Property118 | Author: Readers Question - Page 44

CGT on gifting half joint property?

Hello, I own a single rental house as joint tenants with my elderly father who lives overseas in NZ. It has probably risen in value about £50k since we bought it. He’s suggested putting this wholly...

Adding a second guarantor to existing tenancy agreement?

Hello, There are two parts to this question: 1). I’d like to add a second guarantor to an existing tenancy agreement BUT – the tenant is the son of the guarantor, and the tenant lacks mental capacity,

EPC and legal obligations?

Hello, We all know that you are legally required to obtain an EPC on a property you let, and you are also required to give a copy to the tenant before they enter and AST etc…but… Are you legally...

Tenant eviction?

Hello, My tenant has been served a section 21 notice (runs out in Feb 23). Got a professional company to write and check all paperwork before posting it. The problem I now have is the tenant has missed...

Leaseholder refusing to contribute towards ‘Major works’?

Hello, Firstly thanks for taking the time to read my article/questions. I have recently acquired a property and freehold which comprises of 5, 1 bedroom flats. 3 of which are owned by myself two of which...

Tenant to pay 6 months upfront rent but with guarantor?

Hello. I am planning to rent out my property on ATS for the entire 12 months. The potential tenant, whom I really like, failed the reference check, and the guarantor has agreed to cover only 6 months.

Buy direct or use a property investment company?

First of all, a little background about my particular circumstances, which led to this question. My step-mother passed away last September and left me her house. It’s fully paid for and is worth around...

What are you using to track Portfolio / income / expenses?

Hi All! I was wondering what fellow landlords are using to track their portfolio info, income, expenses etc. I have 50 properties and have been using excel but wondering if there are online websites etc...

Tenant not leaving after eviction notice?

Hi all, I am wondering if someone can help me regarding an eviction notice being served to a tenant. My mortgage rate now leaves me £1,000 out of pocket each month after rent so I am forced to sell my...

Freeholder administration charges for permission to let?

Hello, I own a leasehold flat with 900 years lease, no service charges and peppercorn ground rent. My lease states I need to obtain permission from the management company in order to let the flat out,

Landlord Accreditation Scheme closing?

Hello, I’m interested in what your opinions are about this. I’ve received an email from my local Accreditation Scheme, advising that the council can’t afford to run it any longer. A decision...

Why not pay Housing Benefit directly to Landlords?

Housing Benefit is paid to tenants to cover their housing costs (sorry for stating the obvious). There would be numerous benefits to landlords, tenants, Gov.uk and local authorities if it were paid directly.

Homecare maintenance contracts – alternatives to British...

Hello, I’ve had BG boiler plumbing and drains homecare contract cover for some 20 years now for a modest portfolio of London properties and the service has been good – things like appointments...

Will student tenants leave the utility bill?

Hello, my question is, I have a buy to let property, and have noticed my tenants’ gas and electric bill is outstanding at £2,600. They are overseas students so when they disappear will I, the landlord,

Claiming back building insurance excess?

Hello, I had someone break into my commercial property (let to a tenant). The Police were called as a passer-by was able to apprehend the guy and keep hold of him till they arrived (Well done that man!).

Work not completing on time?

Hi, I have provided a job for bathroom renovation. The guy took a huge advance of £3,000 two weeks starting work to order materials. He initially said it will be completed in 5 days. But he started and...

Lodger or not a lodger?

Hi everyone, In 2010 my mother gave me the family home (transfer of equity) the solicitor at the time suggested adding a covenant to affect that I couldn’t evict my mother when the transfer was complete.

Council tax liability?

Hello, My tenant had a two years AST but she left after 18 months. The council made her liable for council tax and she appealed. I was not involved in the tribunal hearing. She won the appeal saying the...

Freeholder responsible for costs after flooding?

Hi, I moved into a block of leasehold flats last year and I’m reaching out for a neighbour but also for myself. Several years ago there was some flooding in a room (considered to be a cleaning room...

Replacement guarantor?

Hello, We rent a house to a young family who have been tenants for 2 years. At the time we asked for a guarantor, which they were happy to provide by way of a family member. The tenants are now saying...

Readers Question

Contact Readers Questions