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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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% […]

Six flat owners own the freehold. I’m the managing director. I want to manage the block professionally, but can’t find a current book on block management. Please can anyone suggest one?  I don’t want to employ an agent. Thanks Edwin

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 […]

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 […]

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 […]

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 […]

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 […]