Readers Questions
Trapped in negative equity
I bought a flat in Glasgow in 2005 valued at over £200,000, I bought off plan for £154,350. after cash back and fees added the mortgage...
SDLT on purchase by trading property company
Is this true now? The 15% rate doesn’t apply to property bought by trustees of a settlement or bought by a company to be used for:...
Tax relief on loan when buying off-plan
If I have an existing rental business and I purchased a property off plan to add to my portfolio, with exchange in year 1 and completion...
Agent fees on property sold to tenant
I have just been made an offer from my current tenant to buy the house he is renting from me. Ok, I do not wish to go through the agent...
Is a tenancy voidable as fraud if tenant lies on applicat...
If a tenant told lies when they applied for a property, and these lies contributed to the landlord’s decision to offer them the...
Solicitors Tricks To Increase Fees and Income
I think most people are aware of the games Solicitors play to increase income; the most popular one being you send me a letter and...
More Benefits Caps – Implications to LHA Landlords?
I am a landlord in the North East, most of my tenants are benefits claimants.
When the new £20,000 benefit cap comes (£3,000 pa...