My partner and I have 4 fixed mortgages coming to an end over the next couple of years. The problem we have is I would like quit my 9 – 5 job move to the countryside and start working part time to enjoy the hard work we’ve put into building our portfolio. My partner is […]

I have recently purchased a 4 bed property for £250,000 (total plot around 300 sq/m). I have a residential mortgage on the property of £150,000 (60% LTV). To the rear of the property is a large plot of land suited for a new build – I’m 99% sure I will be granted planning to build […]

M&B own a 4 bedroom semi detached property with a mortgage. Both were born in 1957. They have 2 children. Daughter A was born in 1985 and has an acquired disability through viral encephalitis (herpes simplex) at the age of 3. A now has severe epilepsy, severe learning difficulties and right sided hemiplegia. A currently […]

We were granted an eviction order for non payment of rent amounting to more than £3,500. The tenant was due to vacate on July 13, which she did, but removing only some of her furniture, etc. The remainder of her furniture, belongings, clothes and personal items are still in the house. Despite many text messages […]

I bought a derelict flat next to West of Scotland university in Paisley (it had been empty for a number of years ) and I converted it to a 4bed flat. Initially the assessor gave it a council tax banding of Band C which is OK to this point. The HMO Licence was granted the […]

The top city for rental yield has been revealed as Manchester, however the best overall returns are still offered by London, according to a new report. The average rental yield in Manchester has reached 6.8% between 2010 and 2016, coming out on top in a list of postcode areas in England and Wales where rental […]

We have someone in our home whom we have sublet a room to. She screams day and night, she hasn’t signed the agreement which she promised to do as she entered the home and she doesn’t pay the rent. Recently she has filed a case on one of our friends who also stays here, on […]

Last minute changes to the Immigration Bill to give greater protection to landlords were approved in May, shortly before the bill received royal assent. Right to rent Section 22 of the Immigration Act 2014 introduced the Right to Rent regulations which make landlords responsible for checking that their tenants have the right to rent in […]

We rent out a furnished apartment via a letting agent. We have just inspected with the letting agent present and the tenant has removed all the furniture from the second bedroom and a table and chairs from the dining room. He has also turned the second bedroom into a study. We were asked by the […]

We have a property on a 12 month AST with 5 months left to run. The tenant has not paid his rent this month and on further inspection we find that the property is being sub let, but with him keeping a bedroom. He is out of the Country until September and on speaking with […]

As a result of the success of the campaign against the West Bromwich Mortgage Company we have had enquiries regarding losses caused by the unlawfully demanded repayments, which the repayments of overcharges do not compensate for. Capital and income losses that we can seek compensation for include- LPA receiverships arising from failure to pay the unlawful […]

I am in the process of trying to complete a ” Business Lease ” on a car from BMW and have hit a stumbling block . They are stipulating I must be Self Employed or have a Business in order to lease a car under a Business Contract. Now here is where the problem lies […]

I have recently bought a second buy to let property and a little unsure of what costs that can actually be deducted from my income. I let out my first property since 2014 and the purchase of the second property completed in May 2016 and it was then been let out in June. I am […]

I own a property which has both a Freehold and Leasehold title. In 1998 I asked my Solicitor to transfer both Titles into my own name from the names of me and my then girlfriend when the relationship ended. I paid her £4000 for her interest in the property. The Leasehold interest was successfully transferred […]

Two years ago I bought the 999 year lease for one of 12 flats in a converted property. A Ltd company was in place, with 12 share certificates, and the developer as sole director. Once all 12 flats were sold the developer resigned his directorship and in February 2016 and passed the management to an […]

The TaxPayers’ Alliance is a British pressure group and think tank formed in 2004 to campaign for a low tax society. The group is thought to have around 100,000 supporters.  The mission of the TaxPayers Alliance is “to reverse the perception that big government is necessary and irreversible; to explain the benefits of a low tax […]

When we try to explain to our MP’s the consequences of the section 24 restrictions on finance cost relief for individual landlords ONLY their eyes soon glaze over.  It’s not easy for the best of us to understand, let alone explain! That’s why the video below is so important. Arrange a meeting with your MP, […]

Dozens of paparazzi and hundreds of landlords wearing bright orange T-shirts will surely turn heads at the Property Investor Show at Excel on Saturday 8th October 2016.  Every single person who reads Property118 is invited to attend, bring along their landlord friends and to extend our invitation to their professional advisers. Entrance will be FREE […]

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 […]

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 […]

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 […]