Paul Shears

Registered with Property118.com
Wednesday 31st July 2013


Latest Comments

Total Number of Property118 Comments: 230

Paul Shears

0:26 AM, 21st August 2019
About 2 hours ago

How do we select the best tenants for us?

Reply to the comment left by kaps z at 20/08/2019 - 21:20
We can never be sure about these things. You should go with your gut instinct once all the necessary risk reduction is complete. I suspect that the couple might be less trouble but I have little to go on here. Good luck to you.... Read More

Paul Shears

19:39 PM, 20th August 2019
About 7 hours ago

How do we select the best tenants for us?

Do a jointly & severally liable contract. Get any remaining tenant to find the new housemate and then you take over and get involved with whatever requirements you have.
The cost of the kitchen is best incurred ASAP if you take a long term view on the investment as this will enable you to reject more tenants from subsequent applications.
Assuming any remaining tenant is up to the initial task of finding a suitable house mate, you need to stress that this takes two months to achieve or they will be liable for the full rent until the end of term. If you see any indication that they will not be up to this then do not take them on in the first place.
This will minimise voids and maximise profits.
Do the necessary paperwork regarding tenant changes yourself or you will live to regret it.
I am not sure what "for lettings" really means in detail.
Are you using some sort of agent?... Read More

Paul Shears

22:43 PM, 21st July 2019
About a month ago

Article 4 fee is a money grabbing exercise

I have just been informed that the idiot home owner across the entire city of Winchester (If you can actually believe this) want to introduce an Article 4 restriction across the entire city.
This impacts on a current major investment that I have here.
Has anyone ant idea of how this nonsense can effectively be opposed?... Read More

Paul Shears

13:22 PM, 11th July 2019
About a month ago

When a tenant dies his Utility Bills die with him?

Slightly different situation encountered by myself.
A utility provider came after me for around £700 but, although I accepted liability for some sort of financial payment, I maintained that the charge had to be "reasonable". For various reasons it was utterly impossible to accurately quantify an accurate charge. So the bill was based om procedural (No judgement) guesswork.
After many months of my refusing to pay a charge which was, at a common sense level, far too high, I ran out of patience. I informed the utility provider that it was obvious that they were incapable of sending me a bill which we could agree was reasonable. As such further communication at this level on the matter was pointless. I therefore advised them that the next communication that I required from them was a summons to appear before a judge.
The utility provider wrote the entire bill off.............. Read More

Paul Shears

9:53 AM, 10th July 2019
About a month ago

Cash rich and nowhere to live

Reply to the comment left by terry sullivan at 10/07/2019 - 09:40
That, inevitably, will treat many of the symptoms but, given the ever increasing structural disaster of first world countries, will only temporarily reduce the underlying problem.... Read More