Make Some Money

I’m still waiting for the court date for my unpaying tenant, so that I can eventually get them out and get new tenants who DO pay rent in. I’m trying not to think about it too much as its not very nice to throw someone out of their home. But the fact is I really […]

The HM Treasury have contacted me as they would like more information on the Sell and Rent Back type of business. They sent me a letter asking me to fill in a questionaire as the media have shown concerns in these types of transactions.
This is the letter they sent me:

The wording of the letter:

As you […]

Thats right Interest rates down to 5.5% and I’m about a week late to report this but is it really news?
The Bank of England last week dropped their base rate to 5.5% the first drop in rates in 2 years. Economists predict that rate will reach 5% by mid next year.
Save £21, Merry Christmas!!
On […]

As of December 14, 2007 any property that is being advertised for sale in England and Wales are going to require a Home Information Pack (HIP).
Purpose of the Home Information Packs
The Home Information Packs were introduced by the British government in an effort to lessen the rising amounts of incomplete house sales. Before the […]

A Property buying company trading as Repossession Stopped and Retail and Domestic Properties have this April gone into liquidation. They owed £19million to mortgage lenders on 230 properties.
They had been operating the sell and rent back system long before other property investors got in to the game. I remember seeing their advertisments in the […]

I often get asked for long tenancy agreements of 3 to maybe 5 years to give my tenants long term security. Don’t get me wrong I would love nothing more to be able to give them a 25 year tenancy agreement and have the tenants agree to rent the property for 25 years. However the […]

Do you use a letting agent to manage your properties or do you self manage?

I currently only use an agent to manage 2 of my properties as they are not long term tenancies and they are also over 1 hours drive away. I would hate to be driving over an hour each time the tenant […]

Birmingham Midshire Solutions, one of the mortgage lending arms of Halifax Bank of Scotland group do it again. they have from start to finish offered a mortgage in just under 14 days. thats the quickest time to offer i have had even beating their previous record.
from the word GO!
BMS use an online application from my […]

This is an update to this post about Eviction using a Section 8 Notice

well its been 14 days now since i issued the Section 8 Notice and the tenant has made an effort to contact me. about a week ago i got a text message from them asking me to call them. she tried to […]

back in may i wrote about my bad tenants situation in this post http://www.daveso.com/property-investment/watch-out-bad-tennants/
since visiting them 2 of the 3 bad payers are slowly paying of their arrears by paying more every month. I have 1 tenant though that just does not play ball. I have changed her payments to weekly payments to make it […]