John Simpson

Registered with Property118.com
Thursday 29th January 2015


Latest Comments

Total Number of Property118 Comments: 19

John Simpson

A year ago
Government hopes to make Universal Credit payments easier for Landlords

Having no been involved with Housing Benefit for years, can I just ask three questions of those in the know please?.

Is it still the case that if the landlord is paid rent direct by DWP that they have to pay it back if it subsequently transpires the claim was fraudulent?

Does the tenant have to give permission for the rent to be paid direct by the DWP to a landlord

How can a landlord asked for arrears to be paid if presumably the monthly benefit amount is only equal to the rent due?

Many thanks in anticipation... Read More

John Simpson

A year ago
Shared House down to one tenant but no agreement?

Neil is spot on. Strongly suspect she may have acquired some implied tenancy rights by virtue of having been there for as long as 9 years. Agreement or no agreement. Keep us appraised of the situation please as it would be interesting to see if there is a resolution available?... Read More

John Simpson

A year ago
What am I entitled to if tenant leaves after 1 month?

I suspect you can also claim for any associated costs with re-letting-so additional agency fees, your time etc. Otherwise I think you'll find most courts will apply the mitigation principle even though technically your're in your rights to claim for the remainder of the full six months.... Read More

John Simpson

A year ago
Unsavoury goings on?

If he is in "complete contravention of the terms and conditions of the lease" why don't you just officially give him notice to desist otherwise you'll take action to rescind it, which is your ultimate right of remedy as freeholders?... Read More

John Simpson

2 years ago
I can recoup capital cost in 3 years on 23 year lease purchase?

Even if you let the lease expire you would've got nearly six times your initial capital back in total at a notional rate of circa 30% p.a. Obviously I don't know your tax situation e.g. what rate tax you're on and what investment interest rates are going to be over the next 23 years. Plus how old you are and whether the income will last you out. There's also the issue of whether you have dependents you'd like to leave something too. But assuming you've already done your sums on this, on the face of it, it looks like a no-brainer as you say.... Read More