I have 2 HMOs that I rent out to ‘professional Tenants’ I took one tenant who is on a very low income but had her rent paid 5 months in advance by her parents who have moved overseas. Her fixed term ends in June and I have requested on-going 2 months rent in advance since […]

I am being messed about by a young HB tenant. I said never again to young HB tenants, but this time her mum lives on the same road and was happy to be a guarantor, so i accepted her. After one year she has missed 6 weeks rent due to a HB issue when she […]

I have been renting my flat for 18years without any need for a deed of covenant. I with other owners have a share of the Freehold of the building. All of a sudden company directors(owners who have put themselves forward as directors) are asking for a £150.00 +VAT for deed of covenant for each new […]

I received a letter from Mortgage express today explaining that they are selling part of their portfolio to Rose Mortgages ltd. and that the ‘day to day’ admin of the mortgage will be managed by Pepper UK LTD, trading as Engage credit. It also says that if I have other mortgages with them (I have […]

I would appreciate advice from someone who follows the strategy of adding value to flats by changing the layout in order to create more rooms.  I have recently purchased a big one bed flat in a block of flats with the intention to create second bedroom. It is my home, not an investment project. The […]

I have a residential offset mortgage with Intelligent Finance (IF).  I took this specific mortgage out as it had specific features that appealed. The offset worked from money held within your bank accounts Throughout the term of the mortgage you could apply to draw down on the equity built up (subject to some affordability rules) […]

We received a bundle of keys from Estate Agency after completion. None of the keys were identified by labels. We expected to receive a key for freehold flat and three keys for the leasehold garages which form flying freehold, clearly identified.  We arranged to meet garage leaseholders to introduce ourselves and also inspect the garages. […]

Take a look at The Housing Enforcer programme on BBC iPlayer which relates to private property lets. It’s an eye opener and you’ll know what I mean when you see it with the landlord there to obey. Is it any wonder this country’s nearly bankrupt! Link >>> http://www.bbc.co.uk/iplayer/episode/b05whhs3/the-housing-enforcers-series-2-episode-11 Thoughts? Regards Jack Editor note: All links added […]

I have a leasehold/freehold question and appreciate the input and thoughts of the many here.  I own a 2 bed first floor flat, the 3 bed flat below is owned by another landlord but is significantly larger therefore of a higher value than mine. There is 85 years left on the lease and the freeholder […]

For months now I have been fending off veiled and not so veiled threats from ill-informed letting agents about the consequences of not shelling out for legionella tests. I have directly engaged several letting agents on their attempts to make landlords feel as though they are committing a crime against humanity unless immediately cave and […]

Long story cut short … the last tenant (A) to move out of one of our small portfolio of 5 houses failed to pay her rent for the last month, left some minor damage etc etc and so this weekend we claimed the full amount of her deposit back from the DPS.  Her response was […]

I am a landlord with 3 Buy 2 Let properties and my own private mortgage with Mortgage Express ( 4 properties in all ). I got into trouble by not paying the monthly mortgage on 2 Buy 2 Let properties then a managing agent was appointed to collect rental income and forward amounts monthly ( […]

I am considering selling my investment property which is a terraced cottage. The estate agents have asked me to sign a Consumer Protection Regulations 2008 Questionnaire. This mostly relates to the condition of the property. Does anyone know if this is now a legal requirement? Many thanks Peter

First of all many thanks for providing support, I have now finally got the possession order for my flat. It will be emptied in next few weeks. For new tenant, my current agent is advising me to let flat to London Housing Trust housing adult vulnerable people. Apparently they give rent above the market rate. […]

I am a landlord with honestly the worst tenant ever (This was my first and last rent). I have now received a letter from the tenant claiming he has fallen down the stairs and I have received a letter confirming his solicitors (Express Solicitors) are now reviewing the case. Basically he has fallen down the […]

I’m in the process of buying my first Buy to Let property and have just received the mortgage offer from the solicitors and it states that no Dss / Housing authority / Students are allowed as tenants. In my original mortgage offer from the financial advisors which I only received 4 days ago, there is […]

We signed a new tenant in a house share on a 3-month tenancy due to end on the 30th of June. He has been nothing but trouble, moaning and complaining about the other tenants, filling most of the communal cupboards with his food, and now on the weekend he threatened our very nice Vietnamese tenant […]

I have asked an estate agent to help me to find tenant for a flat in London. Initially I was looking to pay for full management as we are not from London, so negotiated rate 8% inc VAT with no additional charges (ie. finders fees, inventory etc) which I understood would be deducted from the […]

I have a victorian house that has been converted into 2 flats. The issue I have is that the tenants I have in the lower property are moving out due to the noise from above. But they are saying that its not from the fact the the property isnt sound proofed (standard with these types […]

Do any members have advice on buying a property abroad?  I’m interested in Spain – finding a property to let as a holiday home. Anticipated returns, management options, dealing with banks/buying process etc. Any advice would be great. Thanks Rob

Back in 2005 I remortgaged my residential home and bought 2 BTL properties, the amount remortgaged was £130,000 and the interest rate was 5.95%. Therefore there was an additional annual cost to me of £7,735.  I have since sold my residential house and moved, in fact moved twice since and now have a residential mortgage […]