I have a tricky property decision to make and would very much appreciate some advice. I have a central London flat, unencumbered by any mortgage, currently valued at £675,000. My husband and I currently have 1 salary of £50,000, and hope to have 2 salaries at about this level soon. We are looking to buy […]

Year on year profit before tax rose 31 per cent to £59m with total revenue increasing by 20% to £80m as Rightmove benefit from the rising housing market This is partly due to an increase of over 25% in users to 22 million for the first half of the year, and the average revenue per […]

I just had an angry tenant phone to say that £40 hidden in her bedroom has been stolen today (Tuesday). I was in her flat today by agreement, as was our cleaner and our valuer. I was not with the cleaner and the valuer all the time. I had told the tenant not to leave […]

I have been attempting to buy a Buy to Let property now for some time now (at least six months) but have hit an impasse. I and the vendor have agreed a price and I have had a 75% LTV buy-to-let mortgage application approved. However, the property needs renovating – new GCH, kitchen and bathroom […]

I would like to provided clarity over what constitutes a Revenge Eviction, and what is simply a landlord serving notice without giving a reason, after concerns have been raised that the term was being misused in the media, giving good landlords a bad name. The Citizens Advice Bureaux (CAB) recently revealed that twice as many […]

I own a flat in a block of six, all six owners have agreed to purchase the Freehold. The Freeholder was dissolved in 2002, our solicitor has contacted the Treasurys Solicitors Dept, who have replied to say that that companies assets are distributed to persons entitled, no interest was passed to the Crown as bona […]

I have been sub-renting a bedroom since February 2013. The couple who is sub-renting me the room have received a court order to evacuate the property on the 29th of July 2014. However, they only told me this on 25th of July at 11pm. I had a contract with them which was running for a […]

I will try and keep this to the point; Tenant moved in Christmas Eve, signed the tenancy agreement as a rolling one month. Not received rent for the last two months despite texting, phoning, writing several letters, but no response. Visited the property last week, all curtains and blinds closed, garden overgrown and was met […]

I have just received back my accounts from who I thought was a very good Chartered Accountant . I have been looking for ways to reduce my tax bill and came across Property118 advising ways to reduce liability. One of the ways was to distribute some of the rental profits around the family using your […]

I  would like some advice on purchasing a house with odd shaped garden, for Buy to Let purposes. The house is perfectly placed, in  good condition, but the garden is sort of “V” shaped, just 7 feet at the back. Open Garden area is still available overall around 25-30 feet. The area is in demand […]

As reported by Nearly Legal concerning section 21 rules the tenant in Spencer v Taylor has been refused permission to appeal in the Supreme Court, because of the lack of an arguable point of law. Therefore the Court of Appeal decision stands: “Where an assured Shorthold tenancy has had a fixed term and a statutory […]

We have a nice big modern rental property and from taking on board a thread on here I asked my agent to ask my new prospective tenants if I could visit them in their home. My agent was absolutely shocked and said this had never happened before but would ask the ‘tenant’. She got back […]

I am a landlord that has applied to the local county court for possession of my property. My tenant has received a letter :- “The request for a Possession Order is premature, being only 4 days after issue and the same day as deemed service” What should I do now as a landlord Thanks Jaz

Commenting on the reduction of Green Deal Home Improvement Funds (GDHIF) for solid wall insulation from £6000 to £4000, Richard Lambert, CEO at the National Landlords Association (NLA), said: “Just as the Green Deal looks like it will finally succeed, the Government seems determined to sabotage its own policy. “The NLA made a strong case […]

I am keen to hear more experienced Landlords view on their exit strategy’s. The reason I am thinking about this now is that it is time to refinance a couple of HMO property’s that I purchased with cash (property’s were not mortgageable). I am now 41 so have plenty of years left to obtain mortgages […]

I have just cleaned up my act, paid my debts and now got 2 jobs earning avg £2500 a month and living with my mum! Now – I want to get into property development. Build my own buy to let portfolio! I can only save £10, 000 a year. looking at the figures, in order […]

I rent out a property which belonged to my mother before she died. It is a 3 bed semi with an enclosed (multi-point) central heating system. My agent insists I have a Legionella report done on the property. Do I really need one, they have threatened to terminate my contract if I don’t have it […]

So back in 2011 I use to take 2 months rent in advance and no official deposit. With this particular tenant this is what I did. 6 months passed and I renewed the tenancy with a new 6month AST. By this time I had realised that I should be properly registering a deposit and keeping […]

With the UK continuing to recover from the losses suffered during the recession, the Property Development industry is currently seeing one of its fastest growing times. The demand for property has significantly risen in the first half of the year with construction of over 100,000 properties commenced in the first half of 2014. There are […]

I purchased a flat to let a couple years ago. We have had the same tenant in for the full period. Although there have been several months of late payments, he has generally not been a problem. He has always suffered with kidney problems and this has left out of work on occassions, hence the […]

Well my agent and I have been well and truly had. I’m a portfolio landlord and builder, and have just finished extensive renovation of a 2 bed terrace locally. Due to poor health I instructed a local agent friend to source me tenants and we chose very a plausible and presentable Polish working couple. They […]