Second charge loans can be very real alternative to a remortgage. While every application needs to be considered on its own merits, the second charge industry has recently become more competitive and attractive with lender rates now starting from 4.50%. Reasons for considering second charge loans: 1 – Keeping your existing low rate mortgage You […]

Dear Sirs We had our scheduled committee meeting yesterday and it was agreed that we would help promote your action group to our members. There were some questions that I hope you can answer: How and who decides what issues the action group take on? Is there any criteria to be met before a case […]

Ten years ago my husband and I bought a newly converted leasehold flat for my husband to live in for work purposes when working away. Shortly after purchase the management agent sold the freehold and the service charges increased significantly. A tribunal ruled that electricity charges be itemised separately (although individual meters were put in […]

It would now appear that Liverpool Landlord Licensing may now be on a collision course with the office of the surveillance commissioner. The Council in their conditions on ASB, and their insistence on Landlords obtaining details of guests in spare bedrooms not only breach the tenants right to privacy and quiet enjoyment as well as […]

We now have 134 conditional pre-orders of our book “Our UK Buy-to-Let Tax Strategy” and we haven’t even finished writing it yet! The reason the pre-orders are “conditional” is that no money will be taken and the book will never be published unless we hit our £5,000 target of pre-sales by 23rd October 2016. The book costs […]

Most people use Facebook these days, if you are one of them please read on. We plan to publish a lot more articles extolling the virtues of buy-to-let landlords, it would be good to get these shared. Most of us are sick to the back teeth with anti-landlord propaganda. Together, we can counter it. How long […]

As soon as I got the news the morning I wrote to my good friend Glenn Ackroyd to offer him my congratulations. Both Glenn and EweMove have been supporters of Property118 from the outset. Glenn was one of the first to become a founder member of Property118 Action Group. The business was sold to Martin […]

I shall be most grateful, if you could kindly shed a light on my situation. I have a case, where I just evicted a tenant successfully. The tenant has paid all rent and there is nothing outstanding in relation to arrears and the property has been left in a reasonably clean condition. Now, the situation […]

Dear Ms. Ellison, SECTION 24, 2015 FINANCE ACT (No.2) I was exceeding pleased to see both Gauke and Osborne shifted from their positions and held high hopes for new thinking, preferably from people who could demonstrate a real understanding of professional landlords. Unfortunately it seems you are continuing to state the obvious falsities of your […]

Hello and I am new to Property118 and about to be a property owner. To cut a sad story short, I’m about to inherit a small property and I’m thinking about renting out. I’ve begun doing the research and it is making my head spin. So I was considering letting an agency manage the property […]

A 3 bed Semi for £60,000, 11% yield I would have thought it would be easy to sell but alas no. I have found Middlesbrough and the North East in general challenging. Hence I have offered to pay the buyers stamp duty. I presume I would be able to offset this additional cost against my […]

My landlord wants to charge double for a new copy of security key. I know where this key is cut as it has been the same for 25 years. I used to be able to get a letter from landlord allowing me to go straight to key cutter and pay only £10.50. Now they won’t […]

I’m doing a major refurbishment at the moment on a house tenanted by a new Polish tenant. His family will be joining him from Poland soon, when the works are done. Today I asked him why he/Polish people found Britain so attractive. Why would he pay a supposedly ‘extortionate’ rent in the UK on a low […]

I have joined the ranks and just paid my £600 to become a founder member of Property118 Action Group. It seems to me it’s easy to do nothing when our industry is under attack and to leave it all to someone else to try and sort it out. Mark, you and your colleagues have a proven […]

I have been repeatedly flooded from the flat above me since 2008. The Burlington management company said that they cannot sort it out, no way to get access to mend the bathroom above. I have just received this: “The new lease states that the rights of access to the flat are for the landlord to […]

I have written this article to demonstrate how apathy can cost buy to let landlords a fortune. The story is an example of how a fraudulent agent avoided a prison sentence. It is based on a real case which Property118 Action Group were involved in. We cannot divulge names for reasons which will become apparent when you read […]

When the Chancellor first released details of the changes to taxation for buy to let landlords, it was implied that they would only make a difference to those paying the higher rate of tax. Then it became apparent that, by the time it was fully implemented, all landlords would be restricted to an allowance of […]

SUBLET INSURANCE is needed by any landlord that does not have directly enter into a tenancy with a person who is paying rent to somebody else to live in one of their properties. Let me explain further: if you have an agreement with a housing association, company or individual that rents the property to a third party tenant […]

My tenant died 3months ago and no one has come forward to claim any of the deceased property. Sadly my wife and I were the only people to attend his funeral. Where do I stand legally I want to empty the contents from the flat. The deceased was an elderly gentleman and the contents and […]

Has anyone bought a ‘court order’ property before the auction please? This property I am interested in is going to auction as per a court order. To cut the story short, the ‘claimant’ or seller (sitting tenant in this case) has been granted full authorisation by the court to sell the property by auction. I […]

The definition of HMO (Housing Act 2004) includes “occupied by three or more unrelated persons” and “(d) the living accommodation is occupied by those persons as their only or main residence or they are to be treated as so occupying it (see section 259)”. My question is this: does a room occupied by any person […]