Registered with Property118.com
23rd February 2020
Total Posts
0
Total Comments
20
Registered with Property118.com
23rd February 2020
Total Posts
0
Total Comments
20
2nd April 2022, 4 years ago
Its a company let not an AST so gaining possession should be straight forward. However, I would be inclined to get on a plane, go out there and knock on the door and ask them why they haven't left in...
Read More →Reply to comment left by Reluctant Landlord at 12/08/2020 - 17:03
Sue Sims does social housing in Birmingham and is usually looking for property. Her company has Genie in the title. You will find her on Facebook either via her page or Partners in Property group.
Read More →Reply to comment left by Mike at 05/09/2020 - 03:30
You’re certainly not going to loose - you have the full rent value(no maintenance costs) plus up to 32% uplift on your investment if you wish to add it to the purchase price. I have 3 lined up for this,...
Read More →4th September 2020, 6 years ago
Yes, this is called Rent to buy. Your friend would be the tenant buyer. You buy the property under your name and he rents it from you over a pre-dertermined period of between 1-10 years. You use a modified AST...
Read More →3rd July 2020, 6 years ago
The service charge for the 2 bed will include a fee for the lift maintenance, which can considerably increase the cost going on.
Read More →19th June 2020, 6 years ago
My last tenant had a 12 month bond (supposed to save to replace it in 12 months). She left at 11 months with lots of damage and I called the bond in. I would be tempted to leave the arrangement...
Read More →16th June 2020, 6 years ago
Do the properties not have any equity- have they gone down in value since you took out the mortgages? In the normal course of events you would have had to remortgage both again this year With probably 75% LTV. If...
Read More →4th June 2020, 6 years ago
My understanding of the legislation was that those who had already exchanged could complete, but those yet to exchange were requested to delay. I bought a flat with completion on 1st April (it was delayed a day or so as...
Read More →4th June 2020, 6 years ago
My understanding of the legislation was that those who had already exchanged could complete, but those yet to exchange were requested to delay. I bought a flat with completion on 1st April (it was delayed a day or so as...
Read More →4th June 2020, 6 years ago
I'd just check the lease - I bought a flat to use as luxury SA and found that if I wish to rent it out I can do by applying though the freeholders website - and that specifically prohibits 'short...
Read More →3rd June 2020, 6 years ago
You could tell her that you have accepted her notice for the 6th, which was just after the contract ended and you had stated that you were not renewing. Tell her that you will be informing the council/universal credit that...
Read More →5th May 2020, 6 years ago
I like the first suggestion to use your payment as deposit on the larger unit. This will allow the developer to re sell the smaller one sooner and get double the income before finishing the second unit.
Read More →5th May 2020, 6 years ago
So does this mean that existing tenancies don’t need this to be done until next year? And only new tenancies require it doing now?
Read More →30th April 2020, 6 years ago
I don’t think you can have it both ways. Asking for a mortgage holiday is telling them you can’t afford to pay your mortgage currently and are in financial hardship, and taking out a new mortgage requires a declaration you...
Read More →21st April 2020, 6 years ago
If the estate is in probate, then this can take months/years to resolve. If the tenant was on benefits then I would be inclined to contact the council in addition to the daughter, as I suspect that the estate will...
Read More →2nd April 2020, 6 years ago
Yes this sounds like abandonment, so you need to re-take possession of the property in order to secure it. Speak to your insurance company and see if they will cover the repairs and also speak to the police. It is...
Read More →2nd April 2020, 6 years ago
I would suggest that she can't have her cake and eat it ie keep her possessions at your flat and not pay rent whilst using the room as storage. I suggest that she ought to rent a van with another...
Read More →20th March 2020, 6 years ago
All the reports say the government is effectively preventing NEW applications for eviction of tenants affected financially BY Coronavirus. For me affected means that they have the disease, are isolated/hospitalised and unable to work/be paid. Or they have been sent...
Read More →20th March 2020, 6 years ago
All the reports say the government is effectively preventing NEW applications for eviction of tenants affected financially BY Coronavirus. For me affected means that they have the disease, are isolated/hospitalised and unable to work/be paid. Or they have been sent...
Read More →5th March 2020, 6 years ago
If this is small claims court, then it is decided on the balance of probability, so issues like how much money was paid will come down to comparing bank accounts - you and the tenants, and your contract. If your...
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