Working out yield with mortgage payments
Hi all I have bought three different books and each give different way of working out yields and thus arrive at different figures so I thought i'd get the pro's opinion. Purchase price inc...
View ArticleGiving two months notice
My tenant moved in on the 15th November 2012 of last year. Due to pressure I let him have a lease with a break clause even though I see no point in for the Landlord as I usually give a years lease...
View ArticleInnocent question
In this thread http://www.landlordzone.co.uk/forums...ecommendations the Mod reminds that negative comments are against forum rules - which I understand. But how is it then possible to share "balanced"...
View ArticleLoss Of Rental Income
Hello, Can someone help. I rented a room in my house. The it took a while to get the last months rent before they were due to move. I found a new lodger while the "previous" lodger was still here. The...
View ArticleWhat to do about deadbeat director?
As I mentioned in another post recently, I and a neighbour were elected as directors of our RMC about a year ago. We are approx. 25 leasehold flats developed in the mid-80s. The freehold was bought out...
View ArticleNon compliance of Freeholder with LVT directions
Last year I applied to the LVT to determine the administration charges that the freeholder could make. The decision was clear. However the freeholder still sends me letters demanding sumsthe LVT said...
View ArticleRMC Service Charge and Company accounting - newbie questions
We are approx. 25 leasehold flats developed in the mid-80s. The freehold was bought out and the RMC set up about 25 years ago. Our accounts are a complete mess - they appear to be cobbled together on...
View ArticleLandlord bears unlimited liability to the Letting Agency
My letting agency issued a new business terms & conditions. There is a landlord liability clause in it, where the landlord has to indemnify the letting agency with unlimited liability. Is this...
View ArticleAre grounds 10 &11 strong enough without ground 8
Hello - Our tenants have been in occupation for 9 months now and have continuously paid late, or not at all, despite us meeting with them and agreeing payment plans, etc. Unfortunately, I cannot serve...
View ArticleCleanliness of Property
Hello I have a HMO three storey property which i rent out to students. I use a local managing agent to manage it, however i do a number of the maintenance tasks myself. On a number of occasions the...
View ArticleUsing equity release on property to fund first time buyer deposit
Hi all, I was left 50% of the family home when my mother died 7 years ago. My father still lives in the home and we get on very well and he wants to help me get on the housing ladder. He is too old to...
View ArticleBankruptcy and Declaration of Trust
A client of mine made a leaseholder bankrupt early this year due to thousands of unpaid service charges upheld by the LVT. The bankrupt has now come forward to state that none of his assets can be...
View ArticleShould buyers solicitor have copy of TR1 - Land registry form - signed by...
Hi Everyone, I recently completed on a property and in order to let it , i need a copy of the TR1 which would confirm I own the property ( this is what the letting agent have requested). I asked my...
View Articlekicking a tennent out
I have a tennent in my flat at the momment but i have my suspensions hes going to defult in paying his months rent If he does how do i kick him out whats the quickest way possible im wanting him out...
View ArticleCouncil have offered land, next steps?
Hi all. First post although I've been a long time lurker of these forums. Great source of information. I bought a house around 2 years ago. The house came with a section of garden land which has 75...
View ArticleAst allows one months notice - is it that simple
Hello - I would like some advice please. My tenants are really bad at paying the rent and are currently in arrears by £1100. However, it isn't bad enough to be eligible for Grounds 8, 10 or 11....
View ArticleEviction due to landord's mortgage arrears
Hello all, My partner and I moved into a new property on the 15th of last month. We've put some work into the property with the landlord's permission i.e. erecting a new fence and clearing out the...
View ArticleRequesting permission to change meter and other minor adaptations
I'm about to sign on an AST, and am waiting to hear back from the landlord about the possibility of making certain adaptations before I commit myself. I've requested permission to change the prepayment...
View ArticleCouncil Problems
I am a leaseholder property owner and have been for about 7 years which means I pay service charges to the Council (Wandsworth)every month c.£100. The Council decided to install double glazing in the...
View ArticleIs there an easy way to see if a council has imposed any HMO Article 4...
Hello all, My question is pretty much in the title -- surely councils will need to publish such directions on the internet somewhere? I appreciate that one obvious answer would be simply to ring the...
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