user_3727

Registered with Property118.com
Tuesday 8th July 2014


Latest Comments

Total Number of Property118 Comments: 5

AllinLeedsRooms

9:54 AM, 9th April 2015
About 6 years ago

Compulsory Purchase order and Proposed Demolition of street

Reply to the comment left by "don haley" at "08/04/2015 - 21:42":

Hi don

Do you recall the name of your valuer?

Regards

Adrian... Read More

AllinLeedsRooms

18:03 PM, 18th July 2014
About 6 years ago

Mortgage Express Right to Consolidate

Hi - Just to give you an update. I met with my portfolio manager and i was given terms to sign within 14 days or they would be taking legal action. Im assuming this is LPA receivers etc.
The terms are as follows
1. All mortgage terms reduced to 8 years from there current 12/13 year span
2. An Overpayment of £500 per month rising to £1000 per month from month 5
3. Repayment of £24,000 service charge on 3 flats -- yes you read it right - £24,000 or £8,000 each which the freeholder has frittered away after MX paid him out.
4. Pay £400 for the pleasure of shafting me

Ive noticed their valuations are way off the mark as well which probably helps them in their pursuit of another clause

No portfolio shall exceed 105% LTV

I have no idea what to do. Im off on holiday on Monday and this will take me past the time they want the docs back. Im worried if i don't sign them i will come back to find half my portfolio with receivers!

Help!!... Read More

AllinLeedsRooms

18:54 PM, 9th July 2014
About 6 years ago

Back to Back Housing Fire Safety Requirements

So to update - my complaint has resulted in the council stating - you are quite right - LACORS offers guidance rather than legislation but --- The Council has chosen to utilise the guidance in establishing its standards.
Additional guidance between the RLA and LACORS does not include back to back to properties.
LACORS guidance recommends the installation of an LD3 alarm in back to back properties and this is replicated in the councils own standard (although of course the council doesn't actually do this in its own back to back housing stock) and the notification of works you have recieved.
Now they are inspecting the property again to see if the notice of works has been adhered to even though this isn't legislated for!
Any comment or thoughts welcome... Read More

AllinLeedsRooms

10:18 AM, 9th July 2014
About 6 years ago

Back to Back Housing Fire Safety Requirements

Reply to the comment left by "paul landlord" at "08/07/2014 - 17:38":

Hi Paul

Thanks for that - i'll update you with the outcome. I don't mind installing them but i don't like being told to do so by an over the top EH department.... Read More

AllinLeedsRooms

13:55 PM, 8th July 2014
About 6 years ago

Mortgage Express Right to Consolidate

Ive just recieved a load of documents through from Mortgage Express forcing me to consolidate a number of properties on to new terms and conditions. It would appear a breach of terms and conditions has occurred be cause a freeholder on 3 flats slapped a forfeiture notice on them. Mortgage Express paid up without even questioning the procedure. This money was due to the RTM company i formed and now i can't get it back leaving the the RTM company in jeopardy of breaching the lease.
What is is everyones thoughts on why MX behaves like this?... Read More