Dave - Make Some Noodles

This is an update of the eviction of my non paying tenants, the process has well and truly dragged out for ages and ages. About 5 months in total.
In court the judge had ordered that the tenants leave on Jan 23rd and give up possession of the property. The tenants had agreed and I was [...]

We recieved some very good news last week. The planning permission that we submitted on our new property has been granted!
In October of 2007 me and The Sally bought a small bungalow in need of some work, but with a view to die for. It will be our new home for after our wedding and [...]

I’ve been contacted by ITN News regarding current repossessions rates and a survey that they are currently doing for a news item. I’ve sent a reply back to them with as much information that I can give, I hope it will be helpful to them.
They will probably want Sell and Rent back information soon [...]

Why do I like property investment so much? In my eyes Property Investment seems like an easy lazy mans way to make some money and provide passive income. Why do I think this?
I can only speak with my own experience and this is my experience of property investment:
In February of 2002 I bought my first [...]

Current market predictions are varying widely but it seems that industry leaders such as Nationwide, Experian and Intermediary Mortgage Lenders Association are all predicting negative growth in 2008, with the latest report from Capital Economics assuming a 5 percent downturn. House prices in the UK could be falling as fast today as they did during [...]

Possession Court Hearing
The possession court hearing for my first eviction was scheduled for today at 12pm. I put my suit on and took the following evidence:
Tennancy agreement
Rent received statement
Section 8 notice
Court Possession Hearing letters
I ended up being 8mins late due to traffic and I thought I was going to miss my appointment so whilst driving [...]

How often should I put my rents up?
In a perfect world for my tenants rents would stay the same or come down every year. If I could do this and still earn a decent living then I would keep rents the same just to keep the tenants happy. Unfortunately in the world we live in [...]

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 [...]