Page 741 – Property118

Is it sensible to let out properties while going to live abroad?

13th June 2015

I have 2 properties that I let out and leave with a letting agent to manage. I am going to live and work abroad at the end of August.  The properties give me not a bad income considering how much I paid for them. I have thought about selling them to put my mind at […]

Different tenant

12th June 2015

I have a house I rent out to three tenants. Two have remained the same since starting to rent it out in 2008 but the third has changed several times. I originally had an AST for one year with the original three tenants which I assume has now just gone onto a periodic tenancy which […]

Condensation Solution?

12th June 2015

I have a flat with a concrete roof. It is top floor and the roof is flat. Below that by some 2-3 feet is a suspended ceiling with a grid/frame of tiles.  My problem is condensation. There has been a steady drip of water onto the tiles from the cold roof. This also results in […]

Landlords urged to be vigilant for tenants cultivating cannabis

11th June 2015

UK landlords are being warned to be vigilant towards tenants cultivating cannabis in their properties. Figures from the Office for National Statistics (ONS) revealed that police seized over 400,000 plants in the UK last year alone. The highest number of seizures were made by the Metropolitan police (59,002), followed by police in Wiltshire and the […]

Thinking of buying a lodge with attached BTL cottages

11th June 2015

Hi there everyone, Total newbie to the forum and website having previously only browsed over a few topics and now I am in a position to start my projects I have become a member – great website! So I need some advice and opinions. I have two options available to me and I am looking […]

Living in a Buy to let property – does CGT apply?

10th June 2015

We recently bought a second property on a BTL mortgage. Although it doesn’t seem logical we have ended up living in the property and have all bills/council tax in our name registered to this address.  To cut a long story short, although it’s on a BTL mortgage this property has been our primary residence from […]

Off plan property delay

10th June 2015

We invested in a new build that was due for completion in Feb this year, after a lot of delays they will be completing in the next 3 weeks. Our current circumstances mean that we will not be able to complete then, we would ideally like to delay this by 4-6 weeks – then it […]

Bailiffs at our empty rental property

10th June 2015

We have a rental property which at present is empty. The previous tenants were issued with a section 21 and owe us 4 months rent. They left on 4th May and we have new tenants moving in this weekend.  However, my husband went down to check the property today to make sure everything is in […]

Alterations to the flat above

10th June 2015

I own 2 flats in a block of 7. The first two floors have 3 flats each and the last flat (flat7) is in the roof space and its floor space covers the 3 flats below. We all have equal share of freehold.The owner of flat 7 is a menace. He is a bully and […]

Judging demand for rent in an area with no current rentals

10th June 2015

There is an area near me that I know is popular for people to live in – it’s a pleasant place, not too far from town, close to decent schools, low crime etc etc. However, there seems to be pretty much NOTHING available to rent there… and I’m trying to work out if that means […]

Mysterious Bulgarian Blonde ‘Loves’ My Flat!

10th June 2015

We have recently had quite a few changes of tenancies and have had lots of enquiries from Rightmove etc. However, the vast majority are scammers such as rent to rent and sub letters. Most scammers are easily weeded out over phone.  However, had a strange meeting last night with an attractive blond Bulgarian lady and […]

Charges on register – statutory right to buy parking area

9th June 2015

Landlords’ worst nightmare – well, almost! I am a landlord with a conundrum. A year ago, the freeholder of our block of flats sold the freehold of our car parking forecourt/garages that surround our block. For forty years the 21 car parking spaces have been free and the garages to rent.  The new freeholder wants […]

Is London really just a buy to invest hot spot rather than let?

9th June 2015

With the London property boom still going through the roof, will rental yields ever make it a good return to tie up your capital in a buy to let – or simply a buy to invest and sell with the capital gain?  Is this why so many London properties are simply left empty as they […]

Is it possible to avoid the 40% tax on rental profits?

9th June 2015

I am nearing completion on my first BTL. I am in the 40% tax band and therefore I will have to pay 40% tax on my rental income. The property is solely in my name but is it possible for the rent to be paid to my wife as she gets taxed at 20%. I’m […]

Landlord & tenant dispute

9th June 2015

Some tenants I know have recently moved out of a rented property and are having some issues with their landlord/owner and the agents who are trying to take the entire deposit and ask for additional costs to be covered. I was under the impression a deposit is all that a landlord can keep, rather than […]

End of Landlord Tax Perk?

9th June 2015

Over the last few months I have seen a lot of ‘noise’ about Landlords receiving an unfair tax break. That being the ability to offset mortgage interest payments against profit, whereas mortgage interest relief for homebuyers was scrapped years ago. Indeed a call to abolish this tax break was made by a columnist in this […]

Conned by tenant but thankfully I had legal and rent insurance

9th June 2015

I rented my 6 bedroom house to a company I knew nothing about. The estate agent had them checked, they were OK. I wanted to meet them so a man (Derrick) came. I asked him what he did for the company he said he was hired to meet tenants. This sounded odd.  I also did […]

Mark Alexander

Property118 Webinar – You are invited

8th June 2015

I’ve never done a webinar before so when I was invited to co-host one with The Sheriffs Office I jumped at the chance. They’ve set it all up so all I have to do is talk without making a fool of myself. Is that possible? Why not find out for yourself at 12:30pm on Wednesday […]

Questions from a buy to let newbie

8th June 2015

I’m new here, and new to the letting industry, so first of all hello!  I’m 26 and have a good income from another business that I started a few years ago, but rather than carrying on spending it on expensive cars and other toys I figured it was time to start trying to invest it. […]

BTL in the North

8th June 2015

My wife and I are just about to start our BTL adventure and we have been looking at properties in Hull, Blackpool and Coventry.  We find that 97% of Hull is on a flood plain but the property prices are affordable to raise the 25% deposit. Should we avoid Hull and look elsewhere? Where would […]

Boyfriend moved in

8th June 2015

I have a long term tenant, on housing benefit, who tells me she has moved her boyfriend into the property.  They have a child together. It says in the tenancy agreement she needs my written permission, which I haven’t given and don’t really want him there. I am worried about the implications of letting him […]