Page 754 – Property118

Number of UK tenants in arrears rises

23rd September 2015

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 […]

Joint Freeholders Tenants not abiding by the lease

23rd September 2015

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 Buy to Let – AST or holiday rental?

22nd September 2015

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 […]

What do the regulations really require for smoke alarms in Scotland?

22nd September 2015

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 […]

How best to cleanly and amicably remove tenant after 6 month AST?

22nd September 2015

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 […]

Inventory and missing items issue in student property

21st September 2015

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 […]

Right to Rent start date and tenant applying for residence permit

21st September 2015

I have a prospective tenant from Turkey on a tourist visa (up to end of November) who is applying for a residence permit and will be self employed as a translator (they say there is a program which helps Turkish citizens setting up businesses). They are looking to move in before the end of September, […]

I have just been told the house is to be sold?

21st September 2015

I wondered if anyone could help. I’ve just been told that our landlord is going to have to sell our house due to personal problems. Every property I have ever lived in has always been rented from the same landlord and it is thought he thinks he can help us get a Mortgage which would […]

Garden upkeep Health and Safety?

21st September 2015

I have just been informed by my letting agent, who fully manages my property. That any Bush/Hedge over 5 ft is the duty of the landlord, due to health and safety issues. Could I request that any one who has knowledge of this matter could enlighten me. regards apex

shawbrook

Short Term lending from 0.59% per month!

18th September 2015

Close analysis of Shawbrook’s Short Term lending performance over the last 18 months has allowed them to make pricing reductions, LTV increases and add a new product for heavy refurbishment on commercial security. Short Term Loans offer a facility to borrow for up to 18 months with an option to switch to  a longer term […]

Student rental market crippled by soaring demand and accommodation shortage

18th September 2015

With two UK universities struggling to meet demand for first-year student accommodation, flat and house share site SpareRoom.co.uk reveals that up to 22 people professionals and students are competing for every room available in university towns and cities. Competition is at its most fierce in Edinburgh where 22 people are hunting for every room available […]

Government funded carbon monoxide detectors?

18th September 2015

I know this has been a popular subject over the last few months however, now the October deadline is looming I wonder if other landlords would share their experiences of sourcing these alarms. After reading that the government was funding local fire authorities to provide private landlords with alarms I contacted my council who sent […]

Can I sublet on Airbnb as a tenant without permission

16th September 2015

I rent a flat. The landlord has not given me permission to sub let. I want to put the flat on airbnb and occasionally have airbnb guests staying in the flat when I am not there. I have not asked the landlord whether they will allow this. I would like to know: a) Will I […]

Which UK city is currently a gold mine for landlords letting to students?

16th September 2015

The most profitable city for landlords letting homes out to students in England is Coventry, according to new research. In Coventry, the rental yield is 6.03%, with landlords able to make an average of £1,780 from students in a typical four bedroom house. Second on the list was Warwick, where investors are also currently able […]

Landlocked property – no access rights?

16th September 2015

I’m looking to purchase an property from an auctioneer, but I’ve been told it is not mortgage able due to it being landlocked (no access rights). The property adjacent on the same site has the main access rights, but is also a repossession. The auctioneer could possibly issue an indemnity insurance, but I believe a […]

Scottish Association of Landlords representatives take tax case to The Treasury

16th September 2015

Scottish landlords will today meet with senior UK Government officials in London to urge them to rethink planned tax changes for private landlords or risk threatening investment in the Private Rented Sector (PRS) at a time when Scotland is facing a long-term housing crisis. Representatives from the Scottish Association of Landlords (SAL) will meet with […]

Please help after friend breaks the tenancy agreement

15th September 2015

My partner and I moved into a property with a friend on June 1st. Over the past few months she has allowed her boyfriend to move into the property. Initially it was not to bad, but his/their behavior (constantly yelling at one another in the house) and treatment of the property became intolerable and we […]

Are Guarantors automatically covering a new contract?

15th September 2015

A letting agent is advising that when tenants renew a tenancy agreement i.e. sign a new contract for the next academic year the guarantor for the first contract automatically covers the new contract. I have reservations! Relevant advice would be most welcome please. Eileen

Flipping realistic still ?

15th September 2015

I have a budget of about 200k and am looking to acquire 2 properties a year (in need of modernization). I want to make 15%-20% return per flip. I can do most of the work myself. Was thinking of bungalows to start with. I will look to buy at auctions, but also just use every […]

Putting together a case after the deposits disappeared

15th September 2015

Has anyone out there dealt with My Home My House Ltd (Northwood Middx), Lionsgate International Ltd (Knightsbridge London), ZM Properties Ltd (Luton) or Lettings Essentials Ltd (Luton). I am putting together a case via the Cotswold Barristers Private Prosecutions Service and would appreciate input from any other victims.. My tenants’ deposit was held in one of […]