I have quite a difficult tenant. Last week I received a call that the electrics in the property had gone off. Luckily I have British gas homecare so the tenants contacted them and an engineer attended the property and resolved the problem. He left a note that there was damp in the kitchen area which […]

Hi, I currently have a BTL mortgage with Natwest for a property I purchased last year. However I have decided to apply for a HMO license, which I believe is outside the scope of my mortgage. My purchase price was 170K with the deposit being 35%. My HMO application requires me to inform the mortgage […]

Airbnb model poses a growing threat to landlords. Over the last 12 months, the number of cases Landlord Action has received, where tenants have sub-let properties without their landlord’s permission, has trebled. Aside from breach of tenancy agreement and additional wear and tear to the property, landlords are left exposed to being in breach of […]

Regular Property118 readers are likely to be aware that our founders acquired a 26% stake in Letting Supermarket three years ago when they were a start-up business. Since then we have been referring Property118 landlords to them and moving the management of our own properties across too.  They now have 465 properties under management and […]

I have 3 flats, one with a bad Tenant awaiting eviction, S8 issued. I have intercepted a quantity of marijuana in the post, no name on the package, but I know it’s for this Tenant. Am I under an obligation to report this to the Police? Many thanks Peter

I work overseas and have a home in the UK. My youngest son will leave home this Summer, so the property will then be vacant for 10~11 months of the year. I will be in breach of the mortgage term if I leave the property empty for more than 45 days, but when I asked […]

My tenant has built up a huge electricity bill and the company has finally caught up with her. She claims to have been living in the property for just a few months (having fraudulently altered her tenancy agreement) but she has actually been there two and a half years. Both the lettings agent and I […]

. Most landlords like me already know that Amazon.com is a great place to buy books but have you ever checked out their prices for washing machines and other white goods?  What’s more, if you buy from Amazon via Property118 you will also be helping to fund the running costs of our forums. You pay no more than you […]

. You will find the Property118 Bookstore between discussion comments which are below articles. Here’s an initial selection of best sellers your consideration. It gets better! Anything you can buy on Amazon you can buy via Property118 at exactly the same price. When you make a purchase from Amazon via Property118 we receive a small […]

I live in a 2 bed flat with my partner and 2 kids and I want to rent the property out so we can then rent a large house for 2 years. I am a landlord myself and I own other flats on BTLs. I don’t want to sell it as its in a good […]

I have a three bedroom house in nice condition, but not right on transport links. In September 2015 I rented it out on a 6 month tenancy. I was told that it was a man and his girlfriend, her 10 year old boy, and the baby which she just had, and her cousin. So I […]

The buy to let crackdown by Chancellor George Osborne has triggered a ‘price war’ as banks try to tempt aspiring landlords. Lenders have slashed rates on buy to let mortgages to record lows in an effort to keep the market alive and growing. Banks also reported a last-minute rush to buy second properties before a […]

In a report issued by Reuters Manchester Building Society is “fighting for survival”  The future of the mutual is thought to be in doubt after they wrote to customers warning them to keep balances within the £75,000 limit covered by the official compensation scheme. The society admitted that it had “material concerns” for its future as it posted […]

Further to my last update, we are delighted to announce that we are now fundraising for the next stage of our legal challenge. Please see >>> www.crowdjustice.co.uk/case/tenanttax Please pledge as much as you can to this mutually beneficial cause, which is fighting to abolish the Tenant Tax – Section 24 of the Finance (No. 2) Act 2015. […]

Victoria Gardens apartments and townhouses are situated in one of the major residential hubs in the City of Manchester. They are well placed for investors and homeowners alike, offering excellent links to the city and direct access to the Metrolink into the City centre, business districts and surrounding suburbs. This development offers luxury accommodation within […]

I understand that the Bank of Ireland has previously (years ago) offered to some landlords the opportunity to reduce the mortgage balance of a mortgage in order to entice them to redeem their low interest rate pre-credit crunch mortgage. I have a BoI BTL mortgage (branded by the Post Office) which was from the pre-credit […]

I have property in UK (8 BTL’s), have lived in Spain for 10 years, where I also own property and have been very interested in Mark’s move to Malta. Mark has no doubt carried out a very in depth investigation into the benefits or pitfalls of moving, together with the tax implications. I have read […]

I have an HMO for 8 people and did a loft extension which added a flat within the shared property. It was originally 2 bedrooms and open plan living/small kitchen, but building regs insisted I shouldn’t have a kitchen in the open area, so sacrificed one of the bedrooms and made it a kitchen, so […]

Has any one has any experience of doing the following; selling the home that they live in and a rental property. Setting up a Ltd Co, putting the equity from the above two properties into the Ltd Co as directors loans and then getting the Ltd Co to purchase as semi commercial property (house not […]

In short, is it legal to buy another main residence then gift the previous home to your infant child who then rents that out as a Buy To Let (subject to amending the current mortgage to be a buy to let and also having the property in Trust and paying the usual taxes on income […]

I am a tenant who has been living on an assured short hold tenancy agreement over the last four years. After a year, the contract became a monthly periodic tenancy. Recently we have been requested to accept a rent increase of circa 25% where our contract had stated that rent was to be reviewed each […]