Landlord Phil

Registered with Property118.com
Sunday 4th June 2017


Latest Comments

Total Number of Property118 Comments: 81

Landlord Phil

10:38 AM, 12th June 2021, About 4 months ago

Can Guarantor give notice to end tenancy that has become periodic?

I had a court case for non payment of rent on a periodic tenancy. The guarantor claimed his responsibility ended once the AST became periodic. The magistrate disagreed. He had to pay. Why? Because he was named as guarantor on the AST & had equal responsibility to the tenant. As has been previously stated, good tenants an turn bad. If I was the landlord in this case, I simply wouldn't accept your wish to end the guarantor arrangement. A credit rating means nothing if payments stop. Some of my best tenants have ridiculously good credit ratings, but the loss of a job means they couldn't care less about their credit rating. Having no income really changes peoples values. So having a guarantor makes sense. Who knows how jackyll & hyde the situation could become.... Read More

Landlord Phil

10:23 AM, 12th June 2021, About 4 months ago

Council declares war on Landlords while stealing housing from them

I have no licenced property. If any become licensable, my policy is that rent must go up to cover the cost. I will licence if I need to. However, if the rent becomes unrealistic, that's just tough. The tenent can choose to exercise their right to leave. Then I'll sell at the top of the market. Same goes for any cost I am forced to accept. Why? Because I'm sick of this kind of ridiculous behaviour. My business model is being forcibly changed, so I will change with it. I used to enjoy being a landlord, now I don't care. I'm investing elsewhere. Let's hand over the housing problem to gov. They want us out, so fine, take the win & take the problems with it. Property isn't the only investment vehicle out there. I used to feel I was helping people while earning money. I don't any more. If gov don't care, why should I?... Read More

Landlord Phil

11:09 AM, 23rd May 2021, About 5 months ago

Rent in Advance or Rent in Arrears?

You're much more flexible than I am. But then again, I don't know your situation. I personally always get enough applicants to be able to choose who I take. There's no way I would vary my terms. I'd rather sell up than increase my risk factor. I didn't get into property to be charitable. I need an income.... Read More

Landlord Phil

11:39 AM, 22nd May 2021, About 5 months ago

EICRs From Hell?

I have a lot of properties & a regular spark that I'd rather pay to travel than have a local do it. Get a recommendation & pay him well. You'll be glad of the honesty in the long term... Read More

Landlord Phil

11:35 AM, 22nd May 2021, About 5 months ago

Rent in Advance or Rent in Arrears?

Put simply, you don't. You set your standard, if your prospective tenants can't comply, they don't get a tenancy. Simple really. It's your choice. Benefits or not, it's your rules, that's it.... Read More