If I rent a property out for two/three years- and in year one had losses of say £30,000- ( due to repair work) – and each year the loss goes down – if I sell the property- what happens to the losses?  Would it be better to treat some of the building work as capital […]

I’m relatively new to property investing, having become an accidental landlord 6 months after buying my first property in 2006. I now have 3 properties, the last of which was the first purpose bought investment (#2 was my wifes flat which we’ve kept).  I am very goal driven, so I’ve had a go at forecasting […]

I am an owner of several properties. In the past I have worked for a small organisation supporting persons with mental ill health in my own and my company’s private accommodation. In 2012 it was decided that we would cease our contract with local government because of increasing paperwork and returns and reduction in contract […]

My wife and I have 3 properties in Malta which we rent out – we’ve recently had a baby, and are not sure what to do next in order to position ourselves best for the future.  At the moment, we live in the UK, but may move to Malta at some point (say within the […]

Since Landlord Action started in 1999, which incidentally is also the year the Section 21 accelerated procedure was introduced, we have never had so many instructions from landlords and letting agents wishing to proceed to court to obtain possession orders under Section 21. Last year, there were 34,080 claims issued under the section 21 accelerated […]

One of my tenants had her/my house damaged when her recent ex partner (father of her child and on the tenancy up until May 2014) broke in recently. The police were called and they boarded up the house.  I have received a bill from the police for this, do I pay or does the tenant […]

I’m sure this simple question will attract many answers – some useful, many humorous!  I’ve heard about no money down deals, lease options and similar …. I’ve also read these are a con!!! So what is the truth? Your opinion / input will be welcome. Kind regards Mark With ZERO capital, how can a newbie […]

The 2013/14 accounts for West Bromwich Building Society show that they appear to have turned a corner and are back into profit.  Or do they? Perhaps that corner is a roundabout! Profits of £2.1 million were declared and their Chief Executive got a very nice thank you in the form of a whopping £134,000 bonus. […]

Within the last month I became a landlord for the first time. I’ve had little or no communication from the letting agency since a verbal agreement to put the property with them and had to chase them for the move in date for the tenants. Their communication is terrible and has resulted in crossed words […]

Hello Although new to this forum I’m experienced in property and am now looking to extend my network and knowledge.  I’m currently working on the Rent 2 Rent strategy with a view to longer term investment such as a purchase option. My question is: do you know of people finding R2R opportunities in the South […]

I have recently purchased a bungalow. Originally there was a house with an enormous garden, and about fifty years ago a bungalow was built halfway down the garden, accessed by a narrow drive between the houses about 30m long. This was recently acquired by a developer who extended the bungalow and divided it into two […]

Hi folks  Just need a bit of advice please. It’s a long story so please do bear with me. I rent a bedsit in a converted house and have been there about 3 years, no dramas or issues. My bedsit was broken into on Wednesday 15th Oct 2014 by bailiffs looking for an electricity meter […]

I have six rental properties, three in the UK and one each in Australia, France and Spain, producing a net income of around £40,000. Does anyone know if there would be any tax advantages by setting up a company to operate these?  Regards Robert

I’ve had a lot of problems with my electrician who was refusing to provide an invoice for the entire work ( labour + materials). I paid a deposit of £400, which he used to buy all the materials (smoke alarms, fuse box etc), which he never wanted to invoice for. Because I refused to pay […]

I’ve had a tenant for the last two years on a yearly tenancy. I have just issued another tenancy for another year because I have always felt more secure issuing a new tenancy every year. However the tenant has asked for a rolling tenancy.   Firstly, what are the implications of putting in a rolling […]

I’m a leaseholder of a flat in a redbrick Victorian mansion block of six flats in London W6.  My management company has just started section 20 process for “renovation works” and after a short chat with appointed surveyor the costs are estimated to be £48,000 (£8k per flat for renovation works to include front and […]

Currently UK mortgage borrowers are unable to complete on their house purchases as the Bank of England have found a routine maintenance problems that affects CHAPS (Clearing House Automated Payment System) payments. Managing director of CHAPS, Phil Kenworthy said: “CHAPS is currently unable to process payments. This is due to the Bank of England temporarily […]

In the month of May this year,I received my quarterly gas bills ,which was shocking as it was around 420 pounds for one quarter period. This couldn’t have been caused by my use as I am single occupant, in office 9-5 on weekdays . Anyways, coincidentally at that time boiler check was scheduled and the […]

I have a tenant who hasn’t paid rent for over 6 weeks.  She is a single mother with a child under 4 years old, she rents one room (upstairs) in the house and shares facilities such as the kitchen, bathroom, and downstairs WC. She told me she can’t afford to pay rent as she only […]

Challenger bank, Aldermore Mortgages, entered the bridging finance market this year although they only offered their proposition via one distribution company. Their USP’s include bridging rates from 0.64% but they also allow remortgages within 6 months on to their BTL product up to 80% LTV. Why is this great news for Readers? CASE STUDY EXAMPLES; […]

Hi guys I currently have a mortgage on a London flat which I purchased 9 years. The flat is now worth about £160K – £170K and my outstanding mortgage is just below £100,000.  My lender is Mortgage Express and although I would like to re-mortgage with them to pull out equity from the property I […]