Page 863 – Property118

Precise Mortgages launch Bridge to Let product

17th June 2013

The intermediary only lender Precise Mortgages has today launched the Uk’s only true Bridge to Let Product for development and refurbishment BuytoLet projects. If  you take out a Bridging loan with Precise Mortgages you will now be able to switch it into one of their Bridge to Let products (effectively a Buy to Let loan) […]

Superstrike Ltd vs Rodrigues Tenancy Deposit Protection Court of Appeal

16th June 2013

My reading of a recent Court of Appeal ruling (Superstrike Ltd vs Rodrigues) is that thousands of possession orders may have been granted in error due to lack of clarity in Tenancy Deposit Protection legislation. What’s worse is that the vast majority of landlords may have inadvertently broken the law and face bankruptcy! Scary stuff hey?! […]

Fine & Country vs Spicer Haart legal dispute – Court of Appeal ruling

14th June 2013

The Royal Courts of Justice The Court of Appeal upheld the judgement that Spicerhaart were guilty of “passing off” and had infringed Fine & Country’s registered trade marks by adopting and using the FINE brand. Lord Justice Lewison upheld Mr Justice Hildyard’s decision that Spicerhaart had knowingly taken a risk in trading on the coattails of […]

Filthy tenants miss out on new freebie boiler

14th June 2013

Seeing is believing! These pictures tell a thousand words.     I recently managed to get an ECO grant for several of my houses to get a brand new boiler fitted free under the Affordable Warmth scheme. However, the fitters refused to enter one of my properties due to the state of the place as […]

R.I.P. Geoffrey Cutting – former NLA President

14th June 2013

R.I.P. Geoffrey Cutting, President of the National Landlords Association. Property118 readers and landlords throughout the UK will be devastated to hear that Geoffrey Cutting, the NLA president passed away yesterday (13 June 2013) aged 88. He is survived by his wife Barbro, two of his four children and three grandchildren. Geoffrey Cutting was a modest and pragmatic […]

Property deals to be done in Salford Manchester

13th June 2013

Salford has a strong rental demand; professional workers like the easy access to the City of Manchester and there continues to be strong rental demand from Salford university students. Students tend to like renting 2 or 3 bed properties near Salford University and one area that seems to be popular with students is the M3 […]

Tenancy agreements – Essential information

13th June 2013

So you have sourced your ideal tenancy agreement and have found a suitable tenant.  Lets take a look at the information you need to put in your tenancy agreement. The property It sounds obvious, but you need to correctly describe the property being let.  This is particularly important if you are renting a room in […]

Who is responsible for the Tenants rubbish?

13th June 2013

I have a Housing Benefit tenant who bags up her domestic rubbish and then throws it into the back yard of the property to join the old three piece suite in there as well. Despite my numerous requests to desist this behaviour she persists in doing this.

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Second charge BuytoLet loans via Shawbrook

12th June 2013

I received an email today from Shawbrook outlining their Secured BuytoLet Loans which on first glance I nearly ignored as I normally do for other second charge lenders. On second thought though it struck me that I get a lot of questions from readers who would like to raise equity, but either do not want […]

Letting Agent in Oxford – Ask Me Anything

12th June 2013

My name is Mark Crampton-Smith, I am a letting agent in Oxford – “ask me anything” I am a member of ARLA, SAFEagent and The Property Ombudsman redress scheme. I am also a landlord. I am responsible for letting and managing nearly 400 units, of which 170 are HMO’s Please feel free to ask me […]

Taking over the management from my agent

12th June 2013

Hello all, Ive recently taken over the management of some of my houses from a letting agent. I’ve received monies which are the tenants deposits with instruction from agent to put in a Deposit protection scheme. Can I use these deposits as “rent in advance”. Would I need to have new shorthold tenancy agreements? Thanks for […]

Consent to let dilemma

11th June 2013

Can you help me with my “Consent To Let” dilemma please? I own a small property portfolio, 4 buy to let property, one property I own as tenants in common with my grandfather (no mortgage on this property) and one residential property that I currently reside in (since Sept 12). Due to changes in my […]

Is landlord licensing a pointless exercise?

11th June 2013

It’s time for me to share some controversial views on why I believe landlord licensing to be a pointless exercise I think. Now don’t get me wrong, I hate the fact that a very small minority of bad landlords have earned our profession a bad reputation. However, it appears they might be a necessary evil […]

Tenant Information Pack – Scotland

11th June 2013

Since 1st May 2013 landlords in Scotland have had a new statutory obligation to give new tenants a Tenant Information Pack, before the start of the tenancy, setting out key information about – the status of the tenancy the tenancy agreement the property the landlord the landlord’s and the tenant’s responsibilities Responsible landlords and agents […]

Ask me anything – I am a ….

11th June 2013

Property118.com is recently created a new group of forums called “Ask Me Anything” These forums are hosted exclusively by Property118 Members who are experienced and qualified experts in a particular field relating to property. By way of examples, the forums might be called …..

First Timer – Let to Buy

10th June 2013

I bought a one bed flat in North London a few years ago to live in with my partner. Recently we purchased our first flat together and have moved into it. I was able to secure the new mortgage partly based on the projected income from the old property – I believe this is known […]

Student Flats Investment Opportunity – University of Bolton

10th June 2013

With 5 applications to every 1 place at the University of Bolton, this Greater Manchester suburb is in urgent need of purpose-built student accommodation, something which Trinity Church is uniquely designed for. Comprised of 82 individual flats, this former church and Grade II listed building will undergo an extensive refurbishment to convert it into high-end, […]

Google News publisher (UK property sector) seeks guest articles

10th June 2013

As an official Google News publisher we are always keen to publish guest articles which our readership (predominantly UK based landlords and letting agents) would consider to be informative.  We have a very long list of topics for new articles so if you are interested and would like to know more please complete the form below.

The GOOD Landlords Campaign

Bill Loryman of HMOTAX Ltd Northampton

10th June 2013

Bill Loryman of HMOTAX Ltd Northampton I am not a landlord, however I do want to support The GOOD Landlords Campaign and welcome the opportunity to network with members. All business property owners including HMO’s, multi-lets and holiday lets are entitled to claim the Capital Allowances that are in the fabric of every commercial property. […]

Dont panic, woodworm wont make your house fall down

8th June 2013

Have you ever wondered why old wood worm holes are often visible in floor boards  yet there is no history of treatment? Probably not but I will tell you anyway. Woodworm (of which there are many forms from common furniture to the dreaded deathwatch beetle) eventually dies off when the wood dries and provided the […]

BM solutions logo

BM Solutions scraps minimum income rules on buy to let mortgages

7th June 2013

BM Solutions, the leading BTL lender from the Lloyds Banking Group, has removed its minimum income requirements for all buy-to-let products in its range. As from Monday 10th June, Birmingham Midshires will finally be joining a handful of other lenders by providing experienced property investors with BTL mortgages without the need to satisfy any minimum […]