Readers Question

Selling property – tenant still in residence

Selling property – tenant still in residence...

I am selling one of my properties to release some capital. The tenant is the daughter of one of my friends and moved in without a deposit and below market rent and has been a good tenant to date.

Tenant offering to pay 6 months rent up front

Tenant offering to pay 6 months rent up front...

We have just recently bought a property and are renting it through a letting agent. They have possibly found us a tenant 🙂 She is currently renting in the area and wants to downsize but she wants to...

Are leaseholds worth no value at the end of lease?

Are leaseholds worth no value at the end of lease?

I was wondering what happens with leases when they reach the last year of the lease, the lease I am interested in is a 123 years lease on a 1 bed flat in London, the original lease was for 125 years so...

Is the increase in my service charge legal?

Is the increase in my service charge legal?

The management company of a development of apartments is trying to raise the service charges. The increase in the charge wasn’t on The AGM agenda as such, however it was discussed during the AGM...

How Not To Rent Your Property

How Not To Rent Your Property...

A study released by Secured Loan company Ocean Finance has revealed some of the main qualms that put potential property renters off. Here are some of the key issues revealed by the survey, and tips on...

Claiming VAT back and saving CGT on Conversion

Claiming VAT back and saving CGT on Conversion...

I am in a predicament and my accountant is confusing me even more. My husband and I have jointly owned a commercial property over 10 years of which ground floor has been let to retail business. The whole...

How am I doing?

How am I doing?

Hi Everyone, First of all, an introduction. My name is Nathan, I’m 27 years old, originally from the UK but currently living in Brisbane, Australia. I have always been interested in property and...

Tax Implications of Buy To Sell Refubishment

Tax Implications of Buy To Sell Refubishment...

Hi all I was hoping someone could give me a bit of advice. I am looking to diversify my investment portfolio (mainly stock market investments) by looking at investing for the first time at Property. Having...

Mortgage advice required – splitting one house into two

Mortgage advice required – splitting one house into two...

I am a property investor in the South Wales area and currently interested in a property that was previously 2 houses with 2 bedrooms each, converted some years ago into a 3 bedroom property. Could I get...

Tenants smelly cooking

Tenants smelly cooking...

My tenants of five months seem to live on curry. The flat smells of it every time I go around, despite my asking them to open windows and ensure the cooker hood is used. A tenant from an adjoining flat...

Crowd-funded HMO/buy to let – new business opportunity?

Crowd-funded HMO/buy to let – new business opportunity?

With the ever increasing popularity of peer to peer lending sites like Zopa, Ratesetter, Rebuilding Society etc, why has some enterprising group come up with a way of participating in the burgeoning rental...

Reasonable miscellaneous costs for landlords tax returns

Reasonable miscellaneous costs for landlords tax returns...

I’m just in the process of filling in a tax return for the first time and understand I can claim miscellaneous costs for such things as phone calls administration cost etc. As this seems to be a...

How establish tenant demand

How establish tenant demand...

I live in North London (Enfield) and want to buy a 1 bed flat for renting out. Flats in my area are priced around £180K to £230K to buy and rent from £850 to £1,150 per month. Everyone and his brother...

Buying a house for my parents

Buying a house for my parents...

My parents were declared bankrupt over 4 years ago and I am now in a financial position whereby I can purchase a house for them to live in. I am aware that a rental agreement will have to be put in place...

Reader wants to know if she should let with her head or her heart?

Reader wants to know if she should let with her head or her heart?

Hello Property118 readers, I just wanted to thank everyone who gave advice back in November. I had a query with the letting agent in Cirencetser who wanted to keep/look after the 6 months rent. About a...

Residential mortgage but renting the property without consent!

Residential mortgage but renting the property without consent!

Hello readers, For the last 3 years I’ve rented my flat on a residential mortgage whilst simultaneously living in a rented house. This is because of a change of a job which meant I had to move. I...

Student wants to get into BTL

Student wants to get into BTL...

By way of introduction, my name is Max, I am a second year Economics student at the University of Kent. Currently, I have taken a year out to work at one of the Big4 accountancy firms to chase a career...

Article 4 Planning for HMO in Brighton – help required for failed planning consent

Article 4 Planning for HMO in Brighton – help required...

Hi All any advice I am a landlord I would like to hope a good one renting higher end HMO properties in Brighton. Following on from additional HMO licensing introduced last year on November 5th 2012, Brighton...

Shall I risk buying for cash and no gearing in Shildon County Durham?

Shall I risk buying for cash and no gearing in Shildon County...

Dear Readers, I’m in a bit of a predicament, I’m currently looking at investing in property to let but a few years ago, I unfortunately got my hands bitten and am therefore am unable to get...

Evicted tenant has left belongings and not contactable

Evicted tenant has left belongings and not contactable...

Hi, As there are soo many helpful people on this forum thought I would ask a question that readers may be able to help with please. Here is a brief summary 1. Tenant signed tenancy agreement and paid the...

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Wednesday 15th August 2012

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