I let my 2 bed property to a single tenant. She wanted to take in a lodger in order to help her to afford the bills. I agreed and helped her to find a suitable lodger. My understanding is that the lodger has no rights to remain in the property if the tenant or myself […]

I have 2 existing tenants on an AST let in one of my properties. The tenancy runs on a 12 month contract basis and is due to end on February 6th 2015.   The present tenants are currently 6 weeks behind in their rent and have written to me explaining some temporary money difficulties. However, […]

Does anyone have any recommendations for any software to keep track of property and tenants. i.e. rents, gas checks, maintenance and all things to do with the management of the property.  Thank you Nigel

Tenants budgets feel the pinch in their accommodation costs as rents are rising faster than incomes. Affordable accommodation in the private rental sector is becoming ever more scarce, according to new data from flat and house share website SpareRoom.co.uk, which compares the maximum tenants can afford to spend on accommodation to average room rents. UK […]

With apartments starting at £59,999 Sovereign House is also offering assured NET rental returns of £5107 – £6390. Sovereign House is located in the centre of Sheffield within walking distance of both The University of Sheffield and Sheffield Hallam. The central location caters to all students who want to live in the heart of this […]

My tenant left an unpaid utility bill, the utility account was never in her name but the partner who always paid the bill until he left her. She then left about 3 weeks later by informing me but left the key in my post box (I live next door) when I was not at home, […]

My letting agents **name removed by moderator** have just admitted to me that they deduct 12.5% commission from contractors invoices for repairs that they arrange on my behalf. This came to light as I was questioning why the quotes they get are always much higher than if I arrange the work myself. They claim that […]

A previous tenant left three months into the fixed term six month AST. No notice was given other than a cursory phone call and some texts asking what would happen with their deposit. In good faith I refunded half of the deposit. It seemed pointless to pursue them for outstanding rent and I actually felt […]

I am currently in the process of emigrating to Australia (2-3 months until D-day). Rather than sell up, I would like to rent my current property out, just in case things don’t work out and I decide to come back in a couple of years. I have approximately 80% LTV and am currently paying the […]

I have created this property management checklist to document the tasks you will already be doing if you are managing your buy to let properties effectively:- Visiting your property, taking particulars. Setting up a system to store your documentation securely, preferably online so that it can be accessed at any time wherever you are Advertising […]

Dear Members, This is my first post so please be gentle. I am not a landlord myself but write on behalf of my daughter who is a new landlord. She purchased the house next door to us after separating from her first husband. After a while she met somebody else and eventually married her new […]

Firstly, I have to say that I have only been landlord for 3 months but already use this platform every single day to try and figure out my next steps in building my property portfolio and cost savings.  I acquired 2 BTL’s, a 2 bed and a 3 bed house in last 3 months with […]

I have sold my property to my tenant after five years of them renting I used a local estate agent on a letting introduction only on a 12 month contract.  Neither we nor tenant have had any contact from agent ever since. My tenant wants to have their deposit returned which is with the agent. […]

I would like some advice on withholding some of the tenants bond.  This is the first tenant that we have had in the property and they have just come out of their 6month agreement. The tenant has had some sort of large paddling pool covering the lawn and has clearly had it up for quite […]

I recently came across Property 118. Kudos to Mark et al. for creating an amazing resource and community for like mind people! I am what you would consider a newbie in the property investment scene. I am freelance IT consultant living in the UK for the last 15 years. I was lucky enough in 2001 […]

Hi all I have seen a flat for sale in South London, a few stops away from London Bridge, so excellent location. It is advertised at £210,000 – Cash only.  This is an amazing price and based on the rent it would generate, a good solid rental yield. Now my concern is that this flat […]

Currently my wife and I are joint owners of an apartment which our daughter lived in until recently. Now she has moved out we are about to rent it. I am a 40% Tax payer and my wife is a 20% Tax payer, so we are looking at every avenue to reduce our tax liability. […]

Firstly, I have to say “I love this platform”, thank you all so much. A brilliant resource which I often find myself reading for hours on end rather than getting on with work! Oh, and in ref to a comment this week I don’t really care if my questions sound naive! My question is about […]

I am really distressed as my tenants (a lovely lady with a young son) have asked for early release (which I have granted) because she does not feel safe.  The problem is not the flat itself – she loves it. However, the blocks entrance is flimsy. It has been broken into twice in three months. […]

Oldham is the latest council to be offering landlord/community consultation about “selective licensing” in some of their wards. They are offering landlords the opportunity to complete a rather loaded questionnaire about what they think….. it can be found here >>> www.oldham.gov.uk/landlordconsultation  Interested parties must respond before 30th September 2014. The 2004 Housing Act said license fees […]

I am considering remortgaging my house to let it out as a HMO.  I am right at the beginning of the process and need to prepare the house and therefore need advice on what needs to be done. Also whether the house has to be totally ready to let before I can apply for the […]