Page 757 – Property118

Crowd funding – are the current offerings credible?

24th March 2015

I’m keen to hear other peoples views on crowd funding buy-to-let property. I saw in the news today that one firm had just received over £5m of funding so clearly someone thinks this is a big opportunity. In the question below I have named some firms I know of but please remove these if this […]

6 months rent paid in advance refund

23rd March 2015

My father has paid 6 months rent in advance as he is retired, but is now in hospital and unlikely to return to his flat.  Can he get a partial refund? Thanks Monica Hawley

Inheriting Properties with Buy to Let Mortgages

23rd March 2015

My father recently passed away leaving 11 properties, all with mortgages with an average of around 85% remaining to pay. My siblings and I have little to no knowledge of this area.  A couple of the properties mortgages are up in 2016, which at that time, as understand it, will need to either be paid […]

Buying an unregistered property with no deeds

22nd March 2015

First post here and glad I found the site. I have a conundrum and am about to walk away from an opportunity if there is no solution. I have found a 3 bed detached house, in need of total renovation, with a house sized plot to the side, and garage at rear. It is a […]

Landlords Duty of Care to Tenant?

22nd March 2015

I moved into rented accommodation in the last six weeks.  The landlord failed to inform me of the violent lady downstairs and I have since been assaulted by her. He clearly knew about her violent nature from previous tenants, has he a duty of care to move me? I am a single mum with a […]

My complaint against my landlords is ….

22nd March 2015

So glad there is a platform for tenant support – I feel really screwed!  So my partner and I have been living in a property for just under one year. When we originally looked and moved into the property, WE requested two years as we wanted to keep the high London costs to a minimum […]

Can I turn my 2 bed flat into a 3 bed shared accommodation?

22nd March 2015

Hello all, I own the freehold of a block of 4 flats in Southport town centre. I have planning permission to turn the top and bottom flat into 4 flats but have been advised by an estate agent not to poor any money into small town centre flats as there are too many already. I […]

Sell via online or high street estate agent?

22nd March 2015

I have been a long time Property118 reader and am always amazed at the amount of advice that readers questions get, so have decided to try it for myself! I am a small time landlord with 4 properties which I self manage. For work reasons we have been living in rented accommodation, but now wish […]

Landlord Mortgage Expansion Advice required

22nd March 2015

Hi all, First of all, I like this site, the wealth of available information is immense, however, I am green and therefore require some advice, here go’s …  In 2011 I went through a divorce and with the financial help of my parents paid off my ex for 50 percent of the property equity. She […]

Seeking Advice on Habitual Residence Legislation

22nd March 2015

My tenant came to this country aged 9 mths, his mother was German & his father a British serviceman, they then married in the UK.  He is now approaching 29 years of age and has remained in the UK ever since undertaking all his schooling here plus a college course. Due to him having a […]

Managing your own Buy to Let Properties

21st March 2015

What can self-managing buy to let landlords do to improve efficiency and protect themselves …. and under what circumstances should they seriously consider outsourcing the letting and management of their properties? I’m not a particularly well organised person when it comes to paperwork etc. probably because I don’t enjoy it. For that reason I choose […]

Good questions to ask when buying a tenanted property

20th March 2015

Buying a tenanted property can have many advantages, immediate cashflow being an obvious one. However, you need to be sure that you are not taking on another persons problems so below are some of the questions we recommend you to ask the seller.  1) How many tenant changeovers have there been in the last 5 […]

Introducing OnboardPro Systems

20th March 2015

OnboardPro are one of our latest sponsors here at Property118 and I think you will really like what they have to offer to increase the efficiency of the Private Rented Sector. Their cloud-based software combines the full pre-tenancy process into one efficient system guiding you step-by-step through the tenant move-in process.  Tenants can complete applications […]

Referencing before viewings – everyone’s a winner!

20th March 2015

I recently wrote about a scenario where I had 60 viewing requests and 19 viewings in one day.  Great you may think, and yes it was 🙂 Demand was high and two people even ended up offering me £75 pcm over the asking price. HOWEVER, the first couple failed referencing due to having three months […]

HD consultants

HD Consultants Get Business MoneyFacts Award Recognition

20th March 2015

Property118 IFA partners HD Consultants won a podium finish in their first venture out to the Business MoneyFacts awards held last night. Howard Reuben, the Principal of HD Consultants, and his team won 3rd place “Commended” Buy To Let Mortgage Broker of the Year 2015. Howard said “recent trade press report there are about 16,000 […]

To HMO or Studio that is the question!

20th March 2015

New member reporting in, I’ve been a landlord for 8 years now and I’ve got 4 flats and a couple houses. The last purchase I got planning to build new so doubled my money ( gogo permitted development rights 😀 ) so I’m now looking at my next purchase as I’ll have a good size […]

In Scotland, smoke detection rules changed over a year ago…

20th March 2015

So far this year we have taken many hundreds of calls to our free member helpline, asking us about the new rules for smoke detection in the private rented sector (PRS). Changes came in well over a year ago in Scotland, via the “Repairing Standard”. Our member factsheet on this topic is one of the […]

Buy freehold of a Leasehold property

19th March 2015

I have a leasehold basement flat which is within a block of four flats. The freeholder of the block recently notified me of their intention to sell the freehold and will soon be initiating the formal process by offering the freehold to the tenants before selling on the open market.  I would appreciate your advice […]

Section 8 and section 21 notices concurrently?

19th March 2015

I have already served a Section 21 notice which hasn’t expired yet.  If in the mean time the tenant then becomes 2 months in rent arrears, can I then serve a Section 8 also ? Also, if I can presumably serve both notices, if the expiry date of the section 8 comes up first, can […]

Transferring deeds into joint names

19th March 2015

I’m looking for advise from anyone regarding the most cost effective way of transferring deeds into joint names.  We started out our buy to let business 5 years ago, with initially 3 properties and at that time put the deeds for those three houses into my wife’s name for tax purposes. 5 years later it […]

Budget 2015 – Government intend to make it easier to sublet!

19th March 2015

Almost buried on page 51 of the Budget Red Book the Chancellor gives a very brief outline of his intention to prevent the Private Rental Sector from stopping tenants being able to sublet. This document states: “Support for the sharing economy 1.193 The government wants to ensure that Britain is the global centre for the sharing […]