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How to fill in the N325 form?

How to fill in the N325 form?

Hi, Can anyone give me a sample screen shot how to fill in and complete the N325 form? I am more concerned about In the Section : “I certify” box on the right-hand side, delete the wording in brackets...

10:05 AM, 13th September 2022, About 2 years ago |  0

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Is this legal? Bank wants to amend tenancies

Is this legal? Bank wants to amend tenancies...

Hi, We are in the process of remortgaging a block of 9 flats and have had a mortgage offer. But prior to completion, the bank are insisting that we write an amendment to the existing tenants that if I...

16:33 PM, 12th September 2022, About 2 years ago |  17

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Renting 4-5 rooms on AirBnB – which use permission class?

Renting 4-5 rooms on AirBnB – which use permission class?

Hi, I’d like to move house but retain my existing property, rented to multiple single occupants using AirBnB for periods of minimum 5 days to maximum 3 months. The majority of visitors will be international...

9:51 AM, 12th September 2022, About 2 years ago |  5

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To sell, or not to sell?

To sell, or not to sell?

Hi, I have a mortgage coming off its fixed rate at the end of October and it’s not possible to switch rates until six weeks before. With mortgage interest rates currently raising by the minute, my...

9:39 AM, 12th September 2022, About 2 years ago |  10

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Rats in brand new block of flats?

Rats in brand new block of flats?

Hello All, As a landlord, when a tenant mentioned there were mice/rats I immediately called in someone who knew how to deal with them. This company issued the same advice to the tenant that I had given...

13:53 PM, 8th September 2022, About 2 years ago |  11

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Free lease extension – Is there a tax liability for this?

Free lease extension – Is there a tax liability for this?

Hi all, I need some advice, please. I own a flat in a house that was originally split into two individual flats back in the 1980’s. I own one flat and the Freeholder owns the other. I am in the process...

13:38 PM, 8th September 2022, About 2 years ago |  5

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Our tenant claims a first floor flat must have a Yale lock?

Our tenant claims a first floor flat must have a Yale lock?

Hi, Our tenant claims a first floor flat must have a Yale lock and not a more secure Chubb lock. She has been told that ready access outwards is the priority in an emergency. Has anyone else acted on this?

8:56 AM, 8th September 2022, About 2 years ago |  23

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Valuations are down?

Valuations are down?

After several years of onerous taxes regulations etc. etc. I finally put my London flat on the market for sale. I got the asking price of £550k but the buyer’s valuation is 5% below the asking price...

15:14 PM, 6th September 2022, About 2 years ago |  6

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A seemingly new scam for landlords to be aware of

A seemingly new scam for landlords to be aware of...

Hi, I would like to highlight tenants taking advantage of the landlord and Universal Credit and the likes of Shelter, the local housing office and Citizens Advice Bureau being complicit in helping them...

15:09 PM, 6th September 2022, About 2 years ago |  26

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Tax penalty for reducing carbon footprint?

Tax penalty for reducing carbon footprint?

Hi, Like a good number of fellow residential landlords I am exiting the PRS in favour of a holiday let and am currently waiting to complete. For my chosen property, as the hot water demand by holiday guests...

9:05 AM, 6th September 2022, About 2 years ago |  2

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Fair Means Equal

Fair Means Equal...

Hello everyone, the levelling up proposed by ministers is good only if it is equally distributed amongst the PRS AND local councils. I used to manage an HMO in Camden, London, where the local council demanded...

8:57 AM, 6th September 2022, About 2 years ago |  4

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Campaign to start protecting landlords?

Campaign to start protecting landlords?

Hi Property118 readers, I am writing to request if you could share my petition  – on change.org >> Click Here I know many landlords registered may agree with me. National Tenants Database...

10:34 AM, 5th September 2022, About 2 years ago |  4

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Are commercial valuations appropriate for higher yield HMOs?

Are commercial valuations appropriate for higher yield HMOs?

I’m hoping to sell my portfolio of 4 x HMOs in Aberdeen. 2 are 5-bedroom flats with a yield of around 8% depending on valuation, but the other 2 properties are larger (12 bed and 9 bed) and have...

9:50 AM, 5th September 2022, About 2 years ago |  5

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5-year electrical safety tests for PRS?

5-year electrical safety tests for PRS?

Hi. I have four properties and yes all with recent electrical safety certificates. The solicitors have advised that the certificates do not have a 5-year valid period stating only the date that the certificate...

9:38 AM, 5th September 2022, About 2 years ago |  9

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Tenant Track and Trace – GDPR?

Tenant Track and Trace – GDPR?

Hi All, I have a tenant who is subletting (I don’t know any details of their agreement except that the person is living in the room and causing a lot of issues with the other flatmates) and now has...

14:16 PM, 31st August 2022, About 2 years ago |  4

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Is this HMO persecution from the council?

Is this HMO persecution from the council?

Hello everyone, I have just renewed my HMO licence with no conditions. However, the council still demands trivial and unnecessary work which the Inspector ‘discovered’ during his visit, ie...

9:29 AM, 31st August 2022, About 2 years ago |  4

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Selective licensing? If I were a criminal…

Selective licensing? If I were a criminal…...

Hello everyone, If I were a criminal I would run a protection racket as a source of funds. It produces a steady income stream with little risk of being caught and requires less actual violence than, for...

9:24 AM, 31st August 2022, About 2 years ago |  15

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Gas check failed – is the S21 still valid?

Gas check failed – is the S21 still valid?

Hello everyone, I understand that a S21 is invalid if a gas cert is not in date and/or has not been issued to the tenant, but is this the only qualification? What if the gas check has been undertaken and...

9:23 AM, 31st August 2022, About 2 years ago |  8

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What is a Solicitor’s fee for signing a DPS form?

What is a Solicitor’s fee for signing a DPS form?

Hi, I have completed a statutory declaration to retrieve a deposit from the DPS. It has to be signed by a solicitor/commissioner of oaths/magistrate. Does anyone know approx how much a solicitor will charge...

9:21 AM, 31st August 2022, About 2 years ago |  6

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Do rent rises around the time of issuing a Section 21 affect it?

Do rent rises around the time of issuing a Section 21 affect...

Hello everyone, Does raising the rent either just before or just after issuing a Section 21 notice have any bearing on it? I am about to issue one, and wondered what the effect will be. It has also occurred...

9:16 AM, 31st August 2022, About 2 years ago |  2

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