Page 700 – Property118

Landlord kept property left behind and acting maliciously?

23rd March 2016

I have now left my rental property where I was living and now moved to a new rental property, I discovered after leaving that I had left 5 valuable statues in a cupboard at the old property and have called and emailed my old landlords but they are not answering my calls or emails, I […]

Transfer of Equity on former residential home back to sole name

23rd March 2016

My husband and I are joint owners of one rented property plus our residential home. I bought the property in 1990 and lived there for 10 years. I then moved in with my now husband and have let the property since June 2000 to various tenants, the latest of which has now been with us […]

Can rent portion of Universal Credit be payable to landlord

23rd March 2016

I have been renting to Housing Benefit tenants (HB) and have always had the rent paid to me even after the regulations changed in 2008 so that the benefit had to be paid to the tenant. As those who rent to HB will know, it was possible for the HB to be paid directly to […]

Lack of housing but an abundance of property development finance

23rd March 2016

There is a frighteningly lack of housing in the UK and the highest demand for houses for 14 years. This along with the fact that base rate has been held at an all-time low for a full 7 years and the fact that the Government has confirmed that Permitted Development Rights (PDR) are here to […]

What is Rent Guarantee Insurance?

22nd March 2016

Rent Guarantee Insurance in a nutshell is a financial product that protects you against loss of rent if your tenant stops paying. There are many reasons why a tenants may stop paying rent. They may no longer be able to afford it. They may decide they are not going to pay it anymore because of […]

Stamp Duty on partnership transfers after April

22nd March 2016

I’m looking into the possibility of using a BICT to transfer the beneficial interest of my personally held buy to lets to a company and believe I’m well placed to claim capital gains relief as I manage the portfolio myself. However the SDLT payable would be very high and make structuring my business in this […]

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Tenant referencing guide for landlords

22nd March 2016

There’s no way to guarantee a tenancy will be problem-free. But carrying out a thorough reference check of tenants should minimise the likelihood of there being issues. What is tenant referencing? Carrying out correct tenant referencing is one of the most important processes a landlord undertakes when choosing to let a private property. Professional tenant […]

Owner of a Leasehold maisonette has offer to buy Freehold?

22nd March 2016

I am a owner of a upstairs maisonette in the London area. Price is about £350K for 2 bed I have the back garden and the downstairs own the front. The freeholder used to live downstairs but sold approximately 18 months ago and when she did she could not sell the freehold the the new […]

Should I convert my 3 flats to an HMO?

22nd March 2016

We have a property in Nottingham. It is currently 3 flats (one on each of the 3 storeys). Each flat contains 2 bedsits a shower room and a kitchenette. Each flat is connected to the central stairwell (and ground floor flat also has a dedicated entrance. I am currently refurbishing and making each room en […]

Tenants clashing with each other and subletting?

22nd March 2016

We have a tenanted property which is fixed for 12 months (Yes, bad move), with a single AST of 4 individuals. We have had problems more or less after the 1st Month when one of the tenants was not happy about the actions of the others. We tried to keep the peace, but it kept […]

New court form for residential tenant evictions

21st March 2016

The Civil Procedure Rule Committee subcommittee on court forms has announced a new form for the issue of a writ of possession against occupiers other than trespassers. This would include former tenants and mortgagees. The new form, PF92, gives permission to enforce a judgment or order for the giving of possession of land (and property) […]

small extractor vent for grade 2 listed in conservation area

21st March 2016

The property has a bathroom extractor vent feeding into a chimney, NOT a good idea. I am considering running boxed in ducting through an internal wall, through the bedroom to exit at front of building(roughly 13 feet length). Believe me it’s far quicker getting advice from Property118 readers than the Local B.C. So, do you […]

Use of my SIPP to finance holiday let property

21st March 2016

I have a property which I am planning to turn into a holiday let before 1st April 2017. I have funds in my SIPP (self invested personal pension) which I would like to use as part of the finance for the property. I think that you can use a SIPP to invest in Commercial property […]

DSS tenant in arrears by nearly 4 months?

21st March 2016

I have a tenant who has been with us for 3 years. The original AST tenancy agreement was written in Sept 2013 which has 6 months on it. She is a DSS tenant, but they only pay £380, and the tenant pays £65 top-up. She has always been in arrears on the top-up, but in […]

I have got stuck with an illegal loft conversion?

21st March 2016

I bought a property last July which was a converted 2nd floor flat with a third bedroom in the loft. I wanted to make some updates to the property only to find that there was no planning permission given and certainly no building control involvement. I did a basic survey on the purchase but my […]

Tax neutrality abandoned in Budget states Professor Philip Booth

18th March 2016

Professor Philip Booth has spoken out against the Chancellor’s latest attack on landlords in the 16th March Budget. This is his statement: ‘The 2016 Budget was not a good Budget for tax neutrality. Once again, the abandonment of this important principle was extended in an adverse way to buy-to-let landlords. Capital gains tax was – […]

Landlords in Bristol and Bath go local!

18th March 2016

If you visited the Bristol Landlord Expo yesterday you will have noticed that a new organisation “Association of Local Landlords (Wessex) Ltd” (or ALL Wessex) was advertising it’s presence. Formerly called NLA Wessex, an independent organisation, that worked in association with the NLA. ALL Wessex has been formed so that we can focus on represent […]

Leaseholders responsibility for removal of possessions?

18th March 2016

Does anyone have any specific information regarding a very irritating situation that a block of 42 flats has found itself in with regards to the refurbishment of the block. We are quite an important and prestigious block who have agreed works and pretty much ready to go and now one leaseholder is raising issues – […]

Tenant eviction a complete mess?

18th March 2016

My wife and I purchased a property outside the A406 in London about a year ago. Around about the same time a long term friend of mine who is a builder informed me that he was trying to sell his property and buy one too. However, as time has gone on I have found all […]

Is SDLT proportionate when buying out a partner?

18th March 2016

Cannot find this information anywhere! I am buying out my partner`s 50% share of rental property. I own the other 50%. I also own my own home. Question is – will I pay SDLT on the whole value of property or only on the 50% I am purchasing? Anyone know? Thank you Linda

How might lowering rent impact my ability to remortgage?

18th March 2016

I have a very good long term tenant, not one rent payment ever late, property kept well, always polite & easy to get along with, understanding and cooperative over maintenance etc. He has a good steady job with reasonable salary, but his girlfriend, who wasn’t on the AST, has just moved out. She wasn’t contributing […]