Rent arrears are every landlords worst nightmare.
One bad tenant can leave you unable to pay your mortgage with prospects of losing your property and possibly bankruptcy. Worse still the court system can take well over 6 months to achieve eviction! Continue reading How private landlords can beat the rent arrears problem
It seems to me to be very unfair that one can sell almost any other business asset and reinvest the money without having to pay CGT but NOT a Buy to Let!
Should we start a campaign for a legal change?!
I am sharing this story to warn people not to make the mistake I just did. Continue reading Call for CGT roll-over relief to apply to Buy to Let landlords
The House Crowd has now raised over £1 million of crowdfunded investment which has allowed for the revival of 15 properties in some of the North West’s most forgotten communities.
The Manchester-based company is well underway breathing life into the distressed and uninhabitable properties already in its portfolio, purchasing and refurbishing them to a high standard before renting at fair prices to those most in need of housing. Continue reading The House Crowd Raises £1 Million in Crowdfunding Success
There is no doubt that our sector is attracting the criminal elements, however, landlord regulation is not the answer.
Why would any person in their right mind choose to live in a bed in a shed, or a mouldy, over-crowded wreck of a property?
The answer is simple, they need a roof over their head and there is no other choice. Continue reading Landlord Regulation is NOT the Answer
I find the current tenants deposit protection schemes very time consuming and a waste of money, which all tenants sadly ultimately pay for through their rents.
I fully appreciate that a few tenants and a few landlords do give the other side a tough time hence understand why deposits need to be regulated if they are taken.
However, is there a better way to manage this area? How else can landlords get protection against tenants not paying their rent or damaging their property? Continue reading Tenants Deposit Protection – what are the alternatives?
I have issued a section 21 to one of my tenants because he fell behind with his rent.
He has promised to pay the arrears and keep up with the rent and asked me if I would cancel the notice. My question is this, If I dont cancel the notice but let him stay, can I hold it over him for future use or do they expire after so long?
You can use this in your excellent news letter if you wish,
Regards – Jack Craven. Continue reading Landlords Question about a Section 21 notice
Most of my properties have integrated appliances and where they don’t I’ve always purchased white goods outright as opposed to renting them. I treat white goods as part and parcel of the rental package I provide for tenants whether the property is advertised as furnished or not.
It has been interesting to read on this forum that some landlords don’t provide white goods at all. I’ve read a readers question about whether it’s the law to provide a cooker and another with lots of landlords debating whether it’s a good idea to provide a washer dryer. Continue reading White Goods Rental for Landlords – does it make sense?
I wonder if any of ‘s readers have experienced the same problems as I have in arranging a mortgage for a flat which is already occupied on a short term assured tenancy agreement.
Everything is in place and we had an offer from The Mortgage Works , then the problems started.
The Mortgage works offer is conditional on the tenants signing a new assured tenancy agreement
The vendors won’t let us approach the existing tenants . Continue reading Lending Merry-go-round – READERS QUESTION
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One in ten properties in the UK are delivering gross rental yields of 10% or more, according to Countrywide’s 2012 Lettings Index.
Rising rents and stabilising house prices are making rental yields highly attractive to buy to let investors, with an average yield of 6.2%.
The largest lettings network in the UK found that of all properties purchased and rented through Countrywide in 2012, approximately half achieved gross rental yields of more than 7%. Continue reading Ten percent yield for 1 in 10 buy to let properties