Feed aggregator

Timing is everything for landlords!

Property 118 - 26 February 2014 - 6:28pm

This article serves as a warning to all landlords who haven’t put Lasting Powers of Attorney in place. What a coincidence given my recent articles on Property118! Last week saw me visit three nursing homes following “we know it’s been left late, but can you now arrange LPAs for….” type calls from the families.  I admit... Read more

The post Timing is everything for landlords! appeared first on Property118.com.

Categories: News feeds

Negative equity advice wanted

Property 118 - 26 February 2014 - 6:09pm

I have two apartments bought a the top of the market which now have £30k negative equity. With mortgages, ground rent and service charges etc. I’m losing £100 each property every month. I have 10 years left on the mortgages.  Should I just hope for the best? Thanks Mark

The post Negative equity advice wanted appeared first on Property118.com.

Categories: News feeds

Which Commercial lenders are hungry for business?

Property 118 - 26 February 2014 - 10:28am

Did you know that commercial lenders have three main categories of manager called Hunters, Farmers and Retailers? This is very relevant if your business is dependent upon knowing which commercial lenders are hungry for business. Before I explain, please allow me to introduce myself. My name is Cliff Verrill, I’m a commercial finance broker and previously worked... Read more

The post Which Commercial lenders are hungry for business? appeared first on Property118.com.

Categories: News feeds

Extortionate quote for a new gas supply

Property 118 - 26 February 2014 - 10:05am

We are trying to get a gas supply to a cottage and a flat. The flat is above, and at the back, of a shop and they are both accessed via an alleyway between two shops, and a courtyard. We own the alley way and the courtyard. Having researched on line it seems that if... Read more

The post Extortionate quote for a new gas supply appeared first on Property118.com.

Categories: News feeds

Referencing Agencies – Letting Agents – Duty of Care

Property 118 - 26 February 2014 - 9:37am

We used a Letting Agency to source a tenant, the criteria was a working person, suitable for insurance to secure the rent monies, and that referencing materials to be passed to us prior to the tenancy so that any queries, if any, raised by us, could be addressed. Tenant actually took occupation just before Christmas... Read more

The post Referencing Agencies – Letting Agents – Duty of Care appeared first on Property118.com.

Categories: News feeds

NLA or RLA – which is better?

Property 118 - 25 February 2014 - 7:22pm

If you were only able to join either the NLA or the RLA, who which would you choose and why? I appreciate this is slightly subjective as different people will want different things from these landlords associations but I just wondered what peoples thoughts were and what they thought in particular differentiated them, if at... Read more

The post NLA or RLA – which is better? appeared first on Property118.com.

Categories: News feeds

Tax Relief on BTL Mortgage Interest – Will It Last?

Property 118 - 25 February 2014 - 4:49pm

Hi Folks, I curently have one property and am advising my sister who has become an accidental landlord. My mum keeps sticking her oar in to the debate regarding speculation that tax relief on mortgage intertest will be reduced or withdrawn. I can find loads articles related to last years budget but the subject seems... Read more

The post Tax Relief on BTL Mortgage Interest – Will It Last? appeared first on Property118.com.

Categories: News feeds

HELP! My 1st buy-to-let?

Property 118 - 25 February 2014 - 12:36pm

Hi all, I really need your help with a one bedroom flat I am interested in. It is located in South East London, SE6 1NA. This may be my first buy-to-let property, and I am not really sure of how to proceed or if I should even proceed, honestly. Here are some facts about the... Read more

The post HELP! My 1st buy-to-let? appeared first on Property118.com.

Categories: News feeds

Deposit dispute handling courses available for Letting Agents

Property 118 - 25 February 2014 - 12:21pm

Mydeposits is hosting introductory courses for letting agents in order to help them better deal with their tenant’s deposit disputes. The informative, hands-on seminars will provide letting agent professionals with a deeper understanding of the alternative dispute resolution (ADR) process and will be delivered by experienced adjudicators. ADR is offered to letting agents and tenants... Read more

The post Deposit dispute handling courses available for Letting Agents appeared first on Property118.com.

Categories: News feeds

Luxury Buy to Let apartments – Belem Tower Liverpool

Property 118 - 25 February 2014 - 11:44am

Belem Tower is a luxury development with rental yields from 10.33% and prices from £79,044. There are 1, 2 and 3 bedroom apartments available in Sefton Park offering stunning panoramic views across the Park, the River Mersey and the distant Welsh Hills. Also benefiting from having a central location, Belem is only 10 minutes from... Read more

The post Luxury Buy to Let apartments – Belem Tower Liverpool appeared first on Property118.com.

Categories: News feeds

Tenant stops cheque after leaving property

Property 118 - 25 February 2014 - 9:59am

My tenant of 5 yrs gave notice to me on 15th Jan. Her rent day was 30th of month and she gave her leaving date of 28th Feb. Tenant did not give written notice, she told me by phone, but I confirmed by letter that I had received her notice and her leaving date was... Read more

The post Tenant stops cheque after leaving property appeared first on Property118.com.

Categories: News feeds

Buy to Let Warning – Name of street can affect capital appreciation

Property 118 - 24 February 2014 - 2:03pm

Properties on rudely named streets according to a new survey are worth on average £84,000 less than other streets in the same neighborhood. 60% said they would be put off buying a home with an unfortunate street name, this should be of serious consideration when purchasing any investment property. From Crotch Crescent to Minge Lane,... Read more

The post Buy to Let Warning – Name of street can affect capital appreciation appeared first on Property118.com.

Categories: News feeds

Can my leasehold tenant do that?

Property 118 - 24 February 2014 - 1:37pm

I own the freehold to a residential property. The tenant occupies the property under the terms of a lease dated 27th May 1895. He has made structural alterations without landlords’ consent. I have checked my copy of the lease between us, and there no mention at all about seeking landlords’ consent for structural alterations.  Before taking... Read more

The post Can my leasehold tenant do that? appeared first on Property118.com.

Categories: News feeds

ROI calculation, which do you use?

Property 118 - 24 February 2014 - 12:58pm

I’m preparing some spreadsheets to identify which local properties might offer good returns on investment but I’m getting conflicting advice on how to calculate that return.  I’ve been told that 8% is the minimum ROI, 10% is good, 12%+ great. However the calculations i’m getting from existing BTL investors, books and the interweb are conflicting.... Read more

The post ROI calculation, which do you use? appeared first on Property118.com.

Categories: News feeds

Sharing The Wealth – Minimising CGT and IHT

Property 118 - 24 February 2014 - 10:21am

I am exploring ways to share the wealth and minimise CGT and IHT I hold a profitable portfolio of some 18 investment properties…  More than half were purchased in 1997. Most have appreciated in capital value.  The rental stream gives a net profit in excess of £75,000 pa About two years ago I purchased a... Read more

The post Sharing The Wealth – Minimising CGT and IHT appeared first on Property118.com.

Categories: News feeds

Expense or Capital Costs

Property 118 - 24 February 2014 - 9:51am

I am in the process of purchasing a property, it is currently tenanted but the property is being sold with vacant possession. Given the age of the property (~ 110 years old) I have had a full building survey completed. Based on this I am looking to undertake the following works:  Improve damp protection &... Read more

The post Expense or Capital Costs appeared first on Property118.com.

Categories: News feeds

How does shared ownership work?

Property 118 - 22 February 2014 - 9:19am

Could a private landlord put together a shared ownership scheme similar to those offered by Housing Associations? This question was raised by one of our members who came up with the idea of selling 10% of his property every year to one of his tenants. I explained that it would be incredibly difficult to make... Read more

The post How does shared ownership work? appeared first on Property118.com.

Categories: News feeds

Offset mortgage can provide instant access war chests for Buy to Let investors

Property 118 - 21 February 2014 - 2:37pm

Recently a Property118 reader remortgaged his own main residence using an Offset mortgage. It was valued at £700k and he capital raised a further £300k (bringing his mortgage to a new total of £450k). He then placed the £300,000 equity released in to the mortgage-linked offset savings account. By doing this he is still only... Read more

The post Offset mortgage can provide instant access war chests for Buy to Let investors appeared first on Property118.com.

Categories: News feeds

When death and taxation becomes the least of worries

Property 118 - 20 February 2014 - 2:58pm

I recently spent a lot of time exploring Property118 and reading new and past articles, and I have to say the site content and its member’s contributions are very impressive. I don’t know of another site that offers as much, or one wherein the members so readily help and support one another. When you combine... Read more

The post When death and taxation becomes the least of worries appeared first on Property118.com.

Categories: News feeds

Deed of Surrender – Landlord and Tenant Q&A

Property 118 - 20 February 2014 - 2:41pm

Dear Readers, If a tenant signs a tenancy surrender form (Deed of Surrender), but subsequently changes their mind and refuses to move out or return the keys, is the landlord legally allowed to change the locks and deny the tenant access? Would this then be in breach of the Protection from Eviction Act? Putting it... Read more

The post Deed of Surrender – Landlord and Tenant Q&A appeared first on Property118.com.

Categories: News feeds
Syndicate content

 

 

Not a Landlord Law Member - Join Now