Page 758 – Property118

Ground rent purchase – lots of questions?

27th February 2015

Hello, 1, Can anybody advise me how to calculate the fair price to pay for purchasing the freehold of a ground rent on one of my rental properties. The yearly ground rent cost is £10.00 I have asked the current leaseholder and he has said that he wants £650, he said that this would cover […]

Decorator nightmare – they broke into my garage!

26th February 2015

In September last year I decided to have a wooden, ledge and brace porch door dipped and repainted. I took the door to be dipped. When it came back, mid October, I realised it was in poor shape, so I bought a replacement dipped one off the dippers. I have used local decorators for 20 […]

Carla Morris-Papps nominated for the Woman of the Year category

26th February 2015

Carla Morris-Papps, Chief Executive and Founder of Cotswold Barristers, has been nominated for the Woman of the Year category of the Echo and Citizen Women in Business Awards 2015. South West Business reported, “it takes a special kind of motivation to be the first non-lawyer to invest in creating a new barristers’ chambers. But after […]

Tenant arrears on property bought at auction

25th February 2015

I bought a two bed flat at auction in Dec 2014 with tenant in occupation on an AST since Dec 2009. The tenant has been holding over since the original 6 months period. When my purchase completed I was charged 3 months rent arrears, undisclosed at the time but I had to pay. The tenant […]

Furniture left in house by tenant and now asking for it back !

25th February 2015

My tenants gave notice and vacated property on 18 January. They were relocating to Scotland from Kent and couldn’t take all there furniture. I said I would dispose of furniture for them and not to worry, I was being helpful, so I thought, as they had five children two under 2 and I felt sorry […]

Deductions from deposit during tenancy

23rd February 2015

I have just handed in my two months notice to the Estate Agent (EA) managing the flat I’ve been renting. Within a week of handing in the notice I went on holiday for two weeks. I confirmed my time away to the EA by email stating the exact date of my return. I also mentioned […]

Tenant notice to quit – very confused, please help

23rd February 2015

I am a tenant with a technical question about notice to quit. I would be very grateful if you could help to answer my question please?  I have been served a section 21 which expires 15 April (I am on a periodic tenancy that runs from 16-15th of each month). In actual fact the 21 […]

Commercial to Residential Change of Use

23rd February 2015

I am currently looking at a commercial property which is basically two three storey terraced residential type properties converted into offices by opening the adjoining walls to gain through access so the two adjoined buildings work as one use.  I propose to buy the building commercial building (2 x terrace three stories combined) and move […]

Tigrent Learning – would you recommend this training?

23rd February 2015

I would like to move into property investing but have no experience whatsoever. I have a friend who went through Tigrent Learning and is now a successful property investor and I would like to follow in her footsteps. However, the course is very expensive and I want to show my family it is worth it […]

Service Charge Dispute leading to Bad Credit

23rd February 2015

I’m a leaseholder in a block of flats managed by a Service Management Company to whom myself and other home owners in the block pay annual service charge. I have argued with them to no avail that the payment should be broken down into monthly or quarterly payments.  At the beginning of the financial year when […]

Tenants separating – what to do?

23rd February 2015

I have a tenant who has just separated from her partner, he has moved out and she would like to continue with the tenancy which she can afford to top up. She tells me that housing are already paying some of her rent.  My questions are, 1) do I issue a new tenancy agreement to […]

Ending a rent guarantee contract with Northwood

23rd February 2015

I wondered if anyone had some advice. I have informed Northwood that I do not want to renew my rent guarantee contract with them. The tenants are moving out but not until after my one year contract expires at end of March, when I am due my last guaranteed rent payment.  Are Northwood liable to […]

Planning ahead – 72 Years Remaining on Lease

23rd February 2015

I’m hoping for some advice as to what if anything I should be doing in the near future so as to avoid a potential problem in the future.  I bought a leasehold flat in 1992 which I rent out and have done so for many years and I plan on doing so for many more […]

Opportunity Knocks at Lockside, Northampton, NN4

23rd February 2015

A selection of newly built 2 bed apartments, (PLC builder) supplied ‘tenant ready’ and in a prime rental location – with guaranteed rental income for 24 months* The Area 5 minutes walk from the high street and railway station. Adjacent to the Grand Union Canal. In a prime rental location where there is consistent demand […]

Ending Short Assured Tenancy in Scotland due to rent arrears

22nd February 2015

My tenant is now 3 months in arrears. I had written to them offering repayments in instalments which they accepted but then paid nothing.  I applied to have housing benefit paid direct to me which council agreed to, but they cannot pay me until the receive “change of circumstances” paperwork from tenant. Tenant has known […]

Freehold Reversionary Interest Value?

22nd February 2015

We own a leasehold flat in a reasonably new build development of three flats. When we bought we were assigned the freehold at no additional cost but the leases contain clauses restricting increases in ground rent etc.  We are now selling the flat, should we just include the freehold or sell separately? What it the […]

Absent Tenant – concerned landlords seeks advice

22nd February 2015

I have a tenant who first took my house in June 2013. First year was ok, then he told me he was going home to Slovakia for a short while but would return soon, meanwhile he would still pay the rent etc. – which he did.  Then he came back for a while and renewed […]

My tenant gave me just 8 days notice – help please

22nd February 2015

I am a relatively new landlord and have a tenant who wants to leave : she emailed me on the 19th Feb and wants to leave by the end of the month, 28th Feb.  The notice period is not explicit in the AST agreement but it does clearly state that the rent is payable monthly, […]

Old Gas Boiler for new – Tenant won’t sign!!

22nd February 2015

In one of my properties I have a gas boiler which needs replacing.  My tenant qualifies to have a new gas boiler fitted for free on a grant based scheme but feels uneasy about signing up for anything to do with the scheme. The alternative is for me to pay around £1,000 for a new conventional […]

Where To Source Self Build Mortgages?

22nd February 2015

Can anyone advise me where to source a Self Build Mortgage?  I am looking to split the grounds of my house and build another house to live in. Many thanks Hendry Robinson

Has anyone experienced situation where debtor has lied in court?

22nd February 2015

I recently applied for a debtor with 4 months rent arrears to go to court to provide evidence of finances. It was not possible to serve paperwork at the address she gave at the Small Claims Court as the bailiffs were told she had moved. However, the address she gave at the court hearing was […]