It is no surprise to anyone that has looked into the cost of residential care homes recently that investing in rooms has become attractive for institutional investors. The average yield on care home rooms is over 10% and the prospects for capital appreciation look good. Aviva and Legal & General for example are investing in […]

I’d appreciate any advice regarding the situation I’m in with a tenant of 3 years. She had informed me a few months ago she’d be leaving as she was struggling to afford it any more, which I agreed to despite the fact that her lease ran out in January 2105.  I still had to renew […]

I was in the process of selling a six bed HMO and all the tenants were quite happy to leave. I am rehousing three of them and the other two (one has already left) were looking further afield.  Contracts were due to be exchanged around the second week of September but last Thursday the sale […]

I’m a new landlord (I’m 33), based in Norwich, currently awaiting for my first tenants to move into my property.   I have heard good things about the NLA, RLA and ELA and was wondering if anyone has any opinions on which if any are worth joining? I would like to do one of the […]

We have numerous properties that we successfully rent, and have done this for many years, but one of the properties, which was for many years our family home, has a mortgage which has only a few years remaining. It is a beautiful detached chalet bungalow, 4/5 bedrooms, 2 bathrooms, set in a beautiful cobbled village […]

I have a plumbing contractor who took money up front as a deposit to buy materials for a renovation and never finished the job or actually bought the materials!  I have asked for £1,000 of the £2,000 he took from me and he agreed via text to pay the very next day (don’t worry I […]

What are the advantages/disadvantages of running my HMO expenses and income through my own Limited Company?  The properties would be bought and kept in my own name. Rent-to-Rent properties are handled through the Company, but should my owned properties be too? What if I live in one of my HMO’s (to avoid capital gains tax) […]

This is my first post so please be gentle. I am looking to purchase another BTL property in the town where I live. I already have a one bedroomed flat which I purchased a few months ago and after a small refurbishment have let it out without any trouble what so ever. I carried out […]

This is a very simplistic question from a person with a non-business background.   If a person sells their home (their one and only property in which they live) how much of the profit goes to HMRC? Is it the responsibility of the seller to notify HMRC of the sale or does the solicitor sort […]

I have 2 judgements being paid by my ex tenant. One of the judgements is paid by AOE but the other one is paid by cheque.  The problem I have is that my ex tenant despite being asked a few times and being given my bank details will not pay the judgement into my bank […]

I’m just about to complete on my first BTL and need to give the house a “face lift” before I rent it out, mainly fresh coat of paint, new carpets, some laminate flooring and repair a bathroom ceiling (light skimming).  Is it all revenue expenditure? According to HMRC website a repair of an asset can […]

I have 2 apartments in a small block, I have had a few complaints regarding one of my tenants, it seems that he is using drugs and allowing others access to his apartment who are abusive and threatening to other residents, and his door was kicked in this morning at 4am.  He is 6 months […]

I am a private landlord (only one property which I rented out reluctantly when I relocated). My tenant has been in the house for nearly four years. It started as a one year tenancy which we then mutually extended by a number of one year periods but I must admit I was lax and did […]

I let my 2 bed property to a single tenant. She wanted to take in a lodger in order to help her to afford the bills. I agreed and helped her to find a suitable lodger. My understanding is that the lodger has no rights to remain in the property if the tenant or myself […]

I have 2 existing tenants on an AST let in one of my properties. The tenancy runs on a 12 month contract basis and is due to end on February 6th 2015.   The present tenants are currently 6 weeks behind in their rent and have written to me explaining some temporary money difficulties. However, […]

Does anyone have any recommendations for any software to keep track of property and tenants. i.e. rents, gas checks, maintenance and all things to do with the management of the property.  Thank you Nigel

Tenants budgets feel the pinch in their accommodation costs as rents are rising faster than incomes. Affordable accommodation in the private rental sector is becoming ever more scarce, according to new data from flat and house share website SpareRoom.co.uk, which compares the maximum tenants can afford to spend on accommodation to average room rents. UK […]

With apartments starting at £59,999 Sovereign House is also offering assured NET rental returns of £5107 – £6390. Sovereign House is located in the centre of Sheffield within walking distance of both The University of Sheffield and Sheffield Hallam. The central location caters to all students who want to live in the heart of this […]

My tenant left an unpaid utility bill, the utility account was never in her name but the partner who always paid the bill until he left her. She then left about 3 weeks later by informing me but left the key in my post box (I live next door) when I was not at home, […]

My letting agents **name removed by moderator** have just admitted to me that they deduct 12.5% commission from contractors invoices for repairs that they arrange on my behalf. This came to light as I was questioning why the quotes they get are always much higher than if I arrange the work myself. They claim that […]

A previous tenant left three months into the fixed term six month AST. No notice was given other than a cursory phone call and some texts asking what would happen with their deposit. In good faith I refunded half of the deposit. It seemed pointless to pursue them for outstanding rent and I actually felt […]