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Have I been scammed into Leasehold?

I have just purchased a house from an auction and the legal pack said the house was Freehold, even Land Registry right now says the house is Freehold
However, only one day before the auction, the auctioneers put a document in the legal pack saying it h…

To Self or not to Self-manage – The consequences of getting it wrong

I have spent many years presenting seminars, tutorials and more recently online webinars about the Buy to Let business, but one of the most common questions I’m asked is ‘should I self-manage or not.
I now have an online course aimed at the more inexpe…

Who can I remortgage regulated tenancy with?

Hi, I am interested in buying a regulated tenancy property that has had the same tenant since 1975. I am looking to take out a Buy to Let with a much higher interest rate to do this.
However
The post Who can I remortgage regulated tenancy with? appeare…

Have you paid a problem tenant to leave?

My name’s Melissa Lawford and I’m the property correspondent at The Telegraph. We’re running a story on a report which says that some landlords who are worried about the slow and restrictive eviction process have tried to pay problem …

83% of PRS tenants are happy with their homes

Figures from the English Housing Survey for 2019/20 report that 83% of private renters were satisfied with their current accommodation, a figure that has remained constant over the past 10 years.
In comparison, the proportion of social renters satisfie…

Are you a property voyeur?

Research by viewings platform, U-See Homes, has indicated half of UK homebuyers admit to being virtual property voyeurs, viewing a property online without the intention of buying, with 16% going as far as viewing in person.
However
The post Are you a p…

Average UK rent breaks £1000 barrier for the first time

The HomeLet rental index for June is reporting the average rent in the UK is now at a record high of £1,007 pcm, up 5.9% on the same time last year, and up 9% on June 2019.
Despite adversity
The post Average UK rent breaks £1000 barrier for the first t…

RICS hopes Building Safety Bill is a step change

RICS responded to the publication of the amended Building Safety Bill for England saying the Government’s proposals, alongside the publication of the Fire Safety Act earlier this year, should ensure that this country never allows a tragedy like G…

Sales (demand) still outstripping new stock (supply)

As the stamp duty holiday price threshold drops in England, Northern Ireland and Wales, housing market demand remains above pre-pandemic levels and a record sale to stock ratio for agents has contributed to the 13.4% annual house price increase in June…

Average house price inflation cools 0.5% as Stamp Duty holiday incentive eases

The latest Halifax House Price Index reports annual price inflation of 8.8% compared to 9.6% in May and the average UK property price now stands at £260,358.
Regions and nations house prices:
Whilst the two Midlands regions and Greater London saw sligh…

UK rents rise overall with the London the exception

For the UK as a whole, there has been an increase in average monthly rent from £782 to £804 (£22 or 2.81%) between Q2 2020 and Q2 2021.
However, in the latest edition of its quarterly Rent Index the DPS revealed that the average monthly cost of renting…

If you own a second or holiday home Wales is coming for you

The Welsh Government has announced a new plan they say has ‘fairness at its heart’ to ensure everyone in Wales can have access to good quality, affordable housing.
The three-pronged plan will focus on: – Support – addressing aff…

A kinder way to deal with tenants who are not paying rent

When faced with non-paying tenants, most landlords tend to think of eviction.  However, this is a dreadful solution just now:
For landlords, it means a stressful and often expensive court claim, which could take up to a year or more to complete
The pos…

A kinder way to deal with tenants who are not paying rent

When faced with non-paying tenants, most landlords tend to think of eviction.  However, this is a dreadful solution just now:
For landlords, it means a stressful and often expensive court claim, which could take up to a year or more to complete
The pos…

Live-in Landlord Tax – personal use adjustments?

I am a live-in Landlord and the property is a licensed HMO. I rent out 5 bedrooms and have 1 for myself.
Does anybody have any idea how much personal use adjustments I should make for tax purposes.
The post Live-in Landlord Tax – personal use adj…

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