I have large Portfolio of property in the NE and I am looking at a number of avenues to avoid this tax regime from the summer budget. I have no income other than from property, have a very good cashflow and pay high rate tax now, Yes I could move half of my BTLs to […]

I have read some of the articles that sound similar to mine but not sure they answer my specific question! In 2010 I sold a business and raised a nice amount of cash. With this I paid off my wife’s mortgage on her house we rented out and over time we purchased some more BTL […]

During his first speech as Shadow Chancellor John McDonnell hinted at his views on introducing rent controls and stopping tax breaks for Buy to Let landlords without actually giving much away in detail. The Labour party have estimated that tax breaks to Buy to Let investors are worth £13billion per annum and it is understood […]

Having bought a 1 bedroom flat on a bridging loan six months ago we applied for a mortgage with Paragon to repay the bridging. One of the terms and conditions was that the £150 application fee was non refundable. We were happy with the fee and applied through our broker. The flat was part of […]

I’d really appreciate some help on whether or not I should buy the freehold of my flat which has recently become available. The property is a converted house consisting of an upstairs flat which I own and a downstairs flat which the freeholder currently owns. The lease has 74 years to run, the ground rent […]

In a unlicensed HMO I understand that a cellar counts as a story. If however a lock was fitted to the cellar so no access for tenants, would it then be ruled out as a story? Making just the 2 story/5 tenant or less not requiring licence, or is there some law to saying otherwise. […]

My partner and myself entered a letting agreement were we signed a fixed term 6 month contract via a letting agency. We were advised on signing the contract that at the end of the contract we would have 3 options; 1. to sign a further 6 months 2. to sign for 12 months 3. to […]

I am a private land lord and have 4 tenants living in one of the properties. About 6 months ago, a tenant in flat no 6 rang me and said that there was water leaking into our bathroom from the ceiling. This flat is on the first floor in a 4 story council block. I […]

The National Landlords Association (NLA) has found that the majority of landlords don’t plan to take advantage of pension freedoms to invest in property. The latest research* by the UK’s largest landlord association revealed that, of those with a pension in place, just five per cent are planning on withdrawing a lump sum to invest […]

I was wondering if anybody knew the answer to the following scenario: I will be selling my only rental property (thank you for this George Osbourne!). I will at first try to sell through this website with tenants in situ, but failing this I have read on the government website that in the dwell period […]

He owed three months (£1000+), I served a section 21, and a couple of weeks after that neighbours tell me they saw him moving furniture out. Shopkeeper below no longer hears footsteps above. Tenant won’t answer phone or email. On advice of letting agent (tenant find service only), put a 14 day Notice of Abandonment […]

We run a shop and were able to buy the building in 2010. A protected/regulated tenant has been there since 1987, who we know, and so paid a price that reflected the situation. Somewhere in the distant past, the previous LL gave them permission to rent out a room to help with the rent. The […]

My agent created following clause in the AST where one of the tenant pays some rent in advance and other one monthly: 1.10 Rent : £400.00 exclusive of Water Rates and other Utilities (subject nevertheless as hereinafter provided for) per calendar month of the Term Payable: in advance by standing order or bank transfer due […]

I have a serious potential headache and would welcome your advice. In July 2009 I rented a house to a married couple and their family. The agents took the deposit (788 pounds) and placed it with My Deposits.Co . The agents subsequently closed down and stole the money. This happened in 2011. I contacted the […]

I have heard that West Bromwich can indulge in dodgy practices (like UKAR etc) and I have just received a letter I would like advice about before I answer it. It states that I have 10 years remaining on ‘elements 1 and 99’ of my mortgage term (I don’t know what these ‘elements’ are) and […]

The number of residential tenants significantly behind on their rent in the first quarter of the year was up 4% compared to this time last year, according to latest figures. There were 70,900 UK tenants with two months of unpaid rent in the first three months of 2015, some 1,500 more households than during the […]

I have a 3 floors of a house and the ground is owned by the other joint Freeholder. He has been renting his flat out for a few years now and his tenants insist on making the communal areas look like a cheap shoe shop. I have informed tenants and their landlord (ie the other […]

Newquay Apartment Sale in TR7 is a fantastic buy-to-let investment property in Cornwall. Fully tenanted with a Net Yield of 7.7% on a purchase price of £67,000 provides an attractive all year income. However with the rising popularity of holiday lets and several popular websites such as AirBnB, Homeaway and Ownersdirect that are allowing buy-to-let […]

Ive spent hours pouring over the legal requirements for smoke alarms in privately let homes in Scotland and what this means practically for landlords. My take on it is that a mains wired alarm on each floor is legally required, if the alarm was fitted after August 2007. More recently ‘statutory guidance’ has been issued […]

I have two tenants (a retired old lady and her son) in my flat with 3 months left on an AST, who I kept from a BTL purchase three months ago. We had a new AST shortly after the purchase completion, but only leaving his mum on the contract, as he claimed he didn’t live […]

My daughter is just about to move into a shared house with some friends for her second year of university. The friends have already moved in & discovered some issues – a broken window in a bedroom, TV & toaster missing & “extreme” mould in the bathroom. At first they thought that the house had […]