I’m 31, based in Norwich, married, have two lovely children and have been involved in Property for 10 years. In the early days I pretty much followed the book of ‘things to do wrong’. My first property purchase was 40 miles off patch in an area I didn’t know. I thought I’d purchase £20k below […]

It doesn’t get any worse for landlords than Jeremy Corbyn. He has said that the ‘Right To Buy’ policy that lets council tenants buy their homes at a big discount should be extended to the tenants of private landlords. To quote him, ““So why not go with Right to Buy, with the same discounts as […]

If the lease states a flat can only be rented out as a whole unit rather than by rooms, would the below pose an issue or how I could overcome. – Family of 4 – Each parent has their own child from a prior relationship – One parent will pay 2/3 of the rent Should […]

Following the adage that one should prepare for the worst and expect the best, I am sure we are all dreaming up plans of how to cope with the outrageous attack on landlords by the Conservative Government. I am assuming we will get the lunatic tax change reversed. However, I like to have a Plan […]

Now is the perfect time for landlords who are looking to sell any of their Buy-to-Let properties to visit the Property118 Portal. We expect 10’s of thousands of new viewers to visit our website every week looking for properties to buy with tenants in-situ from now on. This is because, as of today, Property118.com will have advertisements showing twice every hour between […]

I have always purchased my investment properties through a limited company so am quite lucky I suppose in that I don’t see any impact on my business with the potential government changes (my turn will come I’m sure).  However, I was thinking last week on what would I do if I was in the shoes […]

Landlords and tenants are in despair as a London letting agent, Oliver Knights, is thought to have closed down, owing thousands of pounds in unpaid rent and holding deposits. Landlord Action had been instructed only weeks ago to recover more than £10,000 for one landlord and £8,000 for another, but with signs the company has […]

Shawbrook have announced the decision to re-price the “Large Loan” products with a 0.50% decrease across the board. Large Loans on residential and commercial investments start at £750,000 up to £10,000,000. Maximum Loan to Value is 75% on residential and 70% on commercial. The revised Large Loan pricing: Single dwelling and portfolios • Now 3.70% […]

There has been a good deal in the media recently about landlord licensing, both with the announcement by David Cameron in the Queen’s Speech in May and the introduction of several schemes by local authorities. The reasons behind these schemes vary. The principal one for local authorities is to crack down on criminal or rogue […]

Sheffield has replaced Brighton to become the new gazumping capital of the UK, reveals new research. Gazumping is the controversial practice where a higher bid is made on a property when another offer has already been accepted, thereby ruining the sale. Nearly one in three buyers can expect to get gazumped in Sheffield, according to […]

I’m looking to get into HMOs for the professional market in Birmingham area. I have circa 200k cash which is enough for me to buy at least 1 (fairly) high end HMO cash, which I will try to refinance in 6-12 months. The goal being to have 4 hmo’s, with about 50k of my own […]

I have one property which I self manage. I am thinking of registering as a self employed landlord but I am not sure if I am eligible with just one property, or if there are any disadvantages of doing this, other than having to pay National Insurance Class 2 contributions. My reasoning is that I […]

The RLA has been asked by the Treasury to put forward proposals that support the Government’s objectives of increasing housing supply and raising standards in the private rented sector. We now need your help to explore a range of measures, including: changes to capital gains tax; support for energy efficiency measures and improvements; and, small […]

Responding to today’s announcement from the Department of Communities and Local Government’s (DCLG) on new regulations, due to come into force on 1 October, which introduce new obligations on landlords to provide specific information to their tenants, and restrictions on the use of the section 21 notice no fault possession procedure if they fail to […]

Basically, I own a home in Nottingham which I used to live in for 5-6 years. Whilst living there I had two lodgers living with me, but then due to work reasons I had to move out and away from the area. The two tenants were happy and wanted to stay so I decided to […]

One in three of us don’t have a Will. That’s a surprising statistic when you consider the implications on those that we love. Not having a Will means that your next of kin will be faced with additional responsibilities after your death – the responsibility of obtaining the legal right to your estate, of deciding […]

The property, and particularly my room, started developing mold problems last January. I immediately contacted the agency that takes care of the property to inform them. An inquiry was made and it turned out that the whole building was having an issue. The council was involved but didn’t claim responsibility. The common areas were fixed […]

I have recently bought a flat outright and am hoping to rent it out. I currently stay with my long term partner in her mortgaged property and pay her rent. My personal income dips into the 40% bracket and any additional income from the property would be taxable at 40%. My partner is taxed at […]

Where do I stand and what should I do if my tenant has changed her mind and doesn’t want to stay at the property two days after moving in? The only reason she has given for the change of mind is that her grown up kids don’t like the house! Thank you for any help […]

I had a very interesting discussion with a man last weekend who describes himself as an Innkeeper. His establishment (three of them as he’s moderately successful) all sell beer, wines and spirtis as well as providing some letting accommodation. Therefore, he is ‘landlord’, albeit a different kind. He thought the restrictions on finance cost relief […]

Tenant One has not paid £4,450 rent , tenant two owes nothing. Both are business professionals they claim. Both have left the property, have not a clue where they are! Both are on Social media. I had sent constant emails, phone calls asking rent arrears to be paid, tenant one promised, tenant two is upset […]