Paul T. Guest

Registered with Property118.com
Wednesday 14th March 2018


Latest Comments

Total Number of Property118 Comments: 9

Paul T. Guest

13:13 PM, 17th May 2021, About 8 months ago

Tenant said it would cost thousands to get her out?

What alternatives are you considering, though? If you sold up and put the money in a "safe" investment that required no effort, such as the building society, you might only get 1.5% return and have no hedge against inflation or against "money-printer go 'brrrr' ".... Read More

Paul T. Guest

12:18 PM, 22nd April 2019, About 3 years ago

Theresa May announces she will ban section 21

Reply to the comment left by Handson Landlord at 21/04/2019 - 07:42
Two months notice either side is standard in a "contractual" periodic (as opposed to a "statutory" that arises by default after the fixed term), but you would normally have to agree it at the outset. However, asking a tenant for two months notice is less "marketable" and quite restrictive on the tenant.... Read More

Paul T. Guest

12:49 PM, 15th April 2019, About 3 years ago

Theresa May announces she will ban section 21

Reply to the comment left by Rod at 15/04/2019 - 12:13
The tenancy doesn't end, just the guaranteed minimum length. But, especially in London, the "minimum" has been abused and often treated as a "maximum" in order to churn for fees and increased rent, so something has had to be done. Who in their right mind would want to move every six months by choice?... Read More

Paul T. Guest

12:40 PM, 15th April 2019, About 3 years ago

Theresa May announces she will ban section 21

Reply to the comment left by Paul Shears at 15/04/2019 - 08:58
"So, at best, now, if a landlord needs to sell up, he can't until the contract ends."

You have identified the real problem here - it ought to be normal to sell the rental as a going concern with the tenant in situ. When shareholders want to recover their investment they just sell their shares - they do not usually break up the underlying healthy income-generating business. Why is the property market so different in this respect?... Read More

Paul T. Guest

5:13 AM, 21st February 2019, About 3 years ago

Lack of Justice in Housing - Legal Blackmail

Ah OK, I see where you're coming from. I think the idea is that all the relevant info should be shown to the tenant before they sign a contract, so the reason for not showing the gas certificate whilst showing everything else would normally be due to not possessing one. I still say being able to evict someone from their home on a whim rather than through some fault of theirs is not something that an absence of should be grounds for crying "victim" just yet. In your friend's case he's just installed a new boiler so the chances are he intends to rent the property out for some time to come and will have plenty of opportunities to rectify the error as new tenants come and go, which I'm sure he's referencing carefully anyway, no? But the technicality of the situation is surely an argument, isn't it, in favour of registering all landlords on a national database so that they can be kept updated by email and text on new developments in the law? As a parallel, imagine a finance or insurance salesman that wasn't regularly guided to follow the exact latest protocols laid down by the FSA and got his commisssion clawed back months or even years down the line when the customer complained of being 'mis-sold'. He might complain about it, but he'd still risk losing the money if he didn't keep up with the rules.... Read More