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 […]

The other day a professional letting agent told me that if more than four people sharing a house are joint tenants on a single AST, the tenants after the fourth named person are not legally obliged to pay the rent! e.g. 6 people on the AST, this would apply to the people named 5th and […]

After emailing our agent for months to fix issue in the flat, they have replied and it will be fixed and added at the end of their email to ask if we did receive the section 21. I have never been advised that we were been evicted and the section has never been received. I […]

I’m currently being bombarded with student accommodation investment opportunities.  Do they deliver the guaranteed returns promised and what risks come with the investment. Have heard of developers in this market leaving investors out of pocket, what safeguard are there. How many of you out there are already investing in student accommodation? Mike

Dear readers, I am a current tenant who is settling to terminate a 6 month contract with the landlord due to the property’s unsuitable conditions for myself. I have found a replacement tenant and will surrender my tenancy once the landlord approves the new tenant. I am aware there will be deductions made from my […]

If you have obtained a CCJ against your tenant for rent arrears (either online or via your local county court) and they still haven’t paid, you can use High Court Enforcement Officers “HCEO’s” to enforce it.  This is done by transferring the County Court judgment up to the High Court for enforcement under a writ […]

Probably a straightforward question about rent reviews when a property is let under the usual AST: 1. If the tenancy has moved into “periodic” mode after the initial lease period, is it possible to undertake a rent review without instigating a new lease? 2. When writing a new lease, is it possible to write in […]

I own a 2 bed end of terrace house in south-east London, which in my opinion is ripe to convert into a HMO. The property currently achieves a gross rental yield ~7% with a single dwelling occupier but having spent a great deal of time researching local demand I think with a substantial investment (loft/side […]

Just in the process of buying a property where the tenant wishes to stay on.  The current agent has less than favourable terms so am wondering how easy it is to get the tenants current deposit moved to a new deposit scheme of my choice. With regards to the AST I am not so worried about, […]