Hello All, Just a quick one. I’m keen to get some opinions on the way forward. I currently have one buy to let, Value £120,000 , Mort £100,000 and I would like another one /two. The thing is, I have a flexible openplan residential mortgage (£70,000 outstanding) with access to around £50,000 of borrowing at […]

What are the best tactics here? I have found some great new tenants who want to move into one of my properties ASAP. They are currently on a Periodic Tenancy paying monthly, so by my reckoning, they should be free vacate their existing home when the next full period ends on 10th March, subject to […]

Sponsored article :- Named the Highest Yielding Destination for Student property by Zoopla in 2013, Glasgow is firmly on the radar of anyone seeking a profitable addition to their property portfolio. Built by the developer behind the successful projects of St. Ann’s Lodge in Leeds and Nelson Square in Bolton, Clyde House is set to […]

I’ve discovered that a tenant I’m currently trying to remove is already registered on a ‘bad tenant’ database. I’ve done a quick straw-poll with some of my regular agents and discovered that none of them routinely check if prospective tenants are on any of the various databases available. Does anyone know why these databases seem […]

HELP! I’ve an HMO Licensed flat in Edinburgh. My tenants have been noisy late at night and the Council Night Time Noise Team have attended. As this is the second event in 4 months this has led to me been warned that unless I take sufficient action then my HMO Licence may be withdrawn or […]

A tenant has left a property with damage worth more than the deposit held, as well as owing one month’s rent and, by breaking the lease without notice, defaulting on the remaining three months of the lease. The tenant was originally supplied and vetted by a reputable letting agent and we paid the usual professional […]

My partner and I began renting a house through an estate agent last year. We paid our month upfront, our deposit and our admin fee to the estate agent to draw up the tenancy agreement. We have since received letters from the landlords bank and their debt collection company stating that the landlord has defaulted […]

Hello! I am hoping to get some ideas from a dilemma that I have. I have just had an offer accepted on a London 2 bed flat (share of freehold I am pleased to say) I am buying to let out and in the last 4 or 5 months have seen prices rise rather crazily, […]

Hello everyone, I need advice as a Buy To Let novice I am what might be called an accidental landlord. I was living in a flat I had purchased and then I bought another flat in another town as I was due to be moving there with my job. I did not move there in […]

How do I prove I’ve served a tenant a Section 8 notice? Since my tenant stopped paying he’s totally dropped of the radar. Won’t return my calls, won’t respond to messages or texts, ignores my emails and pretends he’s not in when I knock on the door.   I’ve dropped a section 8 notice through […]

Hello all, I am a prospective first time landlord and am asking for any advice regarding buy to let mortgages. I am looking to buy a property for around £80k (with a £20k deposit). The best interest only mortgage I can find is a 2 year fixed rate mortgage at 3.7% (£185 per month), or […]

I have recently written to Wellingborough Council as follows and would be interested in the views of other landlords (in particular those with a detailed understanding of the relevant legislation): Why are local authorities Paying Housing Benefit directly to tenants? It has recently come to light that Wellingborough Borough Council has been paying housing benefits […]

Can anybody help me please? My previous tenant has appointed a solicitor who has written to me claiming for numerous things. One issue is “Repairs”. The solicitor states that the tenant complains of the following defects at my property since the beginning of the tenancy in June 2011. These include:- (1) The screws behind the […]

InterBay Commercial part of OneSavings Bank plc group have introduced a new Buy to Let range and of real interest for the market is an 85% Loan to Value product stress tested at 110% interest cover on the pay rate. This means that the amount you can borrow  is worked out by the monthly rental […]

Hello Mark, I hope you are well and I will keep this short as I know you get asked a lot of questions. I am a youngish guy, with no dependants. I have roughly £35k sat in the bank and am keen to getting into property investment. I would love to know if the following […]

The University of Southern California is testing a giant 3D printer that could be used to build a whole house in under 24 hours. Professor Behrokh Khoshnevis has designed the giant robot that replaces construction workers with a nozzle on a gantry, this squirts out concrete and can quickly build a home according to a […]

The campaigns organised by members of Property118 against hikes to tracker rate mortgage margins moved up a gear yesterday when I was invited to meet with David Morris MP and his aide Andre Walker at The Houses of Parliament. I spent 90 minutes with them in total. I also managed to get a very quick […]

Please can anyone tell me if landlords insurance policies cover pest infestations? Including any damage caused by the pests. We have a problem with rats, the tenant is responsible because of the rubbish they let build up in the garden, and also the pet rabbits they are now keeping in the attached garage. Will our […]

I have a long standing tenant who up until around 8 months ago never caused a problem. Various family issues have resulted in her getting in with the wrong type and she now is dependant on drugs. This has resulted in the property becoming a local drug den. Windows are smashed there are needles and […]

My daughters landlord has served her with a section 21(1)b Notice to quit as they are selling the house. Her fixed six month tenancy ends on the 8th of February 2014 so the notice has been issued during the fixed term. The notice was dated 19th Jan and delivered on the evening of the 21st […]

The majority of tenants say their rent provides good value for money, according to the National Landlords Association’s NLA latest research findings*. More than seven in 10 tenants (73 per cent) rated their rent as ‘good’ or ‘very good’ when asked their opinion on whether it represented value for money. One in five (20 per […]