35% net returns assured over five years in Savills’ 2014 top investment hotspot with the new Vita student development in Westgate, Newcastle. The area is reported to have the largest supply-demand gap in the UK with 1 bed to 5 students. The second highest rental premium anywhere in the UK and an annual rental increase […]

Quite interested to see on last night’s programme that a woman was evicted suddenly by High Court enforcement officers. They said, had the eviction gone through the normal court it would have taken six weeks but if you decided to refer it to the High Court they will do it within 24 hours!  Does anyone […]

I’m a landlord with 10 mortgages that I’ve had over the last 10 years or so, plus I also work full time.  My question is; I have recently changed jobs and my income has changed, do I need to inform my buy to let lenders of my change in circumstances? I suspect I probably don’t, […]

Please could someone advice at your earliest convenience what the above phrase means?  Initially I was in a 6 months contract with house agency. I started living in the house from 1st of the month. However after two lots of 6 months completed, I opted for a month to month contract. I would like to […]

Tenant signed an AST on 11th May 2014 and was handed a Section 21 on 27th may 2014. She has been nothing but trouble, I did the council a favour by taking this girl on when she was homeless and 8 months pregnant.  Since then her boyfriend has broken into the property grabbed the child […]

More and more sales are being conducted by what is termed “Modern Method of Auction”. It is sold as a buyer friendly method of purchase but from what I can see, a non refundable reservation fee of 3.5% subject to a minimum of £5,000 plus VAT needs to be placed which then “secures” the transaction […]

It would seem HMRC has started to crosscheck declared rental income, in bulk, via letting agents. It does seem a little strange as those most likely not to declare on tax returns are unlikely to use a reputable letting agent. I’ve had a rental property for 8 years & this is the first time I […]

It is with great interest that landlords have explored student property investing but the the drawbacks of lack of leverage and future resale market have remained unanswered until now! A student Freehold House with 11pct return on equity invested with mortgage finance is available in the top ranked city of Durham. We are delighted to […]

I am an owner of a flat in a block of 18. I am also one of four Directors making up the Management Committee.  We have one owner who constantly has to be chased for their annual service charge. This is time consuming and occasionally the bank account has to be topped up to prevent […]

I currently have this situation:  Two properties, both on homeowner mortgages Property A : Purchased Dec 2010 Was my sole residence until DEC 2012 when I let it out Purchased for £90k Now worth £135k Property B: My current residence Purchased April 2014 Purchased for £142K 90% LTV Now in around 6 months time, Id […]

My mother and I own a house which is mortgage free which we let out.  We’d now like to take some re-mortgage with a buy to let mortgage. I thought this would be relatively simple, but how wrong could I be. I’m 44 employed with my own property and my mother is retired and 75. […]

On the advice of my accountant about four years ago, I (they) set up a limited company for me to run my own portfolio of around 55 properties through.  With interest rates at an all-time low, cash flow is very positive so the Ltd Company sounded good to lower mine and my wife’s own tax […]

I have been a Landlord for many years and have accordingly seen many changes in legislation and impositions placed on Landlords, many for the better and some questionable. Along with such changes is the guidance and advice being given to Tenants by the various bodies such as Citizens Advice, Shelter, Homelessness Departments of Councils etc, […]

We have 2 properties on joint mortgage. One of them is Residential mortgage (Property A) and other on Buy-to Let (Property B). We were out of the country between August 2010-April 2013. During this period, I was renting out both the properties without changing the mortgages. We moved back to UK last year in April […]

Can someone give me some urgent advice?   My son and his two friends are moving into a shared flat today on an assured short hold tenancy basis. It is 3 bedroomed and two of the bedrooms are absolutely fine. The third however, has one completely wet to touch wall and mould – where does […]

Hazel de Kloe is a highly respected UK Property Mentor and Coach, the only one I have ever approved as a Property118 sponsor. She has been building her portfolio since 2001 and has worked with over 150 personal clients over the last 6 years to build reliable and profitable property businesses.  Hazel is known for her […]

I’m at the point of making a life changing decision, for the past 5 years I have managed to live quite comfortably off the rental income from a portfolio of 12 properties. I was fortunate enough to take out lifetime tracker mortgages and have benefited greatly from the exceptionally low Bank of England base rate. […]

After a year long battle, I have recently evicted a tenant and am in the process of repairing the damage to the property by the previous tenant in order to re-let. There are a number of letters still being received at the property addressed to the previous tenant which give a strong indication of possibly […]

I am thinking of using an answering service for my property business.  Someone gave me this advice for a variety of reasons such as giving a professional image, never missing a phone call and screening calls. I have done some research and come up with quite a number of options. I believe there are people on […]

My previous letting agent did not make me aware I needed an HMO licence on a property which they subsequently rented to 3 people.  It has now been picked up by the new agent and I have applied for a HMO. Am I liable to prosecution? Thanks Gary

I manage the residential letting of 7 properties which I jointly own with my wife and/or brother and/or sister and HMRC can’t decide if I should register as a Self Employed landlord. Currently, I am not registered as Self Employed and normally complete the Property section of my Self Assessment tax return. However, as tax […]