Ray Mo

Registered with Property118.com
Sunday 7th January 2018

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 5

Ray Mo

17:11 PM, 11th January 2018
About 3 years ago

The Dreaded Prescribed Information!

Reply to the comment left by Asif Ahmed at 11/01/2018 - 15:45
That's great literally just typed that into my AST template. Will consider adding something about recouping eviction/ court costs too...unless you have that handy too... Read More

Ray Mo

12:11 PM, 11th January 2018
About 3 years ago

Blighted as a landlord after major claim?

Perhaps I have misunderstood this post...

Most LLs simply have the building insurance and the contents insurance is down to the tenant to have in place...

If there is a pipe leak causing that much damage...wouldn't it just be a case of claiming on the building insurance...

Perhaps I have the blinkers on as I rent the property unfurnished to the tenant...... Read More

Ray Mo

8:58 AM, 9th January 2018
About 3 years ago

The Dreaded Prescribed Information!

Reply to the comment left by Bonnie Scott-Laws at 08/01/2018 - 14:35
Thanks Bonnie, I was thrown on a slight wild goose chase due to the below article:

https://www.landlords.org.uk/news-campaigns/news/regaining-possession-where-tenants-are-arrears

Deposits, firstly. Landlords have to make sure they have provided a copy of all certificates, terms and conditions, leaflets and any other 'prescribed information' to all tenants, guarantors and any other 'relevant persons', including the tenant's mother or grandmother if they paid some or all of the deposit directly to the landlord.

In my case, I had the Guarantor listed on the tenancy agreement but the cash deposit was taken from the tenant. To my knowledge there was no involvement of the guarantor with the deposit.

My concern was if I had to prove this point regarding the guarantor, however the burden of proof is on the tenant/guarantor to show they had paid directly to me (i.e. cheque, bank transfer and even if in cash, one would reasonably expect written confirmation or receipt).

So after contacting various SMEs, I should be fine as I have given the prescribed info to the tenant and they are the only ones named in the DPS too.

I have since served the S21 notice and will wait two months before applying for a Possession Order and Money Judgement.... Read More

Ray Mo

16:51 PM, 7th January 2018
About 3 years ago

Non-development covenant on an ex-LA house

Sorry for the detour, appreciate anyone's views:

Just by way of background for my own case, I had a 12 month tenancy agreement (March 2016) which has since rolled onto a periodic tenancy agreement.

This agreement was for a tenant and I "thankfully" had their guarantor included in the tenancy agreement.

Separately, for the tenant's deposit (as far as I am unaware is unrelated to the guarantor), I had only given prescribed info to the tenant and nothing for the guarantor.

Have I landed myself in hot water.

I have so far only issued a section 21 (no rent arrears)...

When it comes.to the possession order I had intended to bundle in all the court related fees by way of a Money Judgement. But now wary I'm case my prescribed information was not sufficient due to omitting the guarantor.

Appreciate any thoughts on my situation...

Thanks
Ray... Read More

Ray Mo

16:42 PM, 7th January 2018
About 3 years ago

The Dreaded Prescribed Information!

Just by way of background for my own case, I had a 12 month tenancy agreement (March 2016) which has since rolled onto a periodic tenancy agreement.

This agreement was for a tenant and I "thankfully" had their guarantor included in the tenancy agreement.

Separately, for the tenant's deposit (as far as I am unaware is unrelated to the guarantor), I had only given prescribed info to the tenant and nothing for the guarantor.

Have I landed myself in hot water.

I have so far only issued a section 21 (no rent arrears)...

When it comes.to the possession order I had intended to bundle in all the court related fees by way of a Money Judgement. But now wary I'm case my prescribed information was not sufficient due to omitting the guarantor.

Appreciate any thoughts on my situation...

Thanks
Ray... Read More