Page 759 – Property118

Rent-by-the-room Agents – do any exist in NW1?

12th March 2015

I am trying to find an agent who deals with renting by the room in NW1.  I have a 4 bed flat and one of the rooms is let, I want to let the other three. Nobody seems to mention it on their website, and all the agents I have phoned will only rent the […]

Advice on selling a tenanted property?

11th March 2015

I am looking to put my property on the sales market and wish to give written notice to my tenant that:- 1) I wish to have an Estate Agent attend and take photos of the inside of the property. 2) Give notice that once the property has been sold they would be required to vacate […]

Tenancy Notice Period – Tenants Questions

11th March 2015

I took an Assured Shorthold Tenancy Agreement on 19th October 2010. I paid one months rent in advance on 19th October and the next rent payment was 20th November. The tenancy period was 12 months with a two months notice period to end the tenancy. The letting agents have never sent a new Shorthold Tenancy […]

Promoting the Managing Agent – what a cheek!!!

11th March 2015

What do readers think of the following e-mail I received from my managing agent?  “VA Property Consultants are now SELLING properties in Luton and Dunstable and would like your help to create awareness for our new sales department. This is why I am contacting you as a valued client as we would like your support […]

Will Consent to Let Be Granted?

10th March 2015

I own a flat with my ex, he has not contributed for two years and I don’t believe he is registered on the electoral roll at his new address.  I recently moved out and expect to return at the end of 2018, so I asked some friends to house sit while I got some building […]

Tenant Unfortunately Made Redundant

10th March 2015

I have a tenant on a 12 month AST which ends Mid July, they are a nice couple with a baby. A few months ago, they made me aware that they may not sign-up for another year and may relocate back to their parents, which was fine. I have now just received a note that […]

BTL Banking Questions

10th March 2015

I have been following this site for a few months now in anticipation of purchasing a BTL shortly. Just wondering when submitting your tax self assessment, would you also deduct overpayments to the mortgage from the income or is this solely applicable to the interest portion of the mortgage payments?  I also plan to open […]

Buy To Let Mortgage Non-Home Owner

9th March 2015

I am hoping someone can explain this better.  I am married, own my own home that my family resides in and own a 2nd home on a buy to let mortgage that is rented out. I would now like to purchase a 3rd property that will be another buy to let investment. As my wife […]

Tenant has sub-let a room – help!!

9th March 2015

We own one BTL property which we have rented to a couple for the last two and a half years without any problems – rent has always been on time, property maintained very well etc. Initially it was a one year contract which has just rolled on.  Within the last couple of days it has […]

60 viewing requests, 19 viewings today – is it a record?

9th March 2015

My tenants gave notice a month ago and moved out today, they didn’t agree to viewings during the notice period because they have a young baby which is fair enough. Nevertheless, as soon as I was given notice I advertised the property with Letting Supermarket who immediately began marketing the property for £100 more than I […]

Repossession without arrears after property turned into cannabis farm?

9th March 2015

My mortgage company are intending to sell my buy to let property without my permission citing a breach of the mortgage. I have owned the house since 2003 but in 2011 the house was turned into a cannabis farm by rogue tenants resulting in an estimated repair bill of £20,000 which I simply do not […]

Trust Deed in favour of Limited Company for trading

8th March 2015

I have read many articles on advantages of owning buy-to-let property & related mortgage(s) in personal names, and having a Trust Deed in favour of a limited company to divert rental profits to the Company (20% tax).  I am in the 40% tax bracket with my salary, and my wife is well within the 20% […]

Property Ownership Registration

8th March 2015

I bought a BTL property(Leasehold) for which completion took place on 30/Sep/2014. A tenant moved in straight away and things with letting side all are going well so far. However, I’m still waiting for the completing of the ownership of the property registration. I don’t know much about the whole legal procedure but 5 months […]

CCJ obtained against tenant. Now need to trace him and get my money.

8th March 2015

Hi guys, This forum has been of great help to me since becoming a landlord. I hope you can advise me on the following issue as well.  I had to take my tenant to court over unpaid rent and managed to secure an order of possession under s.21 grounds 10 and 11. The court has […]

Right to Buy – equal rights for the disabled?

8th March 2015

I am the carer for a friend who has had the right to buy confirmed on his council home, but this fell through last year because we couldn’t raise finance either in his own name or by me assisting him by having a joint mortgage or being a guarantor. He is on incapacity benefit (as […]

Letting Supermarket Raising Funds via Crowd Cube

6th March 2015

This project was fully funded in just 7 days! For more details of the Crowd Funding opportunity please CLICK HERE For over two years ARLA members Letting Supermarket have been providing the following letting and management services to Property118 readers for just 4% of rent (minimum £24.99 pcm plus VAT). Visiting your property to take […]

No deposit protection as helping out friends!

6th March 2015

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 […]

Help buying neighbours land

5th March 2015

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 […]

Am I wrong? Or just nieve?

4th March 2015

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 […]

Property118 Landlord Insurance gets even better

4th March 2015

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 […]