Nick Pope, Author at Property118

Nick Pope

Been there, done that once, never, never, never again.

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Interesting that 44/404 (11%) of Labour MPs are landlords themselves.

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Strikes me that using one of the zero deposit schemes, essentially an insurance policy for the benefit of the landlord which would solve this dilemma provided they cover for pet damage and the introduction of a pet during a tenancy....

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A tenant of mine recently switched to UC and his payments were delayed as they asked for additional information time and again. At one point they requested an original of the tenancy agreement which neither I nor the had as...

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Having just gained possession of a property from an benefits tenant can give you about 15,000 reasons why I will never rent via the public sector again.

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Freeholders blocking sale of my flat?

6th May 2023, 3 years ago

My best guess is that the family simply want to get the flat cheap and are being intentionally obstructive.

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Reply to the comment left by Charles de Lastic at 03/05/2023 - 15:40I suspect that a competent lawyer for the tenant's family would argue that the management company has a duty to inform the landlord of any health and safety...

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Oddly enough I have had to take the same decision and visited my tenant of 10 years just yesterday (27/01). He is, and always bas been, on Housing Benefit and I took him on because his partnet had decamped to...

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Ceiling Heating?

Reply to comment left by Adam Geerdes at 22/01/2023 - 06:19

Reply to the comment left by Adam Geerdes at 22/01/2023 - 06:19You may laugh at the hot head comment but it was true. I was doing an inventory on a fully furnished house in The Bull Meadow, Streatley in the...

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Reply to the comment left by Judith Wordsworth at 20/12/2022 - 10:55The outstanding balance of the mortgage has no bearing on the amount of CGT. It's simply calculated on the difference between purchase price (or probate value if inherited) and...

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Early Repayment Charge?

3rd December 2022, 3 years ago

The reason for the early repayment charge is twofold 1) There are upfront costs to the lender such as set-up, legal, surveys etc which are calculated over the lengthg of the fixed rate 2) Lenders borrow this money wholesale themselves...

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I am in the process of getting a deposit from the DPS and had to go down the Statutory Declaration route. From a third party, I know the tenant will not respond and that he has no access to the...

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Keys and tenants own appliances?

23rd January 2022, 4 years ago

All my properties have a coded lockbox with a spare set of keys. Tenants don't have the code but I will let them have it if they call me and promise to put key back in the box. I then...

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But the "poor old tenant" will be benefitting from lower energy bills as a result.

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Tenant, Neighbour, Agents and the fence?

31st July 2021, 5 years ago

I dealt with a situation like this many years ago. All parties being difficult and then the owner checked the deeds. The boundary was his responsibility but there was no requirement to actually have any sort of fence so he...

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Ceiling Heating?

31st July 2021, 5 years ago

If the property is late 60s or 70's there were several systems available. The commonest was ICI Flexel. It was cheap to install, each room could be separately controlled but it was expensive to run and easily damaged - one...

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It's up to the developers. They build a product and offer it for sale - it's your choice whether you buy it or not. Let's reverse the situation. If a potential tenant came to you and insisted they needed a...

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No maintenance charge no agreement?

12th June 2021, 5 years ago

In these circumstances, my immediate concern would be whether the fabric of the building is insured. If not and the worst happens you get nothing. If the freeholder has not insured then you gave an insurable interest but all the...

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Firstly I assume that these are existing tenants on AST'a and not sitting tenants with security of tenure which would have a significant (25% - 50%) effect on value. From the valuation point of view, lenders require a valuation at...

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Taxation of 7 months rent in advance?

30th January 2021, 5 years ago

I may have a ossible answer to this query. We have been dealing with an estate where the property was let in October 2019 to a Chinese national who could not supply financial references so the full year's rent was...

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Showing 20 of 179 comments

Nick Pope

Nick Pope


Registered with Property118.com

18th August 2013

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