Michael Barnes

Registered with Property118.com
Wednesday 10th July 2013


Latest Comments

Total Number of Property118 Comments: 1256

Michael Barnes

0:58 AM, 20th September 2019
About A day ago

Council Bonds and S21 Court Costs

Ask the judge to order that the awarded amount is to be paid from the bond.... Read More

Michael Barnes

17:35 PM, 17th September 2019
About 4 days ago

Trying to find a mechanism for the first two days rent?

Reply to the comment left by moneymanager at 17/09/2019 - 17:02
If you choose to go that route, then ensure that you fully understand the deposit protection legislation. There is a risk that you would not be complying with the deposit protection legislation for the first tenancy, UNLESS you clearly state "no deposit" for that tenancy.... Read More

Michael Barnes

17:26 PM, 17th September 2019
About 4 days ago

Esther McVey speech on supply and demand side housing policy

Help to Buy is precisely that. It is helping people to buy, it is not helping somebody to make a profit, it is not helping to increase the prices of property.

But what it is actually doing is helping somebody to make a profit and helping to increase the prices of property.... Read More

Michael Barnes

17:11 PM, 17th September 2019
About 4 days ago

Rent controls that aren't so tough landlords sell up?

Reply to the comment left by Monty Bodkin at 17/09/2019 - 11:09
That is proportion, not number.

if you build 100,000 new homes, they are going to be decent.
The non-decent homes are still there, but the proportion drops. Indeed the number of non-decent homes could increase but the proportion still drop.... Read More

Michael Barnes

16:54 PM, 17th September 2019
About 4 days ago

Trying to find a mechanism for the first two days rent?

Reply to the comment left by moneymanager at 17/09/2019 - 11:20 they said it could be a problem (undetailed) of having two tenancies. Their "thinking" appeared to be that if there were a problem at the end then getting possesion in Court might be tricky e.g. how many S21 would you need to issue as technically both would still be running.
I think they are wrong because the tenancy under the later-starting agreement would replace the earlier tenancy. It is not possible to have two tenancies between the same parties for the same property running at the same time.
What you could do is agree a tenancy for 2 days (or whatever) and agree a tenancy for 12 months immediately thereafter.
That would avoid TFA issues, but might cause deposit protection issues.
An alternative might be to agree a tenancy of 2 days and continuing monthly thereafter. This would be a contractual periodic tenancy, so you would need to issue notice to terminate the tenancy as well as S21.
(And I bet the deposit protection schemes are not set up for a daily rent!)
As seems usual with landlord legislation, it is now harder to help tenants and stay within the law.... Read More