The Forever Tenant

Registered with Property118.com
Tuesday 3rd September 2019


Latest Comments

Total Number of Property118 Comments: 101

The Forever Tenant

12:27 PM, 29th November 2020
About 20 hours ago

Ask three months rolling rent in advance?

Reply to the comment left by Ian Simpson at 29/11/2020 - 07:40
From what I understand, the answer to your questions are Yes.

Complications can arise if the money you take in advance is not specified as to what it covers. You can say "the last 2 months of the tenancy" but as that is not defined as an actual date or part of the tenancy, then it would be effectively taken as a deposit.

I believe that you can state in the tenancy agreement that the amount paid covers months 1, 5 and 6 of the tenancy, but you could not remain 3 months in advance forever.

In relation to the Section 21 notice, you cant issue a notice until 4 months into the tenancy, so one issued at the start of the tenancy is invalid.... Read More

The Forever Tenant

0:52 AM, 17th October 2020
About a month ago

50% rental Yield On Commercial Buy To Let Property!

Aren't commercial rents taking an absolute hammering right now?

How can you be sure to even get a paying tenant in the place?... Read More

The Forever Tenant

15:16 PM, 16th October 2020
About a month ago

How to prepare for the 2021 Property Market Crash

I reckon that there might be the slightest of reductions when stamp duty gets added on again. Other than that, the government is going to do every thing it can to ensure that house prices do not fall. They will pull out every trick and offer they can to make sure that there is not a noticable price fall.

If they didn't, the conservatives would lose in a landslide at the next election.... Read More

The Forever Tenant

9:29 AM, 14th October 2020
About 2 months ago

Tenants now prefer a text?

I think this is my preferred way of communication.

I have my Landlords mobile, but generally I tend to text as its easier to get down all the information I want to say whereas I might miss it if I make a telephone call.

We also have Whatsapp as we found it was the best way of sending over photographs of any issues and updates (I recently remodelled the garden, with their approval).

I do think that is it true though that most people find is easier to read information and that receiving a telephone call can cause anxiety.... Read More

The Forever Tenant

12:05 PM, 6th October 2020
About 2 months ago

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

I'm almost surprised he didn't go for the USA way of doing things.

There notice can be given on the first day the rent is late. The tenant is given somewhere between 3-10 days to pay, If they don't, that's it. Tenancy terminated.

That's way too fast. Those are the kind of time scales where a banking error like the Natwest one a few years back could get you evicted.

I really don't mind it being 14 days as would I be right in thinking that you can officially serve a section 8 on day 1 of the rent being late? Its discretional so won't be enforced by the court, but you could still issue it?

I kind of wonder if it would be useful to have an independant service for no payment of rent. The landlord notifies the agency, who in turn notifies the tenant. The tenant in return deals with this agency instead of the landlord. Cuts out the non-communication with the landlord issue as they may be more inclined to deal with a third party. This agency could then issue an order depending on whether the tenant has contacted them with any response.... Read More