Page 760 – Property118

Sheriffs Office at Landlord Expo Bristol

4th March 2015

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 […]

Section 8 Possession Order without monies judgement?

3rd March 2015

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 […]

Unpaid council tax £9 fees £500!!

3rd March 2015

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 […]

One bed flat – first time BTL is it a good investment ?

3rd March 2015

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 is a spade ever going to be called a spade? Misappropriate of public funds.

3rd March 2015

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 […]

Landlord fined one third of the deposit for non-compliance

3rd March 2015

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 […]

How to protect my unencumbered properties?

3rd March 2015

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 […]

Yields up to 8.5% and returns up to 17.8% in Sheffield

3rd March 2015

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 […]

DPS ADR process any experiences?

2nd March 2015

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 […]

What are a Landlords responsibilities with respect to Radon Gas

2nd March 2015

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 […]

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15 year high for Section 21 possession cases

2nd March 2015

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, […]

Bedsit to Bedsit with shower and Loo – Council tax?

2nd March 2015

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 […]

Letting Supermarket Shares On Sale Now

2nd March 2015

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 […]

Section 21 and late deposit protection into SPT period

2nd March 2015

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 […]

Final Allocations: London Apartments from £193,500

2nd March 2015

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 […]

What charges can be counted as rent?

27th February 2015

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 […]

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 […]