How the hell did you get an all electric flat to a C?!? Mine's come back as an F! Though only because the assessors always assume the worst, and now I have to dig out old photos of the refurb...
Reply to the comment left by Tim Rogers at 14/04/2022 - 15:32I've just had an EPC done and I too have "Electric instantaneous at the point of use" inline water heaters. Despite the clear advantages as Chris mentioned, they are...
4 months in to a new tenancy I still haven't received any UC for my tenant, despite logging 2 APA applications (formerly UC47) via the portal. UC finally called me to arrange setting up the payment last week, apparently at...
Thanks Iain, you are of course correct. I realised my folly whilst out walking the dog, which of course was to presume that at 4am and only 1 cup of coffee down was the right time to be thinking about...
Reply to the comment left by Darren Peters at 16/11/2019 - 12:21Deliberately vague post (see disclaimer at the end). There might be another way Darren, depending on the attitude to risk and the particular circumstances. As per your example, an...
It used to be the case that the tenant's approval was necessary for an APA, and they could stall the whole process by simply refusing to answer DWP's request for approval, but that's no longer true. Re repairs stopping payment...
Fair enough Ian, I'll agree your plan is certainly less risky from the perspective of MX. But risk is a value judgement and we don't have all the information necessary to make an informed opinion as to the balance of...
Yes it's true that MX have acquired that reputation, however I can only comment on the information to hand. They appear to be being reasonable here as they are not enforcing their Right to Consolidate in its entirety, and there's...
Reply to the comment left by Ian Narbeth at 09/04/2019 - 10:12Interesting comment Ian, is this what you're worried about: Lender > "When you sell this property, from the proceeds we'd like to you to pay £5,000 off your other...
Of course the correct thing to do is to run it past your lender, that way you'll have a clear conscience, be able to stop worrying, and know you're doing the right thing. Yes there may be a financial impact,...
Reply to the comment left by rav singh at 03/04/2019 - 16:03As Dylan said, the £20 daily interest should just be your normal monthly interest (about £600 by any chance?) expressed as a daily figure. Have you tried going back...
Reply to the comment left by Chris Baker at 26/02/2019 - 12:03Hi Kris, can you explain why you think the landord doesn't count as a "person" in the assessment of the numbers in a HMO please?
Given that HMOs are meant to give one of the best returns of any property investment (other than serviced accommodation), why are you selling a HMO but after a "maximum income" investment?
I'm afraid you need the advice of someone who's an expert here Allen, as there are many issues you need to sort out. Not least the one that licensing and planning are nothing to do with each other. You may...
This is terrible news for more marginal tenants. E.g. A tenant applicant offered a double deposit (equivalent to 2 months rent) because the husband has just taken redundancy. Whilst he was unemployed at the time of their applications, I was...
mrmr1993 > "I can appreciate that it's hard to grasp the content of the GDPR without reading it" Wow, passive aggressive much!?! I too had to fill in a Sefton council's license form and balked at the amount of irrelevant...
This is terrible news for tenants that are less than squeaky clean. I know someone at the moment who typically "fails" credit referencing and so is actively offering to give 2 months' deposit to agents to mitigate the landlord's fears....
Great reply by Nick Pope, do what he said! > "A cynical person might also suspect that the £9,000 rent has been built into the selling price " Cynical? An astute person you mean. Of course the guaranteed rent has...
Hi Jun, it looks like the owners of the property have had a CCJ against them but were unable to pay, so the creditor (Mr YY) applied to the court for a Charging Order, which secured the outstanding debt against...
8th October 2025, 7 months ago
Tenants... an endless source of comedy gold! 😂
Read More →Reply to comment left by DSR DSR at 14/04/2022 - 17:52
How the hell did you get an all electric flat to a C?!? Mine's come back as an F! Though only because the assessors always assume the worst, and now I have to dig out old photos of the refurb...
Read More →Reply to comment left by Tim Rogers at 14/04/2022 - 15:32
Reply to the comment left by Tim Rogers at 14/04/2022 - 15:32I've just had an EPC done and I too have "Electric instantaneous at the point of use" inline water heaters. Despite the clear advantages as Chris mentioned, they are...
Read More →8th February 2021, 5 years ago
4 months in to a new tenancy I still haven't received any UC for my tenant, despite logging 2 APA applications (formerly UC47) via the portal. UC finally called me to arrange setting up the payment last week, apparently at...
Read More →Reply to comment left by Iain Aitken at 19/11/2019 - 07:11
Thanks Iain, you are of course correct. I realised my folly whilst out walking the dog, which of course was to presume that at 4am and only 1 cup of coffee down was the right time to be thinking about...
Read More →Reply to comment left by Darren Peters at 16/11/2019 - 12:21
Reply to the comment left by Darren Peters at 16/11/2019 - 12:21Deliberately vague post (see disclaimer at the end). There might be another way Darren, depending on the attitude to risk and the particular circumstances. As per your example, an...
Read More →6th July 2019, 7 years ago
It used to be the case that the tenant's approval was necessary for an APA, and they could stall the whole process by simply refusing to answer DWP's request for approval, but that's no longer true. Re repairs stopping payment...
Read More →9th April 2019, 7 years ago
Fair enough Ian, I'll agree your plan is certainly less risky from the perspective of MX. But risk is a value judgement and we don't have all the information necessary to make an informed opinion as to the balance of...
Read More →9th April 2019, 7 years ago
Yes it's true that MX have acquired that reputation, however I can only comment on the information to hand. They appear to be being reasonable here as they are not enforcing their Right to Consolidate in its entirety, and there's...
Read More →Reply to comment left by Ian Narbeth at 09/04/2019 - 10:12
Reply to the comment left by Ian Narbeth at 09/04/2019 - 10:12Interesting comment Ian, is this what you're worried about: Lender > "When you sell this property, from the proceeds we'd like to you to pay £5,000 off your other...
Read More →9th April 2019, 7 years ago
Of course the correct thing to do is to run it past your lender, that way you'll have a clear conscience, be able to stop worrying, and know you're doing the right thing. Yes there may be a financial impact,...
Read More →Reply to comment left by rav singh at 03/04/2019 - 16:03
Reply to the comment left by rav singh at 03/04/2019 - 16:03As Dylan said, the £20 daily interest should just be your normal monthly interest (about £600 by any chance?) expressed as a daily figure. Have you tried going back...
Read More →Reply to comment left by Chris Baker at 26/02/2019 - 12:03
Reply to the comment left by Chris Baker at 26/02/2019 - 12:03Hi Kris, can you explain why you think the landord doesn't count as a "person" in the assessment of the numbers in a HMO please?
Read More →18th February 2019, 7 years ago
Given that HMOs are meant to give one of the best returns of any property investment (other than serviced accommodation), why are you selling a HMO but after a "maximum income" investment?
Read More →5th February 2019, 7 years ago
I'm afraid you need the advice of someone who's an expert here Allen, as there are many issues you need to sort out. Not least the one that licensing and planning are nothing to do with each other. You may...
Read More →27th January 2019, 7 years ago
This is terrible news for more marginal tenants. E.g. A tenant applicant offered a double deposit (equivalent to 2 months rent) because the husband has just taken redundancy. Whilst he was unemployed at the time of their applications, I was...
Read More →13th January 2019, 7 years ago
mrmr1993 > "I can appreciate that it's hard to grasp the content of the GDPR without reading it" Wow, passive aggressive much!?! I too had to fill in a Sefton council's license form and balked at the amount of irrelevant...
Read More →13th January 2019, 7 years ago
This is terrible news for tenants that are less than squeaky clean. I know someone at the moment who typically "fails" credit referencing and so is actively offering to give 2 months' deposit to agents to mitigate the landlord's fears....
Read More →13th January 2019, 7 years ago
Great reply by Nick Pope, do what he said! > "A cynical person might also suspect that the £9,000 rent has been built into the selling price " Cynical? An astute person you mean. Of course the guaranteed rent has...
Read More →13th January 2019, 7 years ago
Hi Jun, it looks like the owners of the property have had a CCJ against them but were unable to pay, so the creditor (Mr YY) applied to the court for a Charging Order, which secured the outstanding debt against...
Read More →Showing 20 of 161 comments