Gromit

Registered with Property118.com
Tuesday 22nd September 2015


Latest Comments

Total Number of Property118 Comments: 625

Gromit

19:55 PM, 28th July 2021, About 4 days ago

Should I proceed with offering a tenancy agreement?

Reply to the comment left by Vulnerable Tenant at 28/07/2021 - 14:39
You can thank Shelter, Generation Rent, Acorn, LRU, and all the other so called homeless charities who've successfully lobbied Government to increase Landlords costs and risks, to point where Landlords have to be extremely careful to whom they rent their properties to. As getting a rogue tenants can cost many thousands of pounds in lost rent and legal costs, plus a lot of anguish & hassle, to regain possession.
How else would you propose a Landlord protect himself?... Read More

Gromit

12:22 PM, 23rd July 2021, About A week ago

Should I proceed with offering a tenancy agreement?

The fact you're asking means you have some uncertainty maybe a gut feeling.
Have they got references form previous 2 or 3 Landlords? have you spoken to them. NB previous LL may be giving them a good reference to help get rid of them.
In this day & age you cannot take any risk as that could prove very expensive. Getting RGI if you can get it for these tenants, will mitigate your risk. Increase the rent to cover the RGI premium cost... Read More

Gromit

19:23 PM, 7th June 2021, About 2 months ago

Portfolio Landlord exploitation?

Reply to the comment left by TrevL at 07/06/2021 - 17:18I disagree a portfolio Landlord should be a lower risk as he's got more properties to spread any shortfalls over.
E.G. a LL with 2 properties and 1 fails to pay rent = 50% reduction in rental income. whereas a LL with 10 properties and 1 fails to pay = 10% reduction... Read More

Gromit

11:05 AM, 20th May 2021, About 2 months ago

Letter to tackle persistent and unreasonable maintenance requests?

Sounds like you've some 'entitled' tenants.

Improvements=>better quality property=>higher rent.

This nees to be pointed out to them.... Read More

Gromit

10:25 AM, 6th March 2021, About 5 months ago

Government's so-called protection is damaging decent tenants' prospects

Reply to the comment left by Ian Simpson at 06/03/2021 - 07:28
There isn't any Government legislation requiring Landlords to have guarantors. It is just the current legislation is so biased in favour of Tenants, why would you take the risk offering a tenancy without a guarantor?... Read More