In my previous commercial finance blog I spoke about the cost of finance post credit crunch. This time my question is; would you rather go bust than deal with greedy bankers? It seems like a bit of a daft question doesn’t it? Why is it then that one of the reasons UK businesses are not […]

I wonder if anyone can give me advice on what they might do in my position over a potential tenants notice period dispute? I’ve had good tenants in a house for about four years who recently told me that they might be looking for a larger property in the near future, but that there was […]

Rightmove have released their forecasts for the private rental market for 2013. The following is a summary report and their full report can also be downloaded from here.

My business partner and Founder of Property118, Mark Alexander, recently gave a 20 minute keynote speech to a group of start up technology businesses based in Norfolk. In this video (below) Mark explains how he built his property portfolio and how he went from being a Corporate YUPPIE in the 1980’s to working from his […]

I find myself spoilt for choice with good tenants today 🙂 My brother has been over to Wolverhampton to sort out a quick refurb on a property which we need to turn around quickly between tenancies.  Four of my family managed to redecorate the whole house and fix a few things within a day. Good […]

I have just received an email from an Oxford based tenant who may have fallen foul of HMO regulations. I’m not sure how to answer his questions so I have posted his email below. Just in case you don’t know, selective licencing in Oxford renders a property with three or more unrelated tenants liable for […]

The appointment of Mark Carney as the new Bank of England Governor is the first time in the Bank’s 318 year history that a foreign citizen has taken the position, and the first time that the role had been advertised. However lets cut to the chase, what Landlords and borrowers really want to know is […]

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We have received a “Readers Question” from a landlord called Cissie asking whether her friend ought to purchase landlords liability insurance for his flat even though the freeholder insures the buildings. Cissie wrote:- 

There is a new and clever credit card scam – be wary of those who come bearing gifts. Please share this with everyone you know, especially your family and friends. You can share via Facebook, Twitter and email using the icons at the foot of this article. This credit card scam happened to someone a […]

I have a few flats in South Tyneside, some of which are known to have been built on watercourses and have a damp problem ….  the phrase “I wish I’d know that when I bought it”, springs to mind. One in particular in South Shields is giving me problems with damp, furry clothes and mould […]

Alex has written in to ask other landlords what they would do if faced with a similar scenario of a BMV deal gone wrong. BMV means “Below Market value” by the way, just in case you didn’t know. “I purchased a 2 bed flat (67 years left on the Lease) which was repossessed. I purchased for £80,000 […]

We like landlords stories here at Property118 – Thanks for sharing this fishy tale of a tenant who flooded a property goes to landlord Craig Green Chris told us:- “We have a converted Victorian town hose on three floors and a basement, converted to flats in the 1930s.  We started as tenants in the top […]

I have a number of investment properties in central London and I am contemplating selling some. There doesn’t seem to be any central portal (like Rightmove etc) for the sale of investment properties and the local agents that I have spoken to don’t seem to have much of a grasp,of this market. Given the number […]

I may be the softest landlord on the planet but I am concerned about the well-being of 2 of my tenants who I have to finally evict.  They have lived in the house for many years but are seriously in arrears and don’t seem to have the ability to help themselves.  I have even enlisted Christians […]

The Great North Property Auction for December 2012 is almost here!  There are 57 properties going under the hammer from £14,950 – £329,950.

The following guide provides a run-down of the areas of a home that are most at risk of being damaged in winter and acts as a handy checklist of Winter Letting Tips for landlords who needs to prepare a home for letting during this time.

What’s so special about Buy to Let deals in Northampton you might ask. Decent buy to let deals in Northampton are typically priced between £70,000 and £125,000, offering sensible yields of 6% to 10% and good properties are in constant high demand from tenants. A few years ago my family decided to spread our risks as all […]

As promised, following my last article, I wanted to give you some tips on how to avoid cannabis factories. A cannabis factory is simply changing part or all of a home to grow cannabis plants. Plants are kept in potting tubs, set out in rows, requiring lots of artificial sunlight to grow. Given that one […]

In my last blog about Commercial Lending Facilities I talked about my recent experience at the National Association of Commercial Finance brokers 20th Anniversary Celebrations. I know for sure that many people will be shocked at my revelations that there are over 30 lenders currently providing property development finance and more so that the majority of them […]

Hello all I am a subscriber of Property118 but cannot find the correct page to ask my fellow readers about a dilemma……… Last year I privately rented my house to a tenant.  He put his name down as a single tenant and paid his council tax as normal.