Dave - Make Some Noodles

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 [...]

as a keen BTL investor I have used many different mortgage companies and here is my current list of best and worst lenders. they are rated by a mixture of speed to offer, speed to complete, rate of their products.
The Good
1. BMS - Birmingham Midshires.
speed to offer is excellent and no problems with completions either. [...]

House price increase
ok so i usually take newspaper headlines with a pinch of salt. however most of them were reporting that that UK house prices are set to rise 40% over the next 5 years. this is not a figure plucked out of thin air either. figures have been taken from a report from the [...]

this is the second mortgage that i’m trying to complete on with GMAC RFC.
they have been an absolute nightmare according to my solicitor.
both times GMAC have not been able to meet the completion date and requested more information such as asking for mining reports at the last minute when there have been no problems with [...]