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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]