Yvonne Francis

Registered with Property118.com
Monday 3rd August 2015


Latest Comments

Total Number of Property118 Comments: 149

Yvonne Francis

17:03 PM, 12th August 2019
About 2 weeks ago

Room by room - Please help me

Can not quite understand the post by Whiteskifreak Surrey. My houses are HMO's, and let to eight under a joint tenancy. All student houses in my area are the same. Also, in my area, a HMO is three or more unrelated individuals and not four.

If Ela you have never had a HMO before, then you certainly need some professional advice, especially from your Council. There are so many standards you need to meet especially for fire regs. There are also many uncertainties with students houses in the PRS on the horizon, with new legislation being considered in Parliament, i.e abolishing section 21 and altering leases, possibly to something similar to Scotland.

As for your point about students who can not give a valid guarantee from parents within this country, as a self managing landlord, I simply cannot take them, even though I have forty years of experience. They are best left for agents to manage.
I find in my area lots of students who would lack any valid parental guarantee, applying at this late stage, so this is another reason it would be best to use an agent.

If you still wish to advertise your self, then the best sites are in my experience:-
https://www.accommodationforstudents.com/advertise
https://sturents.com/advertise-student-accommodation... Read More

Yvonne Francis

11:35 AM, 5th July 2019
About 2 months ago

Student tenancy agreement update needed?

Reply to the comment left by Tessa Shepperson at 05/07/2019 - 10:52
Yes I think this is good advice. Point taken, thank you. Luckily I'm not an agent!... Read More

Yvonne Francis

10:25 AM, 5th July 2019
About 2 months ago

Student tenancy agreement update needed?

Just to say, as I am a student landlord of long standing, I always get my guarantees signed, and checked before my tenants sign.

If a tenant leaves, and a new replacement has to be found I have often created a new lease with new parental guarantees, but last time it happened a few years ago, I used a Deed of Assignment, forms for which can be found online. I did not require the rest of the group to supply a new guarantee only a guarantee from the in going tenant to cover that period.

That said, you are very wise to seek legal advice as you are clearly doing.... Read More

Yvonne Francis

10:54 AM, 2nd July 2019
About 2 months ago

The scrapping of Section 21: landlord responses

Reply to the comment left by Annie Landlord at 02/07/2019 - 09:40
My idea of three year tenancies came from the fact, this is the minimum one can offer. I realise the tenancy, as before will roll on, so you could consider it infinite. However this is not being considered at the moment in England and Wales but abolishing section 21. I cannot see how abolishing section 21 also abolishes fixed terms of 6 or 12 months, where neither landlord or tenant can give notice. I agree this may be in the pipeline at some time, even very soon, but it is always best to consider correctly what is happening now, as it may be damaging to have exaggerated the situation, with what I believe false information.... Read More

Yvonne Francis

11:49 AM, 1st July 2019
About 2 months ago

The scrapping of Section 21: landlord responses

Reply to the comment left by Annie Landlord at 01/07/2019 - 11:14
Yes, you are right there would be no fixed terms, (as we know it in England and Wales) in Scotland, as they have three year leases under the terms your attachment describes. However in England and Wales they are going to abolish section 21 which still means, I believe, you could have a 6 or 12 month fixed period. However after that, you will no longer be able to evict on a no-fault basis, and the whole process will be a lot more difficult.

If you are wondering now, what's the difference you may have a point. However for the student market which I am in, at least this system prevents void periods if tenants want to leave before the year is up, unlike Scotland. Getting them out may be a problem but we still have a lease we use which goes a long way in protecting us.... Read More