A report by Lendinvest indicated that out of 105 post code areas 14 had and average house price below £125,000. This will mean that with the 3% surcharge on Stamp Duty for second properties below this figure coming into effect from the 1st of April that landlords looking to purchase in these areas will pay […]

There are many reasons why a tenants may stop paying rent. They may no longer be able to afford it. They may decide they are not going to pay it anymore because of a perceived bad service. They may even prefer to spend their money on alcohol and cigarettes than rent. In all these cases […]

On Thursday 26th May 2016, Landlord Action will once again be hosting a white collar charity boxing event. They are looking for motivated participants from all sides of the property industry, men and women, to come together, try a new sport, get fit, and channel some of their competitive spirit. It allows people with no […]

I currently own my own house in England, where a very good friend stays with me as a lodger. I also have a (very) modest BTL portfolio of one other property in the same area, which I would eventually like to add to. Both properties are mortgaged. In around 2018, my job will require me […]

Firstly I must state I am not a BLT landlord and nor do I see myself making my millions from letting properties. My girlfriend and I live in separate properties and she has recently fallen pregnant so I’ve decided to move into her property to help support her during the pregnancy and bring up our […]

Bridging Finance is often the fastest and most flexible way of raising capital and the most commonly used purposes can be split into 3 categories.  1. A property is unsuitable for mortgage purposes Renovation: If a traditional mortgage would not be approved such as when a property has no bathroom or kitchen, a bridging loan […]

In an effort to stem the perceived risk of Buy to Let on the housing market, the Bank of England have imposed new guidelines on lenders to tighten underwriting standards that have slackened since the credit crisis. Although there are no hard and fast criteria rules the Bank of England want lenders to stress test […]

I would like to know if I have a case or not. In short, I’m an overseas landlord so employ a lettings agency to manage my property. I had a new boiler fitted a few years back and had nothing but issues with it. The agents brought in workmen after workmen and I paid and […]

I inherited a tenant who has been in situ since 2011. An annual Agreement is signed each year for a following 12 months. A recent inspection has found numerous breaches of the Agreement, some of which had been advised as remedied by the Tenant. Quite frankly the damage she has caused through pure negligence and […]

I have a few properties owned jointly with my wife and have always split the rental profits 50:50. However, my accountant suggested for tax planning (I am a higher rate taxpayer and my wife is a non-taxpayer) all the income should be allocated to my wife. To do this, all we need to do is […]

I have a disabled lady who wants to rent a property of mine. She says it is suitable for her and that the benefit office will cover the rent. They are doing so now in her existing rental property. As she has an incurable illness, I assume the housing benefit will be long term. Her […]

So I got into property at 18 but from a different angle, it was the construction side not the investment avenue I so passionately strive to be in. While it has served its purpose working for investors and property dealers for years I would be covered in all sorts of construction debris while they strolled […]

I am wondering if anyone else has come across this problem with Ex Council Houses. I am purchasing additional ex Local Authority houses around the University in Norwich as going concerns which are let to students on single AST’s. My Conveyancer picked up on a restrictive covenant within the deeds and queried this through a […]

Firstly hello everyone. I am a 55 year old single man. I lost my job a year ago, and it was recently suggested to me I look at BTL as a business idea. I have my own home with clear equity of £200k, and liquid savings of approx. £60k. I am expecting an inheritance to […]

£1000 council tax bill for my ’empty’ property up for sale for a year, ouch! This really ‘grates’ as one next door on benefits pays nothing and not worked for years! I assume some of it can be clawed back as an expense but it wouldn’t amount to £1000. I’ve racked my brain trying to […]

My wife has just completed a house purchase which she is to let out. The previous owners or their relatives (owner has moved into a care home) have left a number of tools and other items in the shed including an electric lawn mower and strimmer. The lawn mower is in working order as I […]

Can anyone with a good knowledge of the housing benefits system give me some insight and information of the redress available to me following my attempt to increase the rent of a housing benefits tenant. I am still awaiting a decision on the increase almost six months later! In my previous experience LHA’s will deal […]

You might be forgiven for thinking that a 4% fee for full management (minimum £24.99 pcm plus VAT) would involve cutting corners. You’d be wrong! ARLA bonded agent Letting Supermarket have been doing it successfully for years. If you need a recommendation you may take comfort in the fact that they manage my entire portfolio. […]

House prices in Cambridge have risen at a faster rate than those in any other town or city in England and Wales since 2010, according to official data. The Office for National Statistics has also revealed the growing north-south divide in property values. The median price paid for a property in the city increased by […]

I have now left my rental property where I was living and now moved to a new rental property, I discovered after leaving that I had left 5 valuable statues in a cupboard at the old property and have called and emailed my old landlords but they are not answering my calls or emails, I […]

My husband and I are joint owners of one rented property plus our residential home. I bought the property in 1990 and lived there for 10 years. I then moved in with my now husband and have let the property since June 2000 to various tenants, the latest of which has now been with us […]