Readers Question

Ending an AST Agreement

Ending an AST Agreement...

Hi All, Simple question which I guess a lots of people must have asked in the past. I have a council tenant who is renting my house. He has signed a AST agreement which expires on 24th April 2014.

Returns for Joint Venture Property Partners

Returns for Joint Venture Property Partners...

I have a portfolio of ‘vanilla’ BTL properties with 70% mortgages on interest only basis. I have have come to a point where my investment fund is dwindling and there is no more equity to release.

How many buy to lets can I buy?

How many buy to lets can I buy?

Does any one know the current limits on how many buy to lets/how much one can spend, before the big lenders pull the plug? I know some say you can have ‘3 buy to lets’ or ‘9 buy to lets’...

How would you invest £500k?

How would you invest £500k?

Dear community Having recently joined this group and fairly new to looking at property as a way to replace the day job (and salary), I’m interested to hear from experienced investors on how you would...

Are carbon monoxide sensors a legal requirement in tenanted properties?

Are carbon monoxide sensors a legal requirement in tenanted properties?

Question from Matt Does anyone know if its the landlords responsibility to supply a carbon monoxide sensor, in particular, when the boiler is in a bedroom? Response from Mark Alexander I am not aware of...

Residential and commercial in one?

Residential and commercial in one?

I’m a buy-to-let landlord of one property (should be two in a couple of weeks). My wife came across another potential investment online yesterday. The property is a 3 bed detached house set back...

Why has supply of properties dropped?

Why has supply of properties dropped?

Does anyone have any suggestions as to why the supply of new properties for sale in London has has reduced by 85% or more in the last 4 or 5 months? Even Estate agents can’t believe the drop in new...

Buying a property with a lifetime tenancy

Buying a property with a lifetime tenancy...

Hi all, I have been looking at sales particulars for 3 bed house which is subject to a lifetime tenancy. It is valued at £195,000 with vacant possession and is for sale for £82,000. I would very much...

Calculating rent arrears when dealing with partial payments

Calculating rent arrears when dealing with partial payments...

How do I work out when a tenant hits the ‘2 months arrears’ threshold that allows for the serving of a section 8 notice citing ground 8 “substantial areas? Consider an AST requiring a...

Check out report – can a landlord insist on being there?

Check out report – can a landlord insist on being there?

We are about to check out at the end of a tenancy. The landlord is insisting that he attends the checkout inspection. We feel this will produce a potentially confrontational situation and do not want to...

Property developing VAT

Property developing VAT...

I know this site is mainly for renting, but a lot of landlords also flip properties so may be able to help. If I was to buy, modernise and sell 3 properties each worth £100k in a year...

Maximising Cheap Mortgage Funds

Maximising Cheap Mortgage Funds...

Hello All, Just a quick one. I’m keen to get some opinions on the way forward. I currently have one buy to let, Value £120,000 , Mort £100,000 and I would like another one /two.

Why don’t agents use ‘bad tenant’ databases?

Why don’t agents use ‘bad tenant’ databases?

I’ve discovered that a tenant I’m currently trying to remove is already registered on a ‘bad tenant’ database. I’ve done a quick straw-poll with some of my regular agents and discovered that...

Noisey tenants are putting my HMO Licence at risk

Noisey tenants are putting my HMO Licence at risk...

HELP! I’ve an HMO Licensed flat in Edinburgh. My tenants have been noisy late at night and the Council Night Time Noise Team have attended. As this is the second event in 4 months this has led to...

Can I hold the letting agent liable?

Can I hold the letting agent liable?

A tenant has left a property with damage worth more than the deposit held, as well as owing one month’s rent and, by breaking the lease without notice, defaulting on the remaining three months of...

Estate agents duty of care to tenants?

Estate agents duty of care to tenants?

My partner and I began renting a house through an estate agent last year. We paid our month upfront, our deposit and our admin fee to the estate agent to draw up the tenancy agreement. We have since received...

Worried about a 20% drop in property prices?

Worried about a 20% drop in property prices?

Hello! I am hoping to get some ideas from a dilemma that I have. I have just had an offer accepted on a London 2 bed flat (share of freehold I am pleased to say) I am buying to let out and in the last...

Accidental Landlord Twice – needs experienced help please

Accidental Landlord Twice – needs experienced help please...

Hello everyone, I need advice as a Buy To Let novice I am what might be called an accidental landlord. I was living in a flat I had purchased and then I bought another flat in another town as I was due...

Proof of section 8 notice

Proof of section 8 notice...

How do I prove I’ve served a tenant a Section 8 notice? Since my tenant stopped paying he’s totally dropped of the radar. Won’t return my calls, won’t respond to messages or texts,

To fix or not to fix that is the question for a first timer

To fix or not to fix that is the question for a first timer...

Hello all, I am a prospective first time landlord and am asking for any advice regarding buy to let mortgages. I am looking to buy a property for around £80k (with a £20k deposit). The best interest...

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Wednesday 15th August 2012

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