Hi there, I have a B2L property that I bought 9 years ago for £250k and I’ve rented it out from day one. I have never lived there so I cant claim PPR or lettings relief.  I’ve now got a buyer for the property at £325k so even after I deduct £10k buying and selling […]

Hi We are in the process of buying a brand new property with Redrow. Looking into the conditions of the lease it has been specified that the Ground Rent will start at £400 per year increasing to double at year 10 and consecutively doubling every 10 years for 5 consecutive times.  We are a bit […]

Landlord Action has lambasted Government plans to increase court fees as “extortionate”.  The planned changes will take effect from 22nd April 2014, where fees for possession claims will see one of the largest increases at 60%, and could spark a stampede of possession cases in the next two weeks from landlords trying to beat the […]

Hello All, I am hoping to tap into your wealth of experience here. I am helping a physically ill person sell a property. The tenant has stopped paying rent and refuses to move out, even though exchange of contracts is very close.  The tenants panicked when the mortgage lender instructed Court bailiffs to evict them […]

I am very new to this. I am negotiating a rent review and my tenants agent says that as the occupation of the flat above the shop is restricted to the shop trader there is a convention in such circumstances that the rent attributable to this part of the accommodation under the principle lease should […]

I have just had my tenants move out of the property during a 2 month section 21 notice I served on them. It was due to expire on 3rd June. The tenancy ended on 3rd April, but they contacted me only 5 days before they decided to move out saying they would be going on […]

My tenant signed surrender notice on 7th march and agreed to vacate on 31st March. They say they wont leave now until 31st April. They are two months behind with the rent. Can I now evict them or will I have to go down section 8 route. Thanks in advance for your replies Regards Daniel […]

I became a landlord about 10 years ago, as a pension investment. At that time, returns in my local area were relatively poor. I bought in an area that had 8-8.5% returns and had my properties managed locally. I am a Chartered Surveyor with significant property management experience, so I believed that I came into […]

Recently named one of the ‘Top 3 cities to visit worldwide’, Liverpool Buy to Let property is a hot topic. Offering some of the highest yields in the country for Buy to Let investors, the city is the ideal location for both young professionals and students alike. The Courtyard at X1 The Quarter is a […]

The first question that investors ask about student property is always “How easy is it to sell?”. The typical yields of between 8% and 9% remain attractive but it is the exit strategy that has held people back. Those worries have been completely resolved with a city centre development with residential planning. Now investors can […]

Last Year Zoopla named Glasgow the highest yielding region for student Buy to Let investment. Clyde House is a Boutique style student Buy to Let development in Glasgow  with only 21 units left for sale at prices starting from £57,500. The Development is within walking distance to Glasgow Universities creating demand from over 45,000 students […]

I am in favour of new regulations which could help to save lives but I don’t understand why only the lives of tenants seem to matter in the eyes of the law. I don’t have gas at home but I do have electricity (yes even in mid Norfolk LOL) and I also have an electrical […]

Precise Mortgages have launched a limited Edition Buy to Let product range that is topping the Trigold mortgage searches at the moment. Trigold is a whole of market mortgage search engine used under license by mortgage brokers and IFAs. It is recognised by the FCA as part of the regulated mortgage process to justify products […]

In 2010 the Skipton Building Society broke a promise to over 60,000 mortgage account holders.  The basis of that promise was that their mortgage rate would never exceed 3% over the Bank of England base rate – it did – CONSIDERABLY! The hike in monthly payments for a person with a £150,000 interest only mortgage […]

How many landlords have the time or the inclination to read their building insurance policies from start to finish? The special clause that has recently appeared in two of my policies is the requirement to have the property electrics checked & certified every three years. This is not a legal requirement, but if missed a […]

[display_iframe src=”https://www.property118.com/wp-content/uploads/2014/04/KKI-residential-Student.html” height=”1490″] The UK Buy to Let market is booming once more. Regional cities like Manchester are recording average rental yields of 7.6% and construction rates are soaring across the board, making this a prime time to invest in a buy-to-let property. Having launched over 20 developments into the UK market and sold over […]

Hi there, I am looking for some advice as this is a situation I have never come across before, and not sure how to take this forward. I am an inventory clerk and I carried out an inventory and check in last week. The landlord paid for a full tenancy clean but at the time […]

Hi all, I’m currently looking into Buy-to-Let or development properties and I would love some advice on a “what would you do” basis. I recently sold my business and have around £200k to invest in property development or buy to let. At the moment I do not have another income (apart from savings) and I […]

I have my own business, my registered business address is separate to my home flat address but I send my items out by courier to my customers from my flat address each morning, is this ok ? The tenancy agreement says I can’t run a business from my home address but I don’t think I […]

As they say, the old ones are the best! I’m sharing these as a light hearted end to a very busy and stressful week. They are all extracts of genuine complaint letters to landlords, councils, housing associations and letting agents. Enjoy! 1. It’s the dogs mess that I find hard to swallow. 2. I want […]

I think Shelter ought to try building some bridges with landlords. Shelter only usually get to hear about bad landlords and that’s not healthy for their perspective. Their constant drum bashing about “rogue landlords” doesn’t do Shelter many favours in terms of the perceptions of GOOD Landlords towards Shelter either. If I was in charge […]