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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 […]

Nightmare of only half the Freeholders paying for repairs?

15th July 2016

I live in a property in Hove, East Sussex of 6 flats as part of Victorian building. I am very stressed with the problems of the flat and need some external advice on the matter. Here are some of the facts 5 of the flats are share of freehold , 1 is just a leaseholder. […]

Disagreement on share of Freehold decorating obligations?

15th July 2016

There is a disagreement regarding the shared cost of decorating a ‘communal hallway’. We are four flats, all four flats have an equal 25% share of the freehold which we purchased some years ago. Our names are registered on the Land Registry. We split cost of works to the exterior of the building, building insurance […]

Repayment of Buy to Let mortgages after husband’s death

15th July 2016

My husband, who passed away in December, had 3 buy to let properties with mortgages on his name. Two interest only with Mortgage Express (ME) and a repayment one with The Mortgage Works (TMW). All properties are tenanted and there haven’t been any arrears on any of them. In April both mortgage companies informed me […]

House of Lords Report “We must tackle the housing crisis”

15th July 2016

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 […]

Bank of England keeps base rate at 0.5%

14th July 2016

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 […]

Terminating tenancy but lost the AST and not sure of dates?

13th July 2016

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 […]

Property118 Action Group Membership £10 A Month

13th July 2016

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 […]

Paying bills for tenants after their notice expired

13th July 2016

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 […]

Devil is in the en-suite detail

13th July 2016

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 […]

Views of landlords regarding tenants who receive housing benefit

13th July 2016

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 […]

Purchase of a licensed HMO without planning permission?

12th July 2016

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 […]