On 04.05.26 I Issued a S8 to my tenants, who are 10 months in arrears, with the intention to make a claim for possession once the official four week notice period expires in early June. Of course they are now...
Hi James I've only done one of these and it turned out to be an absolute nightmare, obviously I was deterred from pursuing any more. Firstly, if you take the Grant you never get any rent. The Council recover their...
As far as I'm aware one of the main reasons given to justify paying the Housing Benefit element of UC direct to the tenant was to encourage them to be more responsible and to learn how to manage a budget....
Have you considered a variation of your number 4, paying off your own mortgage. See if your current lender offers an offset mortgage facility. That way you will be saving the interest due on the first £100k of your mortgage...
Julia I'm at the other end of the scale from you. I've just completed a five year arrangement with Rossendale Council. I would heed the advice of other contributors and stay well away from such an arrangement. I had just...
CaZ I would have no hesitation in informing the Council. At least they would take up the mantel and chase the owner of the property. Once he got his Seven Day Notice I would like to think that he would...
CaZ You need to be cautious before inviting the Local Council into this situation. They are not all as accommodating as yours seemed to be. I was in exactly the same situation as Cathy last year. Every request for the...
Rosalind Reading the whole thread I fully understand why you feel let down by the community. But that’s exactly what it is, it’s a Community. People will always see things from their own perspective which may be completely at odds...
A handy document to hold in any landlords arsenal. I simply copied and pasted it into a word document and placed it in my "Tenants" folder. Its then easy to edit to take account of any additional agreed deductions from...
What a superb post. Reading it was like watching a game of ping pong. There was the initial sympathy towards the OP’s position which quickly evaporated following the next few postings. Then as more people joined in and different points...
Jeremy. I know what you mean with your last comment. Personally I don't understand all the fuss. Its January 9th and I've yet to bump into my first Bulgarian. Mind you, we've only been in Bulgaria for three days.
I, for one, welcome this new initiative. Whilst the phrase "None of us knows as much as all of us" is true. I also believe that few of us know as much as Mark does. His experience in numerous spheres...
Reply to the comment left by "Jay Jay" at "23/09/2013 - 15:49": Gary If you are in possession of the tenants details why not speak to them directly for their comments?
Reply to the comment left by "Damian Sabino" at "16/08/2013 - 11:02": Damian The best advice you are getting on here is "Read all you can and do your own due diligence". Only you can determine the level of risk...
Gary I'm sorry you were offended at my description of the tenant as a "Housing Benefit Tenant". I put it there deliberately to identify this tenant as one who makes no personal financial contribution to the rent which, all too...
Jon. If you have high ceilings then you may be able leave the original ones where they are to protect their architectural integrity. Get your builder to put a timber framework about 10cm below the coving. Fix the plaster boarding...
Mark. You may wish to revise your comparison with the cost of a Consumer Credit Licence. I've just applied for mine to be renewed and the cost has gone up to £575.00
8th May 2026, 2 weeks ago
On 04.05.26 I Issued a S8 to my tenants, who are 10 months in arrears, with the intention to make a claim for possession once the official four week notice period expires in early June. Of course they are now...
Read More →23rd August 2019, 7 years ago
Hi James I've only done one of these and it turned out to be an absolute nightmare, obviously I was deterred from pursuing any more. Firstly, if you take the Grant you never get any rent. The Council recover their...
Read More →16th November 2018, 8 years ago
As far as I'm aware one of the main reasons given to justify paying the Housing Benefit element of UC direct to the tenant was to encourage them to be more responsible and to learn how to manage a budget....
Read More →16th February 2018, 8 years ago
Have you considered a variation of your number 4, paying off your own mortgage. See if your current lender offers an offset mortgage facility. That way you will be saving the interest due on the first £100k of your mortgage...
Read More →9th January 2018, 8 years ago
Julia I'm at the other end of the scale from you. I've just completed a five year arrangement with Rossendale Council. I would heed the advice of other contributors and stay well away from such an arrangement. I had just...
Read More →23rd January 2015, 11 years ago
CaZ I would have no hesitation in informing the Council. At least they would take up the mantel and chase the owner of the property. Once he got his Seven Day Notice I would like to think that he would...
Read More →23rd January 2015, 11 years ago
CaZ You need to be cautious before inviting the Local Council into this situation. They are not all as accommodating as yours seemed to be. I was in exactly the same situation as Cathy last year. Every request for the...
Read More →4th December 2014, 11 years ago
Rosalind Reading the whole thread I fully understand why you feel let down by the community. But that’s exactly what it is, it’s a Community. People will always see things from their own perspective which may be completely at odds...
Read More →27th August 2014, 12 years ago
A handy document to hold in any landlords arsenal. I simply copied and pasted it into a word document and placed it in my "Tenants" folder. Its then easy to edit to take account of any additional agreed deductions from...
Read More →27th February 2014, 12 years ago
What a superb post. Reading it was like watching a game of ping pong. There was the initial sympathy towards the OP’s position which quickly evaporated following the next few postings. Then as more people joined in and different points...
Read More →9th January 2014, 12 years ago
Jeremy. I know what you mean with your last comment. Personally I don't understand all the fuss. Its January 9th and I've yet to bump into my first Bulgarian. Mind you, we've only been in Bulgaria for three days.
Read More →30th December 2013, 12 years ago
I, for one, welcome this new initiative. Whilst the phrase "None of us knows as much as all of us" is true. I also believe that few of us know as much as Mark does. His experience in numerous spheres...
Read More →Reply to comment left by Jay Jay at 23/09/2013 - 15:49
Reply to the comment left by "Jay Jay" at "23/09/2013 - 15:49": Gary If you are in possession of the tenants details why not speak to them directly for their comments?
Read More →16th August 2013, 13 years ago
Reply to the comment left by "Damian Sabino" at "16/08/2013 - 11:02": Damian The best advice you are getting on here is "Read all you can and do your own due diligence". Only you can determine the level of risk...
Read More →14th June 2013, 13 years ago
Gary I'm sorry you were offended at my description of the tenant as a "Housing Benefit Tenant". I put it there deliberately to identify this tenant as one who makes no personal financial contribution to the rent which, all too...
Read More →12th April 2013, 13 years ago
Jon. If you have high ceilings then you may be able leave the original ones where they are to protect their architectural integrity. Get your builder to put a timber framework about 10cm below the coving. Fix the plaster boarding...
Read More →17th September 2012, 14 years ago
Mark. If each party is applying for a £130k mortgage (65% LTV) would they not also have to each find a £70k deposit on completion?
Read More →11th September 2012, 14 years ago
Mark. You may wish to revise your comparison with the cost of a Consumer Credit Licence. I've just applied for mine to be renewed and the cost has gone up to £575.00
Read More →