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Cheap expat mortgages for UK landlords living abroad?

Hi, I own 5 mortgaged rental properties in the UK. Since I am now living abroad I am concerned that when the mortgages are up for renewal, I will not be able to borrow at competitive rates.
I can only find a few lenders who will lend to expats and the …

Is there still value from incorporating where no bank borrowings?

Hi, Is there value from incorporating a buy to let portfolio where there are no bank borrowings?
We have a small portfolio of three let houses and an industrial yard with no borrowings and the total value is about £1m and the rentals are about £50k pa.

Carbon monoxide alarms – balanced flue boilers?

Hi Guys and Gals,
Can’t find a clear answer to “is a CO2 detector required for a modern balanced flue combination gas boiler installed in a purpose-built cupboard on a landing?”.
Some say yes and some say no.

What counts as a new tenancy?

Hello, The government states that landlord must ensure that smoke and CO2 alarms are tested and are in working order at the start of a new tenancy.
It states that a renewed of previous tenancy does not count as a new tenancy.

What are fair cancellation terms in Letting Agency contract?

Dear All, I currently have 3 HMO’s managed by a letting agent who I have been with for nearly 11 years. The owner of the business has sold the company to another local agent. I was notified in writing this past Saturday (The current owner did cal…

What are fair cancellation terms in Letting Agency contract?

Dear All, I currently have 3 HMO’s managed by a letting agent who I have been with for nearly 11 years. The owner of the business has sold the company to another local agent. I was notified in writing this past Saturday (The current owner did cal…

Ground rent notice not received by 18 lease holders?

Long story short, we had a new landlord who was late sending the march ground rent out and 18 leaseholders did not receive it. We did not know who the new landlord was or any payment details.
We made a joint complaint to PDC (property debt collection) …

Council tax on uninhabitable property driving me crazy?

Hi all, This situation is causing me real stress and I’m not sure where to turn.
I bought a property to completely renovate. I told the council that it would be empty and a valuation officer visited on the 8th of April and confirmed that as there was a…

Transferring property back to myself?

Hello, Can you please advise the best way to transfer my flat back to me now?
In 2005 I bought my first one-bedroom flat for £265,00.00 getting a mortgage of £238,075.00
2007 I got married and bought a new 2-bedroom apartment with my husband for £440,0…

Selling an HMO?

Hello, We’re thinking of selling a fully tenanted and licensed 5 bed HMO in Aylesbury.
Does anyone have any experience of this process and options to sell with tenants in situ?
We’re aware of Vesta and are waiting for a call back from them.

Letting agency contract

Hi, Since 2004, I’ve rented out a property using a national letting agency.
They introduced the tenant, who is still there, and since 2004 they have charged me 8% just to collect the rent.
I want to continue with the same tenant but end the contr…

Questions with an inherited property

Hi, I have inherited a property worth £900k with no mortgage. I am converting the house into two flats, I have planning permission and I plan to rent out both flats after the work.
I plan to get a development loan and after the work

Can I withhold service charges?

On June 4 2022 , the communal roof of my 7th floor apartment which I rent out was breached by rain water causing damage.
The event was a major inconvenience to my tenant who had to vacate the premises for a time.

Tenant find service only

Hi, Is it possible for an agent to only find you a tenant and reference them on your behalf – or do you have to be tied into using their AST too?
I have used an agent in the past but she insisted on using her AST and not mine (which seemed far mo…

Over charge mortgage assessment needed

Hi, I wish to have my mortgage statement audited because I think I have been overcharged.
I wonder if anyone can share their experience and company they used?
Thank you.
Nam

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