The premium which I'm talking about is regardless of the number of directors. That figure from NewYorkie is itself, in my view, "ridiculously high" (at £755 with 5 directors) - UNLESS "included" with the building insurance. So both the O.P....
No requirement for D&O insurance, but it seems a good idea, in case a lessee feels the directors have handled something wrongly and take legal action against them. One block I know is paying £70+IPT - but the broker has...
"Further, the government thinks landlords should spend up to £15k on a property to achieve a £240 a year saving for the tenant on hearing bills. The math would show it would take 40 years to get your money back,...
"I cannot find any battery operated ones that are interconnected." Well, I have installed these, which are interconnected by radio, in my house - and in the communal areas of some blocks of flats where I am the most active...
Reply to the comment left by Cider Drinker at 19/07/2024 - 09:45I think you've forgotten something: service charges (and maybe ground rent), especially for flats & maisonettes. That's likely to be an extra £2K. Also the cost of an EPC...
As the others say, you cannot charge interest of as much as 10% PER ANNUM on unpaid rent - only 3% above the Bank of England base rate (which has been 5.25% for nearly a year now, so one can...
If you use that cliché aloud, you've got to be really careful to enunciate it very clearly. Otherwise, you might get a response like this: "Well, obviously they do - and the occasional donkey - but what does that have...
Robert - If you are one of at least 2 chargeable adults occupying your home, you should perhaps have "moved in" to the property for the duration of that 8-month refurbishment - and got the 25% single-occupier discount. And, if...
Before 10 years or so ago (01 April 2013), there'd be no charge if the property was unoccupied AND UNFURNISHED, but things have changed. For the next 2 years, there would be no charge for the first 14 days (of...
Reply to the comment left by Sheridan Vickers at 30/06/2023 - 15:27Sheridan - You and I seem to have different interpretations of that quote: 1. They warn that withholding rent puts tenant at risk of eviction. 2. They don't recommend...
Reply to the comment left by Sheridan Vickers at 27/06/2023 - 23:47Sheridan - a notice does not require to be served personally - you should be able to mail it (WITH "proof of delivery"), or even deliver it to or...
Reply to the comment left by Annie Landlord at 07/11/2022 - 12:23This would seem to show how much Shelter really care about the individuals whom they are supposed to be helping ...
"Is there a reason you say ask for the tenants permission before talking to the guarantor?. Do I fall short of privacy laws or something?" No, Jenny, it's not that - heck, in my opinion tenant and guarantor SHOULD know...
If it's only 5 metres from the building AND allowed to grow unchecked, isn't there a (long-term) risk of structural damage to the building? I bet the insurers would be happier if the tree were kept under control! So, if...
There is a deposit? Get her agreement that the court & bailiff costs are to come out of the deposit, or else will otherwise be paid/reimbursed by her. (That's what I did, some 6.5 years ago: at that time court...
I forgot to mention, you should also be able to claim your legal costs in connection with this matter, including Land Registry fees - and freeholder costs if you were required to cover those!
My immediate answer is, "Yes of course", though IANAL. (The "Editor’s Note" does not seem directly relevant, because this is not a PART disposal.) The expense or cost of an improvement which adds to the value (e.g. refurbishment, extension if...
I once had a dodgy tenant who committed electoral fraud in order to commit financial fraud (!) In a 1-B flat, he gave 4 unrelated male names on the Electoral Return, and a different 4 the following year. But he...
And why should other tenants (i.e. of social housing and other public-sector housing, rather than P.R.S.) miss out on Mr Khan's "generosity" and "help"?
That's £73.40 per month in the first year and £175.63 per month in the second year (OR, an additional £102.63 in the second year). Such a freeze would hit hardest those who are decent to their tenants, rather than putting...
Reply to comment left by Lou Valdini at 27/06/2025 - 14:09
The premium which I'm talking about is regardless of the number of directors. That figure from NewYorkie is itself, in my view, "ridiculously high" (at £755 with 5 directors) - UNLESS "included" with the building insurance. So both the O.P....
Read More →27th June 2025, 10 months ago
No requirement for D&O insurance, but it seems a good idea, in case a lessee feels the directors have handled something wrongly and take legal action against them. One block I know is paying £70+IPT - but the broker has...
Read More →10th February 2025, 1 year ago
"Further, the government thinks landlords should spend up to £15k on a property to achieve a £240 a year saving for the tenant on hearing bills. The math would show it would take 40 years to get your money back,...
Read More →Reply to comment left by David Fox at 10/06/2024 - 13:44
"I cannot find any battery operated ones that are interconnected." Well, I have installed these, which are interconnected by radio, in my house - and in the communal areas of some blocks of flats where I am the most active...
Read More →Reply to comment left by Simon Gear at 19/07/2024 - 09:45
Reply to the comment left by Cider Drinker at 19/07/2024 - 09:45I think you've forgotten something: service charges (and maybe ground rent), especially for flats & maisonettes. That's likely to be an extra £2K. Also the cost of an EPC...
Read More →4th July 2024, 2 years ago
As the others say, you cannot charge interest of as much as 10% PER ANNUM on unpaid rent - only 3% above the Bank of England base rate (which has been 5.25% for nearly a year now, so one can...
Read More →Reply to comment left by Lindsay Keith at 16/09/2023 - 07:58
If you use that cliché aloud, you've got to be really careful to enunciate it very clearly. Otherwise, you might get a response like this: "Well, obviously they do - and the occasional donkey - but what does that have...
Read More →Reply to comment left by Robert Wilby at 18/08/2023 - 10:14
Robert - If you are one of at least 2 chargeable adults occupying your home, you should perhaps have "moved in" to the property for the duration of that 8-month refurbishment - and got the 25% single-occupier discount. And, if...
Read More →18th August 2023, 3 years ago
Before 10 years or so ago (01 April 2013), there'd be no charge if the property was unoccupied AND UNFURNISHED, but things have changed. For the next 2 years, there would be no charge for the first 14 days (of...
Read More →Reply to comment left by Sheridan Vickers at 30/06/2023 - 15:27
Reply to the comment left by Sheridan Vickers at 30/06/2023 - 15:27Sheridan - You and I seem to have different interpretations of that quote: 1. They warn that withholding rent puts tenant at risk of eviction. 2. They don't recommend...
Read More →Reply to comment left by Sheridan Vickers at 27/06/2023 - 23:47
Reply to the comment left by Sheridan Vickers at 27/06/2023 - 23:47Sheridan - a notice does not require to be served personally - you should be able to mail it (WITH "proof of delivery"), or even deliver it to or...
Read More →Reply to comment left by Annie Landlord at 07/11/2022 - 12:23
Reply to the comment left by Annie Landlord at 07/11/2022 - 12:23This would seem to show how much Shelter really care about the individuals whom they are supposed to be helping ...
Read More →Reply to comment left by Jennifer McCavour at 02/11/2022 - 12:52
"Is there a reason you say ask for the tenants permission before talking to the guarantor?. Do I fall short of privacy laws or something?" No, Jenny, it's not that - heck, in my opinion tenant and guarantor SHOULD know...
Read More →1st November 2022, 3 years ago
If it's only 5 metres from the building AND allowed to grow unchecked, isn't there a (long-term) risk of structural damage to the building? I bet the insurers would be happier if the tree were kept under control! So, if...
Read More →1st November 2022, 3 years ago
There is a deposit? Get her agreement that the court & bailiff costs are to come out of the deposit, or else will otherwise be paid/reimbursed by her. (That's what I did, some 6.5 years ago: at that time court...
Read More →17th May 2022, 4 years ago
I forgot to mention, you should also be able to claim your legal costs in connection with this matter, including Land Registry fees - and freeholder costs if you were required to cover those!
Read More →17th May 2022, 4 years ago
My immediate answer is, "Yes of course", though IANAL. (The "Editor’s Note" does not seem directly relevant, because this is not a PART disposal.) The expense or cost of an improvement which adds to the value (e.g. refurbishment, extension if...
Read More →12th March 2022, 4 years ago
I once had a dodgy tenant who committed electoral fraud in order to commit financial fraud (!) In a 1-B flat, he gave 4 unrelated male names on the Electoral Return, and a different 4 the following year. But he...
Read More →10th March 2022, 4 years ago
And why should other tenants (i.e. of social housing and other public-sector housing, rather than P.R.S.) miss out on Mr Khan's "generosity" and "help"?
Read More →10th March 2022, 4 years ago
That's £73.40 per month in the first year and £175.63 per month in the second year (OR, an additional £102.63 in the second year). Such a freeze would hit hardest those who are decent to their tenants, rather than putting...
Read More →Showing 20 of 95 comments