Tim

Registered with Property118.com
Saturday 25th May 2019


Latest Comments

Total Number of Property118 Comments: 7

Tim

9:09 AM, 3rd October 2020
About 7 months ago

Tim

7:59 AM, 3rd October 2020
About 7 months ago

Allow Landlords to evict tenants where there are 14 days rent arrears

This petition is dangerous, as landlords we are already easy meat for the press and therefore the government. If this gathers momentum, it will have the opposite effect to the one you intended.
I have felt for a long time landlords (as a group) should develop a fair eviction process with fixed time frames that is easy to understand. Which if followed allows mandatory eviction/tenancy termination after a fixed period.
As landlords we have to accept that sometimes things go wrong for our tenants. If you’re world collapsed, would you be able to pick up the pieces and move on in 14 days.
I’d be happy for a process where if a tenant could prove their income had gone, they could walk away from a tenancy after one month without paying, a built in free period that if asked for officially we must grant but they must leave at the end. Imagine getting shelter on board......
I’m sure a lot of us do similar things already. I regularly give my tenants room to manoeuvre. It’s just good business to me.
We need to alter the perception of landlords not add fuel to the fire.
I won’t sign the petition, it’s ridiculous.... Read More

Tim

8:23 AM, 12th September 2020
About 8 months ago

He simply wants to keep it because he's paid for it?

Hi,
So, if I’m reading this correctly your tenant would have liked to end his tenancy on 16th August, two months early?

I’m intrigued, did he ask to terminate early?
How do you know he wanted to go early?
You then asked him if he’d vacate 5 day early so that you could make extra money after you let him waste nearly two months money on rent he didn’t need, you’d like to use his rent to cover your losses whilst you decorate for you and the next tenant.
I’m a landlord and I think he is being perfectly reasonable.
I think you should have had a conversation when you found out he first wanted to go.
Offer him cash for half his loss, I’m sure he’ll take it.... Read More

Tim

7:49 AM, 1st August 2020
About 10 months ago

Enfranchisement and Lease amendments?

As a live in freeholder I think that would bar enfranchisement, if this is the case you can’t be forced to sell the freehold.
Also are you a purpose built block or a conversion?... Read More

Tim

8:17 AM, 2nd November 2019
About 2 years ago

LLP or LTD for mixed age Joint Venture

You may want to take some advice from a block management company too, you’ll need to dispose of the freehold interest at the end, to either the leaseholders or a new landlord. If you decide to retain the freehold the communal parts will need to be managed.
Something to think about as the rules around this are tricky to say the least.
It’s usual for the freehold of a building to be in its own limited company.... Read More