Page 761 – Property118

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 […]

BTL mortgage case studies – my new weekly column

20th February 2015

I have been asked by Mark Alexander to put together a weekly column with examples of the enquiries I receive from Property118 readers and the solutions I have been able to offer them. Hope you find them inspiring 🙂  Case Study One BTL investor for just over one year. Currently between jobs. Has owned five […]

14 flats with only 50 years remaining on lease

20th February 2015

Bought these 14 flats approx. 8 years ago when the market was on the up with the idea of paying for the lease extensions through the increase in values over the following years. I paid around £80k each for them on interest only mortgages with a deposit of 15%. Now with only about 50 years […]

Problems with Legal Property Title

20th February 2015

Hi everyone.  We are currently looking to invest in our first BTL and are considering purchasing via auction a leasehold house (992 years to run) via auction. The property has been repossessed and is being sold by the receiver without any “Guarantee of Title” I have been advised that this is not unusual for a […]

How to find good builders?

19th February 2015

This question may well have been asked but; how do I find builders that I want to do simple handy work jobs that do not cost and arm and a leg? Are there any good websites?  I have tried a few builders but all of them have charged loads of money for a half baked job […]