Page 789 – Property118

Landlord action to appear on BBC One programme Inside Out

11th August 2014

I carried out some filming with BBC One’s Inside Out programme on Friday. After setting off early and getting stuck on the dreaded M25, I eventually arrived in Orpington to meet my landlord Brian at his property, where an eviction with the county court bailiff was due to take place. Incidentally, two days earlier, the […]

Property118’s own Buy to Let Mortgage sourcing system and calculator

11th August 2014

I regularly update the products on our own in house Buy to Let Mortgage sourcing system and calculator. This takes quite a bit of time, but it is definitely worth it is worth reminding readers what it can do as it is our own in house design specifically based around the needs of property investors. […]

Reduction in Capital Gains by transferring to spouse

11th August 2014

My wife has a mortgaged flat solely in her name which we are looking to sell which would have a capital gain of approx £25,000 after costs. I know it has been discussed on here previously about adding a spouse (me) to the deeds on the day of sale to reduce the CGT. However, when I mentioned […]

Communication issues to landlord via agent

11th August 2014

Is it possible to ask the letting agents/landlord for all the information they hold on you through the freedom of information act? I rent of a letting agents but I’m suspicious they are not contacting my landlord about things I’ve asked about (basic maintenance) which has been going on for ages, and now, a tenant […]

Tenant wanting to sub-let

11th August 2014

Since 2009 I have let a flat that was my mother’s through a letting agent. The agent is very inactive and I was thinking of closing that contract and managing it myself. I already arrange all repairs etc myself. There have been no rent increases since the tenant moved in and I’m contributing to a […]

Who benefits from evicted tenants upgrades?

11th August 2014

I would be grateful if you could help me. I have just evicted a housing benefit tenant over a protracted eviction process; she had been renting from me since 2011. She owes approximately £5,000 in rent – I had told her that she was welcome to stay as long as she likes and as long […]

Specialist Legal Advice When You Need It Most

8th August 2014

Just suppose you could speak directly to a qualified barrister whenever you have a legal issue for £100 a month – would you be interested? A Direct Access Barrister gets straight to the heart of your legal matter. For more information please click on the banner below .

Council Tax Responsibility on periodic tenancy?

8th August 2014

I received this from Leeds City Council in relation to a tenant who had done a runner. I am disputing being liable for one months council tax. Here’s what they said …… Council Tax law states that on a periodic tenancy an occupier may only be held liable for the Council Tax charge until they […]

Risks of accepting 12 months Rental Payment Upfront?

8th August 2014

I would really appreciate advice from other landlords.  The letting agents who have carried out a tenant find for me on a number of occasions have found tenants who want to sign a 12 month AST. They are also wish to provide the full 12 months rent at the start of the tenancy! Should I […]

Tenant wants her boyfriend to move in

7th August 2014

I have a good tenant on a 6 month AST expiring mid October 2014.  She has asked if her boyfriend can move in. Apart from reference him and draw up another 6 month AST with his name added, is there anything else I need to do? He’s a self employed decorator and will provide 5 […]

What are the quiet times of year to get tenants?

7th August 2014

I have a small HMO which I only let rooms to professional/working tenants. Just recently the enquiries to my ads have dried up. I find this strange because the location is nice and central and the rooms are priced competitively. The house is in good order and has recently been redecorated with all new appliances […]

5 Killer Questions to Choose a Letting Agent

6th August 2014

I am keen to hone the “Killer Questions” that we can advise landlords to ask when choosing a Letting Agent. I have five as a starter, but if any of you have others that you would rate in the top five please let me know!!  What is your average void period across your managed portfolio? […]

Flat Purchase with Possessory Title?

6th August 2014

My wife and I are looking to purchase a flat where the owners, who have lived there for c.25 years have managed to lose the deeds and also never registered the deeds with Land Registry.  Since our offer was accepted in April they have been working to prove that they legally own the flat, but […]

Protecting someone else’s deposit?

6th August 2014

Good Day All.  I have several deposits lodged with the DPS. My girlfriend is about to rent out her flat, and although her name will be on the AST, she will receive rent and be the landlord from the legal standpoint, it makes sense for me to be the acting landlord in terms of actually […]

9% to 11% Returns in Rotherham

6th August 2014

Exclusive UK Buy to Let investment with 9-11% Net Returns for 5 Years in Rotherham. FREE and fully managed investment with returns in just 8 weeks highlighting: 5 year leaseback agreement Rent return in just 8 weeks 9-11% assured net returns pa Fully furnished throughout 20% below the market valuation 140% contracted buy back option […]

Manchester Grade II listed Buy to Let investments with 7% net rental

6th August 2014

Fallowfield House is a Grade II Listed Building containing Buy to Let studios and one bed flats offering an assured 7% net rental income for the first year. Considered the original student hub in Manchester, Fallowfield is the perfect location for students, graduates and young professionals alike. This development is ideally located to attract strong […]

Landlords benevolence has backfired – please HELP!

6th August 2014

I allowed a homeless couple with no children, I knew, to move into my second home, they were evicted for non payment of rent, but as I knew them I took a pity on them as they came to seek my help and had tears in their eyes, so as a fool I offered to […]

Letting agent insurance

6th August 2014

Recently I have set up a limited company as advised by my accountants to front my rental business. Basically we own properties personally, which are rented out through the company.  The houses themselves are insured by me as an individual, hence I only need insurance to cover the company operation. On searching for insurance I […]

Newbie to Self-Management

6th August 2014

Apologies, I’m sure that this gets discussed a lot, but, is there anywhere online or book based that can give me an idiots guid to mangement in terms of tenants in my properties?  I have decided to drop the management aspect of the letting agency and wish to not fall foul of any dos and […]

Rent payment frequency for international students

5th August 2014

The letting agent I use to manage an HMO for me has proposed a new set of tenants for the upcoming academic year. They are a group of International Students. They have suggested a 4 month advanced payment schedule with pay dates falling at the start and two other intermediate dates. Is this okay for […]

Joint Tenancy and effect on Housing Benefit

5th August 2014

We have a sale and rent back property owned for 6 years and 10 months now. Current tenants have been in occupancy since outset and are mother and son who is now aged 24 (father was also a named tenant at outset but died within 2 years). Both mother & son are named on the […]