I am renovating a HMO and had to give notice to the remaining tenants. One refused to leave when the S21 expired. Because he was in discussions with the council about rehousing him, I held back from issuing repossession proceedings. However, after several weeks with no progress, I paid £1,250 to a well-known firm to […]

The Think Tank, Resolution Foundation, has reported home ownership is now at a 30 year low. Using data from the Office for National Statistics Labour Force Survey (LFS) the Resolution Foundation is reporting home ownership to have fallen from its high point in 2003 at 71% of the population to under 64% today. The highest […]

SpareRoom.co.uk have issued their UK rental index for Q2 2016.  The data reveals that rents are rising fastest in Swansea (12%), Bradford (11%), Portsmouth (11%) and Swindon (11%) Other statistics: London is amongst the towns and cities seeing the least room rental growth in the last 12  months, up just 1% along with Belfast and West Bromwich […]

Manchester has been subject to major regeneration over recent years. With Spinningfields in the south of the city, and NOMA in the north, where should individuals buy investment property in Manchester? Both NOMA and Spinningfields have been named as some of the best buy-to-let locations in Manchester. In the north of Manchester on the perimeters […]

My unmarried partner and I have residential and rental property. We decided to add future properties in a Ltd company to help children and minimise tax. We have roughly 25% deposit and additional stamp duty (146K) to invest in an HMO (420K, 8% return plus 10% 6 month appreciation). I would like to lend the […]

I am looking at getting a mortgage on a freehold flat, however I would become the buildings manager and own the land. The upstairs flat would apparently pay me ground rent and pay towards the home insurance. The upstairs flat is leasehold and has 78 years left. Would you be able to explain what that […]

In London, we are in a small block of flats all with share of freehold that share a garden with some private and communal areas. We own all the flats bar one and usually rent those out, but do occasionally return to live there. The one flat we do not own contains a 30-40-something couple […]

My letting agent has just informed me that they have grown and now registered for VAT, as such future bills will have VAT added. As an individual this will put up my cost by 20%. I know they aren’t making any more money from this but they have only provided me with 4 days notice […]

When we initially viewed our rental property and prior to signing the rental agreement, there was a fault with the integrated fridge freezer which was pointed out to the letting agent. We were assured this would be addressed. With that in mind, we duly signed the agreement believing that it would be repaired. It took […]

I am very new to the whole property investment market and I have been researching two areas for investment property (flats) at the moment in Slough and Ilford. I have made a few offers, unfortunately my bid usually just falls through. I wonder if my offers are too low or investors see something that I […]

I am looking to a buy a flat locally for £60,000 the current rents achieved are between £550 to £600. The same flat on the same floor is worth £75,000. I am looking at a pension really more than short term gains or income which is not needed. In this position am I better going […]

According to recent figures, Manchester ranks 4th in terms of rental yield and buy-to-let property. Investors can take advantage of the booming market and current launch offer discount of 10%, and invest in Naples Gardens, an exciting development near to the extensive £800m regeneration project, NOMA. Naples Gardens is located close to the NOMA regeneration […]

FAO Chancellor Of The Exchequer – Mr Philip Hammond MP Dear Mr Hammond Re: Levelling the playing field between owner occupiers and private landlords In reference to George Osborne’s commitment to “level the playing field” on UK housing between owner occupiers and private landlords we would like to suggest the following additional steps given the […]

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 […]