Happened to me too. Suspected drug dealing taking place. The police had been watching property. Broke down the door Apparently justified entry. Applied for the costs. Like previous subscribers Got nothing Statement from them they never pay. Someone said here...
Property Problem I have a property on a BTL mortgage. The mortgage comes to an end in August 2023. I can obtain another mortgage. The Problem: I have another landlord interested in buying the property tenanted The tenant is on...
Hi I did this in the 1980s It was fairly simple. I applied to my mortgage lender Birmingham Midshires They agreed for a fee I applied to land registry with plans sizes etc. Fenced off the boundary Built a house...
Hi This happened to me in 2007. I paid £116000 for a 2 bed flat off plan. 36 flats in the block some paying more than me. Interest only mortgage and reasonable rent. paid a surplus every month. Until mortgage...
Simple question when someone applies; Are you working? if yes start the process.If no Dont worry yourself. The Yes tenant gives Company name this enables Landlord to claim on attachment of earnings if there is default.Never had a problem doing...
Reply to the comment left by David Dorset at 20/03/2018 - 10:42Exactly right David. Think about it!! I also take an administration fee (non returnable ) between £200- £250. Never had a quibble.
Be like me - dont charge a deposit and choose your tenants very carefully. I have had tenants for 5+ years continuous. They know they won't find another landlord like me.
Reply to the comment left by Highland Lass McG at 01/02/2018 - 12:25Hi Highland lass Once a AST is issued for 6 months any tenant could renege on paying the remaining 5 months. Like I said NO Deposit I have...
Reply to the comment left by Graham Bowcock at 11/12/2017 - 13:46All the above from Graham is correct. From experience as I have done this exercise it can be complicated although drawn out. First check with LA to see if...
Reply to the comment left by "Scott Davison" at "04/05/2017 - 13:16": Simple. Don't take self employed, or LHA, interview them personally. If they leave owing rent. Attatchment of earnings Order works every time. i have been a landlord for...
Reply to the comment left by "NW Landlord" at "28/04/2017 - 10:58": Hi Yes options is an area I am looking at. Although my next BTL will be in a Ltd Co. Options are complicated so I am learning more....
Reply to the comment left by "David Price" at "24/04/2017 - 13:04": I agree with David Price, I dont take deposits now and have no problems Problems arise when deposits are taken. 15 years ago I did take deposits and...
Reply to the comment left by "Monty Bodkin" at "19/04/2017 - 12:47": Yes, A tactical change again now Osbornes gone.Although TM is still best bet. Hammond may change direction with regard to s24 as he is a landlord too Perhaps...
Reply to the comment left by "Luke P" at "19/04/2017 - 11:20": Well said. My MP is George Osborne and I have voted tory since the age of 18 I am now 78 but will be voting tactical for UKIP....
17th July 2023, 3 years ago
Happened to me too. Suspected drug dealing taking place. The police had been watching property. Broke down the door Apparently justified entry. Applied for the costs. Like previous subscribers Got nothing Statement from them they never pay. Someone said here...
Read More →12th May 2023, 3 years ago
Mark Thank you
Read More →12th May 2023, 3 years ago
Property Problem I have a property on a BTL mortgage. The mortgage comes to an end in August 2023. I can obtain another mortgage. The Problem: I have another landlord interested in buying the property tenanted The tenant is on...
Read More →22nd February 2023, 3 years ago
Hi I did this in the 1980s It was fairly simple. I applied to my mortgage lender Birmingham Midshires They agreed for a fee I applied to land registry with plans sizes etc. Fenced off the boundary Built a house...
Read More →26th September 2022, 4 years ago
Hi This happened to me in 2007. I paid £116000 for a 2 bed flat off plan. 36 flats in the block some paying more than me. Interest only mortgage and reasonable rent. paid a surplus every month. Until mortgage...
Read More →7th October 2019, 7 years ago
Holiday Inn Express -Travelodge-Etc or has the tenant understanding relatives. I am afraid you will need to foot the bill. Good luck
Read More →18th September 2019, 7 years ago
Simple - In future don't take deposits. Total waste of time and effort and unaffordable for many.
Read More →13th June 2019, 7 years ago
Simple question when someone applies; Are you working? if yes start the process.If no Dont worry yourself. The Yes tenant gives Company name this enables Landlord to claim on attachment of earnings if there is default.Never had a problem doing...
Read More →Reply to comment left by David Wilson at 20/03/2018 - 10:42
Reply to the comment left by David Dorset at 20/03/2018 - 10:42Exactly right David. Think about it!! I also take an administration fee (non returnable ) between £200- £250. Never had a quibble.
Read More →19th March 2018, 8 years ago
Be like me - dont charge a deposit and choose your tenants very carefully. I have had tenants for 5+ years continuous. They know they won't find another landlord like me.
Read More →Reply to comment left by Highland Lass McG at 01/02/2018 - 12:25
Reply to the comment left by Highland Lass McG at 01/02/2018 - 12:25Hi Highland lass Once a AST is issued for 6 months any tenant could renege on paying the remaining 5 months. Like I said NO Deposit I have...
Read More →30th January 2018, 8 years ago
Hi This is the very reason I don't take deposits. Its worked for me for the last 10years.
Read More →Reply to comment left by Graham Bowcock at 11/12/2017 - 13:46
Reply to the comment left by Graham Bowcock at 11/12/2017 - 13:46All the above from Graham is correct. From experience as I have done this exercise it can be complicated although drawn out. First check with LA to see if...
Read More →27th July 2017, 9 years ago
Text is too wide on some items otherwise it is a great look congratulations.
Read More →20th May 2017, 9 years ago
Hi Buying shares is highly speculative. Buying Resi BTL property(homes) is creative and a proper investment and not to be confused with sharebuying.
Read More →Reply to comment left by Scott Davison at 04/05/2017 - 13:16
Reply to the comment left by "Scott Davison" at "04/05/2017 - 13:16": Simple. Don't take self employed, or LHA, interview them personally. If they leave owing rent. Attatchment of earnings Order works every time. i have been a landlord for...
Read More →Reply to comment left by NW Landlord at 28/04/2017 - 10:58
Reply to the comment left by "NW Landlord" at "28/04/2017 - 10:58": Hi Yes options is an area I am looking at. Although my next BTL will be in a Ltd Co. Options are complicated so I am learning more....
Read More →Reply to comment left by David Price at 24/04/2017 - 13:04
Reply to the comment left by "David Price" at "24/04/2017 - 13:04": I agree with David Price, I dont take deposits now and have no problems Problems arise when deposits are taken. 15 years ago I did take deposits and...
Read More →Reply to comment left by Monty Bodkin at 19/04/2017 - 12:47
Reply to the comment left by "Monty Bodkin" at "19/04/2017 - 12:47": Yes, A tactical change again now Osbornes gone.Although TM is still best bet. Hammond may change direction with regard to s24 as he is a landlord too Perhaps...
Read More →Reply to comment left by Luke P at 19/04/2017 - 11:20
Reply to the comment left by "Luke P" at "19/04/2017 - 11:20": Well said. My MP is George Osborne and I have voted tory since the age of 18 I am now 78 but will be voting tactical for UKIP....
Read More →Showing 20 of 27 comments