2.5 million Payment Protection Insurance (PPI) complaints made between 2012 and 2013 are going to be reviewed by firms after the Financial Conduct Authority FCA has forced them to improve their procedures It is believed that complaints during this period may have been unfairly rejected or compensation paid too little. 70% of complaints taken to […]

My flat was sold to a new landlord in July and my old landlord is querying one of my rent payments (saying I’ve missed one.) I have spoken to him and we are investigating this, however now my new landlord is demanding to see my bank statements since I first moved into the property to […]

With my work pensions lump sum we invested in some new build properties with mortgages to enhance our incomes. We got a local letting agents to let the properties and to manage. One of the new properties rented to a couple with two children, other than the first months rent, they started to pay late […]

Let me first take this opportunity to thank Mr Mark Alexander and team for creating this excellent encyclopaedia for landlords. I have decided to venture into converting house into flats. We are in process of converting a 3 bed semidetached house into 3 one bed flats. I have enough equity to cover this conversion. I […]

The five finalists for the prestigious Wolfson Economics prize worth £250,000 for the winner, all argue the case for creating more garden cities to help solve the Uk’s housing crisis. Barton Willmore’s entry suggests creating four different types of garden city along with the greening of existing new towns. Up to 40 new garden cities […]

I have served the above and I was wondering as there seems to be conflicting information… am I still able to accept rent during the two month notice period? Thanks  Peppy Donnelly

I just wondered if anyone had any 6 month tenancies starting tomorrow the 29th August, and if so, what do you have as an end date?  If the tenant extends for a further 6 month period what those dates would be? I have decided to avoid this date to make my life easier … lol […]

I have two long-term tenants in one of my HMO’s who obviously have a vendetta against each other. One is a fiftiesh builder, and the other is a younger thirty something. Both single guys. Their rooms have a common wall, through a party wall (I have two HMOs back to back). In the past they […]

Can anyone advise on how to deal SAT agreements?   I am currently looking to purchase at (Scottish) auction and have noticed that many of the proprieties have sitting tenants on SAT agreements. This is reflected in the price and therefore the properties are normally heavily discounted from area comparables. My limited understanding of SAT […]

I can’t find if this has been asked before. If I agree to let a property where the rent includes the utility bills, are those bills an allowable expense for tax purposes? Thanks Lou Valdini

It is no surprise to anyone that has looked into the cost of residential care homes recently that investing in rooms has become attractive for institutional investors. The average yield on care home rooms is over 10% and the prospects for capital appreciation look good. Aviva and Legal & General for example are investing in […]

I’d appreciate any advice regarding the situation I’m in with a tenant of 3 years. She had informed me a few months ago she’d be leaving as she was struggling to afford it any more, which I agreed to despite the fact that her lease ran out in January 2105.  I still had to renew […]

I was in the process of selling a six bed HMO and all the tenants were quite happy to leave. I am rehousing three of them and the other two (one has already left) were looking further afield.  Contracts were due to be exchanged around the second week of September but last Thursday the sale […]

I’m a new landlord (I’m 33), based in Norwich, currently awaiting for my first tenants to move into my property.   I have heard good things about the NLA, RLA and ELA and was wondering if anyone has any opinions on which if any are worth joining? I would like to do one of the […]

We have numerous properties that we successfully rent, and have done this for many years, but one of the properties, which was for many years our family home, has a mortgage which has only a few years remaining. It is a beautiful detached chalet bungalow, 4/5 bedrooms, 2 bathrooms, set in a beautiful cobbled village […]

I have a plumbing contractor who took money up front as a deposit to buy materials for a renovation and never finished the job or actually bought the materials!  I have asked for £1,000 of the £2,000 he took from me and he agreed via text to pay the very next day (don’t worry I […]

What are the advantages/disadvantages of running my HMO expenses and income through my own Limited Company?  The properties would be bought and kept in my own name. Rent-to-Rent properties are handled through the Company, but should my owned properties be too? What if I live in one of my HMO’s (to avoid capital gains tax) […]

This is my first post so please be gentle. I am looking to purchase another BTL property in the town where I live. I already have a one bedroomed flat which I purchased a few months ago and after a small refurbishment have let it out without any trouble what so ever. I carried out […]

This is a very simplistic question from a person with a non-business background.   If a person sells their home (their one and only property in which they live) how much of the profit goes to HMRC? Is it the responsibility of the seller to notify HMRC of the sale or does the solicitor sort […]

I have 2 judgements being paid by my ex tenant. One of the judgements is paid by AOE but the other one is paid by cheque.  The problem I have is that my ex tenant despite being asked a few times and being given my bank details will not pay the judgement into my bank […]

I’m just about to complete on my first BTL and need to give the house a “face lift” before I rent it out, mainly fresh coat of paint, new carpets, some laminate flooring and repair a bathroom ceiling (light skimming).  Is it all revenue expenditure? According to HMRC website a repair of an asset can […]