The House of Lords Economic Affairs Committee has today released a report titled “Building more homes.” The report strongly recommends that the housing crisis must be tackled and that the Government should increase its home building target by 50% to 300,000 new homes each year. Local authorities and housing associations must also be freed to […]

The Bank of England Monetary Policy Committee voted 8 to 1 to keep Base Rate at 0.5%. This was as suggested that they would wait until the August economic figures come through before making a decision. Monetary stimulus (Quantitative Easing) was also voted to remain the same. Any decision needs to balance the pressure to […]

I have a difficult tenant where the AST has ended approximately 6 months ago. I would now like to issue a S21 to terminate the agreement. The problem I have is I have recently moved house and I have somehow lost my file on the property including the AST paperwork. I am not sure when […]

Monthly Subscription Benefits Be one of the first to hear about new tax planning strategies as they evolve. Have Direct access to our Hon. Legal Counsel (Mark Smith (Barrister-At-Law) when you have legal problems. We will share group legal strategies with you (where possible and under advice) if you are affected by any legal action we are […]

Our tenants notice expired last week and they have said the council has advised them to stay until they can be housed. Their rent has always included bills. They have offered to pay some rent, but we are not sure if, by accepting it, we are legitimising their continued occupation of the property. However, we […]

I recently posted within a Facebook forum about a great student house we’d just completed, which we converted a three bed ex local authority property into a five bed five en-suite house. We’ve looked at the market and of course it is obvious that people want a their own bathroom and are thus prepared to […]

I am a MSc student studying real estate, and would be forever grateful if you could complete my dissertation survey. I am lacking respondents at the moment, so any help either by completing the survey, or further distribution would be amazing and I will share my results with Property118 readers (see link below). https://hw.onlinesurveys.ac.uk/slas The […]

I have come across a HMO property in Milton Keynes that is licensed however, doing checks with the council it does not seem to have any planning permission (article 4) for HMO use. Speaking to the council they have advised me that an already running and establised HMO will not need this permission.(has been running […]

We moved into our current rental home in March 2014, but prior to that there were tenants in it for at least 2 years (possibly more). Our estate agent has not given us the exact age of the home, but we do remember her telling us during our preview that it was built around 2010 […]

Will you be part of this all out assault on the injustices affecting landlords and letting agents?  The initial phase of our five phase strategy is almost complete. As I write our Crowdfunder campaign is 95% funded with 22 days to run. [strategicCTA]   Please share this article on Facebook and re-tweet the following. Thousands of […]

My tenant has been renting my house for just over two months and today I have found out she has fraudulently used my bank details, which I gave her to pay her rent into, to set up a direct debit to pay her phone and broadband provider. I have been in contact with my local […]

My ex purchased a property by way of a mortgage.  He lived there alone for several years, before meeting me. He asked me to move in with him, I agreed. We decided that we should make the house ‘our’ space, by re-decorating it from top to bottom.   I did all of the painting at the […]

I am a landlord in Scotland, I’ve been exploring transferring my portfolio or least half of it into a limited company. One of the main problems I’ve been experiencing is finding the right people to steer my through the process and don’t charge astronomical fees. I’ve spoke with a few brokers and commercial lenders and […]

Hi all, let me first thank you for giving me your attention! I’ve got three multi-occupancy properties in Doncaster that I’m letting through an agency that specialises in this kind of thing. They’ve been ticking over fairly well for the last few months, with me taking up to £500 net profit (after mortgage, insurance etc.) […]

OPEN LETTER TO ANDREA LEADSOM MP RE PRIVATE LANDLORDS @andrealeadsom – https://t.co/KpkYxASvsH pic.twitter.com/aO7ljphHB8 — Property118.com (@Property118) July 11, 2016 Dear Mrs Leadsom Please pledge to stop the government’s attack on private landlords! As a conservative party member and former local councillor, I was sorry to hear of your decision to withdraw from the leadership race, […]

My husband and I are in the process of an amicable divorce, he has a number of properties and wishes to gift two to me one to live in and the other to make sure I am financially ok, he has plans to move on with another woman. I’m not confident I can take on […]

I’m looking for advice from my fellow Housing Benefit accepting landlords. As more tenants are beginning to migrate to Universal Credit (UC) I am finding that I am being asked by the tenant (after being told by DWP) for an up to date/new tenancy agreement in order for their UC claim to be processed. Previously […]

Can someone explain me the math on a contract reassignment? (FYI: I know there are risks in contract reassignments, but my question is not trying to understand those risks) I have an opportunity to take on a contract re-assignment. The current vendor is selling it at lower than the original price which is what makes […]

I had a very interesting conversation this morning with Alan Harris of the Local Government Association. This week is National Scam Awareness Week where 370 local Councils are uniting to expose fraudulent practices. I explained that Property118 Action Group is bringing a particularly large (multi-million pound) private criminal prosecution to Court next month via Mark […]

Can anyone advise on the rights and responsibilities of Freeholders in relation to the tenants of their long leaseholders please. We are the freeholders of a block of flats and are very concerned about the letting agents employed by the long leaseholder of one flat, and also the behaviour of some of the tenants of […]

As a respectable, honorable landlord the buck firmly stops with you! However, the harsh realities is as we all know include constant chasing, booking workmen in and being let down. Just this week I had a young plumber who has been chasing me for months about giving him a whole job to “show me what […]