BTL investment advice. new build vs old

[Sarahkay]

Hi All,

I am after some advice / opinions from those that have experience in this area.

I am in the process of buying a property in a new-ish build. My aim is to hold onto it for 5-10years, live in it eventually and sell it on and make a profit. It was built in 2015. During...

[ricoeliso]

My two bed flat is currently rented by 2 x couples (who took out the lease together as one contract). At the time I raised the question with the estate agent as to whether this would be classified as a House of Multiple Occupancy (HMO) as I wasn’t entirely comfortable with the idea of 4 people living...

[Myb91]

Hi All,

Hope your all well!

I have recently started to rent a place, before moving in/signing of papers the Estate Agent showed it to us virtually (2nd September) because it was not ready yet for potential tenants to view (the Building was not complete), We instantly liked...

[leaseholder_123]

My lease contains an easement, granting exclusive use of parking space X.

Question 1: as the parking space is explicitly defined as number X in the lease, could it be argued that this is effectively part of the demise? (i.e. it’s not just a case of having a space allocated informally...

[landlord_ne123]

Hi,

I am trying to figure what is the most suitable capitalisation rate to use for calculating the cost of lease extension.

I am ignoring marriage value and deferment rate as these are just very small due to the long lease (120 years remaining).

So assuming RPI...

[Lubyloo]

URGENT! Help and advice needed please.
I am the co freeholder of the top floor flat in a 2 flat maisonette.

My lease includes the loft space. In 2007 I approached by co freeholder (downstairs neighbour) to discuss adding a loft conversion detailing what I wanted to do. In our discussions...

[Tom H]

I own a long leasehold in a purpose-built flat comprising of just two flats. The freeholder also owns and resides in the flat that is directly above me.
Despite numerous attempts to get him to carry out essential maintenance to the property as per the provisions in the lease (about a third of...

[lixianan]

I've recently purchased a leasehold coachhouse, and have a few minor changes I'd like to make, but I'm unsure what part of the lease they fall under.

Changes I'd like to make

• Replacement of intergrated Hob (currently ceramic plates, i'd like to replace with glass)
• Replacement (or repair)

...

[Propsta]

Hi, I want to know if I can let my flat out fully once I have staircase to 100%. Below is in my current lease.

The leaseholder shall not during the period of twenty-one years after effecting a Final Staircasing in accordance with Schedule 4 ("the Pre-Emption Period")
...

[HairdresserH]

MY friend has had her hairdresser shop for 42 years. Her landlord has just sold the property and has given her 4 weeks to vacate.

She cant remember when her lease was last renewed, she stays there with an oral agreement with her landlord.

What makes things complicated is the...

[Ellie99]

Hello,

I am completely new to the auction game and looking for some advice. I already own 3 buy to lets that have all been purchased via the conventional route. What I am looking at is a fairly risky property, I know it is. I always get drawn to the risky ones. (Nearly ended up with a derelict...

[Nicola12345]

I bought my downstairs flat in an edwardian semi detached flat, 6 years ago. There are two flats with a lease hold and share of a freehold. I found out recently that the upstairs did an attic converson in 2011 before i lived here. However there was no deed of variation agreed, nor is her right to use...

[East London Girl]

Hello

To cut a long story short, I had to go through an FTT process recently which I lost - even though I provided evidence of underhand activities (including invoices which had been forged, etc) undertaken by my Managing Agent. I complied with the FTT decision and paid the service charges...

[NaomiB]

Six years ago I took my freeholders to court because they had let several of the 18 garages here fall into serious disrepair and two had been demolished. The basic problem was that, whereas the flats were demised from the plaster in, the garages walls and all party walls drains pipes cables and wires...

[Mooter44]

Hi everyone,

I'm hoping you might be able to help me with an issue I've spent ages googling but haven't found much clarity yet.

I'm trying to figure out if sub-letting a flat as a 3 person HMO would break the covenants of the lease.

- Building is a semi converted...