I have a resident in one of my HMO properties who is causing a problem to other residents. He is a nice person when sober, but is very verbally abusive when he is drunk. He is a chronic alcoholic, so has long bouts of drinking, i.e. he may be sober for a month but then […]

The Competition and Markets Authority (CMA) has today published new guidance for the lettings industry to improve their understanding and compliance with consumer protection law. The follows a report last year by the Office of Fair Trading (OFT) which raised concerns about a number of unsatisfactory practices affecting tenants, including unfair and surprise fees and […]

I wonder if anyone has had a similar experience and/or can advise on the issue of who is responsible when the tenant has not adequately ventilated the bathroom so now the bathroom has to be overhauled to make it presentable again.  There is mould growing everywhere! The tenants were informed at the beginning of the […]

The New Interbay commercial Term Refurb mortgage product allows a refurb period for a borrower to enhance the value and earnings potential of a property with a view to holding. This is a longer term product with a period during which the property will be vacant to allow property owners to undertake a refurbishment project. […]

I currently have deposits protected in the DPS custodial scheme. My tenants are due to renew and I am wondering how to deal with their deposits.  There is no easy way in the DPS to just update the start and end tenancy dates without doing a whole resubmission.  This would mean the tenant has to […]

I have 4 flats in one building which I manage myself. I have 2 houses which have been managed for me by a proprietor run letting agency who has recently sold this part of her business, with no warning, to national letting agents. This does not suit me I much prefer to deal with a […]

My name is Neville. I am a new landlord for a Buy to Let property in South Yorkshire, my letting agent is based in Redhill which is 250 miles away from where the property is based. The property is coming up to two years old. I have found a letting agent that is within a […]

What view would HMRC take if a landlord overestimated his property rental return by say, £6,000 due to error/illness/stress?  Can the landlord request mitigation (illness) against his mistake? Thanks AA Properties (Wales)

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Scotland’s big three banks RBS, Bank of Scotland and Clydesdale are over 12 times in value the size of the total Scottish economy, where as currently UK banks are just over 4 times the size of the economy. In practical terms that would mean if Scotland were to vote for independence they would not be […]

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I’m 16, and my goal is to become a successful landlord. I recently went on a fishing trip with my dad and he brought a work friend with him. His friend owns 9 properties, a majority of which are already paid off. He will retire when he is 40, and my goal is to follow […]

I have seen a property that I would like to buy as a BTL but understand now that it was underpinned around 10 years ago due to some subsidence with the likely cause being leaking drains that softened the ground. The property is in otherwise good condition.  My main concerns are a) mortgage ability and […]

I have a crazy tenant, who is a bit of a hoarder. She is a lovely old lady, pays her bills on-time and is really a dream tenant apart from her newspaper collection from 1984. I would be grateful if you could let me know…… in the event of a fire, do I have a […]

I am converting my first house into a HMO. It is a 3 bed, 2 reception, 2 bath house in London… soon to be a 5 bed HMO. My plan is to add ensuites to the two front bedrooms. This means one tenant is likely to use the large(ish) downstairs bathroom and toilet (on same […]

Having obtained a possession order for over £11k rent arrears, and booked a bailiff, my tenant has now used legal aid to request a further hearing to try to set aside the order. This request is based upon a claim by the tenants solicitor that I had (since the possession order was made) received a […]

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I’m currently purchasing single let properties in Scotland at a rate at which my available finances allows. Approximately 2 per month.  I have a large network of investor contacts and am viewing many properties which I am either unable to buy (due to finances) or they simply don’t fit MY specific criteria (on inspection). I […]

I have a portfolio of 15 houses in North London. The local council has just introduced additional HMO licensing whereby small HMOs like mine (i.e 3 or 4 sharers in a 2 storey house) will need to be licensed. I purchased my properties all using normal BTL mortgages and the problem I have is that […]

Had a tenant sign an AST in early 2013 and I didn’t register the deposit.  How do I go about correcting this without being fined? This was the only oversight as the other ASTs are registered. Thanks Sam

We’ve built up a private property portfolio of 4 houses, all rented on ASTs. Currently, each property has been funded with a cash deposit and separate BTL mortgage using my wife’s salary for the multiplier. We use an agent to get tenants and manage the day to day.  The cash pile is now running low, […]