I own a flat in a block of six, all six owners have agreed to purchase the Freehold. The Freeholder was dissolved in 2002, our solicitor has contacted the Treasurys Solicitors Dept, who have replied to say that that companies assets are distributed to persons entitled, no interest was passed to the Crown as bona […]

I have been sub-renting a bedroom since February 2013. The couple who is sub-renting me the room have received a court order to evacuate the property on the 29th of July 2014. However, they only told me this on 25th of July at 11pm. I had a contract with them which was running for a […]

I will try and keep this to the point; Tenant moved in Christmas Eve, signed the tenancy agreement as a rolling one month. Not received rent for the last two months despite texting, phoning, writing several letters, but no response. Visited the property last week, all curtains and blinds closed, garden overgrown and was met […]

I have just received back my accounts from who I thought was a very good Chartered Accountant . I have been looking for ways to reduce my tax bill and came across Property118 advising ways to reduce liability. One of the ways was to distribute some of the rental profits around the family using your […]

I  would like some advice on purchasing a house with odd shaped garden, for Buy to Let purposes. The house is perfectly placed, in  good condition, but the garden is sort of “V” shaped, just 7 feet at the back. Open Garden area is still available overall around 25-30 feet. The area is in demand […]

As reported by Nearly Legal concerning section 21 rules the tenant in Spencer v Taylor has been refused permission to appeal in the Supreme Court, because of the lack of an arguable point of law. Therefore the Court of Appeal decision stands: “Where an assured Shorthold tenancy has had a fixed term and a statutory […]

We have a nice big modern rental property and from taking on board a thread on here I asked my agent to ask my new prospective tenants if I could visit them in their home. My agent was absolutely shocked and said this had never happened before but would ask the ‘tenant’. She got back […]

I am a landlord that has applied to the local county court for possession of my property. My tenant has received a letter :- “The request for a Possession Order is premature, being only 4 days after issue and the same day as deemed service” What should I do now as a landlord Thanks Jaz

Commenting on the reduction of Green Deal Home Improvement Funds (GDHIF) for solid wall insulation from £6000 to £4000, Richard Lambert, CEO at the National Landlords Association (NLA), said: “Just as the Green Deal looks like it will finally succeed, the Government seems determined to sabotage its own policy. “The NLA made a strong case […]

I am keen to hear more experienced Landlords view on their exit strategy’s. The reason I am thinking about this now is that it is time to refinance a couple of HMO property’s that I purchased with cash (property’s were not mortgageable). I am now 41 so have plenty of years left to obtain mortgages […]

I have just cleaned up my act, paid my debts and now got 2 jobs earning avg £2500 a month and living with my mum! Now – I want to get into property development. Build my own buy to let portfolio! I can only save £10, 000 a year. looking at the figures, in order […]

I rent out a property which belonged to my mother before she died. It is a 3 bed semi with an enclosed (multi-point) central heating system. My agent insists I have a Legionella report done on the property. Do I really need one, they have threatened to terminate my contract if I don’t have it […]

So back in 2011 I use to take 2 months rent in advance and no official deposit. With this particular tenant this is what I did. 6 months passed and I renewed the tenancy with a new 6month AST. By this time I had realised that I should be properly registering a deposit and keeping […]

With the UK continuing to recover from the losses suffered during the recession, the Property Development industry is currently seeing one of its fastest growing times. The demand for property has significantly risen in the first half of the year with construction of over 100,000 properties commenced in the first half of 2014. There are […]

I purchased a flat to let a couple years ago. We have had the same tenant in for the full period. Although there have been several months of late payments, he has generally not been a problem. He has always suffered with kidney problems and this has left out of work on occassions, hence the […]

Well my agent and I have been well and truly had. I’m a portfolio landlord and builder, and have just finished extensive renovation of a 2 bed terrace locally. Due to poor health I instructed a local agent friend to source me tenants and we chose very a plausible and presentable Polish working couple. They […]

I might have to sell my house because Newham council won’t let me let it to a group of professional sharers. It’s too expensive and large for most families (agents suggest 2k pcm) and Newham council have said they are not granting any more planning permission for change of use, which I have to have […]

It has been announced that the Nat West and RBS group will be tightening their Buy to Let mortgage criteria even further. They will be limiting their loan to income ratio to 4.99. The move became effective as from the 14th July and this criteria change follows on the heels of a recent reduction in […]

My tenant has a serious drink problem and has damaged the flat so badly it has caused a serious Health and Safety issue. The power points are hanging off the wall, the kitchen has evidence of a messy hob top fire and there is mold everywhere from lack of ventilation. On top of this I […]

I have a vague idea at the back of my mind that the council will give me more information about my LHA tenants if I get the to fill in and sign a form. Anyone know what its called – or am I dreaming? Cheers Allan

There comes a time for all parents to think “When are they going to leave home?” There also comes a time when all offspring think “When could I leave home?” and “Will bank of mum and dad help me?” The obvious answer for the Buy to Let Portfolio owner is “I’ll buy them a property […]