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Health and Safety Checks

Thought I send you my recent observation on H&S with fire prevention awareness week coming up shortly. I manage my properties and have been doing my pre-winter and H&S checks. I managed to see 6 tenants the other day so have now acquired few re…

Sole tenant wishes to move in adult son

My tenant wishes to move her 22 year old son into the accommodation on a permanent basis which on the face of it, I have no objections.
My management agent has suggested that this could be done by them drawing up a simple Licensee document and carry ou…

SDLT when buying out siblings inherited property

My mother-in-law has passed away leaving her house worth about £360,000. There is an outstanding equity release loan probably in the region of £180,000.
She has no other cash/assets. She has left everything (so just house and about £1000 in cash) bar a…

Good tenant exchange?

A friend who lives in South London is separating from his partner after a considerable time and although he is a middle-class, educated and solvent man in his fifties he is finding it difficult to secure a decent Flat against young couples with dual in…

Middlesbrough selective Licensing heads up

Seems like the council bosses want to implement another area for selective licensing without doing a proper consultation as far as I know
* I’m not a landlord yet 😉
Thought I give a heads up to other LL
Click Here for the link to the local Teesid…

A story for now and future generations to come

A skyline filled with cranes greets you on the approach to Birmingham.  This is a very real and exciting indication of the scale of rejuvenation taking place in the city, and the potential it holds. 
This past Saturday
The post A story for now and futu…

Rental cost and increases at record levels

In August, the number of tenants experiencing rent hikes increased to 40%, from 31% in July. This is the highest figure recorded since records began in January 2015 and the highest level every in August.
Year on year
The post Rental cost and increases …

Changes to Section 21 notices from October

On 1st October 2018, changes to the Section 21 Notice come into force for letting agents and landlords. This will require all Assured Shorthold Tenancies (ASTs), regardless of their start date, to comply with guidelines as to when and how a landlord ca…

Brooklands CF Bridging and Development Finance Seminar

Thank you very much to Malcolm and his team at Brooklands Commercial Finance along with Shawbrook Bank for running the seminar and using the Shawbrook offices in the heart of the City.
We started with a Mortgage and Lender Market Update in particular d…

Benefits of incorporating a rental property business with no mortgages

This case study is based on a Merchant Banker resident in Central London. For the benefit of his retirement and legacy planning he has been building a UK rental property business for several years, mainly within City.
Due to having no mortgages at all …

Bod’s decision on whether or not to incorporate his rental property business

Bod has a dilemma.
He is a portfolio landlord who is badly affected by the Section 24 restrictions on finance cost relief.
We have been friends on Facebook for a long while and Bod messages me regularly.
The post Bod’s decision on whether or not …

Urgent help needed on 1991 Building Reg compliance

I desperately need help with what to do with my shop that has self contained flats above re s157.
I have drawn a blank with anyone who can help me ascertain 1991 Building Reg compliance so I’m exempt from licensing.
The post Urgent help needed on 1991 …

Excessive charges for licence to underlet

Our 90 year lease requires us to obtain a licence to underlet each time we get a tenant.
The managing agent charges about 250 pounds and the lessor insists using their solicitor for a further £400 plus vat.
The post Excessive charges for licence to und…

Finance moving forward

Hi, A general question which I am sure has a simple answer but I would like to seek a range of views.
I currently have a few BTL’s on an interest only basis with mortgages currently running up to retirement age.
The post Finance moving forward ap…

Advice needed on re-finance of inherited properties?

I’m looking for some advice on how to re-finance 3 properties I have inherited.
My father passed away, leaving me a house and two flats. The lenders are looking for redemption. My only option if I would like to keep these properties with a view to BTL

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