With the ever increasing popularity of peer to peer lending sites like Zopa, Ratesetter, Rebuilding Society etc, why has some enterprising group come up with a way of participating in the burgeoning rental sector for those without the resources or time to commit to a full BTL of their own? I’m sure many would jump […]

I’m just in the process of filling in a tax return for the first time and understand I can claim miscellaneous costs for such things as phone calls administration cost etc. As this seems to be a subjective calculation, (I’ve spent hours on the phone interviewing tenants and a similar amount of time in front […]

I live in North London (Enfield) and want to buy a 1 bed flat for renting out. Flats in my area are priced around £180K to £230K to buy and rent from £850 to £1,150 per month. Everyone and his brother that I talk to (not all in property) tell me that the rental demand […]

My parents were declared bankrupt over 4 years ago and I am now in a financial position whereby I can purchase a house for them to live in. I am aware that a rental agreement will have to be put in place and I will have to get all of the relevant landlord insurance etc. […]

Just wanted to post a note on here for those landlords who let properties to single people claiming Housing Benefit. For people age between 25 and 35 there is an exception to the Local Housing Allowance restrictions if they have spent a total of over 3 months in a homeless hostel, at any time (even […]

Hello Property118 readers, I just wanted to thank everyone who gave advice back in November. I had a query with the letting agent in Cirencetser who wanted to keep/look after the 6 months rent. About a week later I received the rent. Thank you. I have a property in Clay Cross NE Derbyshire, it is […]

Hello readers, For the last 3 years I’ve rented my flat on a residential mortgage whilst simultaneously living in a rented house. This is because of a change of a job which meant I had to move. I however couldn’t sell the flat due to negative equity. The flat contains roughly 15% equity and I […]

By way of introduction, my name is Max, I am a second year Economics student at the University of Kent. Currently, I have taken a year out to work at one of the Big4 accountancy firms to chase a career that I have always aspired to have. I work within one of the Real Estate […]

Hi All any advice I am a landlord I would like to hope a good one renting higher end HMO properties in Brighton. Following on from additional HMO licensing introduced last year on November 5th 2012, Brighton and Hove city council brought in an article 4 planning article in 4 wards restricting further HMO usage […]

I didn’t want to start a New Year talking about a negative issue but this is too important to ignore. The biggest change that has happened to my business in the last few years is being able to find great tenants through property letting web sites at a cost of less than £100. Previously I […]

Dear Readers, I’m in a bit of a predicament, I’m currently looking at investing in property to let but a few years ago, I unfortunately got my hands bitten and am therefore am unable to get a mortgage due to poor credit and defaults etc. I have a bit of money sat in the bank […]

Hi, As there are soo many helpful people on this forum thought I would ask a question that readers may be able to help with please. Here is a brief summary 1. Tenant signed tenancy agreement and paid the required deposits and months rent 2. Tenant moved all items in, TV, washing machine, cupboard, table, […]

I have a number of properties which I let as Houses in Multiple Occupation (HMOs), and I used to offer residents a standard 6 month Assured Shorthold Tenancy of their room, but I found this etremely problematic if they turned out to be destructive, or a nuisance to other residents, or just refused to pay […]

My name is Matthew and I a rented a property in Thornton Heath CR7. I am 3 months rent in arrears to make that clear. I have lived at the property since April 2012 paying rent on time every month until 3 months ago. The Croydon council were doing maintenance work and noticed the cottage […]

Dear Readers I have a 3 bedroom house that is let as a HMO. It has a detached garage which is not being used and I wish to rent out the garage separately. This is my only property with a garage and I’ve never let a garage before. Does anyone have a template letting agreement […]

We can now GUARANTEE to beat any like for like landlords insurance renewal quote! January is a massive renewal date for many Landlords insurance policies. Do you know when your Landlords Insurance is due for renewal? T.E.A.M = Together Everybody Achieves More and that’s certainly the case for our Landlords Buying Group as we have […]

Mesne Profit – Pronounced Meen Profit, what the heck does it mean? As a landlord with a small portfolio of 7 HMO’s and 10 single occupancies, I am always looking to systematise everything I do, Systematisation saves time, stress and gives structure to your business, so if I have to ask someone else to do […]

I had a tenant leave me with little notice, even though the agreement between us clearly stated that either party had to notify the other in writing at least a full month before terminating the agreement. They left within two weeks saying that they couldn’t contact me via my mobile phone even although they had […]

In this article I am going to share the common mistakes that landlords make when completing their tax returns. In no particular order and certainly not a definitive list:-  1) Treating the entire mortgage payment as an expense. You should only claim mortgage interest as an expense. If you have a repayment mortgage this is […]

We hear many commentators referencing “when” interest rates may rise. Just yesterday I heard late 2014 and previously first quarter 2015. Ben Bernanke has stated that US rates will stay low for some time, whatever that really means, but I’m assuming this to be for 2-3 years? Obviously the new guidance by the BOE and […]

I really had too much to say about the article offering “One to one consultancy with Mark Alexander” for a comment so I have decided to write an article of my own. I first met Mark in 2002, he has always been very open with advice and sharing his experience believing that what you give you […]