Mark Crooks

Registered with Property118.com
Tuesday 24th May 2016


Latest Comments

Total Number of Property118 Comments: 12

Mark Crooks

10:14 AM, 31st October 2020
About 4 weeks ago

You take the risk and I will take the tenant!

Reply to the comment left by David Price at 31/10/2020 - 09:17
You don't take risk without limit. The market value of the property (if destroyed) plus costs is the limit of liability. i.e. a limit.... Read More

Mark Crooks

8:17 AM, 31st October 2020
About 4 weeks ago

You take the risk and I will take the tenant!

I thought that if LHAs or Councils wanted to effectively sub let your property, the rent and maintenance would be guaranteed for the period you agreed to (e.g. 5 years).

The downside to the landlord being lower rents compared to what you would normally expect to receive.

If this is not the case with David then I agree that terms need to be defined in relation to what benefits David is receiving for a lower rent and effectively locking this in for 5 years.

I think Michaels reply is measured and valid. 'without limit' is the wrong term. It is unreasonable to expect any person or organisation to agree to this. Would you... ever?... Read More

Mark Crooks

7:49 AM, 2nd May 2020
About 7 months ago

Has anyone ever successfully sued a District Council?

Reply to the comment left by Jessie Jones at 01/05/2020 - 21:27
Jessie Jones's suggestion is unpalatable but probably your best option if SIL will not leave. Sueing will most probably cost you heavily in money, time and stress.
Consider SILs position. You need to create a way out for him if he cannot create one himself.

It's very easy to let emotion and pride dictate your actions in situations like these but do you really want to spend the next year or two stressing about legal issues and upcoming court appearances when you already know your chances of renumeration are so low?... Read More

Mark Crooks

8:09 AM, 28th March 2020
About 8 months ago

Coronavirus - Covid 19 - Open Letter To All Landlords And Tenants

As others have already said, a great level headed post.

As landlords, if your tenants have not been in touch already it might be a good idea to plan what your response will be if you do get the call.

Perhaps have a few alternative solutions. I guess each household will need to be handled differently depending on the circumstances.

Offering a 3 month payment holiday will obviously build up a sizeable debt for the tenant and if their income has been decimated due to the virus, this may be hard or impossible to repay.

80% payment for furloughed tenants sounds like a sensible offer though.... Read More

Mark Crooks

9:51 AM, 5th April 2019
About 2 years ago

Worried to call mortgage supplier over consent to let

Personally I wouldn't bother mentioning it.
It's quite a grey area as well as you are also residing in the mortgaged property. So it's not a BTL property.
So long as you are making your payments on time I'm sure the Halifax are quite happy.

If you really cannot stop thinking about this then you should give them a call and tell them everything and be prepared for an increase in interest rate. If they don't change the rate then that's a bonus.... Read More