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How to sell your house fast

16th April 2014

A straight-talking North East house doctor has compiled her top tips on how to sell or let your property as fast as possible and prove everyone’s home can be a castle. Enterprising Durham-based interior designer Violet Harrison is on a mission to get the housing market moving and has helped thousands of high profile clients […]

I want my tenancy to remain periodic but …

16th April 2014

I’ve received a letter from my letting agency (not going to name them) saying that the guidelines and regulations have changed regarding my tenancy going to periodic.  I pay monthly so does not seem to make sense to me. Then it goes on to say I might, in the next few months, have to sign […]

Inflation falls for a record 6 consecutive months!

15th April 2014

Consumer Prices Index (CPI) inflation reduced for a record sixth month to 1.6% for the year to March 2014. That means you now need to spend on average £101.60 to buy the same things 12 months ago. This sounds bad, but it is predicted to be the first time inflation will fall below average wage […]

Questions from a property speculator

15th April 2014

I see myself as being more of a property speculator than a property investor or a landlord. I would very much appreciate your views on my considerations and deliberations.  I have seen some very nice leasehold flats which I can buy new build, fully furnished for £183,000 each. This represents quite a significant discount on […]

Do men or women make the best landlords?

15th April 2014

Having typed this question into Google I couldn’t find the answer so I thought I’d start a thread here. Maybe I should have called it “battle of the sexes” but I doubt that would rank highly in search results if others have a similar question. So do men or women make the best landlords and […]

Rent to Buy…. good or bad?

15th April 2014

I am trying to sell a rental property and have been approached by someone offering me full market value with a ‘delay’ in purchasing/completion. Meanwhile they will cover all mortgage and insurance payments until completion. I am sceptical…should I be? Thanks Maria

Advertising

12th April 2014

Most of our sponsors are businesses which have been referred to us by our members or contacts we have done business with ourselves. Given that Property118 operates a not for profit business model, and reinvests all income into the development of the community, we are completely reliant upon donations and sponsorships. Therefore, we are always […]

Adding a family member to Title Deeds

12th April 2014

If I want to add my daughter to the deeds of my BTL properties. Can I do so without informing the mortgage lender first?  When I inform them will the lender ask me to pay them an admin fee or require me to do a new mortgage application? What would happen if I added her […]

Reducing CGT by getting married

11th April 2014

Hi there, I have a B2L property that I bought 9 years ago for £250k and I’ve rented it out from day one. I have never lived there so I cant claim PPR or lettings relief.  I’ve now got a buyer for the property at £325k so even after I deduct £10k buying and selling […]

Ground Rent increases – Are they a big risk?

10th April 2014

Hi We are in the process of buying a brand new property with Redrow. Looking into the conditions of the lease it has been specified that the Ground Rent will start at £400 per year increasing to double at year 10 and consecutively doubling every 10 years for 5 consecutive times.  We are a bit […]

Extortionate court fee increases will impact landlords

9th April 2014

Landlord Action has lambasted Government plans to increase court fees as “extortionate”.  The planned changes will take effect from 22nd April 2014, where fees for possession claims will see one of the largest increases at 60%, and could spark a stampede of possession cases in the next two weeks from landlords trying to beat the […]

Selling a property -help remove tenant and getting rent paid

9th April 2014

Hello All, I am hoping to tap into your wealth of experience here. I am helping a physically ill person sell a property. The tenant has stopped paying rent and refuses to move out, even though exchange of contracts is very close.  The tenants panicked when the mortgage lender instructed Court bailiffs to evict them […]

Restricted occupation rent reduction

8th April 2014

I am very new to this. I am negotiating a rent review and my tenants agent says that as the occupation of the flat above the shop is restricted to the shop trader there is a convention in such circumstances that the rent attributable to this part of the accommodation under the principle lease should […]

Tenant only gave 5 days notice

8th April 2014

I have just had my tenants move out of the property during a 2 month section 21 notice I served on them. It was due to expire on 3rd June. The tenancy ended on 3rd April, but they contacted me only 5 days before they decided to move out saying they would be going on […]

Surrender of shorthold assured tenancy

8th April 2014

My tenant signed surrender notice on 7th march and agreed to vacate on 31st March. They say they wont leave now until 31st April. They are two months behind with the rent. Can I now evict them or will I have to go down section 8 route. Thanks in advance for your replies Regards Daniel […]

High-End Liverpool Buy to Let

3rd April 2014

Recently named one of the ‘Top 3 cities to visit worldwide’, Liverpool Buy to Let property is a hot topic. Offering some of the highest yields in the country for Buy to Let investors, the city is the ideal location for both young professionals and students alike. The Courtyard at X1 The Quarter is a […]

Unique Student Buy to Let property with Residential Planning!

3rd April 2014

The first question that investors ask about student property is always “How easy is it to sell?”. The typical yields of between 8% and 9% remain attractive but it is the exit strategy that has held people back. Those worries have been completely resolved with a city centre development with residential planning. Now investors can […]

Last 21 left in Glasgow

3rd April 2014

Last Year Zoopla named Glasgow the highest yielding region for student Buy to Let investment. Clyde House is a Boutique style student Buy to Let development in Glasgow  with only 21 units left for sale at prices starting from £57,500. The Development is within walking distance to Glasgow Universities creating demand from over 45,000 students […]

Safety laws should be applied to ALL property owners

2nd April 2014

I am in favour of new regulations which could help to save lives but I don’t understand why only the lives of tenants seem to matter in the eyes of the law. I don’t have gas at home but I do have electricity (yes even in mid Norfolk LOL) and I also have an electrical […]

Limited Edition Buy to Let product tops Trigold Search

2nd April 2014

Precise Mortgages have launched a limited Edition Buy to Let product range that is topping the Trigold mortgage searches at the moment. Trigold is a whole of market mortgage search engine used under license by mortgage brokers and IFAs. It is recognised by the FCA as part of the regulated mortgage process to justify products […]