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Found 16 results

  1. As a property investor (I'm not a landlord): For example, I found a BMV property, then apply for planning permission to convert into an HMO property depending how many bedrooms and use the bridging finance to refurb it, then use the property to rent it out to potential tenants if that makes sense. This is a buy to let. Someone mentioned that property management/ Rent2Rent is a trading business. Which of these codes are applicable? It is really confusing. SIC codes SIC code 68100 is for the buying and selling of own real estate; so, if you’re going to be flipping and
  2. Hi All, I'm currently buying a 6 bed HMO in Liverpool. I know I'll need to re-register the property in by own name for the licence. However is that also true for current certificates i.e. Gas, Elec and Fire Safety. Also need a good and reliable management agency, as I'll be remote. Thanks, Best regards Gary
  3. Hi guys, If your company has a R2R deal in place for a HMO, but is then using a management company for the property, do you require all of the insurances that you would need if you were to let the property out yourself? Thanks!
  4. Hi Everyone, Does anyone in the Glasgow area have any recommendations for FHL managers/cleaners? Thinking small, independent companies/individuals/teams that care and will engage promptly. Feel like I am losing a fair bit of control with current provider and with the level of saturation in the market and political uncertainty, I need a fresh approach! Feel free to message me with recommendations/thoughts. Kind regards Kirsteen
  5. Hi guys, at the risk of sounding like an idealist- does anybody know of any letting agents that offer individual property management services on a piece-meal basis, as opposed to the full suite? For example ONLY tenant vetting or ONLY marketing. It seems as though its all or nothing with most of the agents…
  6. Hi All, Looking for some help on the freehold enfranchisement process specifically related to the management set up. Shortly a building with 4 flats (converted) will be taking the freehold enfranchisement route. All 4 landlords are happy to be involved. Nice and easy so far. As part of this we will need to set up a Ltd company to own the freehold and manage the building. This is where I have some questions. 1. The company will have 4 directors - does this in anyway link these people together outside of the company. 2. I understand after year 1
  7. Hello everyone, I've entered into a proposed purchase of a house where the asking price is as high as I would expect in relation to nearby properties. The house is 12 years old, has always been rented, (evidenced by the carpets) and has no information about gas or electrics (owner not forthcoming). Now I learn that it has an Overage Agreement on it whereby any increase in value incurred by improvements requiring planning would have to be shared 50/50 with Parish Council. Furthermore the title is possessory, not absolute, which may in theory be changed in October provided nobo
  8. Hi fellow forumers, I'm wondering if anyone has experienced a similar set up in the past and can advise me of their thoughts. This is our first development of this type and although we have a good accountant they are not property specific so I'd be interested to hear some ideas. Here goes... We have a development company and are due to complete construction of a block containing 9 apartments next year. As part of the purchase deal, the seller is retaining 2 of the apartments effectively leaving us with 7 apartments. We may sell a couple of flats but at the momen
  9. I live in London, and am about to start investing in property in the North (I'm relatively new at this). Depending on what deals I find, I may wish to refurbish them to add value. - When it comes to builders, how feasible is it to manage a building project from the other side of the country? - To what extent do I need to be physically present? - How would the builders get access to the property without me being there with the keys to let them in? - If I needed to pay someone to keep an eye on the builders and let them in, what kind of people should I be looking for?
  10. I have recently become the joint freeholder of a block of 4 flats. The previous freeholder had been missing since 1989 and there was nothing in place to collect a service charge and to generally maintain the property. It has taken more than a year but we have now taken control of the freehold and now want to set up a management company to allow us to collect a service charge to pay for building insurance and to maintain the property. Can anyone advise on the setup of a management company for freeholders? I assume we just need to set up a limited company with the two of us as direct
  11. Can anyone recommend a good property management app to keep track of tenants, offer standard landlord services (marketing online, payments, tax accounts etc)? I've seen the likes of rentr which looks like a great service but if anyone has had any good experiences, would love to hear about them! Thanks!
  12. Hi everyone, Do you own a HMO (both licensed and unlicensed) in South London? Do you self-manage? Are there times you struggle to find and deal with tenants? Do you have enough time to organise and manage minor maintenance, tenant admin, referencing, ASTs, deposit registration? We specialise in providing a high end, professional hands free full management service specifically for HMOs in South London. As HMO landlords ourselves, we have the knowledge and experience to know what it takes to successfully manage a HMO and through our complimentary consult
  13. Hi .. In the process of buying a BTL property in Rugby, can anyone recommend letting agents in the area ? Thanks Regards Hemant
  14. Hey everyone, looking for some advice Myself and my mum own two properties which are managed by a property management company. We've had them for nearly 5 years, and they've always been managed because we live in the South and the properties are in the North. Due to a recent change in circumstances, we're looking to sell both as my mum is currently struggling to pay her own mortgage and she's looking the recoup the investment made 5 years ago to pay off the remaining mortgage on her own home. Here's the issue... One of the properties has tennants in it and paying, so we're not
  15. Has anyone any experience with HRD online training please? They have an offer through groupon currently for their property management training course and I'm wondering if it's worth my while. I spent a month working in high end property management in Sloane Square this year and want to get back into the business and more training might help - it's got to be decent though ;-) Thanks! Mike http://www.groupon.co.uk/deals/london/the-hrd-group/35165030?p=1&nlp=&CID=UK_CRM_1_0_0_61&a=9&utm_source=newsletter&utm_medium=email&sid=1f28366f-3a95-40ce-9d4e-a946
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