Tenancy Deposit Protection (TDP) schemes are companies approved by the government. They have the authority to govern tenancy deposits and oversee the process of deposit returns, deductions and disputes. Many landlords believe it is okay to let a property to a tenant and not take a deposit. Though in some circumstances it’s okay, it’s not […]

The Deregulation Act 2015 was passed on 26 March 2015 in a bid to reduce some of the burdens of previous legislation which no longer had practical use. The act as a whole covers measures relating to: general and specific areas of business, companies and insolvency the use of land, housing, transport, communications, education and […]

I’ve been contracting through a one-person limited company for 5 years now and have accrued profits that I’d like to invest in Buy to Let properties. I’ve read about setting up an Special Purpose Vehicle (SPV) to invest through, but what I can’t find any details on are the options for transferring the deposit between […]

Over the years I have done a lot of work to my own properties, because I have been involved in the building trade for many years I am reasonably multi-skilled and as such I have done a lot of work on my properties myself. Most recently I have improved a property significantly and spent about […]

The National Landlords Association (NLA) has launched a new version of their Fire Safety Logbook which has been endorsed by the Chief Fire Officers Association (CFOA). The Fire Safety Logbook aims to help landlords in England and Wales keep a record of their fire safety precautions in one document. The new logbook includes updated regulations […]

We always find that we’re called on more frequently to remove travellers during the spring and summer. With this in mind, The Sheriffs Office will be running a webinar on the removal of travellers from land under a High Court writ or Common Law on Thursday 9th June from 12.30 to 13.30pm. The complimentary webinar […]

Last year I used a few estate agents to let my two properties in two different areas. Somehow, one of them was successful in letting both. I however noticed that six months on two agents (one of them who was successful) are still using the photos and address of my properties on their general property […]

I have 3 HMOs 2 registered and one I was told was not registerable. I was told by the HMO man from the local council as it was self contained units so we just carried on as we were. I’ve now had a letter from the council/valuation department to tell me that as they are […]

When our parents died a few years ago my siblings and I inherited their house. My sister, living away, wants to return to live there eventually, but was unable to buy the others out at the time. We therefore agreed to transfer the property into our joint names and let it pending her being able […]

I used an established Letting agent to take on my tenant. However, as she had no references she paid 5 months rent for a 6 month contract. The agency never gained access to inspect, but continued on a one month rolling on contract. I warned the agency I was a month out at the end […]

Has anyone else had a problem with this situation? We let a three bed property on one AST naming the three tenants and the full rental price. The problem we now have is that two of the tenants want to leave and have given their notice, but the third person wants to stay, and is […]

To avoid second (and subsequent property) stamp duty I suggested to my conveyancing solicitor that my partner who has not owned property for several years use my funds to purchase a property (approx £60k) purely in her name and as a cash purchaser. We live together and plan to marry later this year. I have […]

I let an apartment out to a serviced apartment company using a normal AST. The company now unlawfully sublet out to a sister company without my permission, to their clients as serviced apartment rooms. What’s my position if I were to evict? Would it be easier than normal residential tenant eviction? Many thanks Mike

The “value”of Property118.com will mean different things to different people. For example, our readers may interpret the word value to represent the educational value of our content and forums. On the other hand, our investors might be more concerned with the financial worth of the business and returns on investment. Our role is to find a balance […]

The North West of England tops the charts as the best place to invest for high annual rental yields, whereas the South East benefits from huge increases in house prices. Despite George Osborne announcing an additional 3% Stamp Duty to be levied on the purchase of additional properties in his 2016 Budget, investing in property […]

I am extending my lease and FH made offer of: 1) Premium:£10,000.00 2) GR: Adjusted to £200.00 Per Annum subject to increase every 25 years in line with Retail Price 3) Term: Additional 90 years to unexpired term (99 years from 01.12.1986) 69 years +90 Years = 159 years Currently the GR is twice the […]

My partner is always having problems with her commercial landlord. Bottom-line – The property is shared between 4 different businesses and they all share the water bill. The landlord surprised her with a £900.00 water bill for her nursery dated since 2013. She asked for a breakdown, his VAT registration number and why 20% VAT […]

The recent Crowdfunding campaign launched by LettingSupermarket.com has just exceeded £100,000. The initial target was £125,000 and once this figure is exceeded the Directors have an option to close the campaign and take the funding or to over-fund and dilute their own share capital. Several Property118 members have contributed to the equity based crowd-funding and will […]

I have a mid terraced property the rear of which has a garden. The two sides of the garden are brick walls and the rear is a wooden lattice fence. The wooden fence requires replacing as it is coming loose from its concrete pillars. I have obtained costs for fully replacing the fence and supports […]

I have a prospective tenant who does not want to take out insurance on his own possessions ie furniture, valuables, hi-fi etc. Whilst I will have insurance on the bricks & mortar and my white goods & carpets, I don’t normally insure anything that belongs to the tenant as that is their prerogative. If this […]

My tenant is possibly going to prison soon for breaching his bail conditions. Will this allow for speedy re-possession of my property, or will I have to obtain a Court Order to gain re-possession? He has already been served a Section 21 Notice to Quit which expired a couple of days ago. I’ve instructed a […]