My daughter, who rents a flat, has just presented us with a form to witness for her in relation to the flat. It would appear that the flat in question is actually owned by a local community housing company who in turn is leasing it on too her landlord.  She has been asked to sign […]

I recently sold a BTL which whilst it generated good net profit when occupied (mainly due to low tracker rate mortgage), was always a problem property. Tenants not paying, wrecking the property, I suppose we all have them. So I decided to let go. The property had an 85% mortgage on it with BMS and […]

Once we have exchanged contracts are there any feasible reasons why we won’t then complete the sale of our house? When sold I intend to move in to rented accommodation. I have found a place I like but can’t commit until the sale of my house is confirmed. Therefore what I am really asking is, […]

I wondered if you could give me your thoughts on my situation although I have only 2 properties!  BTL was bought 1987 for £82k now worth £450k it was my principal private residence (PPR)until 2000. £90K mortgage due to be repaid in full 2025 – variable rate 2% currently producing £16,200 PA rent My PPR […]

Does anyone have any advice for a woman soon to be divorced.   I may get a dozen properties from our portfolio, there’s no money in the bank, I have virtually no pension and I have 2 teenage children to support. All comments gratefully received!! Thanks Mary

I know it’s difficult to predict the future of the housing market with any certainty but I’d still like to know your opinion, do you think the prices of flats in London about to fall and if so how is this affecting you buying strategy?  Thanks James  

Hello All, I will soon have to complete a Tax Return I believe as I now rent out a Property. I bought the house 12 years ago and lived in it until October last year. I had been Mortgage free for 2 years. I actually had no intention of moving at all, but a house […]

Our tenant had signed a 12 month contract until April 2015.  We rent out our house through an estate agents however due to my husband being a builder he maintains the property. Our tenant always let us know if something needed doing. One of the bedrooms started showing damp so he sorted what we believed […]

Posted in a discussion thread for inventory clerks is an interesting comment that “maybe quick, cheap and maybe enough is what landlords and agents want and deserve from their inventory reports …….”  This has a hit a chord after a long and protracted conversation with an agent regarding what a landlord really wants from a […]

We own our home in South East London with no debt and are fortunate to own a property in Portugal that we rent out over the summer to supplement our pension.  In 2013 we bought a buy to let flat with a 60% mortgage and following lots of great advice from Property 118 and the […]

What are a landlord’s options if a tenant contravenes the head lease by parking a van? The landlord does not object but the management company does.  What rights does the tenant have? If he wishes to continue to park there is there any protection in Tenancy Law? If he is given notice can he continue […]

From time to time, usually towards the end of a week, I share an occasional story to give you a chuckle. I do this in the hope that you will share them with other landlords you know in order to help us attract new members and increase the shared knowledge pool we are building here […]

I am looking to buy a three bedroom buy to let property in Swindon, Wiltshire and was wondering whether it will be more beneficial for me to rent the house as a whole or to rent out the rooms individually?  The house has three double bedrooms, two reception rooms, a large kitchen and bathroom. I […]

When I first heard that The Mortgage Works were offering a 2.39% buy to let mortgage rates I thought to myself; “yeah, yeah, yeah … here we go again … more headline rates for brokers to hook in more newbies”  Sure enough it comes with a 2.5% arrangement fee, it’s restricted to 60% LTV and […]

I recently wrote to my local council (Herefordshire) requesting a list of the empty properties listed on their books.  I had read the Council Strategy document regarding the need to bring empty/unused and deteriorating properties back in to use as a useful housing resource. Within the document there are plenty of ways of reporting such […]

Leverage is a topic that I spend a great deal of time thinking about. In my humble opinion a lot of writers/’gurus’ that are incredibly well respected pay little attention to how much leverage one should take on. Of course the real answer to this question is very specific depending on ones individual circumstances but […]

The National Landlords Association (NLA) has expressed concerns over the Scottish Government’s consultation on tenancy reform. This is the first in-depth look at tenancy legislation for 25 years. The NLA is concerned that if implemented as proposed, there is a significant risk of undermining the private rented sector (PRS), and of exacerbating the housing crisis […]

** Editors Note – HIGHLY RECOMMENDED DISCUSSION THREAD ** At retirement, what is the best financial strategy to draw income, and why?   Continue to remortgage to release tax free equity? ( bearing in mind age restrictions by lenders and fees at each remortgage stage ) Reduce overall debt by sales and paying down, in […]

I have recently signed for a property (completing next week), and the estate agent (with whom I have had a long business relationship) indicated that the previous owners would be interested in renting it back from me.  I must point out that the property was a repossessed house and therefore sold by the bank as […]

The Bank of England, under its Prudential Regulation Authority (PRA), has proposed that by July 2015 a maximum of £1million in savings with an individual bank will be protected for a term of six months. This is of particular interest to property investors and developers who may have large sums deposited for short periods of […]

My partner and I moved into a privately rented flat 2 months ago. We really get on with our landlady and are good tenants. The property is always spotless, bills are always paid on time and we really do look after our home.  When we moved, we were asked by the letting agent if we […]