I recommend all my tenants to buy contents insurance, and in this article I will explain why and where from. From your tenants perspective it’s a good idea if their deposit is important to them, and I have yet to find a tenant who doesn’t care about money! One glass of spilled red wine, a […]

I am 30 years old and looking to lay the foundations now to better myself in years to come. I currently own a house that I am renovating and when finished will be worth roughly £210k. I owe £80k on the mortgage. I bought my first house back in 2009 for £94k with a mortgage […]

From today, the Government has launched a new service which enables landlords to start the process of evicting tenants using the Section 21 accelerated possession claims online. This was an idea which was first put forward by Landlord Action, as part of our role on a Government Think Tank to help speed up evictions. It […]

Milton Keynes Private Landlords Association (MKPLA) is proud to announce that, during a meeting on 10 November, the Council’s Cabinet voted unanimously NOT to extend licensing of shared housing to smaller properties that are not currently within the scope of mandatory licensing established by the Housing Act 2004. MKPLA Chairman Alex Caravello said ……… “It’s […]

Home Secretary Theresa May has met with a tenancy referencing firm to hear concerns on the forthcoming immigration status checks which landlords or their agents will have to carry out.  FCC Paragon asked the minister to revisit the Government’s proposals ahead of its ‘Right to Rent’ pilot scheme, due to commence in the west midlands […]

With the recent significant increase in the use of High Court enforcement officers evicting residential tenants it has become clear that not all of these evictions have been conducted legally. The potential cost implications for a landlord for incorrectly evicting a tenant can be huge as the claims for damages could not only come from […]

Castle Trust have introduced a new short term Buy to Let product called the Flexible Zero Mortgage, which is designed as an alternative for raising short/medium term finance from 1 to 5 years. The USP (unique selling point) is that there are no monthly payments, because the interest is accumulated and added to the principle […]

I have just bought a house with an existing tenant. The tenancy was for a fixed term of 1 year beginning on 13 February 2013, and so the tenant has been holding over since February this year. The original landlord served a s21(1)(b) at the start of the tenancy.  I am wondering if I can […]

Just received a letter from the council saying they have been informed that the house I let out is in a state of disrepair and will need to be inspected. The tenants have just recently received an order to vacate using section 21. The tenants signed a form stating they had inspected the property and […]

Im new to the BTL business and I’ve found a  back to Back terrace with a loft conversion at a very good price. I’m pretty certain the loft conversion doesn’t meet the regs as you have to come up more of a ladder than stairs. The room itself has 2 velux windows in and is done […]

I’m looking for a like minded individual who, like me, wants to buy properties at Auction in the area where I live – Brighton  I’ve up to £100k cash, not enough to buy something outright but my plan is to buy at Auction, do it up and sell it on the open market within a […]

Hi All I’m a landlord because I doubt that a pension alone will feed me in my dotage…  Anyhow…I generally know what I want to do and how, but the next decisions I make could be critical and I feel that some wiser heads than mine could be very useful. I may need to review […]

Sheffield City Enterprise Zone is set to double in size. Sheffield Chamber of commerce has helped 140 businesses with funding support. Investment in job creation is having positive spin offs for property investors. Companies such as Finch insurance brokers and XLN which supplies services such as phones, internet and energy to small businesses, chose to […]

I am in early talks with a large Home builder. They will be putting up 350 units in a town where I currently have 3 properties. I like the town and I like the idea of a new build. I’m looking to buy 1 or 2 three bedroom houses from them. It was suggested by […]

Some time ago my tenants asked if I would allow pets in the house.  At the time I agreed but now I would like to advise them that pets are no longer allowed in the property. Am I able to do this, and can I simply send them a letter stating this. Thanks Hendry

I have tenants who left on a sect 21 owing 2 months rent, they had a rent guarantor who I have approached regarding this who has said that she signed this with a letting agent that we no longer use so is not liable. The tenant had been in the property for 18 months so […]

I am aware that it isn’t easy to sell a house within 6 months of purchase, but speaking to my solicitor the other day it would appear to be nigh on impossible. She seemed to think most lenders would reject any application without even looking at it if the property hadn’t previously been owned for […]

As non-professional Directors of freehold property management company, we accepted a condition of our purchase that we use “reasonable endeavours” to recover outstanding service charge debts on behalf of the administrators.  The outstanding debt remains with a professional leaseholder who countered this by taking us to the LVT for over-payment of service charges. On two […]

Media City in Salford Quays is currently the largest residential Buy to Let scheme in the North West with assured 6% Net rental incomes. There are 1,036 luxury apartments split into four 26 story developments in the heart of Media City the home for BBC and ITV. With spectacular views over the city and Media […]

Hello everyone! I am renting my apartment through an estate agent but have never met him, I only knew his name! Today he called me saying that his apartment belongs to a housing association!  I pay the full amount of rent, have never seen the landlord and today he said the council wanted to speak […]

Firstly, I’ve just joined and I love this site – So much interesting stuff. I was wondering if anyone would like to comment about my proposed business structure. My aim is to set up a business buying, renovating and selling properties, one or two at a time. I haven’t yet had professional advice, but I […]