Page 760 – Property118

My Agent is quoting Data Protection at me!

15th February 2015

My agent is refusing to provide details of an absconded tenant under the Data Protection Act. As the tenant is my client, I believe the agent holds the information on my behalf, and I am entitled to access.   Thoughts please Bill Williams

Structural survey was OK but tenants report damp after just two weeks

15th February 2015

I recently posted the ‘Newbie‘ thread so I haven’t been a landlords for very long. I bought a mid-terrace in December 2014 which, before I bought it, I had a full buildings survey done as I wanted to try, as best I could, to highlight any major things wrong with the property in order to […]

Capital Gains Tax in Divorce – Deal or No Deal?

15th February 2015

I am just hoping for a little bit of advice as my solicitor has my head in a spin and has suggested looking at getting advice elsewhere.  I am currently in the process of splitting with my wife,  I moved out of the marital home in April last year. We have a buy to let […]

Running cost of bio mass boiler

15th February 2015

I have been a tenant on a farm on an AST for nearly three years. I have always had trouble with a dodgy oil fired boiler and at times had several days without heating. The owner has now installed a bio mass boiler fuelled by wood pellets to serve my property, two other cottages, his […]

The implications of employing someone to help with the buy to let business

13th February 2015

Just wondering about what the legal implications would be of employing someone for, say 20 hours a week – I’m thinking it would be best if they had self-employed status? I’m not sure exactly what I would want them to do yet as the work is often ad hoc. It could include conducting viewings and […]

Land Registry restriction – No disposition by a sole proprietor?

13th February 2015

I have a restriction on the land registry for a property I have a sole mortgage on – the restriction States there is to be no disposition by a sole proprietor, what’s the best way to have it removed or could I just add someone else to my mortgage to get around this ? There […]

Landlord Insurance

Stop worrying about your boiler with Landlord Emergency Cover

13th February 2015

February is the heart of winter and the month when the boiler in your let property is being constantly used to provide hot water. If it is past its best then maybe you should consider Landlord Emergency Cover to protect it and your tenants. In the last two years I personally have paid for a […]

Bank of England lowest interest rate projections yet

13th February 2015

What most Landlords are interested in, because many have Buy to Let mortgages, from my Bank of England quarterly inflation report summaries is what might happen to interest rates in the future. Well the good news if you are hoping the rate stays low is that the latest report shows the lowest predicted medium term […]

Cannabis smoking in property – what is the legal situation?

12th February 2015

I’ve a property with 10 self contained units – one is smoking cannabis early morning (night workers) which is permeating the house – it’s the first thing you smell as you enter – they’ve been spoken to, obviously deny it, and it didn’t happen this morning. Though, I do know that high quality pre rolled […]

Boutique student Buy to Let offering 8% net returns

12th February 2015

New Bank House in the heart of Sheffield is a new conversion project set to be finished September 2015 consisting of 178 large contemporary student apartments. This bespoke boutique student accommodation development could make a fantastic addition for a Buy to Let property portfolio, offering impressive NET rental yields of circa 8%, assured for 2 years. […]

Landlord Action logo

Say No to increase in court fee

11th February 2015

Last April, landlords had to endure a 150% increase on court fee rises on section 8 claims from £100 to £250, in addition to the increased placed on the Accelerated Possession fee from £175 to £280. Now the Ministry of Justice has announced plans to increase court fees again, by another £75 per claim, for […]

Dishonest and neglectful freeholders

11th February 2015

The freeholders of the property my flat is in have neglected the building for years and deceived at every opportunity. I purchased a two bed leasehold flat last year with a lease of 61 years for 75K it was in need of total refurbishment, 16K worth. I will use it as a holiday let which […]

Landlord looking for Let to Buy advice

10th February 2015

I’m new to the site and fairly new to property investment and with a wealth of knowledge and information on this excellent site I am looking for a bit of advice. I have two properties (one that I live in and one on BTL) but I’m looking to purchase another within the next 24 months. […]

Split 1 Title Into 3

10th February 2015

I need advice on the best way to split 1 title into 3 and keep hold of the split units. As far as I’m aware, I cannot be the freeholder and leaseholder at the same time. The property was granted permission to be set up as 2 x 1 bed self contained units, and 2 […]

Breach of long lease covenants section 146 of property act 1925

10th February 2015

I have a bought 200 year commercial shop lease for £90,000. At the time of purchase it was tenanted. I have split the shop into two and let it separately. The freeholder wrote me saying that I have breached the covenants of lease and that I should bring back to its old state within reasonable […]

Should I let friend sublet my HMO or have 5 indivual tenancies?

10th February 2015

I am about to purchase a house which would allow me to rent out 5 rooms separately, with a shared kitchen, bathroom and communal/dining area. One of the tenants living there would be a close friend. I am considering one of these two options… 1) Rent out each room separately, give them all separate tenancy […]

Estate Agent Blogs

10th February 2015

We are looking for Estate Agents to explain to Property118 readers (nearly 200,000 subscribers) why their area is a good place to invest into property.  What is in demand and why? What are other buy to let landlords buying and why? What are the areas to avoid? The blogs themselves are to be for information […]

Lease Extension – Nightmare Freeholder

9th February 2015

I have a 2 bedroom flat on a lease with 77 years remaining. I have it up for sale (and its in excellent condition) but the problem seems to be the duration of the lease (feedback from estate agent). I would like to extend back to the original term of 99 years, and the nightmare […]

Freehold to Split Lease Issues

8th February 2015

Are there any issues I should be aware of as I plan to split the freehold of a shop and flat (separate entrance) into two leases. The aim is to immediately remortgage the flat as a B2L and get it rented out. I complete the purchase on 25th Feb and need to get loans paid […]

Continuity of Periodic Tenancy

8th February 2015

I have a periodic tenancy in a property that is currently managed by a Letting Agent.  Should I wish to terminate my contract with the agent and manage the property myself, would I be able to retain the tenant on the same periodic agreement? I have read the terms and conditions of the Letting Agent […]

Liability of brick falling onto Neighbour

8th February 2015

My tenant has advised me that his neighbour came around to say that a tile has fallen from my house and damaged the neighbours shed.  Please can someone clarify whose liability and what the best course of action would be. I live in London, my property is in Wales What shall I do? Am I […]