We seem to pay a large amount of fees on our buy to let mortgages.  I note from yahoo the US Government has done away with mortgage fees and 18 years fixed rates at 3%. Some BTL lenders will not add the fees to the remortgage and demand fee payments up front. I made an […]

Property TV officially launches on Sky Channel 238 on Monday 15th June 2015, however, programmes have been showing since 1st June so why not give them a look this evening. Between 6pm and 8pm you will see 10 second advertisements sponsored by LettingSupermarket.com. This is their initial pilot into TV advertising since the successful completion […]

On 14/2/2015 I received a text from tenant advising me they would be leaving. I immediately called the tenant to clarify the situation and to also confirm they were giving me four weeks notice, to which she agreed. The following day my husband and I visited the tenant to discuss the things that the tenant […]

Currently I have a residential mortgage and have permission for two lodgers; I now have two lodgers residing with me.  I wish to purchase a property in Swindon which is where I work with my Girlfriend but don’t wish to prevent myself or her from staying in my current home, it’s convenient for seeing friends […]

My tenants are claiming that their inventory isn’t invalid. They have been in the property 2 years.  When they moved in a detailed inventory was done with pictures. As I did the inventory myself I also said they could go through the inventory and any thing they wanted to add I would be happy to […]

I have had my offer on a flat near to my home ( Watford) accepted with an anticipated rental of £1,000 per month at a purchase price of £285,000 which comes out at around 4%. My research, which has been tentative at the moment, and a recent article I read on properties in Hull suggests […]

I have just been granted my first charging order against the property of a tenancy guarantor. I got through to this stage ( including the court hearing yesterday – all of 3 minutes ) myself using good old Money Claim Online – a process I have used successfully on a number of occasions over the past […]

I have been in a process of buying my first BTL.  All was going well up until this last week of exchange of contracts but the seller solicitors have informed that there are no lease documents governing the property. My solicitor is now in negotiation with the seller to pay for indemnity insurance and also […]

My Mum is 60 and has a small mortgage of around £57K on an £800K property.  She has retired with only a small income, and has said that she would find it comforting if I could add my name onto the mortgage. How easily and what steps would be involved in doing so and can […]

I have a tenant that has been living in one of my properties since 2009. She’s an LHA tenant and has never actually missed a payment in that time, but in the last year or so she has been constantly late with the rent which has caused me a fair bit of stress and wasted […]

Tenants moved in a few weeks ago, I stipulated no dogs, they now want to get a puppy saying it will help there autistic child. They’ve offered a large extra deposit and a £30 PCM increase in rent. But I’m not not allowed to increase the rent during the first year of the tenancy. Is […]

I just recently read an article which stated that landlords could be sued by tenants for failing to repair surrounding areas of a property (access to the property, i.e. broken footpath etc.) before it had been reported as an issue by the tenant. This got me thinking as it also stated that common areas in […]

We have an issue where a tenant has been evicted from a property we are now owed back rent of £2900 and damage caused by the tenant another couple of thousand then there’s legal costs getting the eviction etc etc. So for arguments sake lets say £5000. We have now re let the property. There […]

Can anyone offer advice on the tax implications for a Joint Venture funding partner who is a UK non-dom? The proposed arrangement would be where the non-dom JV funder would either be paid a straight interest, or share in the profit of property development flip projects. Many thanks. David

I have just evicted one tenant so need to ensure I find the right tenant next. I’ve just referenced a new family and the tenant has a CCJ for car hire £1300. However I have spoken with previous 2 landlords (one housing association the other a letting agent) . The rent was up to date […]

My elderly mother bought a leasehold flat in a retirement housing building a few years ago. Her circumstances have changed and she has now moved from the sheltered residential accommodation into a care home, leaving a vacant, empty flat. As I see it, I have three choices: (1) retain the flat for my future use […]

We are relatively new to Buy to Let (15months ) and to date all has gone well. However, a recent visit to our tenant has revealed that the neighbour below has a son who makes a lot of noise and sometimes late at night. He has a medical condition so it not a malicious situation, […]

I went to a Landlords Forum in Bridgend, Wales last week, what a nightmare! It is finally arriving, the dreaded Universal Credit! This is where our tenants will receive the housing element of around £500 plus every month. Will they pay us? Here is my idea to canvass. If you have Housing Benefit tenants they […]

I’m looking for a bit of advice regarding Section 21 notices and the Deregulation Bill. As I understand it the timing of issuing Section 21 notices has changed. My question is: I correctly served a Section 21 notice in February to end a tenancy the day after it’s six month anniversary on June 21st. Is […]

I am a Landlord with several properties but I must confess, the question below has me a little confused as it is an area that I have no experience with, so hopefully P118 members can provide some useful feedback. I am thinking of buying a large Victorian house that has two front doors. The property […]

Hello all, I will explain in more detail, but first just wanted to say that this site has been a great source of learning for me as I have been planning to build my portfolio and I can’t thank the owners and contributors enough for the knowledge sharing. Now for my query – I hope […]