Page 801 – Property118

Our agent in the West Country

5th November 2014

As you will no doubt be aware, the owners of Property118 acquired a 26% share in Letting Supermarket when it was a start up business. It has since flourished and over the coming weeks and months we will be proudly introducing you to some of the team. Kevin Eggleton is the Letting Supermarket agent covering The […]

Evicting Tenants – A sister website to Property118

5th November 2014

We have so much information on Property118 about evicting tenants that we decided to produce a simplified website to consolidate it. We’d like to think our new website looks great on all mobile devices too. Please CLICK HERE to view the new website. I am very much looking forward to reading your feedback, please leave […]

Investing Ltd Co funds in BTL

4th November 2014

I currently own 2 BTL properties which I let out as a private landlord. I also have a consultancy business which is run as a limited company. I am considering purchasing an additional property via the LTD Co as I have a surplus of cash in the company that is not currently earning much interest […]

Buy to Let With No Minimum Income

3rd November 2014

“Is it possible to obtain a buy to let mortgage without proving income?”  This is a question I am asked frequently. Well, there are a number of buy to let lenders in the market whose criteria stipulates no minimum income however this is not quite the same as having no income whatsoever.  Applicants in these […]

Can joint freeholder stop me making reasonable alterations?

3rd November 2014

I own the freehold of a upstairs self contained maisonette and someone else owns the freehold of the downstairs maisonette. Whilst reading my 996 year lease it says that I must get consent from the other freeholder if I wish to make any alterations to my flat. My question is what can I do if […]

Foreign Rental Property – Should I declare them to HMRC ?

3rd November 2014

I wonder if anyone can help by providing some advice regarding foreign rental property? My wife and I currently own 2 rented properties in Australia that have a mortgage against them. We have had them for 7 years and submitting annual taxation returns to the Australian Taxation Office. We are substantially in tax credit and […]

Buy to Let mortgage term expired – How can I get more time to sell?

3rd November 2014

I have a Buy to Let mortgage which has come to the end of its term with the lender and I have now reached retirement age. I have been actively trying to sell the property, but because of the current climate I have so far been unsuccessful. I have now completely re-decorated the property and […]

When does an HMO cease to be an HMO?

3rd November 2014

As I understand it, a HMO is a property that has more than one (unrelated) household within it, where part of the property is shared. As such, this could even be a two bedroomed flat so long as the rooms are let separately (not the whole flat let as a joint tenancy). If this is […]

Persistent Mice in Rental Property – HELP!

3rd November 2014

I own a one floor, one bed flat in a matrix of flats across three large victorian houses. My tenant (who has been living in the flat for 10 years) is experiencing frequent and persistent prescence of mice which, so far, Apest (pest controllers) have been unable to extinguish. I have spent thousands of pounds […]

Which room would you choose? Furniture packs cover their costs

3rd November 2014

Furniture packs can make a real difference to any property, but they could also save you more than they cost and in effect pay for themselves. How much is you time worth? £10 per hour, £20 per hour or even £50 per hour or maybe more? Example, if you lived around a 30 minute drive […]

Sole Estate Agent Agreement

3rd November 2014

I signed a Sole Agent Agreement (3 months) to sell one of my houses, the problem is after 2 months they had only 2 viewings.  I was persuaded by another agent against my better judgement to sign up with them as well. They convinced me by saying as long as the house sale wasn’t completed […]

Damage to tenant’s possessions

3rd November 2014

Our tenant has informed us today that her £500 pram has been destroyed beyond repair due to a collapsed kitchen ceiling and she wants to claim the full amount from us. In a nutshell, I would like to know if we are liable please. Any advice gratefully received.  To give a bit of background, 2 […]

Overbooked! So we’re running another

31st October 2014

The workshop for Property 118 members was so popular that it SOLD OUT. Don’t worry though, we have booked another and this time we’ve made the booking process even more simple. Hazel de Kloe is a highly respected UK Property Mentor and Coach, the only one I have ever approved as a Property118 sponsor. She […]

Revenge Eviction or was the landlord right?

31st October 2014

Please take a close look at this picture in Shelter’s latest propaganda (below). Have a look at the walls and the blinds! Would you live like this? Clearly this mother has very little self respect and hasn’t touched any cleaning products for years. Was the property like this when she moved in? If so why […]

Is your MP a landlords champion?

30th October 2014

With the 2015 elections coming up in six months time it’s time for landlords to start lobbying their MP’s. We need them to realise that over 1 million UK based landlords have a voice and have needs.  I am urging all landlords to write to their MP with a letter similar to my own (see […]

How to follow discussions without commenting

30th October 2014

At the bottom of every article published on Property118, and just above comments, you will see this box  It’s self explanatory really once you know it’s there 🙂 If you complete these steps you will receive an email notification whenever a person adds a new comment. At the bottom of these notification emails there is […]

What furnishings are required for an HMO

30th October 2014

I have just purchased my first property for use as an HMO. It will be 4 person/4 room and a common area in the form of a kitchen/dining room. My question is what is required/expected for me to provide extra to items such as beds wardrobes and table chairs and sofas in the communal areas? […]

Can I operate tenants bank account for them with permission?

30th October 2014

As some of you know, I’m pretty experienced in Housing Benefit …. well I think I am! ha ha. The letter below basically explains my question to you all, as I was gonna’ ring the bank, but the robots in India won’t have a clue. And then I thought Property118.com – There’s usually always someone […]