I know it’s difficult to predict the future of the housing market with any certainty but I’d still like to know your opinion, do you think the prices of flats in London about to fall and if so how is this affecting you buying strategy?  Thanks James  

Hello All, I will soon have to complete a Tax Return I believe as I now rent out a Property. I bought the house 12 years ago and lived in it until October last year. I had been Mortgage free for 2 years. I actually had no intention of moving at all, but a house […]

Our tenant had signed a 12 month contract until April 2015.  We rent out our house through an estate agents however due to my husband being a builder he maintains the property. Our tenant always let us know if something needed doing. One of the bedrooms started showing damp so he sorted what we believed […]

Posted in a discussion thread for inventory clerks is an interesting comment that “maybe quick, cheap and maybe enough is what landlords and agents want and deserve from their inventory reports …….”  This has a hit a chord after a long and protracted conversation with an agent regarding what a landlord really wants from a […]

We own our home in South East London with no debt and are fortunate to own a property in Portugal that we rent out over the summer to supplement our pension.  In 2013 we bought a buy to let flat with a 60% mortgage and following lots of great advice from Property 118 and the […]

What are a landlord’s options if a tenant contravenes the head lease by parking a van? The landlord does not object but the management company does.  What rights does the tenant have? If he wishes to continue to park there is there any protection in Tenancy Law? If he is given notice can he continue […]

From time to time, usually towards the end of a week, I share an occasional story to give you a chuckle. I do this in the hope that you will share them with other landlords you know in order to help us attract new members and increase the shared knowledge pool we are building here […]

I am looking to buy a three bedroom buy to let property in Swindon, Wiltshire and was wondering whether it will be more beneficial for me to rent the house as a whole or to rent out the rooms individually?  The house has three double bedrooms, two reception rooms, a large kitchen and bathroom. I […]

When I first heard that The Mortgage Works were offering a 2.39% buy to let mortgage rates I thought to myself; “yeah, yeah, yeah … here we go again … more headline rates for brokers to hook in more newbies”  Sure enough it comes with a 2.5% arrangement fee, it’s restricted to 60% LTV and […]

I recently wrote to my local council (Herefordshire) requesting a list of the empty properties listed on their books.  I had read the Council Strategy document regarding the need to bring empty/unused and deteriorating properties back in to use as a useful housing resource. Within the document there are plenty of ways of reporting such […]

Leverage is a topic that I spend a great deal of time thinking about. In my humble opinion a lot of writers/’gurus’ that are incredibly well respected pay little attention to how much leverage one should take on. Of course the real answer to this question is very specific depending on ones individual circumstances but […]

The National Landlords Association (NLA) has expressed concerns over the Scottish Government’s consultation on tenancy reform. This is the first in-depth look at tenancy legislation for 25 years. The NLA is concerned that if implemented as proposed, there is a significant risk of undermining the private rented sector (PRS), and of exacerbating the housing crisis […]

** Editors Note – HIGHLY RECOMMENDED DISCUSSION THREAD ** At retirement, what is the best financial strategy to draw income, and why?   Continue to remortgage to release tax free equity? ( bearing in mind age restrictions by lenders and fees at each remortgage stage ) Reduce overall debt by sales and paying down, in […]

I have recently signed for a property (completing next week), and the estate agent (with whom I have had a long business relationship) indicated that the previous owners would be interested in renting it back from me.  I must point out that the property was a repossessed house and therefore sold by the bank as […]

The Bank of England, under its Prudential Regulation Authority (PRA), has proposed that by July 2015 a maximum of £1million in savings with an individual bank will be protected for a term of six months. This is of particular interest to property investors and developers who may have large sums deposited for short periods of […]

My partner and I moved into a privately rented flat 2 months ago. We really get on with our landlady and are good tenants. The property is always spotless, bills are always paid on time and we really do look after our home.  When we moved, we were asked by the letting agent if we […]

I have new tenants and am trying to help them recover their deposit from their previous tenancy. The tenancy agreement clearly states that the deposit of £425 is to be paid in to the DPS. The agent has not done this – the DPS have confirmed this. I know that ultimately it is the landlord’s […]

I intend to team up with a friend to purchase a 5 bedroom house for £400K because each of us have a budget of £200K for a house which is not available any more. Our intention is to split the house into two after purchase but my concern is that with this explanation of our […]

We bought a flat (to let out) in 2012 and for 6 months our solicitors could not get hold of the freeholder, so finally gave up and declared them “uncontactable”. Early in 2013 the freeholder resurfaced claiming ground rent, building insurance and money for emergency works 6 back to 2007, just by sending a letter […]

I am in a process of purchasing an ex-council property with aim to rent it out as multi-let. The vendor purchased this property from Council about 14 years ago.  The TP1 document received from solicitor shows the following clause in the Third Schedule “Not carry out any trade business or profession in or upon the […]

After being concerned about Universal Credit “UC”, I have just spent nine weeks going back and forth with housing benefit and the UC helpline What a nightmare!  When you phone the UC the message at beginning is blunt – “if you are not the tenant or their appointed representative we cannot speak to you.” Obviously […]