JJ

Registered with Property118.com
Tuesday 22nd May 2018

Trading Status
Sole Owner

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 78

JJ

14:50 PM, 22nd August 2019
About 2 days ago

Increase housing benefit and build 3 million social homes

On the "wildly expensive" private rents I've just discovered that my tenants are still not putting out their rubbish. On my most recent visit last week I found that their unsorted rubbish was buried in the compost heap (food, plastics, bottles, cardboard). What happens when the tenants do this is that foxes and other vermin attack the rubbish and spread it around the garden.
When you're faced with this kind of problem you can't charge your tenants - the law does not allow it. So you have two options:
- evict them for not complying with the terms of their tenancy agreement
- put the rent up
Because you cannot put the rent up unilaterally under the terms of a AST you have to take a guess as to what else the tenants are going to do to your property that you can't charge them for and make sure the rent goes up high enough to cover it.
You have to put the rent up whether you want to or not because you're a fool not to.
Maybe Shelter's proposals need to look at what it is that you have to do to support good behaviour in tenants because in the end that's what good landlords want.

In the meantime you don't have a choice as a landlord. It's a dilemma, not a choice, because you only have two options.... Read More

JJ

15:22 PM, 19th August 2019
About 5 days ago

Surely there must be a more tax efficient way?

Reply to the comment left by Craig M at 19/08/2019 - 12:41
That sounds good: I know there's an automatic tax charge (55%?) if you get things wrong. But that sounds as though you are in charge of the assets in the fund. Presumably you are in charge of the SSAS bank account or accounts as well, not the SSAS company.... Read More

JJ

12:18 PM, 19th August 2019
About 5 days ago

Surely there must be a more tax efficient way?

Reply to the comment left by Craig M at 19/08/2019 - 12:15
Thanks. That's helpful.

And are they trustees of your SSAS for their fee, or do you remain in control of your own SSAS?... Read More

JJ

12:16 PM, 19th August 2019
About 5 days ago

Landlords - what would YOU like to see in a training course?

With respect to equipment supplied by the landlord, e.g. fitted items like cookers, knowing when the cost of repairs and maintenance is the responsibility of the landlord and when it is the responsibility of the tenant.... Read More

JJ

12:05 PM, 19th August 2019
About 5 days ago

The issue of costs that are the responsibility of the tenant?

Reply to the comment left by Penny Penny at 03/08/2019 - 13:39
I have similar issues. I don't think you can charge. I think your only option is to take it out of the deposit. If it were a 'maintenance' issue e.g. swapping out one non-working hob for another I'm still confused about who is responsible for what given that the How to Rent booklet says that maintenance of equipment supplied by the landlord is the responsibility of the landlord.

Does anybody on this forum know what the law actually says on this? Statute and case law?... Read More