Readers Question

RIP Scotland’s PRS?

RIP Scotland’s PRS?

Hello, As you will all know, being conscientious landlords, there is currently an evictions and rent freeze in Scotland since last year and will continue currently until September 2023 with the option...

Can I evict tenants independently if I need to?

Can I evict tenants independently if I need to?

Hi all, I have 3 bedroom house with a self contained unit. I want to let each one separately but lenders say I have to have one AST for both. The self-contained unit has its own electricity meter and no...

Electrical certificate – replacing all the sockets?

Electrical certificate – replacing all the sockets?

Hello, I have recently received a satisfactory electrical certificate. However, one recommendation is to change all the sockets due to age. The flat was built during the copper problems with aluminium...

Council using providers to supply them with private properties?

Council using providers to supply them with private properties?

Hello, I have been given by X council a list of contracted suppliers they are using in order to secure temporary accommodation for them. The contracted suppliers have tendered and won contracts for a period...

Service charge – do I have to pay?

Service charge – do I have to pay?

Hello, I own my leasehold flat in a block of 14 apartments. The management company has hiked the service charge from £2,500 to £6,500 pa. There is some work to be done on the garden due to land slip...

Short term/holiday lets?

Short term/holiday lets?

Hello, The rent from services like AirBnB are far higher than regular rentals. I estimated I’d only need to have my property occupied for around 1/3 of the year to make the same rent that I’d...

Two months rent in advance?

Two months rent in advance?

Hi, in the last few years, I have stopped taking tenancy deposits in the fear of breach of compliance. Nonetheless, as a result of adopting to aforesaid practice, I have had instances, where tenants abandoned...

EPC confusion and work to carry out?

EPC confusion and work to carry out?

Hello, I see information that states landlords must improve their let properties to EPC C levels by 2025 and then I see it is changed to 2028 and then I see that it hasn’t actually been determined.

Transferring Inherited property straight to Limited Company?

Transferring Inherited property straight to Limited Company?

Hi, I’ve inherited a house from my stepmother and I’m considering letting it. I’m a higher-rate tax payer and as I’d rather not hand over 40% of all my rent to the tax man, I’d...

Landlord agent contracts?

Landlord agent contracts?

Hello, I have a nice studio flat in Balham and am trying to find a decent agent to show the flat and find a single professional to let it. Management is not needed. The agents have boilerplate one-sided...

Charging leaseholder for repairs?

Charging leaseholder for repairs?

Hello, I own a maisonette flat – there are two flats and I am the freeholder. The leaseholder moved into the downstairs flat two years ago and seems a nice guy. I will be having a discussion with...

Two existing tenants are leaving – legal issues?

Two existing tenants are leaving – legal issues?

Hello, I currently have a leased property which, since Nov 2021, has been occupied by a family of four adults on a 12-month AST. Payment of rent has never been an issue and they keep the property reasonably...

Help – tenant’s friends moving in?

Help – tenant’s friends moving in?

Hello, I’ve just heard from our managing agent that our tenants are planning to have a friend of theirs, plus teenage son, move into our flat, because they (the friends) can’t find anywhere...

Migrating to managing agent from residents’ management Co?

Migrating to managing agent from residents’ management...

Hello, We are a small block of 7 flats with a mix of owner occupiers and owners who let their flat. Approx 22 years ago we set up a Ltd company and jointly purchased the freehold so that each flat owner...

Tenant not communicating, risk in rent arrears?

Tenant not communicating, risk in rent arrears?

Hello, I have a new tenant, whose last two months rent had to be chased and chased every month. I told her the AST set out she must set up a standing order, which she did but then it must have been cancelled...

Rent increase – tenant won’t pay?

Rent increase – tenant won’t pay?

Hello, Today I increased the rent on a flat from £1,400 to £1,600, effective 1 June 2023, which is the tenancy anniversary date. I advised the tenant verbally and also sent the new agreement. The tenant...

Thermal imaging surveys – a good idea?

Thermal imaging surveys – a good idea?

Hello, Thermal imaging surveys – are these a good idea? I am considering one for my own home to determine where there might be some obvious heat leak areas. Ideally each room scanned, as well as...

10 year fixed – consent to let dilemma?

10 year fixed – consent to let dilemma?

Hello, I’m thinking to fix my residential mortgage for 10 years with Nationwide which is due for renewal. My concern is if my situation changes (a bit likely) and have to move out, will Nationwide...

EPC – contact your MP?

EPC – contact your MP?

Hello, I’m a landlord with 4 flats that turnover less than £5k per annum each. They will never reach an EPC C. I can apply for exemptions once I have spent up to the £10k (more than 2 years turnover...

Leaseholder protection deed – can a new buyer have it?

Leaseholder protection deed – can a new buyer have it?

Hello, My daughter’s flat is blighted by the fire safety issues arising from the Grenfell tragedy, hence she wants to get a “Leaseholder protection deed of Certificate”, which provides...

Registered with Property118.com
Wednesday 15th August 2012

Total Number of Property118 Comments:
0