I have a flat which is in negative equity by 25k. As the flat wasn’t suitable for my little girl to grow up in I bought a house. I ask my lender for a consent to rent my flat out. It is only allowed for two years and one if the condition is to return […]

Property118.com has been approached by a National Journalist who wants to write some articles on the implications of the Summer Budget proposal to restrict finance cost relief. The journalist wants some case studies and wants to feature landlords and tenants in articles. This is where you come in. Are you willing to put you name […]

This is my third Open Letter to Mr George Freeman MP – Conservative, Mid Norfolk  Dear Mr Freeman A response was received this week to the petition to Government regarding the restrictions of finance cost relief to individual landlords. The key message seems to be that Government wishes to “level the field” for homeowners and […]

I have recently taken on a new property and had an electrician in to look at putting in smoke/ heat detectors. He suggested that wireless ones are used . Are these still acceptable even though guidelines state they have to be hard wired Any advice gratefully received Kat

Hi, I am planning to buy a UK BTL in order to fund the purchase and refurb of a house in France which would be a 2nd home (with perhaps some small rental income as a holiday let, but this is not vital to the plan). We would be cash buyers of both. We are […]

The Government’s tax changes for landlords, announced in this Summer Budget, will significantly eat into landlords’ profits and, in many cases, will wipe them out completely. A petition against the budget tax change for landlords was launched on 26 July entitled: Reverse the planned tax relief restriction on ‘individual’ landlords. https://petition.parliament.uk/petitions/104880?reveal_response=yes#response-threshold The petition currently has […]

The number of buy-to-let mortgages available to landlords on the market has hit the 1,000 mark, representing a seven-year high. This is the first time since April 2008 that the number of mortgage products has hit 1,000, according to a Moneyfacts report. The boom can be attributed to new demand from thousands of pensioners making […]

This allocation is being sold off-market and direct from the developer. It is in a great central location and a rare opportunity to buy direct from a proven developer in a completed project. KEY HIGHLIGHTS Purchase direct from a leading developer. Studio apartments from just £69,950. 1 bed apartments from just £89,950. 2 bed apartments […]

In prime position for students, Northgate Point will provide a convenient and safe environment for all students. The development is positioned just 200m from the City Centre, 400m from Northgate Leisure Centre, and 700m from Main Campus. There are only 30 handpicked units available for investors that have pre-registered. To enquire about Northgate Point please […]

Recently come to market Leighton Hall is an already built student accommodation. Running for over 10 years it has a proven track record of 99.3% occupancy. Now on the market are a few exceptional units with an assured 7% yield for 5 years! Starting at just £41,640 and managed by the UK’s number 1 student […]

Having received a very bland response to the open letter I wrote to George Freeman MP on 13th July 2015, and various subsequent emails, I have eventually managed to arrange an appointment to meet him.  Inspired by a letter published by Property118 Member Jerry Jones to his MP I decided to send something very similar to my […]

I’m hoping that you can all help me or at least send me in the right direction. My partner and his ex wife are still on their Mortgage together. I am looking to buy the property or have her name removed from the mortgage and myself go on it. We have put money in to […]

I would like to ask if mice are a landlords responsibility to deal with or a tenants. I am a landlord who rents out a cottage in a rural area and the property regularly gets field mice. I have provided two humane traps for the tenant, Just wanted to know if I have any further […]

Can anyone advise on whether its the landlords responsibility to get rid of Silverfish? They are harmless and occasionally appear at night in dark/damp areas. Ive been quoted £195 plus vat to get rid of them! Many thanks Sam

Some of these are set out in HSE publications but there is also a lot of other information that clouds the issues. Does a landlord have to carry out a Risk Assessment, does this have to be in writing – the HSE guidance is equivocal. There are legal duties placed on Landlords by the Health […]

In the light of recent budget changes, until we see any response from government with respect to concessions they may make to individuals purchasing buy to let in their own names, buying through a limited company now seems to the sensible way to proceed with new investments. This thread is for tips and questions regarding […]

I am delighted to announce that all shares we sold by 11am on Monday 24th August 2015. The giant leap forward that seems to have inspired our investors has been the announcement of our intention to offer advertisers the ability to make their properties appealing to both landlords and owner-occupiers. You will recall from the business plan that […]

I’d be grateful for advice on what should a simple issue, but isn’t. I own two properties with similar value. I live in one of them with a residential mortgage of 50% LTV. I let the other one out with a BTL mortgage again at 50% LTV. I’d like to move into the BTL property […]

Imagine a 3 bedroom family house is let to a small family – a couple and a new born child for a very nominal rent of £900 per calendar month, excluding bills and CT. Later on they move downstairs into a large living room and make that as their bedroom, they then sub- let each […]

A prospective tenant whose bank account does not show proof of either regular or adequate income nor of rent payments (perhaps living with mum and dad, but I have not checked this out) and who says his call centre job often pays in cash has offered 12 months rent upfront. Would I be a fool […]

Just has a thought about the removal of the 10% Wear & Tear allowance as of 2016. Up to now we have just got the best deal going, but I have come across a strategy that may well alleviate at least some of this. We did take the decision to only let unfurnished from then […]