Michael Barnes

Registered with Property118.com
Wednesday 10th July 2013


Latest Comments

Total Number of Property118 Comments: 1059

Michael Barnes

21:05 PM, 5th January 2019
About 2 weeks ago

Open ended tenancies and on the hook for start dates?

Reply to the comment left by Chris Daniel at 04/01/2019 - 11:27
It is my understanding that once you (LL) have made an offer (e.g. given them a contract to sign) and the prospective tenant has accepted that offer (e.g. by signing the contract and returning it), then a contract exists between you.

So, by getting prospective tenants to sign but not signing yourself does not get you off the hook for breach of contract.... Read More

Michael Barnes

21:40 PM, 31st December 2018
About 2 weeks ago

Tax Return ye2018 checking Finance costs?

Reply to the comment left by Sjp at 26/12/2018 - 05:57That depends on whether or not you have previously elected to collect tax from lettings via PAYE on other earnings or pension income.... Read More

Michael Barnes

13:53 PM, 29th December 2018
About 3 weeks ago

New lease required after being dumped by agent?

The YouGov model agreement has a number of deficiencies (e.g. it only allows for rent increase on anniversary of tenancy, so if you miss it you have to wait another year).

You would do better finding a good agent who can provide an acceptable agreement (or join a LL association and use theirs).

Don't forget to add a schedule containing all restrictions in your lease and a clause requiring T to observe them, otherwise you cannot enforce them against T and leave yourself in a difficult position with the freeholder.... Read More

Michael Barnes

13:44 PM, 29th December 2018
About 3 weeks ago

Tenant not paying rent because I don't have consent to let

Reply to the comment left by Jay at 29/12/2018 - 08:03
Whether or not your LL got permission from his LL, your tenancy agreement is valid and enforceable.

The issue is between your LL and his LL.... Read More

Michael Barnes

13:40 PM, 29th December 2018
About 3 weeks ago

When can I enter my property?

Reply to the comment left by Mike at 29/12/2018 - 13:32
The law says that the tenancy does not end until the court order for possession is enforced.

I believe this to mean enforced by bailiffs, not entry by LL.... Read More