Page 830 – Property118

Financial help with living costs whilst building up a property business

16th August 2013

I resigned from my job a few months ago to concentrate on renovating property with my partner. Our existing handful of rental properties generate enough income to pay their mortgages plus our residential mortgage. My partner also runs an online retail business but is finding it hard to cover all of our living costs.  I […]

Switching Letting Agents

16th August 2013

We currently rent our property through a letting agency; however the service provided has been nothing short of appalling.  We have no issues with the current tenants but we want to understand whether we can switch letting agents and retain the current Tenants? The Tenants have signed the letting agreement with the current Agency but […]

Joint tenants or single tenant plus lodger?

16th August 2013

I am buying an apartment to rent to my daughter and her friend.  Is it better to have them as joint tenants or have my daughter as my sole tenant with her friend being her lodger? Would the advice be any different if my daughter advertised for someone to share the apartment rather than sharing […]

How ADR works in tenancy deposit disputes

15th August 2013

After sharing in discussions on two separate threads (links below) I realise that there is some misunderstanding about how Tenancy Deposit legislation works when there is a tenancy deposit dispute.  Buy to let anguish – landlord being repossessed – rent paid 6 months up front! Tenant Disappeared In the first discussion the tenant is concerned […]

Tenant Disappeared

15th August 2013

Hi, hope I am in the correct place!!  I rent out a flat using a letting Agent. I should just like to know the legal position regarding the tenant’s deposit? Tenant left owing 1 months rent, and had removed existing vertical blinds. Tenant does not respond to emails, phone calls, etc. Can I now claim […]

First time buy to let – North West

14th August 2013

Okay readers. I’m a buy to let newcomer looking to spend approx £25k, hopefully on two BTL properties priced up to £50k, thus 25% deposit.  I have considered Bootle in Merseyside and Rochdale/Oldham area with the new metro link. Any thoughts as to where to find the best priced properties as I hear there are […]

CAMPARI – old school lenders underwriting

14th August 2013

CAMPARI stands for Character, Ability, Means, Purpose, Amount, Repayment, Interest and Insurance  It was also a popular drink in the late 70’s and early 80’s but that’s not what this article is about LOL If you are applying for a commercial mortgage facility, chances are the person making the decision will be trained to use the […]

I have been asked for a 12 months rent in advance

14th August 2013

I am a student that will be studying in the United Kingdom soon. I really need some advice on whether I should rent the property that I found through a website. The agent to that property is insisting on 12 months rent in advance and an extra 1 month rent as deposit. They also charge […]

Bedroom Tax affecting private landlords?!!!

14th August 2013

As everyone knows bedroom tax is not  tax, but the above is a handy way to refer to it.  Earlier this year I received a simple very clear brief about this, written by the chief housing officer of Purbeck District Council..  The essential features of the measure are: It only applies to people of working […]

Question – can landlords claim for use of home as office?

13th August 2013

I am employed full time and have one buy to let property managed by a letting agent.  I have claimed £4 per week for using my home as office but the tax man is telling me that I cannot claim this. Can somebody tell what the correct position is please? Thanks in advance James Cunningham

Retaliatory eviction – possibility of civil litigation?

12th August 2013

We’re a professional couple with a limited company which provides a technology solution to the NHS. It suits our circumstances to rent at this moment in time.  We had a 4-year rental of a lovely apartment until last Summer, when the owner decided to downsize and move back into the property. It was a good […]

Prohibitive Covenant restricts occupancy

12th August 2013

OK This is a complex one for all you experts out there. I rented a property on an AST contract. The property ‘cottage’ is a relatively large property by UK standards. Separate structure, fully self contained, kitchen, reception room(s) bed(s) bath(s). A superior property with a substantial rent and substantial deposit prepaid!  Let me start by […]

Concerned Mum trying to help her daughter

12th August 2013

This Facebook discussion between a letting agent and a concerned Mum is well worth sharing in my opinion. Please feel free to discuss.  Concerned Mum – I wonder if you could give me some advice what documents would a 21 year old student would have to show to rent a house after university and would they […]

Evicting a racially abusive tenant

12th August 2013

One of my tenants has been charged with racially abusing one of my other tenants. Can I ask him to leave immediately because if he returns to the house there are going to be obvious problems or must I give him notice? He has a standard tenancy agreement which clearly prohibits antisocial behaviour likely to […]

Will my Letting Agents Section 21 be valid?

12th August 2013

My letting agent served a section 21 notice soon after the tenant moved in, but only told him verbally a few months before the date on it, that he needed to be finding somewhere else to move to – rather than sending him a letter requiring possession!  Would I be right in thinking that if […]

Alternatives to Landlord Licencing Schemes

12th August 2013

The alternatives to Landlord Licensing Schemes require joined up thinking, changes to data sharing protocols within local authorities and revised high level directives and strategies which must begin at Government level.  Perhaps the first question to ask is what is Landlord Licensing all about? Is it really about raising standards or is it more to […]

Freehold Maisonette – why is this a bad thing?

10th August 2013

We have just put our freehold maisonette up for sale. It is ex local authority and ground floor, the property above is still local authority, although I believe the adjoining two are private. Buyers will not be able to get a mortgage, because it is freehold. This has never been a problem to us (cash […]

Can I take a locksmith with me?

10th August 2013

I have purchased a property recently but have no keys for it.  The previous landlord says she cant find them. I have tried to contact the tenant on several occasions but with no joy. If I give her 24 hours notice in writing that I intend to visit the property to have the boiler checked […]

AST’s – what’s best a Contract or a Deed?

9th August 2013

I am working as part of a legal group to solve an issue for landlords which I hope to be able to talk about later this month.   I’m learning a lot and loving it! The issue of contract vs Deed came up in a meeting I had yesterday. Assured Shorthold Tenancy Agreements “AST’s” can […]