I completed on a sale of a flat in 2009, received my first service charge invoice in 2013 with backdated amounts. Was not happy about this so spoke to the management company and told them they had failed to comply with section 20B of the landlord and tenant act 1985. We agreed (verbally only – […]

Getting a deposit from tenants with no assets has always been a problem, but for those of us who let to DSS tenants we are left open to the risk of criminal damage and rent arrears if the tenant turns out to be a rogue/bad tenant. For landlords who let to professional tenants, this is […]

I live in a property with 3 flats. One of the flat owners owns the share of freehold of the property along with myself. The leaseholder of the 3rd flat is failing to pay the service charge (£250 every 6 months) on time nor is he paying the yearly ground rent (£200) on time and […]

I hope you will not mind me posting anonymously but you will understand when you read my question.  I read with interest on Property118 that a landlord can transfer a percentage of ownership of a property as well the tax liabilities accruing to that percentage to a spose without incurring Stamp Duty, capital gains tax […]

  Research conducted by Property118 members has revealed how up to 4.6 million tenants could be affected by George Osborne’s tax attacks on buy-to-let landlords.  In spite of ever-mounting criticism of the Clause 24 tax-grab from various quarters of the United Kingdom’s private rental sector, constituency MPs persist in replying with the following two points, […]

We have decided to let out our primary home as we have now had two buyers pull out and we’re worried the vendor of the property we are buying won’t wait. So, we are aware we’ll have to find an extra £11,000 for stamp duty on the second property. Initially I thought that we had […]

Ok….I’ve got a right mess to try and sort out. I had a couple move into my property 18 Months ago, six months later they split up and she moved out, giving us written confirmation of this. We were hesitant to offer him a new 6 months tenancy until we saw regular payments. He was […]

Can anyone help me with this question please? I Own a leasehold flat in a mews property that has been divided into 2 flats, the flat which I have owned for 8 years is leasehold and the freehold is held by the freeholder who lives below, I have asked about purchasing our share of the […]

Hotel room investments are one of the newest and hottest products on the global property market. Part commercial property investment, part residential property investment, hotel room investment is one of the fastest growing forms of investment. Here is why. The UK Hotel Market PwC’s latest UK hotels forecast predicts that UK hotels will continue to […]

If you have ever wondered why I so openly help other #landlords, many of whom I will never know or meet or even get a thank you from, this short story might give you a clue.  There was a farmer who won an award every year for the best quality corn. One year a newspaper reporter interviewed […]

I am very new to the idea of buying a property to rent so please excuse me if my questions are somewhat naive.  I am aware of the extra stamp duty payable on second homes and was wondering if the following is actually ‘allowed’/ possible. I currently own a family home with my wife. I, […]

You may have noticed that in the last week or so our articles regarding tax changes affecting landlords have shifted slightly away from campaigning towards highlighting solutions. We continue to vigorously support the various campaigns of course, and pictured below you will see Steve Bolton who co-founded the “Axe The Tenant Tax” campaign with Chris Cooper […]

Our target for this year of 5 million page views seemed very ambitious when we first set it. However, we have smashed through it already and our stats over the last week are higher than ever. Is this a sign that the PRS is one step closer to coming together? See the stats below showing annual growth and another […]

I’ve recently completed on a flat with an 87 year lease; I want to extend this lease, but should I wait for the 2 years (giving me the right to extend), or try and appeal to the freeholder and get him to agree to extend before the 2 years? Are there pros and cons? And […]

I currently have 4 Mortgages with one of High Street Leading Bank on Buy To Let basis. The LTV has always been below 60% as such I always qualified for best possible deals on my properties with them due to low LTV. However, recently, instead of taking further advance, due to their stringent criteria, I […]

If you ever did business with any of the following agents you will now be regretting having ever met them.  Belgravia Property Group, Carlton Residential, Park Lane Residential Ltd and Mayfair Residential were all fake agencies operating from serviced offices in London, Birmingham and Bristol. The scam affected both landlords and tenants. With a rental demand booming […]

For the first time in eight decades, home buying will be outstripped by the property rental market next year. This is as a result of home buyers continuing to struggle to find affordable properties. Since the EU referendum in June, activity in the sales market has slowed. A lack of property for sale partnered with […]

The last remaining unit is available to investors in a refurbished period building located in Bradford city centre. Market Place benefits from being within easy reach of many of Bradford’s amenities, including The Broadway shopping centre, Bradford’s shopping district and transport links. The apartments have been refurbished to a high standard, perfect for the young […]

I’d be grateful for ideas on the pros and cons of immediately pursuing a separate and simultaneous small claims application for recovery of rent arrears whilst an accelerated property possession order (not standard) is going through the court against a tenant who (on the advice of local council staff) has failed to move out of […]

I am a British National currently living and working in the GCC.  I am looking to purchase my second buy to let property in the UK and am doing so through a British Virgin Islands company that I am setting up. I work full time for a global company and I have a decent deposit […]

Poor old Dave! He has a property rental business with 22 terraced houses in the North East. Cashflow is fine for now but he’s far from rich. He makes around £44,000 a year of profit at the moment which is split between himself and his ex-wife. On top of that he has a small private […]