MENU

Readers Question

Do you need to evict a tenant?

Do you need to evict a tenant?

If you need to evict a tenant, it can be a very stressful experience. There is a process to follow, otherwise even what seems to be a cut-and-dry case can take months and even a year or longer if not handled...

6:15 AM, 24th October 2022, About 2 years ago |  0

Latest ArticlesReaders Questions
Should empty homes be taxed?

Should empty homes be taxed?

Hi everyone, Would it not be a good idea to tax properties that are left empty and disincentivise them from remaining outside the available housing stock? A residential property, in my opinion, should...

10:22 AM, 20th October 2022, About 2 years ago |  13

Latest ArticlesReaders Questions
Decorating clause in an AST?

Decorating clause in an AST?

Does anyone have specific detail in their ASTs about decorating? I have a nice flat neutrally decorated about to go up for rent. To avoid botch DIY attempts at redecoration can I say no decoration for...

11:52 AM, 19th October 2022, About 2 years ago |  12

Latest ArticlesReaders Questions
Can’t remortgage and can’t sell – Any update on the cladding issue?

Can’t remortgage and can’t sell – Any update...

I own a flat in a block in London built in 2007 (bought off-plan). I have a variable buy-2-let with Roscina that I have been unable to re-mortgage for the last 2 years due to the property not having the...

11:45 AM, 19th October 2022, About 2 years ago |  6

Latest ArticlesReaders Questions
Freeholders refuse to share surveyors report?

Freeholders refuse to share surveyors report?

I am a leaseholder of a flat. There are 4 flats in the house, 2 freeholds and 2 leaseholds. The 2 freeholders are keen for all of us to own a share in the freehold. As my lease only has 87 years on it...

11:36 AM, 18th October 2022, About 2 years ago |  4

Latest ArticlesReaders Questions
I forgot to tell my mortgage provider I’m letting my property?

I forgot to tell my mortgage provider I’m letting my property?

We have a residential mortgage from Barclays which does allow us to let our property during our fixed term with no rate increase. My husband got offered a job abroad and we have consequently moved to Norway.

11:25 AM, 18th October 2022, About 2 years ago |  12

Latest ArticlesReaders Questions
Does the agreement override the lease?

Does the agreement override the lease?

We have a lease which says that there can be a porter provided to the building and historically he has lived in a flat owned by the Freeholder under license, no tenancy agreement and we have paid all his...

11:19 AM, 18th October 2022, About 2 years ago |  9

Latest ArticlesReaders Questions
Rent refund tax implications?

Rent refund tax implications?

Hi everyone, as a good landlord and due to a noisy neighbour (next-door to my tenants playing nonstop white noise) l have given my tenants a 20% rent reduction until I can manage to solve the problem.

7:23 AM, 18th October 2022, About 2 years ago |  10

Latest ArticlesReaders Questions
Any reasons not to cave into the fear?

Any reasons not to cave into the fear?

Hello everyone, I am about to begin my journey in property investment. However, reading the current headlines about how dire it will get for Buy to Let landlords both economically and legislatively and...

17:19 PM, 17th October 2022, About 2 years ago |  29

Latest ArticlesReaders Questions
Judge declaring anything in advance as a DEPOSIT?

Judge declaring anything in advance as a DEPOSIT?

Has any Judge let Tenants on a Section 8 countersue by deciding money in advance is a DEPOSIT that should have been protected? Even after Johnson vs Old 2013 He appears satisfied the contract says money...

10:10 AM, 17th October 2022, About 2 years ago |  26

Latest ArticlesReaders Questions
The Labour Party fiasco – Sorry, I meant to say manifesto?

The Labour Party fiasco – Sorry, I meant to say manifesto?

Hi, With all the political turmoil going on at the moment and talk of an early general election I thought I’d take a look at the Labour Party manifesto re’ private renting. Some of the main points...

9:58 AM, 17th October 2022, About 2 years ago |  2

Latest ArticlesReaders Questions
Council Bond in place of deposit?

Council Bond in place of deposit?

Hi Everyone, My question relates to council bonds and if they are legally categorised as a deposit? I ask because a legal cash deposit is capped at 5 weeks under the tenant fees ban, but would a council...

9:31 AM, 17th October 2022, About 2 years ago |  9

Latest ArticlesReaders Questions
Splitting property to address covenant for single dwelling house?

Splitting property to address covenant for single dwelling house?

I need some advice for a property I am buying, please. It is a corner plot house with an extra large garden extended to one side and back. Apparently, it is an ex-council property with a restrictive covenant...

8:19 AM, 14th October 2022, About 2 years ago |  17

Latest ArticlesReaders Questions
Exorbitant RPI linked ground rent?

Exorbitant RPI linked ground rent?

Exceptionally high RPI in the current cost of living crisis means those existing leaseholders with RPI-linked ground rents face exorbitant increases. The UK Government has stated it plans to do something...

15:34 PM, 13th October 2022, About 2 years ago |  3

Latest ArticlesReaders Questions
Do I need to renew a tenancy agreement every time the rent is increased?

Do I need to renew a tenancy agreement every time the rent is...

Hello, I am currently re-mortgaging three buy to let mortgages. Mortgage offers have been made, but the conveyancing solicitor appointed by the mortgage company has stated, that because the rent is now...

16:19 PM, 12th October 2022, About 2 years ago |  5

Latest ArticlesReaders Questions
How to cope with rising costs

How to cope with rising costs...

Rising costs are a big concern for landlords at the moment. We hear a lot about tenants’ costs, but landlords often get overlooked. So what can you do? You’ve probably seen your margins shrink...

14:34 PM, 12th October 2022, About 2 years ago |  0

Latest ArticlesReaders Questions
Smoke alarm required?

Smoke alarm required?

Hello, I have a flat in a small block which has a wall mounted integral fire alarm system in the communal hallway. My flat also has a ceiling mounted smoke alarm in the kitchen/dining area. When the last...

10:51 AM, 12th October 2022, About 2 years ago |  4

Latest ArticlesReaders Questions
SDLT 3% surcharge where main residence sale deferred under Mesher order in divorce?

SDLT 3% surcharge where main residence sale deferred under Mesher...

Following my divorce, I would like to purchase a new property as my main residence and need to find out if the standard rate of stamp duty applies or if the ‘second home’ 3% surcharge applies...

10:35 AM, 12th October 2022, About 2 years ago |  1

Latest ArticlesReaders Questions
CGT on a gifted property?

CGT on a gifted property?

Hi, I am in the process of looking into my dad gifting his house to me and wanted some advice on the info below if possible? 1. Would my dad have to pay any capital gains tax if he gifted me the property?

10:04 AM, 12th October 2022, About 2 years ago |  6

Latest ArticlesReaders Questions
CGT due on assisted sale – advice?

CGT due on assisted sale – advice?

Hello, Assisted Sale and CGT query – and specifically what do solicitors and accountants consider the price to be – the actual sale price on market or price agreed in assisted sale document?

10:51 AM, 11th October 2022, About 2 years ago |  5

Latest ArticlesReaders Questions

Registered with Property118.com
Wednesday 15th August 2012

Total Number of Property118 Comments:
0

Landlord Tax Planning Read More