David Smith, Author at Property118

David Smith

Doesn’t the ban on tenant fees apply to Freeholder (Landlord) and Lease Holder.. It must be inherent?

Read More →

It sounds like you’re managing your property anyway!!! Get rid of the agents and save yourself havtto pay their fees.

Read More →

Tenant wants to leave early?

30th August 2023, 3 years ago

As long as you do not loose any money in the deal like agents fees you may have paid for the term plus any voids. I have previously refused a tenant’s request to vacate early as they were not willing...

Read More →

Rent to rent advice?

16th August 2023, 3 years ago

If you go ahead you must rent the property on a Commercial Contract and not an AST. The AST would not be valid as the landlord would not be living in the property. With a Commercial contract you could have...

Read More →

Reply to the comment left by Tony Phillips at 14/08/2023 - 14:43In this case the Company would be the tenant and the person living there would be classed as the occupier. Company Contracts give les rights to the tenant unlike...

Read More →

Rent a property for one year only?

14th August 2023, 3 years ago

One of the the requirements to be able to rent a property is having a EICR inspection. If it fails the cost of remedial works could make it financially not worth it. You will also need to check if there...

Read More →

If the letting agent thinks this is such a great idea then why don’t they become the guarantor?

Read More →

Reply to the comment left by John Clark at 02/08/2023 - 10:15One of my rentals is a flat. The EPC states “Flat roof insulation assumed” ( I’ll guarantee there is no insulation) so I have achieved a C. The flat...

Read More →

I did see a program last night about Hydrogen Gas Boilers. They are Carbon free and could well be the future as the boiler is much like the current gas boiler size. Cadent are saying that most of their Pipe...

Read More →

Bike storage in flats?

2nd August 2023, 3 years ago

Even though you have 2/3 of the Freehold there will still be a lease. What does that say?

Read More →

Did the Letting Agent make it known other than in their Standard T&Cs that there was a renewal fee? They can not hide such an important clause. If not then Renewal fee is not enforceable. ( OFT V Foxtons )...

Read More →

What does your lease ( Superior Lease ) say about Short term lets? It most likely prohibits them so that could be a route out of this situation. Your AST should have a clause referring to the the Superior Lease.

Read More →

Reply to the comment left by Martin Hicks at 24/07/2023 - 10:45No doubt that at some point all properties Residential / Commercial will fall into this type of proposed legislation.

Read More →

My understanding is the the Superior Landlord (Freeholder) will fall into the new legislation. Thus compelling lease holders to accept pets.

Read More →

If the floor Sqm of the shop is 25% or more of the total area of the property then Collective Enfranchisement is not an option.

Read More →

Thanks for your post!! Just a point on Combi boilers are we saying they achieve a lower EPS score than Pressurised system? I only ask as my Boiler is 15 years old and will need a change soon.

Read More →

Reply to the comment left by G Master at 15/07/2023 - 08:43Sorry that’s totally incorrect!! All of those items you have listed do still apply.

Read More →

The Guarantors would need to pass strict referencing . Also you could ask for 12 months rent in advance.

Read More →

Section 20 issues?

14th July 2023, 3 years ago

Consider having a Sink Fund (Reserve Fund) that would eliminate the need for the S20 process ahead of planned works.

Read More →

Yes you can rent to a company. Selective Licensing is irrelevant. I’ve personally let to companies previously. The Contract will be a Company Contract and not an AST as some. Previously mentioned. The tenant will be the Company and the...

Read More →

Showing 20 of 111 comments

David Smith

David Smith


Registered with Property118.com

14th June 2022

Total Posts

0

Total Comments

111