News

From 1st April 2016, tenants have the right to request consent from their landlords to make energy-saving improvements for the properties they rent. Landlords will not be able to refuse their consent without good reason, but tenants will need to ensure that they have a way of funding improvements at no cost to the landlord, unless… Read more

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I had an offer or £295000 accepted on a 2 bed flat in North London on 12th January 2016. I thought I would have plenty of time to complete by the 31st March stamp duty deadline! However due to the incompetence of the estate agents in house broker and the vendor who took weeks/months to… Read more

The post Stamp duty deadline missed due to vendor dragging feet appeared first on Property118.com.

I am seeking advice on what happens when a tenant decides to leave a property (HMO) when the remaining 3 tenants decide to stay on. There is no other tenant moving in, but the tenant moving out would like to be removed from the tenancy agreement. I have heard of a ‘Deed of Surrender’ and… Read more

The post One tenant wants to leave my HMO appeared first on Property118.com.

I sold a BTL property in January 2016, which I had had since 1998. I believe that Taper Relief was replaced by Entrepreneurs Relief. Is ER available to reduce the capital gains tax liability on the profit realised from selling the BTL property? Many th…

After ten years of successful business dealings my letting agent has suddenly stopped forwarding the rent money. I confirm that this has been paid by the tenants. The letting agency asked for time to get matters in order, asked for three months. Due to…

A report by Lendinvest indicated that out of 105 post code areas 14 had and average house price below £125,000. This will mean that with the 3% surcharge on Stamp Duty for second properties below this figure coming into effect from the 1st of April that landlords looking to purchase in these areas will pay… Read more

The post Landlords purchasing in 13% of the country will pay stamp duty for the first time appeared first on Property118.com.

I currently own my own house in England, where a very good friend stays with me as a lodger. I also have a (very) modest BTL portfolio of one other property in the same area, which I would eventually like to add to. Both properties are mortgaged. In ar…

Firstly I must state I am not a BLT landlord and nor do I see myself making my millions from letting properties. My girlfriend and I live in separate properties and she has recently fallen pregnant so I’ve decided to move into her property to help support her during the pregnancy and bring up our… Read more

The post Accidental landlord needs help appeared first on Property118.com.

I would like to know if I have a case or not. In short, I’m an overseas landlord so employ a lettings agency to manage my property. I had a new boiler fitted a few years back and had nothing but issues with it. The agents brought in workmen after workmen and I paid and… Read more

The post From Overseas to Overwrought appeared first on Property118.com.

I inherited a tenant who has been in situ since 2011. An annual Agreement is signed each year for a following 12 months. A recent inspection has found numerous breaches of the Agreement, some of which had been advised as remedied by the Tenant. Quite f…