Registered with Property118.comSunday 26th July 2015
In reply to Jireh,
The owners of the flat I mentioned are a company who happen to operate out of the same building as the Letting Agents!! If as a private individual can see what's going on how come the council can't. As I have said, the legislation is there but to no real effect. If the legislation is not being enforced what is the point of it? And as Chris says 'what is the revenue being used for'.
I think the powers that be in England would do well to take a careful look at Scotland (and Wales for that matter) before they embark on a blanket registration scheme.... Read More
Does anyone know if this fraud has happened to Scottish properties? Is there a similar property alert system for the Scottish Land Registry?... Read More
just read this 10 point guide. Point 10 states that inflation is at zero!!! really. And there was me thinking it was at 1.8.
This kind of misinformation doesn't hep anyone.... Read More
Thanks for your reply Robert. I can see that discounts from the set rate could be problematic. Perhaps the sliding scale rent depending on risk is a better option.... Read More
I've read this with interest. I've wondered about a system of starting all tenants on the market value level of rent and then after a period of time (say 12 months) applying a 'good tenant discount'. I wondered if this might be a way to raise rents on properties to keep them in line with market values but also enabling the rent for current tenants to effectively remain static.
By this I mean that if I had a good tenant that I wished to keep and for whom I wanted to keep the rent unchanged, I could perhaps increase the rent in line with the market and then apply a 'good tenant discount' to bring it back down to the origional level for the current tenant.
If this tenant moved out would it be accepted that the rent had been increased or would it legally be viewed that it had not? Not sure about this one.
This, I should ad is all hypothetical.... Read More