Page 832 – Property118

Land grab at tenanted property by new neighbour

14th February 2014

I have an issue at the moment which is causing me a slight headache. On my tenanted end-of-terrace property, I received a contact request late summer from the new owner of the adjoining property via my managing agents. I duly made contact which revealed that he wanted to smarten up his new property and, as […]

Mice in rental property 4 months into tenancy

14th February 2014

I would like some clarification as to who is responsible for dealing with mice in the property please. The tenant has been in since September and in late January, she discovered mice droppings in her wardrobe. Mice have chewed through the bottom of her wardrobe and gained access. She said that she had chocolate and […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank of England quarterly inflation report summary

14th February 2014

No need to panic about interest rate rises as we are still in a bad place, but an improving place economically. Yes “Forward Guidance” is dead because the Bank of England got their unemployment prediction wrong, but we still don’t really know why. Unemployment dropped to 7.1% from 7.7% in three months making redundant the […]

Trust me – I am a landlord

14th February 2014

My tenant wants some long term assurances of tenure I’ve been renting properties for several years and I always advertise that I’m looking for long term tenants. I reference my tenants properly and I always purchase rent guarantee insurance. Despite never having to claim on an RGI policy it does give me peace of mind. […]

What is the best way to sell a tenanted property?

14th February 2014

I have a property which I really need to sell. The trouble is, it is tenanted to a Housing Benefit tenant and I know this will make it difficult. If I went down the traditional Estate Agent route, viewings would be impossible and it would be difficult to arrange a survey for a potential buyer.  […]

Homeless Homeowner – the law supports lawlessness

14th February 2014

In an attempt to keep this brief, I have been renting my flat to my current tenants for almost 4 years. Last year I informed them that I will be needing the property. Their tenancy agreement was renewed but only for 6 months to which they agreed was enough time to sort out accommodation. The […]

BEWARE Of Guaranteed Rental Yields From Overseas Developers

13th February 2014

Every so often we get offers from companies promising guaranteed yields for investment in overseas properties or property developments. These are usually for one or two years, whether the property is rented out or not. This can be the case with UK property developments as well. Sometimes they even guarantee further investors down the road when you […]

Landlord tax planning – allocating property income to wife

13th February 2014

I am a 40% tax payer and rent out two properties. To minimize my tax bill I want to allocate some of the income from the properties to my wife who is currently not earning and so has her full tax free allowance. I have two residential mortgages on the properties as I previously lived […]

DCLG

DCLG review of property conditions in the PRS

13th February 2014

This Department for Communities and Local Government DCLG discussion document considers what more can be done and how best to tackle rogue landlords, without negatively impacting on the good ones. This is the first stage of the review and comments are invited before the 21st March. Please note these are not policy or legal changes […]

Storm damage – guttering on neighbouring property

13th February 2014

Hi all, I wonder if any of the more legally minded here could help… The house next door to one of my renters appears to be vacant, maybe going through probate I’m not sure.. Several roof slates have slipped from their roof at the rear and have lodged in the guttering pushing it away from […]

Tracker Rate Campaign Requests More Landlord Association Support

13th February 2014

The background to the Tracker Rate Campaign is that at least two mortgage lenders have used ambiguities within consumer protection legislation to increase their profit margins on some of their tracker rate mortgage products for both homeowners and small buy to let landlords. For example:- 12,200 Bank of Ireland mortgage accounts whereby a mixture of […]

Anybody know about grants for central heating and windows?

12th February 2014

I have a property which was converted in to flats twenty years ago but the conversion stopped before any heating was put in. There isn’t any hot water or heating in either flat so is it possible to get a grant to install boilers, and would it also be possible to get a grant for […]

Late tenancy deposit protection fines

11th February 2014

I spoke to someone on the NLA helpline this morning who told me that the law is unambiguous – landlords registering deposits later than one month after receipt are liable to be sued for three times the deposit amount. Looking online, I am unable to find definitive reference to this, and, most importantly, how are […]

Immigration Minister resigns for employing an illegal immigrant

10th February 2014

Mark Harper the Immigration Minister who took the Immigration Bill through Parliament in autumn 2013 has resigned for continuing to employ his cleaner when she no longer had a right to reside in the country. The Immigration Bill which was hotly debated on Property118 requires Landlords to carry out reasonable checks and take copies of […]

Rental restriction placed in title deeds

10th February 2014

In 2012, I bought my first house from Places for People – long story short, I am now looking to move in with my girlfriend to her house and rent my property out. Therein lies the problem. In my Title Deeds, Places for People have included a restriction that states that I may not rent […]

My tenant stabbed his wife and trashed my property

10th February 2014

I have joint tenants who signed a 12 month assured shorthold tenancy agreement. They have been in the property nearly five months. They have always been late paying their rent and have not paid this months rent. A few days ago I had a call from a neighbour to say the Police had been there and arrested […]

Raise the Roof – Are Shelter listening to landlords at long last?

10th February 2014

According to SpareRoom.co.uk there are around 15 million spare rooms in the UK. Letting just 10% of these could go a long way towards solving the UK housing crisis. Against this backdrop I was delighted to read today that housing charity Shelter are supporting a campaign by SpareRoom.co.uk to increase the “Rent A Room” tax […]

Data Protection for Landlords and Tenants

10th February 2014

How does the Data Protection Act apply when it comes to landlords and tenants details ? With regard to the utilities, I have always notified the gas, electric and water suppliers and council tax office to advise them I will no longer be responsible and I have new tenants. They have always asked who they are, and […]

Unfair contract terms in proposed tenancy agreement

7th February 2014

Hello All, I’m hoping someone can maybe help me. I’ve recently moved to Brighton, where the property market is very buoyant. I am moving into a property next week with a Letting Agency. There are some (what I consider to be) very OTT clauses in the agreement, and I’m wondering if anyone knows if they […]

Nationwide scraps remortgages for Buy to Let !!!

7th February 2014

In an announcement that seems to make no sense, the Nationwide who own their own Buy to Let arm “The Mortgage Works”, have said they will no longer accept remortgage applications from Nationwide customers where the purpose of an increased loan is buying investment property. A Nationwide spokeswomen said, “as part of Nationwide’s move to […]