I am new to the forum and Buy to Let Property. I would like to invest in Buy to Let Property and have been looking at the option of letting it to the Council or Local Housing Association on a 1 or 3 years lease. I am planning to buy 2 or 3 bedroom house […]

I am about to buy my first Buy to Let and I was thinking that it will be good to rent out to students by the room as it might end up paying me well, no council tax to pay and renting by the room sometimes means that the house is never empty (always having […]

In all the advice provided on this web site it states to target yield of 5%+. In some parts of Greater London, this is simply not achievable due to high house prices. Is it realistic to buy lower yielding areas where 2 bed flats are £300-£500K with expectations of further capital growth compensating for the […]

Some time ago we served both types of notice on a tenant who had several rental excursions up to 3 months in arrears and who also was not keeping the flat in good condition (not ventilating it properly & too much junk against the walls). He has been trying to start up a company and […]

I am currently the director of a small block of 6x flats in a limited company and my wife is the Secretary, we have held these positions for 7 years now and it is time for a change as apathy has set in amongst the other owners. I have run the company well and there […]

I was called in by the tenants in one of my properties because they were having problems with a shower, and was horrified to see a large pool of water outside the front door which seemed to be coming from the condense pipe of the boiler. The tenants admitted that they had been having trouble […]

I am purchasing a ‘freehold’ ground floor flat with a garage. It is a cash purchase only. It all sounds good with no ground rent or service charges to pay but am I buying what could be a problem in the future? I have spoken to one person in the block of 12 flats (most […]

Help! I’ve a lower ground floor flat that has suffered from some sort of water ingress, we’ve investigated and found a drain from next door near so am assuming it is this – however the neighbour has done all sorts of unregulated work to his building and being extremely obtuse – I’ve had someone in […]

Wishing you a very Happy New Year!  In the spirit of all the recent festivities, there is something very important which I wanted to share with you. Okay, so I’m in my office here in Kent speaking with an associate of mine about the property investment business and how he’s doing. First thing that he […]

All aspects of this question relate to the UK. Earlier this year I bought a terraced house which I renovated and have just let out. The house (according to the deeds) is fully in my name, I own the house. Other than the rent from this house I don’t have an income, I’m a ‘homemaker’ […]

I had a lodger who stayed Monday to Friday. She did sometimes stay the whole week without paying any extra money. We had a verbal agreement that we would give 2 weeks notice either way. However, she went to see her family out of the country and has not paid her rent. I don’t think […]

Currently, markets such as property and stocks are near their highs. One cause is the rock bottom rates pushing investors into risky assets and away from cash. So, what will happen to the property market over the next few years? Is it worth delaying purchases? Am I correct in assuming that as rates rise, property […]

I have recently sought a CCJ via the ‘ My money online’ service. The Defendant did not respond with any defence etc within the time allowed so after allowing another two weeks I asked (online) for a judgement by the County Court Business Centre. I have now received their reply i.e : Notice of judgement […]

I am refurbishing my first rental property and undecided on what type of carpets to fit. I have been recommend a hard wearing loop pile. What carpets do you use for your rental property? I am also installing a white gloss kitchen and looking at laminate worktops to go with this. What colour are the […]

I let a flat to a student, she has boyfriend with her. She signed the contract but the boy friend paid the rent I think. They renewed the contract ( signed a paper for another year conditioned to old contract ) in august14 ( she was still in UK). In October we received complaints from […]

I bought a flat in November 2012 and the ground rent was £100 till now. Yesterday I got a letter from the management company E & M saying that the ground rent was due for review in December 2012 and it’s now £325 pa from 2012.  I am going to check the lease out but […]

My partner and I moved into our first rented home together on 28 February 2014. We paid what we thought were extortionate referencing fees of £300 (EACH!) on top of the deposit and rent. At the time we mentioned that this was a high price, especially considering that my partner had rented from this letting […]

I would like to ask the advice of your members, please. I own 2 x 2 bed ground flats in a block of four, two flats upstairs, two downstairs. They are freehold flats, close to the town centre and rent well. Both of my flats are rented out to tenants and up until the relatively […]

Hi, I was wondering if any one could help me out here?  I have a clause on my tenancy agreement stating that rent will be increased on annual basis on 28th of September. Thus, I expected agency to send me a notice for that before September but I did not receive anything. This month I […]

A tenant of mine has tried to claim LHA, but not Jobseekers Allowance. He was sanctioned by DWP and did not make a claim for Jobseekers Allowance for a period of 7 weeks. In turn, the Council have refused to pay him any LHA for this same period. They are of the opinion that if […]

My current tenant is receiving housing benefit/local housing allowance (which is paid directly to the estate agent and then to me). Initially the tenant, who is a single parent, moved in with his three young kids. I tagged along to the most recent quarterly inspection and noticed that there were no children’s clothing or toys […]