The “value”of Property118.com will mean different things to different people. For example, our readers may interpret the word value to represent the educational value of our content and forums. On the other hand, our investors might be more concerned with the financial worth of the business and returns on investment. Our role is to find a balance […]

The North West of England tops the charts as the best place to invest for high annual rental yields, whereas the South East benefits from huge increases in house prices. Despite George Osborne announcing an additional 3% Stamp Duty to be levied on the purchase of additional properties in his 2016 Budget, investing in property […]

I am extending my lease and FH made offer of: 1) Premium:£10,000.00 2) GR: Adjusted to £200.00 Per Annum subject to increase every 25 years in line with Retail Price 3) Term: Additional 90 years to unexpired term (99 years from 01.12.1986) 69 years +90 Years = 159 years Currently the GR is twice the […]

My partner is always having problems with her commercial landlord. Bottom-line – The property is shared between 4 different businesses and they all share the water bill. The landlord surprised her with a £900.00 water bill for her nursery dated since 2013. She asked for a breakdown, his VAT registration number and why 20% VAT […]

I have a mid terraced property the rear of which has a garden. The two sides of the garden are brick walls and the rear is a wooden lattice fence. The wooden fence requires replacing as it is coming loose from its concrete pillars. I have obtained costs for fully replacing the fence and supports […]

I have a prospective tenant who does not want to take out insurance on his own possessions ie furniture, valuables, hi-fi etc. Whilst I will have insurance on the bricks & mortar and my white goods & carpets, I don’t normally insure anything that belongs to the tenant as that is their prerogative. If this […]

My tenant is possibly going to prison soon for breaching his bail conditions. Will this allow for speedy re-possession of my property, or will I have to obtain a Court Order to gain re-possession? He has already been served a Section 21 Notice to Quit which expired a couple of days ago. I’ve instructed a […]

I have a very large garden, and I can access the bottom of the garden by the side of my house, I want to know how I can find out about what I need to do to get a value and possibly sell the land. Many thanks Brenda

I have a tenant who has enquired as to whether we will allow them to keep a budgie in the property. Not having any personal experience re having a bird as a pet I wondered if any other Property118 people have experience of this particular choice of pet and whether there is anything that we […]

I have just taken over a property which has 5 students living in, when swapping information about the tenancy, I was never told that the property was being managed at a cost of £450 per month! This was also not shown in any information I had received from the old owner. When I called to […]

I have owned a flat for about 7 years or so, I am a leaseholder, the lease has about 120 years or so to run. It was formally owned by the local council and the council have sold the block to an independent Landlord. I have the first floor flat. The new Landlord has also […]

I have 70 years left on a lease on a flat in London with a £100 ground rent with annual RPI linked uplifts. I am currently looking at a lease extension and I was wondering if the freeholder will include the potential increase in value of the ground rent from increases is RPI in the […]

I have a property that I have rented out before through an agent. My current tenants are moving and I have a friend of a friend who would like to rent my property, how do I do all the checks on them and can anyone recommend or advise me on how to do it. Thank […]

I Bought/Reserved a 30th floor flat from a developer in summer 2013 and was told that my flat is the highest floor with a balcony. That means I will have an open sky balcony. This is definitely a great feature with significant added value to the flat. Now as the building approaches the completion, I […]

Foundation Home Loans will increase its rental cover requirements to 145% for individual applications, but leave limited company products at 125%. Simon Bayley, commercial director, said: “There is no doubt that with the new restrictions on tax relief which landlords can claim back and now the hardening of the rental cover calculation, the limited company […]

Capital Gains Tax Reduced – from 28% to 20% for higher rate tax payers and from 18% to 10% for low rate tax payers from April 2016. However there will be an 8% surcharge on residential property leaving Landlords selling at the same old rate! My wife and I own a single title building where […]

I own a two residential properties which I let out plus my own home, all of which are in the West Midlands. I would like to move back down to the West Country where I lived some years ago. I would ideally like to sell all my properties in the West Midlands and buy two […]

I purchased a new purpose built flat 6 years ago. The lease states that the floors should be covered with wall to wall carpet or such alternative means of floor covering as approved by the manager whose approval should not be unreasonably withheld or delayed. At the point of purchase the developers showroom was full […]

I purchased an HMO in 2011 with about 12 current tenancies, from a variety of agents. These agents held on to the deposits until last year when I decided to self manage and they have thus unprotected all the deposits, paid them over to me, and I have now paid to protect them with My-Deposits. […]

We’ve had a offer excepted on a property and have sold ours. We are purchasing from the next of kin so they are going through probate at the same time as selling the house! We’re 10 weeks in with no end in sight . I’ve found out today that probate hasn’t even started yet and […]

A tenant of a landlord is subletting a room to me. I don’t know if the actual landlord is aware. At first she was nice to live with, but very quickly it appeared she has severe depression and behaves weirdly. She uses all of my things, she comes in to my room, eats all of […]