Page 833 – Property118

Landlords Warnings – Will You Survive the Mayhem?

26th July 2013

Have you read the book recently published by Mary Latham yet? I’ve been talking to Mary about some of the topics in it this week and O – M – G this is going to ruffle feathers!!! This is certainly not your bog standard “how to buy to let” book by all accounts, but if […]

Buy to Let Mortgages on Low Value Properties

26th July 2013

I have always found one particular lender on our panel hard to consider as they’ve always represented (in my mind) the last resort lender. As 99.99% of my clients are prime, own ‘standard’ properties, have sufficient income and mortgage amounts, this lender has never really been on our radar. However, the enquiries which I have […]

Rent to Rent Success Stories

26th July 2013

There have been some real horror stories of Rent to Rent hitting the press of late and that’s not necessarily a bad thing as it raises awareness of the strategy. However, what I’m looking for now are some success stories from property owners, investors and tenants. I know for sure that the “Guaranteed Rent” business […]

Landlords Calculator – Now even easier to use!

25th July 2013

Our Landlords Calculator is a very easy to use, you don’t need to download any extra software whatsoever. It allows you to analyse returns and other important numbers relating to any residential investment property deal with ease. You may want to listen to this first Until now landlords and their professional advisers have struggled with traditional calculators […]

Eviction notice paperwork with pen and glasses on a desk

Council Eviction – What Tenancy do I have?

25th July 2013

My Question is for a friend of mine… He is in Council rented accomodation, he has been there for 16 years, but the tenancy was originally made in his wife’s name only, he moved in, expecting his wife and son to follow shortly, but she never did when the fell out and eventually got divorced. […]

Please leave us a testimonial on Alexa.com

24th July 2013

Leaving us a positive testimonial on Alexa.com might help us to engage with more landlords and associated professionals. We would really appreciate you support with this and it takes less than a minute. The link you will need is http://www.alexa.com/reviews/property118.com Alexa.com is owned by Amazon and monitors the popularity of websites worldwide. It’s a useful tool […]

Buy to Let Property Sales – Partnering With Estate Agents

24th July 2013

Earlier this year we spotted an opportunity to set up a buy to let Estate Agency. However, due to lack of resource (time) very little has been done other than a dozen or so sales on behalf of developers, plus setting ourselves up with The Property Ombudsman Service and organising Professional Indemnity insurance to keep […]

Building a letting agency business

23rd July 2013

I sold my first letting agency business in 2006. In just 12 years my wife and I had taken the business from a standing start to managing 1,000 properties. We have been investing into property for 30 years so property management makes sense to us, we knew what we wanted as landlords so we built […]

rent2rent contracts

23rd July 2013

We are pleased to confirm that a sufficient number of pre-orders for rent2rent contract templates have now been received. For those who have already placed an order, the contracts, which will be professionally drafted by Justin Selig, will be sent to you on or before the end of this month (July 2013). Justin is a […]

Property Investment – what would you buy?

22nd July 2013

Whenever I walk down a high street I can’t help looking through the window of the local estate agents and letting agents. I stand there working out rental yields and often I get tempted to buy. Do you ever do that? The only reason I stopped buying a few years ago is that I had […]

Family property dispute – legal help required

22nd July 2013

12 years ago my father was looking to sell a field. I asked him if I could have it and he said yes. At the time he said we could sort the money out later, the agreed price was £40,000. I have the deeds but he is still the legal owner. If it makes any […]

Having problems with a Rent2Rent kind of company

22nd July 2013

Looks like my first attempt to enter the rental market has turned into a disaster. I just completed a flat purchase and made two agreements (AST and Letting Agency Agreement) with Rent2Rent company – they were supposed to sub-let the flat to their corporate client. This was nearly a month ago Easy way to enter […]

Refusal of consent to let by mortgage lender

22nd July 2013

I have a residential mortgage and want to go and live abroad for a couple of years, during which time I want to rent out my house. My mortgage provider says I cannot have their permission to do this. I don’t really want a buy to let mortgage as it’s only for a short period […]

Section 21 issued prior to contract signing

22nd July 2013

We have private tenancy managed by a letting agent. It is a one year contract, rent has been paid on time and all other terms have been complied with, i.e. we are clean, quiet, diligent tenants. 10 months into our contract our letting agent says our landlord wants them to re-market the property. We have tried […]

Cannabis Factory – Landlords Case Study

22nd July 2013

How do you know if your property is being used as a Cannabis factory? I’m writing this, having been involved recently in a case where a landlord got caught in this conundrum. Leona… we will call her for the sake of confidentiality. I thought I would tell her story for you as it is a […]

CML reports 26% growth in Mortgage Lending

19th July 2013

The Council of Mortgage Lenders CML reports that total gross mortgage lending increased to £15 billion in June, which is 2%  more than £14.7 billion in May this year and 26% higher than the total of £11.9 billion in June 2012. This is the highest monthly figure for gross lending since October 2008. Gross lending […]

Is my Fixed or Variable loan an Interest Rate Hedging Product?

19th July 2013

Not everyone who has been sold an Interest Rate Hedging Product knows that they hold one as many people think they just have a fixed rate loan or variable rate loan. When you purchased the Interest Rate Hedging Product you may have been under the impression that you were purchasing a type of fixed rate […]

BuytoLet Remortgage rates best since the credit crunch

19th July 2013

The prevailing mood in the BuytoLet remortgage world over the past three or four years has been “Rates are high; criteria are being squeezed; fees are high” – so it’s not been considered financially viable to remortgage. Therefore Landlords have settled down and put raising equity or just remortgaging for rate to the back of […]

August is often the month Landlords Insurance policies renew

19th July 2013

Several years ago my business partners and I were approached by an insurance broker who told us we could save a lot of money by combining our landlords insurance policies into a block policy. This was the beginning of our landlords buying group.

Private Rented Sector Review – Conclusions and recommendations

18th July 2013

The Private Rented Sector Review conclusions and recommendations published by the Communities and Local Government Committee: Simplifying regulation 1.  We recommend that the Government conduct a wide-ranging review to consolidate legislation covering the private rented sector, with the aim of producing a much simpler and more straightforward set of regulations that landlords and tenants can easily […]