News

At the danger of sounding like Mrs Osborne, there are surprisingly many of us speaking to the television in front of us while we watch the news. Right before last year’s summer holiday, George Osborne introduced yet another stealth tax on hardworking savers: he cancelled deductibility of interest for buy to let landlords. Complex to… Read more

The post George be honest or are the Conservatives are turning red? appeared first on Property118.com.

I would like some advice on what to do regarding the last months rent of my tenancy. I have rented a cottage for 17 months and for the entire tenancy I have had penetrating damp (confirmed by the Environmental health) in one of the bedrooms. I requeste…

I am currently renovating a property in a view to rent it out & I’m paying 150% per month council tax on it (this includes a 50% penalty for the property being unoccupied for 2 years even though I’ve only owned it 1 year) Can I offset this against my tax at the end of… Read more

The post Can I offset my Council Tax on a property being renovated? appeared first on Property118.com.

My brother and I have recently inherited a 45 year old property which was completely owned outright, it is in a nice area with good schools. The local estate agent say’s he has a waiting list of families waiting to rent or buy, he suggested some improvement tips to prepare the house which are estimated… Read more

The post How to prepare an inherited property? appeared first on Property118.com.

Hi veterans! I am preparing my first HMO property. There are plenty of options in the market for smoke and heat alarms. I was wondering if the veterans here can share information on which smoke and heat alarms you use in your HMOs? Cardiff Council gave…

3 person HMO on an AST. 1 tenant is moving out on the 11th March and another tenant is taking his place. Rent is currently due at the end of the month (preferred). Is it possible to amend the current agreement and ask the incoming and outgoing tenant t…

I have been an investor in the student HMO sector for over 10 years. My properties are all 100 yr + Victorian terraced houses. I invest a large amount of money each year on maintenance. Looking at the future and the slow but significant influx of purpose build student accommodation, should I be concerned? My… Read more

The post Purpose Build Student Accommodation VS HMOs – the future? appeared first on Property118.com.

I know that you cannot have an open vented gas appliance in a room used as a bedroom, but can you have an open fireplace? I have a three bedroom house with two reception rooms, and my tenant has asked if they can use the one reception room as a fourth …

Some time ago I asked for your views about purchasing the freehold of the development where we live. Your comments were very helpful. On the 21st December the solicitors, acting on behalf of the bank, served a notice pursuant to section 5 of the landlo…

My tenant has not paid any rent since Aug 15 and their AST expired on 31st October 2015. A Section 21 Notice was also provided to the Tenant in August to inform them that they must vacate the premises. The tenant then decided not to vacate at the end o…

I currently have 3 x 10 bed HMOs in Liverpool obtained via purchase or leased, I am doing a little self management as well as using an Agent (inc 10% fee) and Gumtree. have any landlords used Virtual Assistants VAs to get tenants and save time? Many th…

My partner is freeholder to a building – a shop and 2 flats. The flats are both owned by leaseholders and are both sub let. The flats have access to a shared bin store. A neighbour has been complaining that bin bags are left in the store and never put out for collection. They smell,… Read more

The post Liable for rubbish left probably by sub let tenant appeared first on Property118.com.

Myself and my fiancee rent in London and due to the astronomical property prices here, we decided in Dec 2014 to purchase a buy-to-let residential investment in Northern Ireland. It completed in April 2015. We’re now in the process of buying our first residential home together in NI also with a view of moving back… Read more

The post Stamp Duty extra 3% – Do I pay flow chart appeared first on Property118.com.