Janet Carnochan

Registered with Property118.com
Monday 22nd July 2013


Latest Comments

Total Number of Property118 Comments: 50

Janet Carnochan

11:59 AM, 5th February 2021
About 2 months ago

How house prices are affected with tenants in situ?

Wow. Without any additional information you have labelled me greedy. You have just reminded me never to be judgemental. I make my sole income from property rentals, every potential purchase has to be looked at from the perspective of do the sums add up. In my area neither rents nor property prices are massively high, so a 6% return is very achievable. With relatively low rents I still regularly renew bathrooms, kitchens, double glazing and boilers. All fitted by proper tradesmen. This accounts for quite a large proportion of my rents. I don't draw a fortune in wages from each house. My rents are not above, in fact some with good tenants are marginally below market value (rents from £425 per month), I promptly fix any repairs needed, I am available 24/7, as my tenant if you have a short term issue I will listen to you and see if we can reach a compromise. I make my tenants feel that they have a secure long term home to rent, not just a house. My tenants stay long term and many recommend me to other people looking for good quality rentals with a decent landlord. Never once have I been labelled greedy by a tenant, but I have just been by a man who has never met me, spoken to any of my tenants or has any idea where I live or rental values in my area. Don't judge people without all the facts.... Read More

Janet Carnochan

8:34 AM, 4th February 2021
About 2 months ago

How house prices are affected with tenants in situ?

Personally I would never sell with a tenant in situ. In my view probably only about 2% of buyers are private landlords, why would I aim my property at 2% of buyers when if empty I could target 100% of buyers? My properties are all 2, 3 or 4 bed houses so would be attractive to first time buyers or families and like in the scenario above give me a decent yield but wouldn't at the new valuation. Personally as a landlord I don't look at a yield below 6%.... Read More

Janet Carnochan

8:03 AM, 30th January 2021
About 2 months ago

New pet friendly standard government tenancy agreement

Reply to the comment left by SM at 29/01/2021 - 12:43
I totally agree. It should be the landlords choice.... Read More

Janet Carnochan

11:11 AM, 29th January 2021
About 2 months ago

New pet friendly standard government tenancy agreement

I've always allowed pets. I'm a pet owner myself and would be lost without them. In my area by saying no pets it discounts too many potential tenants. We have always said " pets at landlords discretion ". For us that means 1 large dog or 2 small dogs or 2 cats. I have only been burnt once, it was a difficult to rent property and allowed someone in with 4 dogs and 3 cats ( never again ). If you do an inspection of their current property then you can see if there is pet damage.... Read More

Janet Carnochan

20:25 PM, 25th January 2021
About 3 months ago

Am I being unreasonable?

I'd accept the 2 months. Start immediately trying to get a new tenant. By your own admissions, you say housing benefit pay the bulk of the rent. If the widow moves out then they will no longer be paying. You would then have to chase the guarantor which would incur you more expense. If it went to court then there is no guarantee you will win. In Scotland our tenants don't need to give that much notice to get out of a tenancy. I would also show compassion.... Read More