Page 700 – Property118

Best Place for Landlords to buy a Washing Machines and other White Goods

15th April 2016

. Most landlords like me already know that Amazon.com is a great place to buy books but have you ever checked out their prices for washing machines and other white goods?  What’s more, if you buy from Amazon via Property118 you will also be helping to fund the running costs of our forums. You pay no more than you […]

Property118 Bookstore

15th April 2016

. You will find the Property118 Bookstore between discussion comments which are below articles. Here’s an initial selection of best sellers your consideration. It gets better! Anything you can buy on Amazon you can buy via Property118 at exactly the same price. When you make a purchase from Amazon via Property118 we receive a small […]

Permission to let – can I get bank to change their mind?

15th April 2016

I live in a 2 bed flat with my partner and 2 kids and I want to rent the property out so we can then rent a large house for 2 years. I am a landlord myself and I own other flats on BTLs. I don’t want to sell it as its in a good […]

Should I evict or renew?

15th April 2016

I have a three bedroom house in nice condition, but not right on transport links. In September 2015 I rented it out on a 6 month tenancy. I was told that it was a man and his girlfriend, her 10 year old boy, and the baby which she just had, and her cousin. So I […]

Stamp duty changes trigger a price war

15th April 2016

The buy to let crackdown by Chancellor George Osborne has triggered a ‘price war’ as banks try to tempt aspiring landlords. Lenders have slashed rates on buy to let mortgages to record lows in an effort to keep the market alive and growing. Banks also reported a last-minute rush to buy second properties before a […]

Manchester Building Society fights for survival

15th April 2016

In a report issued by Reuters Manchester Building Society is “fighting for survival”  The future of the mutual is thought to be in doubt after they wrote to customers warning them to keep balances within the £75,000 limit covered by the official compensation scheme. The society admitted that it had “material concerns” for its future as it posted […]

LANDLORDS FIGHT BACK!

14th April 2016

Further to my last update, we are delighted to announce that we are now fundraising for the next stage of our legal challenge. Please see >>> www.crowdjustice.co.uk/case/tenanttax Please pledge as much as you can to this mutually beneficial cause, which is fighting to abolish the Tenant Tax – Section 24 of the Finance (No. 2) Act 2015. […]

BTL in Manchester with free legals and Stamp Duty Paid

14th April 2016

Victoria Gardens apartments and townhouses are situated in one of the major residential hubs in the City of Manchester. They are well placed for investors and homeowners alike, offering excellent links to the city and direct access to the Metrolink into the City centre, business districts and surrounding suburbs. This development offers luxury accommodation within […]

Negotiating a mortgage balance reduction with Bank of Ireland?

14th April 2016

I understand that the Bank of Ireland has previously (years ago) offered to some landlords the opportunity to reduce the mortgage balance of a mortgage in order to entice them to redeem their low interest rate pre-credit crunch mortgage. I have a BoI BTL mortgage (branded by the Post Office) which was from the pre-credit […]

Escape Planning from abroad?

14th April 2016

I have property in UK (8 BTL’s), have lived in Spain for 10 years, where I also own property and have been very interested in Mark’s move to Malta. Mark has no doubt carried out a very in depth investigation into the benefits or pitfalls of moving, together with the tax implications. I have read […]

Council will not accept area of loft flat where roof slopes – Help?

13th April 2016

I have an HMO for 8 people and did a loft extension which added a flat within the shared property. It was originally 2 bedrooms and open plan living/small kitchen, but building regs insisted I shouldn’t have a kitchen in the open area, so sacrificed one of the bedrooms and made it a kitchen, so […]

Rolling over CGT Liability into a Ltd Co

13th April 2016

Has any one has any experience of doing the following; selling the home that they live in and a rental property. Setting up a Ltd Co, putting the equity from the above two properties into the Ltd Co as directors loans and then getting the Ltd Co to purchase as semi commercial property (house not […]

Gift home to daughter then buy another residence

12th April 2016

In short, is it legal to buy another main residence then gift the previous home to your infant child who then rents that out as a Buy To Let (subject to amending the current mortgage to be a buy to let and also having the property in Trust and paying the usual taxes on income […]

Periodic Tenancy agreement terms?

12th April 2016

I am a tenant who has been living on an assured short hold tenancy agreement over the last four years. After a year, the contract became a monthly periodic tenancy. Recently we have been requested to accept a rent increase of circa 25% where our contract had stated that rent was to be reviewed each […]

LettingSupermarket Update – Further Shares Available

12th April 2016

Following our move to new and larger offices we have now additional staff in place and the training process is making good progress.  As per our original business plan we have departmentalised. This has resulted in our systems becoming more efficient with each staff member having a specific role and general knowledge of other activities […]

Crack in toilet overflow pipe – can the lardlord refuse to fix?

12th April 2016

My landlord and I have had a perfect interaction for 3 years until very recently we have fallen out. We had a leak onto the kitchen, coming from the wall into the stove and even affecting one of the sockets. She got a plumber in and they established in came from a crack in the […]

PPR and date it commences on new build in garden

12th April 2016

I am a little uncertain of the how PPR election works. I built a new house in the garden of a property I own and rent out. The new house had building control sign off on the 23rd May 2013 , but the sustainable code sign off was not completed until 1st October 2014 . […]

BTL Ltd company Mortgage and source of Refurb properties

12th April 2016

I am looking to purchase couple of investment properties. I already owned 2 properties in joint names with my wife ( one our main residential and another BTL). We are looking to purchase properties which require refurbishment so once we get the work done, we can either sell it or release equities for the next […]

Section 21 notice or New Form 6a/6A

12th April 2016

I wish to sell one of our rental properties this summer. Tenants have been in the property since February 2014 and have always paid on time. I am just 10 days away from the deadline to serve a notice requiring possession after the 22nd June 2016. I have complied with all requirements like EPC, Gas […]

Wife dying and CGT issue with a remortgage?

8th April 2016

My wife is terminally ill, she has weeks or a few months to live. We have a BTL property that has equity around 200k and I want to re-mortgage it to get the money out, 75% say, (no time to sell and I don’t want to do that) and she can use half to do […]

I am a guarantor to house I thought was mine?

8th April 2016

I’ve been trying to get a new mortgage to cover existing mortgage (£35,000), add extension, funds for refurb and lastly deposit on BTL in Eastbourne, total required about £140,000. Through this I’ve discovered I’ve only been a guarantor to the parents mortgage for 15 years. Nat West are the only bank willing to give me […]