is due to give up the property in 2 days time. My tenant has not been living at the property for quite a while (I know […]

Is this normal tenant behaviour placing laminate on top of carpet?

18th July 2016

I’m looking for advice on what other landlords would do. My tenants have asked me if they could put laminate floor down instead of carpet and I said no as carpet was only a few years old so they went over the top of carpet with laminate which does not look nice. They also complain […]

Stress Tests have increased compared to base rate?

18th July 2016

I am Looking in Depth at the remortgaging process and I have seen some big changes to the BTL lending criterias of recent as I haven’t re mortgaged for a number of years. Being from the South East where yields are not that good what are people thoughts on what looks to be all lenders […]

Government And Media Urged To Show More Respect To Private Landlords

17th July 2016

We urge government and the media to show more respect to private landlords and the vital role they serve in respect of UK housing provision and the economy generally.  Sympathisers and supporters of Generation Rent have been systematically brainwashed into blaming private landlords for decades of under supply of new housing. We are also urging these people […]