Mrs Property

Registered with Property118.com
Monday 30th March 2015


Latest Comments

Total Number of Property118 Comments: 4

Mrs Property

14:47 PM, 19th January 2017
About 4 years ago

What happens next if Tenants now start to claim Housing Benefit?

Hi John, One further factor that no-one has mentioned is whether the tenants moving onto benefits could be perceived as a breach of your mortgage lender's conditions? DSS beneficiaries are excluded from ours. When one (non-DSS) family who had been regular payers for 3 years became refugees and then had to apply for benefits, I made sure to write to the lender to notify them of the change of circumstance. The lender did not reply, but I have a read receipt for the email so consider myself covered. The refugees were good to their word, caught up with the arrears that had accrued for a couple of months during the hiatus of the benefits application, and a year later they continue to be good tenants. It was a risk for us and we have had other tenants who've seemed very nice and then told bare faced lies, but you need to use your own judgement as to whom to trust. Good luck.... Read More

Mrs Property

12:42 PM, 31st March 2015
About 6 years ago

Inheriting Properties with Buy to Let Mortgages

Reply to the comment left by "David Pearson" at "30/03/2015 - 23:10":

Thanks for responding, it's good to know it was n't Dave who was a similar age, but still sad for you and your family. Sincerest condolences.... Read More

Mrs Property

22:13 PM, 30th March 2015
About 6 years ago

NLA demands licensing delay in Liverpool as council criminalises Landlords

I did n't receive any notification, I happened to notice it as a one liner in last week's Sunday Times.

There seem to be various areas of confusion between the terms of the licensing and the requirements for accreditation (so as to save £200 over the licence term), eg whether electrical installation inspections/certification (not just PAT) needs to be annual, every 5 years or in accordance with the recommendation on the last certificate. This too has significant added cost implications. As ever the landlord rather than the letting agent will be accountable for compliance even though the latter is being paid to ensure compliance.

We have not increased the rent of our tenant of 3.5 yrs during his tenancy, but sadly for the tenant this will now necessitate an increase. Difficult to see how non-selective licensing of relatively new apartments is going to help tenants.

Also difficult to see how the flat fee is supposed to be absorbed equally by the rental income from small apartments up to large mansions, surely it will have a disproportionate effect on the rents of those who can least afford an increase? And how do the Scottish Authorities run their licensing scheme for around £60 for three years when Liverpool council seem to need £400?... Read More

Mrs Property

21:29 PM, 30th March 2015
About 6 years ago

Inheriting Properties with Buy to Let Mortgages

Hi David, Very sorry to hear about your father and wondering whether I knew him? Was he treasurer for a landlord and tenants association in Manchester and came from the North East himself? If so would be good to touch base. Kind regards... Read More