Page 774 – Property118

Out on my ear after 25 years

8th May 2015

I have been a private tenant for 25 years, living above a commercial premises.  Totally out of the blue 3 weeks ago we received a section 21 notice from our landlords solicitor. I would like to point out here that we have ALWAYS paid our rent, council tax and water rates. Anyway, we have received this […]

£50-£75k Property Investments in Salford or Sheffield – Good or Bad?

8th May 2015

I’m currently looking at making my first investment – I have saved up just over £15,000 and my plan at the moment is to invest in either Sheffield or somewhere in Greater Manchester like Salford.  Really I’m looking for advice on how suitable properties between £50-£75k in these areas are for buy to let? How […]

Buying a newly converted property with no NHBC or Zurich Warranty

8th May 2015

I am thinking of buying a newly converted flat (leasehold) that I really like. My mortgage broker however pointed out an issue i.e. it is newly converted and I would be the first buyer since conversion. The property has a building control certificate saying all work complies to regulations but doesn’t have any guarantee that […]

Letting Agent behaving badly

7th May 2015

At present I live in a property and have had issue after issue with repairs. The biggest problem involved damp and mould to which I invited environmental health to view. They suggested many were living in worse conditions but my property was in fact poorly ventilated. The letting agent was advised on recommendations to be […]

Buying a tenanted property without inventory

7th May 2015

I’m buying one flat in London and looking to exchange in next few days. However, I have just heard that the vendor  didn’t have an inventory done at the beginning of the tenancy. He has given section 21 notice to tenant for him to leave in about 6 weeks.  Is there anything you can think […]

T to L Notice Weekly SPT?

6th May 2015

How much notice is a tenant required to give a landlord once it has become a SPT (the rent, on the original fixed-term AST, was paid weekly). I have heard/seen/read ‘one month,’ ‘four weeks’ and ‘one period’ (i.e. one week).  If you could back up any answers with a source, that would be fantastic! Many […]

Burst pipe, house drenched, stressed tenant – HELP!

6th May 2015

I remember reading quite recently an article on Property118 by a member who specialises in helping landlords to make insurance claims but I can’t find it now and don’t have time to trawl through the last few weeks newsletters to find it. Would you be so kind as to remind me of the link please?  […]

Splitting rent and expenses for joint tenancy between non-married landlords?

6th May 2015

I have a BTL mortgage property jointly with my brother (i.e. we are not married as I know the rules are different for married people). It’s a joint tenancy, not tenants-in-common. We intend to split the rental income and expenses (via beneficial interests, and we will draw up an agreement to make this clear). The […]

CGT implications – Non UK resident

6th May 2015

I was searching for an answer to one of my queries and came across this website, found it very useful and helpful. I hope, I can be put in right direction. I bought a property back in 2009 for approx £100k and now its worth is around £220k. I am trying to work out the […]

Rental income and personal mortgage

6th May 2015

What affect does having a buy to let portfolio have when you apply for a personal mortgage?  I work full time and if I choose to move I could put down a 40% deposit on the sort of property I’m looking at. In addition rental income adds another 35% to my income. Is having so […]

How binding is the wording on a lease?

6th May 2015

We own a couple of flats in a large block of flats and we are charged service charges set by the size of the flats. However, the new management company has increased one of the flats service charges to much more than the size. They say the percentage charge is in the lease  and cannot be changed yet it […]

HMO in Birmingham

6th May 2015

I am currently researching HMO’s and was hoping somebody in the Birmingham area would show me around their HMO so I can physically see what this looks like in terms of rules and regulations.  This is something I would like to invest into and build a portfolio one day. Many thanks Anne-Marie  

Remove my wife’s name from the BTL mortgage

6th May 2015

I’m in a predicament where I’m separating / divorcing from my wife. We jointly own a BTL with a tenant in place. The property has been valued at £105,000 and our outstanding interest only mortgage is £101,500. The rent is £450 per month and the mortgage payment is £190 (we got an excellent base rate […]

Whose responsibility is it to pursue a guarantor?

6th May 2015

I have requested my Letting Agent to write to the Guarantor on a property where tenants are away behind on the rent.  My Letting Agent has come back and requested that I use my solicitor write to the Guarantor. In your opinion, should it be the Landlord’s responsibility or should it be the Letting Agents responsibility. […]

Change of Contract for a Protected Tenant

5th May 2015

I was recently advised by the local Private Sector Housing Enforcement Officer that, because of “The Housing Health and Safety Rating System (England) Regulations 2005”, I have to fit fixed heating to a flat that is under an old Protected Tenancy where I don’t get a fair and proper rent. The flat has open fires […]

Abatement Notice for household waste

5th May 2015

The owner of a property I manage has been issued an Abatement Notice (Environmental Protection Act 1990:S80) for a house where, according to the notice, the rear garden has an ‘accumulation of household waste’. I have no reason to doubt the presence of the waste as the property is in a very run-down poor area […]

Tenant very keen to buy but keep saying not just yet!

5th May 2015

We have been letting a 4 bedroom house to the same family for the past 4 years and they are good tenants. During the last 18 months they have stated on a number of occasions that they definitely want to buy the property as they cannot find anything more suitable. For our part we need […]

Environmental Health want to give me ASBO for my tenants dog poop

5th May 2015

I have a few houses in Nottingham HB tenants. I normally have good working relationship with Environmental Health, but recently, one of my tenants dogs been poo-ing on back garden which is not nice for neighbours I know. The neighbour knows Sherriff of Nottingham which is having influence of this. Please see below my letter […]

Tenants break up and lock change request

5th May 2015

My tenants split up last week telling me straight away and the guy is going to keep on the flat. The girl moved out and collected her stuff over the weekend, but since it was at the start of the month and short notice, she has paid me half of May’s rent and he has […]