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Deed of trust on US holiday let?

Deed of trust on US holiday let?

Hello everyone, My wife and I jointly own a holiday let in the USA. We have a small US Dollar mortgage but finance costs have risen sharply which looks set to continue with the Fed currently increasing...

15:42 PM, 1st August 2022, About 2 years ago |  3

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Buildings Insurance Renewal Impossibly High – From £350k to £500k

Buildings Insurance Renewal Impossibly High – From £350k...

I am a director of a Right to Manage (RTM) for a development with 93 units. Our buildings insurance renewal is due on Monday and, true to form, the renewal premium has only just come in. It has gone from...

15:26 PM, 1st August 2022, About 2 years ago |  6

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Does emergency work over-ride a S20?

Does emergency work over-ride a S20?

Hi all, We are a block affected by the lack of fire stopping, cladding and other fire-related issues. The block is 5 years old and has numerous issues and defects and when we formed the Right to Manage...

12:05 PM, 1st August 2022, About 2 years ago |  2

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Conflict of Interest with fees paid by purchaser?

Conflict of Interest with fees paid by purchaser?

Hi All, I have recently come across a ‘Modern’ online method of auction. The house to be sold was circa £225,000. The online auctioneer was instructed by the vendor, but the fee of £6,000...

10:10 AM, 28th July 2022, About 2 years ago |  20

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Two weeks notice for section 8 ground 12?

Two weeks notice for section 8 ground 12?

Hi Everyone, Can a Section 8 ground 12 notice for breach of AST contract be issued during the FIXED TERM agreement, which is now in its 8th month of 12? Guidance for Ground 12 seems to allow for just 2...

9:50 AM, 28th July 2022, About 2 years ago |  12

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Media coverage “no fault eviction”?

Media coverage “no fault eviction”?

There is increased media coverage of “no-fault evictions” with councils telling tenants to stay put and not move because there is nowhere for the tenants to go. This of course is against current...

15:04 PM, 27th July 2022, About 2 years ago |  9

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Holiday let to be taken over by golf club?

Holiday let to be taken over by golf club?

Hello fellow hard-working property providers, We have a holiday let (5 bed 2 bathrooms) next door to where we live. Currently on Airbnb and doing well. Purchased by us (not in a company structure). We’ve...

9:43 AM, 27th July 2022, About 2 years ago |  11

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Can I conduct viewing in tenant’s absence?

Can I conduct viewing in tenant’s absence?

My tenant is still within the 12 months fixed term agreement and has told me he was buying elsewhere. Therefore, I now require him to enable an internal viewing of the flat by a potential buyer. The AST...

9:32 AM, 27th July 2022, About 2 years ago |  10

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Buy-to-Let Newbie financing question?

Buy-to-Let Newbie financing question?

Hi all, I have a question related to starting a small property business. I own a 50% share of a house in the UK which is worth roughly £200,000. This house is currently being rented out and I receive...

9:21 AM, 27th July 2022, About 2 years ago |  3

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Cladding repairs needed to remortgage?

Cladding repairs needed to remortgage?

Has any leaseholder, coming to the end of their mortgage term, been able to re-mortgage with a B2 defective fire risk assessment applied to their building? Further, the landlord is still holding out ‘waiting’...

11:36 AM, 25th July 2022, About 2 years ago |  5

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Legal Cover – What cover?

Legal Cover – What cover?

Has anyone had experience dealing with Legal Cover? I was sold the add-on extra as ‘if you need to evict a tenant then we will sort everything for you’. In reality, the insurance has wriggled...

1:26 AM, 22nd July 2022, About 2 years ago |  7

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Service Charge Dispute – Multiple Managing Agents?

Service Charge Dispute – Multiple Managing Agents?

We are a block of eight Leasehold apartments. The Freeholder has always chosen the Managing Agent, changing every three years. Each agent has been a big blue chip agent and each has delegated the management...

1:11 AM, 22nd July 2022, About 2 years ago |  5

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Tenants complain but won’t take action?

Tenants complain but won’t take action?

Looking through the thousands of posts on this forum, you quickly get the impression that landlords are wicked scoundrels and tenants complain about them constantly. It’s the same in my world of...

9:58 AM, 21st July 2022, About 2 years ago |  10

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Mother left 13 year old daughter and three dogs?

Mother left 13 year old daughter and three dogs?

Help, after being four months in arrears the mother LEFT her 13-year-old daughter with three nasty dogs in our two-bedroomed flat and moved in with her boyfriend. (the lease was 12 months and ran out a...

9:51 AM, 21st July 2022, About 2 years ago |  13

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Exempt accommodation providers – who are their agents?

Exempt accommodation providers – who are their agents?

Has anyone released their property to or entered into short-term lease arrangements with a managing agent who then goes on to organise the accommodation and support services for Exempt providers in the...

8:49 AM, 19th July 2022, About 2 years ago |  5

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Claims history declaration on rent guarantee insurance?

Claims history declaration on rent guarantee insurance?

Hi, Could I please ask for a specialist opinion? I have had a claim made on my Rent Guarantee Insurance. When I am now quoting for my Landlord Insurance (building only) I am asked about claims in the last...

8:41 AM, 19th July 2022, About 2 years ago |  3

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Charging an extra week’s rent to buy deposit insurance?

Charging an extra week’s rent to buy deposit insurance?

Hi everyone, A friend of mine who owns a small portfolio of let houses like me has asked me if I know anything about Reposit. As far as I can glean, this company instead of taking a deposit charges an...

8:24 AM, 19th July 2022, About 2 years ago |  2

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Common parts fire risk?

Common parts fire risk?

Hi, I have several flats in conversions in two-storey buildings. Yes converted pre 1991 Building Act. On viewing properties to buy I notice several now have a wired fire alarm and emergency lighting to...

8:49 AM, 18th July 2022, About 2 years ago |  4

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Window opening onto a neighbour’s shared courtyard?

Window opening onto a neighbour’s shared courtyard?

We rent a recently refurbished a terraced cottage with upstairs windows at the back of the property opening outwards onto a neighbour’s shared courtyard. The neighbour who shares the courtyard with...

8:38 AM, 18th July 2022, About 2 years ago |  7

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Absent Owner and Nonpayment of Management Fees?

Absent Owner and Nonpayment of Management Fees?

The owner of a flat in a development where I also own a property has not paid any fees or ground rent for at least four years and current arrears are approaching £5000. I understand the flat, which was...

8:09 AM, 18th July 2022, About 2 years ago |  17

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