Teg's Dad

Registered with Property118.com
Tuesday 4th August 2015


Latest Comments

Total Number of Property118 Comments: 54

Teg's Dad

20:53 PM, 16th November 2015
About 3 years ago

Letting Agent charging for HMRC tax assessment

Graham
Accountants tend to take life too seriously. We took the view that we had a duty of care to advise landlords that we would be releasing this information as we were legally bound to do.

Most replied that they already declared the income.

Definition of an accountant? A computer with a sense of humour bypass!... Read More

Teg's Dad

12:07 PM, 16th November 2015
About 3 years ago

Letting Agent charging for HMRC tax assessment

It has been standard for a couple of years now and includes any property where the agent has received any rent. So if the agent found you a tenant, took first month's rent and deposit and then handed it over to you, they would still include your details on the form.

To be blunt and with my agent's hat on, charging for this is a rip off and agents should be ashamed. This should be covered by the monthly management fee.

As Mark said it takes just moments to produce the records. Transcribing them to the HMRX spreadsheet does take a while, but no way does it justify a charge of £35. It takes less than three minutes per entry so that is an hourly charge of £700. We then wonder why agents have a bad reputation.... Read More

Teg's Dad

11:59 AM, 16th November 2015
About 3 years ago

I paid for alternative accommodation but now tenants want rent refunded too!

Commonsense suggests that they could either have the rent back and pay for their own alternative accommodation or they pay rent and you pay for their accommodation.

Perhaps a letter/email to them saying you are happy to refund their rent provided they refund the accommodation costs to you might just remind them that they cannot have their cake and eat it.... Read More

Teg's Dad

14:36 PM, 5th October 2015
About 3 years ago

New regulations re Smoke and CO alarms

Just a (tongue in cheek) thought, if the alarm is tested and found faulty at the start of the new tenancy, should the tenant be allowed to move in?... Read More

Teg's Dad

15:45 PM, 3rd October 2015
About 3 years ago

If you have a serious complaint your Landlord cannot evict you for 6 months!

Surely a simple solution is to have a clause at the end of the AST which all tenants sign stating that a) they are happy to accept notices etc by email and b) acknowledge the link to the booklet that can be updated by the Government at any time?

Saves paper too since the booklet is currently eight pages long!... Read More