Page 709 – Property118

How to calculate money left in deal ?

3rd February 2016

We are now in the process of purchasing property no 6 all individual family buy to lets. We don’t fancy HMO’s but obviously know that is where the money is, we will be looking at doing some flips along with a neighbour who is a builder. My question is, we have now re-financed some of […]

The Dream City unless you have a HMO

3rd February 2016

I want to buy in Milton Keynes it’s a great city. I want to give back to my home (concrete cows and roundabout it may be) and make a profit here. How big bad and ugly is the Planning Department? I know 3 storey conversions are pretty much out of the question, but how about […]

Getting Possession when theres been a change of landlord

3rd February 2016

I have a situation where I need to get possession of a property, but it was sold to another landlord during the tenancy. At the time it got sold it was running periodic, a section 48 was issued to advise of this. I assumed a form N5B could be used but I’m being told it […]

Getting released from Deeds

3rd February 2016

My husband and I are trying to purchase my husbands family home. Prior the death of his parents, his parent built a clause into the Deeds to ensure their physically disabled sister would never be without her family home. My husbands sister now resides very happily in a nursing care home. We are having great […]

Confidence now worse in BTL than during the financial crisis

2nd February 2016

Landlords’ confidence in the buy to let (BTL) sector has collapsed to an all-time low and is now ‘worse than levels witnessed during the financial crash’, the CEO of the UK’s largest landlord association will tell leading mortgage professionals today (2nd February 2016). Richard Lambert, Chief Executive Officer of the National Landlords Association (NLA), will […]

Council tax liability if one bedroom is locked?

2nd February 2016

I am renting what it is a two bedroom flat as a one bedroom flat. The owner keeps a room locked, never accessed it in 2 years (was told for storage). The property is band D and I think that the landlord is liable for council tax regardless of the AST agreement or whether they […]

Purchase of refurbished house without planning permission

2nd February 2016

I am currently in the process of buying a property which the vendor has recently refurbished, this included the fitting of UPvC windows and door. My conveyancer discovered that the property is in a conservation area, and apparently there was no local authority consent for the new façade. When pressed by my conveyancer, the vendor […]

Access Control Card Key Systems for HMO rooms – like hotel rooms?

2nd February 2016

Newbie here, both in HMO buy-to-let and in the forum. Has anyone used Access Control Card Key Systems in HMO rooms as key to rooms and control usage of utility? I am thinking of the key systems used in the hotels used as both keys to enter the rooms and to activate electricity and heating […]

Clause 24 – A Glossary of Treasury Sophistry

1st February 2016

Sad but oh so true, especially for landlords like me who have been life supporters of the Conservative Party (until recently!) … These are all phrases used by Chancellor George Osborne when referring to his infamous clause 24 restrictions on finance cost relief for individual landlords ONLY. His tax grab has no effect of those […]

Clause 24 Judicial Review Gets Strong Media Coverage

1st February 2016

In addition to the reporting today on several BBC Radio News Stations the Judicial Review has also been reported in The Telegraph and Mortgage Strategy.  To listen to, or to read the reports, please click on the links above and feel free to post links to other related articles in the comments section below as […]

Complicated Family investment structure for first BTL?

29th January 2016

My case seems to be quite peculiar. My partner and I are considering purchasing a small property in the UK as our first buy-to-let investment. I already own a property in the UK (where I live), whilst my partner doesn’t own any property. My mother in France has been considerably helping me with my finances […]

This Is George

29th January 2016

Pictures like this have been going viral on Facebook so I decided to create one of my own. I think we should keep this theme going every day so that more landlords get the message and share it with others. It only took me a few minutes to create these pictures so I’m very happy to […]

Should commercial tenant pay for Periodic Electric Condition Report?

28th January 2016

We own a commercial building of roughly 6000 square foot. We bought this building in June 2014 for the purposes of relocating our business to this building. We sold the business in June 2015 to a company who not only bought the business but decided to lease the building from us. Our present insurers have […]

Stunning BTL apartments in the heart of Salford

28th January 2016

Bridgewater Gate is a beautiful residential development in the heart of Salford, providing 53 stunning apartments to the thriving rental market. Along with spacious and high-spec apartments, this development will also contain a number of breath-taking roof terraces, providing a tranquil retreat (including beautifully landscaped gardens and secluded seating areas) for its tenants wishing to […]

HMO or straight unfurnished let?

28th January 2016

We are about to purchase our second investment property in SE London. It’s a 2 bed semi and could easily be converted to 3 bed by using a downstairs room. The straight unfurnished let should achieve a gross rent of £1400 per month . Letting 3 rooms individually could achieve circa £1800 – 2100 per […]

Flexibility and resilience in joint ventures

28th January 2016

When buying property with another person, typically with an investor, what’s important for us is sticking to our ethos and values. This allows us to over come most issues in the right way. This doesn’t mean every joint venture or deal is the same. Actually what’s important to remember is flexibility must always be a […]

shawbrook

Shawbrook launch new BTL products for the rush before Stamp Duty increases

28th January 2016

Shawbrook Bank are one of the most flexible lenders for property investors with real underwriters that will look at individual cases and a whole range of criteria and products from standard BTL to Refurbs and Bridging facilities. They have just released a new range of BTL products to attract business from the rush to get […]

Marriage break up and loss of job will turn into DSS tenancy

28th January 2016

Tricky situation: I have a sole 3 bed BTL property and have a really nice family in it who both worked. I learned last month that the wife was to lose her job so there would be only one wage earner. She was looking for work. I did my 6 month inspection 2 days ago […]

The most unusual of squatting circumstances

28th January 2016

As we launch our new eBook on the eviction of squatters, trespassers and activists from land and commercial property, we take a look at some of the more unusual circumstances we have come across in the course of squatter evictions. Here are the ones that stand out the most for us: – Squatters who left […]