Fiona

Registered with Property118.com
Thursday 3rd January 2019

Location
Liverpool

Trading Status
Sole Owner

Providing essential rental accommodation since
2014

Number of rental properties owned
0 - 5

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 11

Fiona

10:58 AM, 25th November 2019
About 2 weeks ago

Let for 2 to 3 days a time - HMO licence required?

The craze for SA at the moment, relies on a planning loophole, that allows a residential property to be used as short term accomodation, without a change of use. However, this is ONLY when the property is let out as a whole unit. NOT, as individual rooms. This requires a formal legal change of use, and all the mandatory fire regs etc.
As things stand, contravening planning law, is not a criminal offence. People in these circumstances have been known to receive a cease and desist letter from the planning department.
As you are renting the rooms out individually, you are indeed contravening planning law. So you may be told to stop. And also, as someone else has rightly mentioned, there will be fire regs to be accountable for. I'm not certain what those are, and who might enforce them/what penalties there may be.

However, contravening HMO laws is criminal, massive massive consequences, and penalties etc. Nuff said really.

Your very best bet here is to clearly evidence that no person who has been using the property could ever be classed as a tenant under tenancy law.
IE. If the "guests" are tourists, or contractors, with a main residence elesewhere.
Any guests that have no other main residence, you are on VERY VERY shaky ground, and you must take steps to rectify it. EG, eastern european/foreign nationals/contracotrs with no other main residency. You would definitely be seen as breaking the law, and be investigated.
We all wing things at times. I say none of this to judge you. It's a warning really. The risks you're taking aren't worth it, and you need to go back to the drawing board, and decide for what purpose your property is being used. Find out how to regularise it as such, and have some peace of mind.
Good luck.... Read More

Fiona

8:54 AM, 23rd November 2019
About 2 weeks ago

Providing emergency accommodation instead?

Reply to the comment left by Robert Mellors at 20/11/2019 - 09:14Hi Robert,
Yes. I will provide feedback after the event. As Alison says below, it isn't about R2R, although that is certainly possible in this sector. .
I've been doing a lot of DD on this sector for quite a while. Motivated by having the absolute tenant from hell last year, and resolving that I needed to get out of the industry. Having said that, I do love property, and I was a bit stuck.
Over the last year, I've spoken to a lot of people doing it. But when I've dug deeper, they are doing it wrong. Either not on the correct lending, so essentially mortgage fraud, or not set up correctly with health and safety, or being mislead by the council, and being hung out to dry.
It's not easy to get it right, but if done correctly, could potentially mitigate against all the aspects of property that I loathe. Number one being what I consider to be one of the most inequitable relaitionships/contracts in the world. Tenancies.
Namely, having someone in my life, that by law, can be completley and utterly abusive towards me, threaten me physically, have what are clearly weapons in a house meant to intimidate me, and the police turn up, and say there's nothing they can do ? ? ?
This incident went far far beyond financial implications. I'm very pragmatic about things like that. It's a risk we take. However, the emotional and psychological distress ?
Once was enough for me. I'm out. I need to find a different way to carry on being in an industry I actually love, and that I'm good at.
I shall let you know !
Thank you so much for your very kind offer, to give me free advice. You do have a lot of experience.
I've got a good friend in Liverpool, John Burton, ex gangster, turned legit. He has set up a charity, Inside Connections, housing and training young offenders. He is going to be speaking at the event too. I will hopefully be leasing my properties to him. I guess that is half the battle. trusting, and having a relaitionship with your end-user. This is indeed, essentially R2R, as you say. But I feel confident about his organisation and what he's doing. I'm lucky. ( well, actually, I've worked hard)
Hopefully, other people interested in pursuing this as a strategy, can learn how to do it safely, and legally, and profitably. Whilst also meeting a huge demand.
I don't believe any strategy in property is a get rich quick scheme, passive income, and without risk. Such nonsense.
I will certainly update about the event.
Thank you Robert.... Read More

Fiona

11:21 AM, 19th November 2019
About 2 weeks ago

Providing emergency accommodation instead?

https://www.google.com/search?q=sarah+walker+eventbrite&oq=sarah+walker+event+brite&aqs=chrome.
This is a link to an event I'm going to next week about social housing. I've seen her speaking at PIN meetings. She really knows her stuff about all aspects of social housing, including developing for this sector. Hope that helps ?
Fiona... Read More

Fiona

8:23 AM, 5th November 2019
About a month ago

Manifesto from Generation Rent Et al

Reply to the comment left by Ian Narbeth at 04/11/2019 - 15:35
Perfectly said Ian.... Read More

Fiona

17:36 PM, 10th September 2019
About 3 months ago

Does the council have the right to check all of my property?

Reply to the comment left by LILIA FOUNTAIN at 10/09/2019 - 15:34
Lilia, I cannot emphasise enough that you join The Landlords Alliance here, and speak to larry Sweeney. You could be in a LOT of trouble right now.I'm so sorry to break the bad news to you. I saw your other post, about the boiler key. And yes. You do have to allow tenants access to the boiler. You really really need professional advice here. Or you may well be prosecuted. Ignorance of the law is no defense. Good Luck !... Read More