I am beginning to realise I was very foolish. I allowed a family who I was friends with to let my property way under the market value. We drafted a contract so that their children could be accepted at the local school. It was agreed by both sides that the deposit did not need to […]

I am currently looking into the possibility of buying a small piece of land (less than 9m2) from my next door neighbour. I have spoken to her about the purchase and she is happy to proceed at the right price. I have spoken to my solicitor who has quoted £850. That seems a lot of […]

I own a flat in Torquay (ground floor). Now this is my problem, the roof was letting in water and this was running down the cavity walls. Now the management company finally got someone in to look at the roof, at first it would be £600 per leaseholder because the costs where £6,000 (1/10 because […]

Landlords will now be able to quote and buy online through a branded Property118 quote engine with one of the most competitive Landlord Insurance providers in the UK underwriting it with a PRICE GUARANTEE. Customer satisfaction levels have gone through the roof as we save landlords money on their Let Property Insurance. Now we have […]

The Sheriffs Office are delighted to be attending the Landlord Expo UWE Exhibition and Conference Centre in Bristol on Thurs 12th March. Come and find a member of the team for a chat on stand number 10 or come and see our seminar on Recovering rent arrears being held in the Green Room at 2.45pm […]

Can a judge grant a possession order using mandatory grounds 8, 10 and 11 under a Section 8 Eviction without making an order for monies? If so this could be a very effective way to evict tenants who don’t pay the rent. In my experience, when trying to evict a tenant using a Section 8 […]

In December 2014 I received a large council tax bill for one of my rented properties. The bill was vague and it took phone calls to establish that my tenants never registered for Council Tax, after forwarding on the relevant tenancy agreements thought that was the end of it. I have now received another two […]

I am in a need of any suggestions you may have please. I am looking for a property for investment, mainly for capital growth but at the same time give me the rental that should cover the mortgage expenses. The sums are below: Price of property: 310000 Deposit: 124000(40%) Mortgage rates: 2.29 tracker HSBC or […]

When a tenant is either partially or fully supported by LHA and they choose to spend those funds on other things (sometimes as ridiculous as holidays or car insurance or even going to the casino); that in my book should be clearly categorised as misappropriation of Public Funds. (and yes, we have experienced all of […]

In the latest ruling under the Tenancy Deposit Schemes (Scotland) Regulations 2011, a landlord has been fined one third of the deposit amount for non-compliance. In Jenson v Fappiano, the landlord failed to transfer a deposit of £1,000 to an approved tenancy deposit scheme or to provide the tenant with the Prescribed Information. The landlord […]

I have over 30 properties in total of which I own 8 outright, and rest are on Buy to Let mortgages. I am looking for some advice on how to protect the 8 I own outright in the unlikely prospect of an increase in mortgage rates like we had back in the 70s ( I […]

This fantastic new investment opportunity, designed by an award winning architect, is situated in a city voted top for buy to let returns. Located within walking distance to Sheffield city centre and next to one of the city’s Supertram stations, these modern apartments are perfect for working professionals and students alike. The close proximity to […]

Hi again to all who took the trouble to reply to my previous post (why are my tenants trying to destroy me? see >> https://www.property118.com/tenants-trying-destroy/71453/ ). Just an update, as I said they did move out on 9th Jan without leaving a forwarding address or my keys which were never returned through their solicitor…surprise,surprise!! Anyway […]

We are almost completed on the purchase of a 1900’s mid terraced house in Nottingham and the final search we received today says that the house is in a radon affected area “as between 3 and 5% of homes are above the action level”. We are newbies but we will no doubt carry the responsibility […]

Statistics released by the Ministry of Justice (MoJ) show that despite an overall 5% fall in possession claims issued at county courts in 2014 versus 2013, the figures are skewed by a more lenient approach taken by social landlords, and that the continued rise in accelerated possession cases which are at a 15 year high, […]

I am just about to convert a dingy bedsit into a bedsit with loo and shower, the room size will remain the same, the loo and shower will be enclosed in a soundproof studded partition. Is anybody able to tell me whether, the local council are able to impose council tax after the change is […]

Back in December 2014 we gave Property118 readers the ‘heads up’ that £250,000 of shares would be released in Spring 2015. We invited members to register interest and to indicate the level of investment they were prepared to consider. These expressions of interest amounted to over £2 million of potential investment! The opportunity has been […]

I would just like to clarify something unequivocally if you can please – I thought it was set in stone that a section 21 notice cannot be valid if the deposit was protected late (unless the deposit has been returned etc etc.). But I have been told this: As my tenancy has rolled on to […]

Scimitar House is located near London’s District Underground line as well as next to the recently approved Crossrail train track, due to open in 2020. According to local agents, property prices in Romford are set to increase by 40% in 5 years time, so now is a great time to invest in Romford. This boutique […]

My occupancy agreements impose standard charges for things like rent arrears letters, or anti-social behaviour letters, or lock changes due to tenant damage, etc. These charges are added to the resident’s rent account, and this is clearly stated and agreed to in the occupancy agreements themselves (which of course the resident signs). Thus, a resident […]

Hello, I am on a Statutory Periodic Tenancy and want to leave. My agent is saying that I have to give two months notice, and I have to pay the last months rent before they will release the references. This makes it very difficult to secure anywhere else as they won’t hold places for two […]