I think it’s fair to say that the general consensus amongst mortgage professionals is that lenders still aren’t doing enough for older borrowers. At first glance you might look at most lenders looking to lend until age 80 as being quite accommodating, but as we start to work longer, live longer and need to borrow […]

My boyfriend and I have just moved to London and have found a room to rent in a flatshare. Being new to England I’m not sure of the legalities. We are dealing with a live out landlord, however he has given us a lodgers agreement to sign. From what I understand as he does not […]

I have a tenant on housing benefit that has handed in notice of 4 weeks even though she has 5 months to run on her fixed 6 months AST. If she moves out were do I stand. At the moment the council pays the benefit direct to me. Many thanks George

I recently sold my property a share in a freehold. When I moved to the property I undertook a lot of maintenance and repair. Prior to this it would appear people left things to the last moment rather than fixings things in a timely manner. Now almost near completion of sale the other freeholders raised […]

I have made an offer for neighboring property that is a flat in a block of 4. I have a right of way across their car park & have identified some development potential that I have previously discussed with the freeholders. I set up an SPV (Single Purpose Vehicle Ltd Co.) with a partner and […]

Client money protection (CMP) should be made compulsory four out of five buy-to-let landlords believe. A majority of landlords feel CMP should be compulsory when they use a letting agent to rent a property out, according to new research. Of 85% of landlords that use letting agents, a significant 81% believe that CMP should be […]

Hi Property118 readers, I occasionally hear about FREE services for landlords, and I’m now in contact with a company that provides two free services that could benefit many landlords: Room in roof insulation Free central heating boilers The room in roof insulation is for properties with an attic room.  The company will come and insulate the […]

My tenant who is on benefits is in arrears and the guarantor is not paying the rent. Do I take legal action against,the tenant or guarantor? I have been granted order of possession by the court and the council have told tenant not to move out until a bailiff knocks on the door. I have […]

Partnerships operating a property rental business can convert to a Limited Company status (“incorporation”) and claim tax relief to offset both capital gains tax and Stamp Duty that would otherwise be payable. The benefit of incorporation is that it allows landlords to retain profits at corporation tax rates of 20% and falling, and continue to offset 100% […]

Mohammed Ali, not the boxer but a landlord from Birmingham, has already done the necessary tax planning to nullify the effects of the tax changes that will increase the tax bills for over 500,000 landlords from April 2017.  He and his wife manage their property rental business full time and don’t have any other income from any other […]

National campaign kicks off in Swansea and Dorset to improve industry compliance and raise awareness among consumers so more landlords and tenants ask about fees when they shop for an agent. The Property Ombudsman Scheme (TPO) has launched a new national campaign with the Chartered Trading Standards Institute (CTSI) to tackle lettings agents that are […]

I read this wonderful website and it’s so helpful half of my knowledge as landlord is coming from here. So thank you to all of who contribute to this place. I need urged advice and opinion from everyone regarding a situation in which I am at this point. I have two properties one BTL and […]

The question arises in relation to pet damage caused to a kitchen unit door. The property was occupied as a HMO which a group of friends occupied. Two of them jointly requested permission to ‘get a dog’ – which resulted in two puppies (from the same litter) being brought back to the property. Unfortunately the […]

Today I launch my comprehensive report: Section 24 of the Finance (No. 2) Act 2015: “the unjust legislation that will make the UK housing crisis much worse.” I would like to thank all of those who have contributed to this report, which I hope will have a significant impact in our campaign to reverse this […]

First of all, thank you for creating and managing the web site which I find very useful in this changing environment. I have read most (if not all) of the articles trying to get my head around all the current and new requirements and I still have so many questions. I hope I can get […]

I completed on a sale of a flat in 2009, received my first service charge invoice in 2013 with backdated amounts. Was not happy about this so spoke to the management company and told them they had failed to comply with section 20B of the landlord and tenant act 1985. We agreed (verbally only – […]

Getting a deposit from tenants with no assets has always been a problem, but for those of us who let to DSS tenants we are left open to the risk of criminal damage and rent arrears if the tenant turns out to be a rogue/bad tenant. For landlords who let to professional tenants, this is […]

I live in a property with 3 flats. One of the flat owners owns the share of freehold of the property along with myself. The leaseholder of the 3rd flat is failing to pay the service charge (£250 every 6 months) on time nor is he paying the yearly ground rent (£200) on time and […]

I hope you will not mind me posting anonymously but you will understand when you read my question.  I read with interest on Property118 that a landlord can transfer a percentage of ownership of a property as well the tax liabilities accruing to that percentage to a spose without incurring Stamp Duty, capital gains tax […]

  Research conducted by Property118 members has revealed how up to 4.6 million tenants could be affected by George Osborne’s tax attacks on buy-to-let landlords.  In spite of ever-mounting criticism of the Clause 24 tax-grab from various quarters of the United Kingdom’s private rental sector, constituency MPs persist in replying with the following two points, […]

We have decided to let out our primary home as we have now had two buyers pull out and we’re worried the vendor of the property we are buying won’t wait. So, we are aware we’ll have to find an extra £11,000 for stamp duty on the second property. Initially I thought that we had […]