Page 714 – Property118

Agents using advertising photos of my properties?

23rd May 2016

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 […]

Convert to HMO or Register for council tax or Sell?

23rd May 2016

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 […]

2nd property tax when buying out share of jointly owned inherited property?

23rd May 2016

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 […]

My letting agency has been bought by old one!

23rd May 2016

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 […]

Problems with a joint tenancy and one wants to stay?

23rd May 2016

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 […]

Broken up house with stamp duty button

Second property Stamp duty Just because we live together?

20th May 2016

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 […]

What is the eviction process for company let?

20th May 2016

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

Property118 Landlords Association

20th May 2016

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 […]

Top Ten Best Places to Invest in Property in the UK

19th May 2016

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 […]

Lease Extension and RPI effect on sale and marketability?

19th May 2016

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 […]

Unauthorised access and water cut off by Commercial Landlord

19th May 2016

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 […]

Crowd Funding raises over £100,000 in LettingSupermarket.com

18th May 2016

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 […]

Renewal of boarder fence and neighbour approval

18th May 2016

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 […]

Who has financial liability for a tenant’s possessions?

18th May 2016

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 […]

Tenant going to prison – how do I gain possession of my property?

18th May 2016

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 […]

How do I sell off the back of my garden?

17th May 2016

I have a very large garden, and I can access the bottom of the garden by the side of my house, I want to know how I can find out about what I need to do to get a value and possibly sell the land. Many thanks Brenda

Tenant wants to get a bird or two!

17th May 2016

I have a tenant who has enquired as to whether we will allow them to keep a budgie in the property. Not having any personal experience re having a bird as a pet I wondered if any other Property118 people have experience of this particular choice of pet and whether there is anything that we […]

RPI linked lease extension calculation

17th May 2016

I have 70 years left on a lease on a flat in London with a £100 ground rent with annual RPI linked uplifts. I am currently looking at a lease extension and I was wondering if the freeholder will include the potential increase in value of the ground rent from increases is RPI in the […]

How does an individual landlord reference potential new tenants

17th May 2016

I have a property that I have rented out before through an agent. My current tenants are moving and I have a friend of a friend who would like to rent my property, how do I do all the checks on them and can anyone recommend or advise me on how to do it. Thank […]