Smartermind

Registered with Property118.com
Saturday 15th February 2020


Latest Comments

Total Number of Property118 Comments: 130

Smartermind

12:26 PM, 23rd July 2021, About A day ago

Should I proceed with offering a tenancy agreement?

Reply to the comment left by Monty Bodkin at 23/07/2021 - 10:27
They may not be in a position where they know anyone wealthy enough to be a guarantor - there's no point in having a poor guarantor! It needn't necessarily be a case of "not being trusted by people they know".

The OP needs to check with their property insurance that they will pay out claims where the tenants have failed a referencing check. Loss adjusters will try and find any loophole to get out of paying a claim.... Read More

Smartermind

12:44 PM, 8th July 2021, About 2 weeks ago

Are you a property voyeur?

"property voyeur"?

It's called window shopping by any other name. Nothing unusual about that.

People do it with cars, shoes, tech... you name it. So why not houses.

The job of the vendor and their sales-agents is to convert that window shopper to an actual sale.... Read More

Smartermind

9:21 AM, 1st July 2021, About 3 weeks ago

Step towards a fully digital planning system

Hope these apps don't have inbuilt council planning bureaucracy so instead of getting a rejection from a human, you get a reply "the computer says no".

Hopefully it will prevent councils applying arbitrary rules.... Read More

Smartermind

12:56 PM, 30th June 2021, About 3 weeks ago

Buy to leave?

Reply to the comment left by Judith Wordsworth at 30/06/2021 - 12:39
Probably because as the OP has a bungalow, they may not be eligible for a second residential mortgage as the requirements are much stricter than for a buy to let mortgage and they may already be fully committed financially with the bungalow. The assumption with the buy to let being that the rental income will be used to support the mortgage payments.

Of course the OP could advertise the flat and "not find any tenants" which would provide evidence for why it is not let out.... Read More

Smartermind

11:22 AM, 26th June 2021, About 4 weeks ago

Bailiffs arrive at Last?

Reply to the comment left by Monty Bodkin at 22/06/2021 - 13:19
The link appears to claim that DL won't pay any new claims not just not accept new business. This would appear to be a breach of contract by the insurer for existing policies.... Read More