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Help! I can’t find a suitable short let tenancy agreement.

I am hoping to let my property for 2 months while it is on the market to sell. Bills will be included but it will not be furnished. I know that you can use an AST for shorter than 6 months but this does not protect me against a tenant wanting to stay o…

Burnley – Yield of Dreams

Analysing average rental yields across UK local authorities, properties in Burnley in Lancashire offer the best returns for landlords with an annualised rental yield of 7.1%. With average house price values in the town at £76,300 and annual rents of £5…

Virgin Money now providing BTL for portfolio landlords

New criteria is in from Virgin Money who will now lend to ‘Portfolio’ Buy to Let Landlords. Portfolio landlords are defined by having 4 or more mortgaged rental properties including the property they are making the application for.
Portfoli…

Virgin Money now providing BTL for portfolio landlords

New criteria is in from Virgin Money who will now lend to ‘Portfolio’ Buy to Let Landlords. Portfolio landlords are defined by having 4 or more mortgaged rental properties including the property they are making the application for.
Portfoli…

Can’t start eviction without the new “How to Rent Guide”

A new version of “How to Rent Guide” (England) was published 26th June 2018. Landlords cannot start eviction proceedings under the section 21 route unless the tenant has been provided with the up-to-date version of the guide.
The purpose of the “How to…

CGT and IHT guidance for unmarried couple with 2 residences?

I was just chatting to a friend following a funeral today. She has been with her partner for 30+ years, but they are not married (and have no children). She owns an unencumbered holiday cottage in the country which they only use for themselves (not FHL…

CGT and IHT guidance for unmarried couple with 2 residences?

I was just chatting to a friend following a funeral today. She has been with her partner for 30+ years, but they are not married (and have no children). She owns an unencumbered holiday cottage in the country which they only use for themselves (not FHL…

FAO of Esther McVey – Complaint referral to ICE

Universal Credit tenant is to be made homeless because the DWP don’t reply. Comply with your rules and pay Landlord directly. How hard is that?
Dear Esther & ICE,
I have a tenant who has been with me approx 14 years.
The post FAO of Esther Mc…

Annual housing market summer slowdown

NAEA Propertymark is issuing its May Housing Report and Mark Hayward, Chief Executive, said:
“We see this every year. House hunters desperate to get their offer accepted, and sellers on a mission to find suitable buyers, flock the market in May.
The po…

Tenant seems to have done a runner – what can I do?

I had a tenant on a standard AST – min 6 months changing to periodic after 12 months. They appear to have left the property after 6 months without notifying the agent or returning the keys.
Agent didn’t even tell me they weren’t payin…

Structuring BTL portfolio business?

I am taking the plunge into BTL and planning to build a property portfolio over 8 years. I would like to get general opinions and people with more experience about my business plan going forward.
Background:-
1.
The post Structuring BTL portfolio busin…

ExPat BTL Mortgages for UK Properties

I would like some advice or guidance on the matter of Expat mortgages. I am a British National and have lived and worked outside of the UK for over 20 years. I already have a small portfolio of 5 x BTL’s in the UK and have had these for approx.
T…

New ‘How to Rent’ Guide!

I’ve done a couple of tenancies today and the ‘How to Rent’ guide this has changed in the last 20 minutes!
I wonder what would happen if I had actually signed both of these tenants up today with one before the change and one after?
The post…

Fabulous Crewe town house investment – 6.7% gross yield

We are delighted to bring Property118 investors a fantastic opportunity to purchase a fabulous new build 3 bed, 3 storey town house, within a lovely mixed development of town houses and apartments in Heathfield, Crewe.
We have been able to secure 10% o…

Onward’s paper “Green, pleasant and affordable” is incredible, unfortunately

Onward has published its first policy paper, “Green, pleasant and affordable”..  It was written by Neil O’Brien, who has been an MP since June 2017.  He is a Conservative, believe it or not.
His attack on BTL is only a small part of the paper
The…

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