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Wannabe first time buyer in my 40s- is it doable?!
Hi all, Newbie here. I am 40, have 3 children and married to my husband who is 46. We have always rented and have never been able to save for a deposit. I retrained for a new career a couple of years ago which has increased my salary (around 46 grand), husband works full time at just over minimum wage and takes overtime…
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Merged: No heating since nye
This discussion has been merged.
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Replacing old standard safety glass door.
Hi Thanks for any help you may offer. If a landlord Replaces an old laminated glass door that is non compliant under current building regs with new safety glass in that door. Is that expense tax deductible expenditure?
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New Build - Wrong Kitchen Fitted
Purchased a new build earlier this year, kitchen was offered a free upgrade. Worktops, unit style and colour agreed. Popped up to the house yesterday as I’m due to exchange and complete in the next two weeks and I spotted the wrong kitchen has been installed. I’m assuming a change without notification means I can push for…
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Recent experiences/recommendations with online only agents?
So we last sold our house through Strike back in 2023, but unfortunately our vendor caused the chain to collapse and we're now back at square one as our buyer has moved on. We've now found the "house of dreams" and want to move quickly. Last time, we had 3 over-asking offers within a week, all with proofs, so I'm confident…
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Seeking Advice/Other Investors re Hurn House Student Halls of Residence Investment
I am writing regarding the unlawful circumstances regarding the purchase and management of Hurn House, 4-6 Christchurch Road. The property is used for student accommodation and is in full occupancy with tenants paying market value for private en suite rooms with shared common living areas of around £175-£225 per week. The…
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Landlord wanting to set up trust
Apologies if in wrong category, please move if so! A friend is a private landlord who is not overly financially savvy. They are trying to transfer the rental properties they own outright across to younger family members before they get too old. They seem to think a trust is the best way but on a quick google, trusts can be…
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Electrical question
Possibly a daft one! I need to change the extractor fan in by bathroom. It's like for like so pretty simple. I have switched it off at the isolator. Should I also cut the supply at the consumer unit? tia
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My right of reply and misuse of data.
Hi Everyone I live in a development of 52 leasehold homes. We each share 1/52 of the landlord company (Ltd). There is only 1 director currently and the legal secretary/managing agent resigned on the 16th after a huge falling out with about 10 of the people who lived here, including me. At no point did I ever write or say…
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House buying companies
Hi. I am researching ways of selling my house quickly (but not right now hence just researching ) In the future I will want to relocate approx 200miles back to my hometown and will have a short time frame (school summer). I have a mortgage and will also need to apply for this to be bigger in order to buy where I want to…
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Landlord mould advice...
As a landlord I am trying to address mould in a 1980-90 terraced property. The tenant is in situ. I have 'educated' them WRT ventilation etc. However I am really struggling to know where to go to for trustworthy advice. I am thinking additional loft insulation and cavity wall insulation etc. but not really sure. The tenant…
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How much to negotiate for property in London? Purchasing for child going to uni
Hi We are in the midst of selling our rental property to help purchase a flat in London for our son going to uni in Sept. Viewed a number of properties so far and may consider giving an offer. A catch 22 question for those who are experienced in London - how much do you discount off when submitting your offer? Did a google…
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About to exchange - pending estate management fees
Hi! So I'm at the stage where I'm about to exchange but my solicitors are waiting for a new management pack from a company (Centrick) who has taken over management of the unadopted estate where the freehold property exists. I have signed everything relating to the purchase and sent to my solicitor, the only thing that…
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Merged: Gaining a financial interest
This discussion has been merged.
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My rights as half owner of freehold
I own the ground floor flat of a two flat house conversion. Several years ago myself and the owner of the first floor flat bought the freehold on the property.Now the people upstairs have put their flat on the market.I notice that on the estate agents blurb it states "Loft Potential (STPP)"My question is, if the new owners…
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2% increase in rental income tax. Will you be passing it on to your tenant??
Ref the new 2% increase in tax on rental income. Assume this will just be passed onto the tenant via a rent increase??....Landlords, will you??
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What do you consider a reasonable annual site fee?
I’m weighing up whether owning a holiday home on a park actually makes sense long term, and the one thing I’m struggling to judge is site fees. I’ve seen parks charging anywhere from around £2,000 a year up to £6,000+, sometimes with very similar facilities on paper. I understand there are real costs involved —…
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Party wall notice and letter from contractor.
We are selling our house which complicates things. We obviously own our house but the neighbouring house is owned by the council. They inform me that they want access to my property so they can check the condition before they start work in case they crack my walls or render.The work they intend to do is new roof, new…
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Merged: As both landlord and tenant, we're in a massive pickle....anyone got any advice?
This discussion has been merged.
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Trinity Estates
Hi, I wondered how I could go about looking to remove trinity estates from managing our small development. Is this even possible? I am currently engaging with neighbours to understand their thoughts on it too but I would like to understand if this is an option? Thank you in advance for any advice
