Gary Nock

Registered with Property118.com
Sunday 9th June 2013


Latest Comments

Total Number of Property118 Comments: 871

Gary Nock

3 weeks ago
End Section 21 petition gets nearly 50,000 signatures

Tony I am not a solicitor but would like to think I am fairly well versed in the matters around ASTs and statute. An AST is a contract between landlord and tenant. If this landlord / agent hating government bring in a law that effectively bans Section 21 then statute law overrules contract. So no - I don't think that we as landlords can do it.... Read More

Gary Nock

4 weeks ago
Can I charge fees for managing my son's properties?

Previous posts are correct in that you cannot charge yourself for managing your own properties. However if they are now owned by your son you can quite legitimately charge him for managing them. However be aware that if you let the properties for him and fall into the category of a Letting Agent then you will need to be legally compliant to do that. This includes membership of a redress scheme, and from next April client money protection which also means professional indemnity insurance. If you don't let them but just manage them you will still need membership of a Property Redress Scheme as a minimum.... Read More

Gary Nock

4 weeks ago
End Section 21 petition gets nearly 50,000 signatures

Well done Dan "The Claw" Craw. Clawing away at landlords legal rights until no one invests in residential property. Section 24, stamp duty hikes, letting agent fee ban. What do you want us to do? Let you live in properties rent free, do all the repairs and pay you to live there. Who would do that?

Oh someone already does. It's called the local authority. What's that I hear Dan? They haven't got any houses? Well stop kicking the **** out of the people that do. There's a good boy. Now go along to a local college and do an economics course. Pay special attention to the parts marked " Supply and Demand in the PRS" and "The PRS prior to the 1988 Housing Act", and for good measure "The Irish Experience of Banning The Deduction of Mortgage Interest 1998 - 2002".... Read More

Gary Nock

A month ago
Tenant claiming for associated costs from water leak visits?

Jon,

Refer the tenant to the tenancy agreement. There should be a clause in there about allowing access for repairs etc. And ask him where it says in the agreement that you will compensate him for his time. He is just trying it on and I would not be impressed by it.... Read More

Gary Nock

2 months ago
What information is it reasonable for a freeholder to demand?

They can only ask for that which is contained in the lease. Ask them where it contains a requirement to provide the information requested, and for their GDPR Privacy Policy. In the meantime and in accordance with that lease which states:

“To give to the Landlord and the Management Company NOTICE of every dealing with or underletting or transmission of the legal estate in the Demised Premises including all mortgages or legal charges of the Demised Premises within twenty one days after the same shall occur "

Somewhere within the lease may be the definition of the term "Notice" and what it constitutes. But if not then you stick to the information required on the lease -i.e

" Notice Under Part X ( Paragraph xx ) Of A Lease Dated xxxxxx between xxxx and xxxx dated xxxxxx.

This is formal notification of an underlease,namely a 6 /12 month Assured Shorthold Tenancy on the property known as xxxxxx which commenced on xxxxxx"

You have then complied with the lease - unless it contains a definition of the term
" Notice" or there is something in statute which over rides it.... Read More