Carol

Registered with Property118.com
Monday 12th November 2018


Latest Comments

Total Number of Property118 Comments: 3

Carol

12:36 PM, 2nd April 2020
About 9 hours ago

Government have created chaos in the PRS

I have 5 small HMO's. Due to tenants leaving, working from home for the foreseeable future and therefore have given notice and moved back in with family and other tenants not paying rent (and not answering phone calls or email messages) I am at least 30% down on rent payments without a hope of filling rooms until the lock down is lifted.
We were looking reduce our portfolio this year as we had had enough of working 24/7 for reduced income. Now not much chance of selling in the near future either and recovering our deposit.
I have been a member of the NLA for many years but have felt very let down on many occasions. Do not feel they stand up for Landlords at all.
To top it all, Coventry Council are introducing licencing for all HMO's. Applications have to be in by 4th May 2020, with huge fines imposed if not. Despite Government directive that this should be delayed the following is on their website.
Shame on Coventry Council
Not sure how I stand now as I only have one tenant left in one of the houses and he's not paying? You have to pay up front for the licence and if the lock down continues until September the bank will be taking possession anyway.
COVID-19 (Coronavirus)
The Additional Licensing designation will still go live on the 4 May 2020, and landlords still need to provide licence applications
We appreciate that landlords will not be able to enter properties to obtain certificates at this time. If certificates have lapsed, please provide the most recent copy you have available. If you have no copies of a given certificate, please upload a Word document explaining the reasons why.
The Council will be taking a pragmatic, risk-based approach to enforcement during this time... Read More

Carol

11:32 AM, 26th November 2019
About 4 months ago

£100,000 for a bad property MOT!

Reply to the comment left by Lee Bailey at 26/11/2019 - 10:25
The Great has gone out of Great Britain. It will become Poor Britain. Time to sell up and move to a different country. I don't trust any of them to look after workers, business, LL or tenants.... Read More

Carol

10:05 AM, 26th November 2019
About 4 months ago

£100,000 for a bad property MOT!

Reply to the comment left by Whiteskifreak Surrey at 26/11/2019 - 09:55
I assume these standards and inspections will not apply to Social Housing which is generally at a lower standard than the PRS? I have many long term tenants and I was going to wait until they give notice to sell. If Labour get in then they will receive a Section 21 before any of the additional crippling legislation becomes law and bankrupts me.... Read More