Jessie Jones

Registered with
Saturday 9th August 2014

Insures properties through a broker recommended by Property118

Latest Comments

Total Number of Property118 Comments: 48

Jessie Jones

10:46 AM, 5th October 2019
About 2 weeks ago

Otherwise I am out of pocket?

Although a Court CAN make an award against the tenant to pay the £335 back to you, in my experience they don't. The Court system is very expensive to landlords, but can be free to tenants.... Read More

Jessie Jones

10:38 AM, 5th October 2019
About 2 weeks ago

AST for tenant's lodger?

A good tenant is worth a substantial discount in my view. And I also put a bit more effort into maintenance for tenants who keep the property in good order.
Be wary of losing a good tenant to get an increase in rent, as you don't know if the next tenant will be as easy to manage.
12% is a massive rent hike even if there has been no increase in recent years. You may already have upset the apple cart as your tenant will now be wary of doing repairs and maintenance to the house herself in fear of being turfed out if she doesn't acquiesce to some huge increase in the future.
Could you not agree to compromise by way of a 6% increase this year, with further annual increases in line with Consumer Price Index, or some other index, which would slowly improve your rental income, whilst still giving your tenant some surety?
Your plan to impose a lodger would worry me. It is an option that the tenant could consider to help her pay the rent, but not one for you to impose. Remember that you would become liable for the Council Tax, and not the tenants, if you have an HMO, irrespective of whether it needs a licence or not.... Read More

Jessie Jones

9:39 AM, 28th September 2019
About 3 weeks ago

Should I sell or risk tenants buying at undervalue price?

The true value of a property is simply measured by what someone else will pay for it at open market. A higher rental income will give any property a higher market value.
So the lesson here will be for landlords to increase the rent almost to the point where it cannot be let, but not quite. Maximising rental income will maximise value at sale.
And of course, the higher the rent, the more slowly that a tenant is going to be able to save their deposit.
So the consequences of such a Labour policy will be to increase rent to tenants. Another own goal by the Labour Party.... Read More

Jessie Jones

22:32 PM, 12th September 2019
About a month ago

Selective Licensing costs used for Nottingham Carnival?

Thought I'd see what else they've been spending out money on, so sent this today:

Freedom of Information request - Adverts paid for by Selective Licensing

Dear Nottingham City Council,
In your reply to Andrew Smith regarding the funding of the Nottingham Carnival, you identified that the Selective Licensing dept had paid £500 for an advert 'to raise awareness' at this event.

Would you please provide a list of any other payments made in excess of £100 by the Selective Licensing dept in respect of 'adverts' or 'raising awareness' in the period 01/08/2018 to 31/07/2019. Please identify the events or publications where such adverts appeared.... Read More

Jessie Jones

22:03 PM, 12th September 2019
About a month ago

Selective Licensing costs used for Nottingham Carnival?

Well done Luke for challenging them.
At least they might now be aware that people are prepared to question what they are doing with tenants / landlords money. They are indeed trying to be clever with words. There is little difference between sponsoring an event or paying for an advert at said event. A carnival which is focused predominantly on one side of our community, has no more in common with the private rental sector than the rest of the community. The conclusion I have come to is that the carnival organisers were struggling for funds so simply tapped into whatever slush funds they could find within the council.... Read More