Eps

Registered with Property118.com
Monday 8th January 2018


Latest Comments

Total Number of Property118 Comments: 21

Eps

10:58 AM, 6th September 2021, About 2 months ago

Reclaiming lost rent - Tenant perspective?

Firstly, have you spoken to the agent about this on a friendly basis? I would put it in writing as well the points of rent paid and what was broken etc which resulted in your son moving in later. The simplest thing would be pursue it with the agent and hopefully the Landlord will agree at his discretion. However, the agent may come back with the excuse that others moved in before him and put it that it was his choice not to or whatever to avoid giving a refund obviously. I am not sure if the facts you've given are sufficient grounds for your son not occupying the property. Hope others will be clearer on that for you. As for the smalls claims, I would approach that as a last resort, it is time consuming and depends on concrete proof.... Read More

Eps

13:38 PM, 28th July 2021, About 3 months ago

Tenant declining access for surveyor until post eviction?

As far as I know, tenants are not obliged to give access. I've had a similar scenario and there was absolutely nothing I could do. Since they are being evicted, they will just sit pretty, sorry.... Read More

Eps

13:34 PM, 28th July 2021, About 3 months ago

Tenant's improvements concerns?

It sounds like he has just started his tenancy and maybe this is the first time he has rented so I would be very, very cautious that he is asking for a major change even at his own expense. I think you need to see what kind of tenant he proves to be and that takes time. Definitely get to know him and his motives. The main question is whether you want your property to have laminate floors or not? If it is an improvement then I believe you would not be able to claim the costs as an allowable expense if you were to have it done yourself at some point?

I personally would not wish to give him the go ahead simply because I am cautious and feel there are more things that could potentially go wrong than right for all parties to benefit. As you rightly say, it depends mostly on the quality of workmanship and the materials I would add. How would you be able to control those to protect your property from any disasters as a result of the work? Not only that but there are health and safety rules to abide by so the patio would have to be compliant. I have reasonably long term tenants so am happy to replace carpets throughout between tenancies which they are very happy about.

Also where are his funds coming from, are they his savings? Or are they perhaps monies from another source such as his relatives? In either case, is it prudent to agree for him to use his money this way, in the former instance, you want him to be a long term tenant able to afford rent/utilities and in the latter, would you be opening yourself up to his relatives potentially demanding the costs back from you? And what if something, heaven forbid, happens to your tenant before the work is completed and paid for?

It's always a very difficult balance between what is best for you/your property/legal obligations and keeping tenants happy. As a compromise in the short term, I would suggest that when you replace the carpets, he may contribute his preferences if he wishes but that since, truthfully, it is the first time you've had a request like this, you need time to consider all eventualities and as it is a rental property you are naturally cautious about making such a major change of flooring and patio addition.... Read More

Eps

11:55 AM, 23rd July 2021, About 3 months ago

Should I proceed with offering a tenancy agreement?

The referencing process exists for a reason, if all you are doing is overlooking their recommendations, what's the point? I have read that offering rent in advance for a long period of time can be a red flag as well - where did that money come from if they are only just able to afford the rent (what about affording all the utilities?), previous LL's good references is very limited (I've had yes or no questions to paying rent on time on referencing requests but that is just one indicator of many of a good tenant) and what happens at the end of that year? Also not all CCJ's show up on checks so overall I would not choose them as my first choice and continue the search. This is the only chance you have to be as careful as possible.... Read More

Eps

11:23 AM, 24th January 2019, About 3 years ago

Best route to mitigate Stamp Duty for new landlord?

We were faced with a similar scenario a couple of years back and we looked at every route possible to try to reduce overall costs. There weren't any! If we gained in one way, we lost in another so for us the figures simply did not work out with the costs of setting up a ltd co.... Read More