Steve Masters

Registered with Property118.com
Tuesday 6th August 2013

Insures properties through a broker recommended by Property118
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Latest Comments

Total Number of Property118 Comments: 189

Steve Masters

18:07 PM, 17th January 2019
About 4 days ago

Access after section 8/abandonment

Reply to the comment left by Rod at 17/01/2019 - 16:37
I agree Rob.
Time is of the essence here. 😉 😉
If you had the forethought to take with you a "notice of intention to enter" on your last visit and hand delivered it, then 24h will have passed and you will be covered.
Go round there now and secure your property.... Read More

Steve Masters

17:55 PM, 17th January 2019
About 4 days ago

Access after section 8/abandonment

Reply to the comment left by Old Mrs Landlord at 17/01/2019 - 17:40
It's not an "impossible situation". Give notice, get no reply, go in and shut the windows. Simples!... Read More

Steve Masters

12:51 PM, 17th January 2019
About 4 days ago

Access after section 8/abandonment

I think you will find that a Landlord has the right to enter his property for reasonable reasons so long as he gives reasonable notice and the tenant doesn't refuse.

Is a text message reasonable means to deliver such notice if this is the agreed or only method of communication? The landlord should use all possible means to deliver this important and urgent notice, eg email, whatsapp, recorded delivery snail mail etc etc.

If Graeme had left a hand deliver paper notice on his previous visit then I think he would be covered.

If the tenant doesn't reply within 24 hours then Graeme is reasonably safe to enter the property to secure it. He should take a witness. This does not give him the right to change the locks and/or take back possession.... Read More

Steve Masters

18:14 PM, 11th January 2019
About A week ago

Tenancy deposit cap to be cut to 5 weeks

"The Tenants Fees bill also sets out other fees that will be banned going forward including any payments over and above the capped security deposit of 5 weeks rent and a capped holding deposit of one week’s rent."
When I first read this I thought it meant that a security deposit and fees could not together total over 5 weeks rent. Brilliant I thought, I can still charge 1 weeks rent as fees and hold a 4 week security deposit. What a fantastic compromise. But then I read it again and don't think that is the case after all. It's a total ban on all up front fees. Such a pity.
I used to charge a £120 fee to help cover all my expenses at the beginning and end of every tenancy. If a tenant decides to leave after 6 months it cost them £20 month extra, if they stay 5 years it cost them £2 a month extra. Now I will put my initial rent up £20 a month and offer a £120 rebate after each 12 months as a reward for the tenancy being respected, including all rent being paid in full and on time for the full year. After the first year I will review the rent and probably leave it the same for the second year.
What do people think of this idea?
What will you do to help pay all the costs at the beginning and end of each new tenancy?... Read More

Steve Masters

16:19 PM, 8th January 2019
About 2 weeks ago

Shelter Social Housing Commission calls for 3m new homes over 20 years

Reply to the comment left by Old Mrs Landlord at 08/01/2019 - 11:49I haven't had time to read the report, too busy dealing with all the red tape surrounding being a Landlord, but I agree with Old Ms Landlord, those evictions are more likely to be as a result of a breakdown between T & LL, T failure to understand their own responsibilities, failure to ventilate etc etc, even withholding rent. I bet the report doesn't substantiate it's claim or provide detailed reasons for such evictions. It is plain wrong to assume they are all retaliation evictions.
But I do agree with the very basic tenet of the report. There is ONLY one real long term solution to the housing problem: "BUILD MORE HOUSING".
And I don't advocate this because I will directly profit from more houses, on the contrary, it will keep house prices and rents lower which will hit my profits. I agree with building more houses because it is the right thing to do, for every tenant, for every young person and for the country as a whole.
But I do say leave landlords alone to get on with with providing rental accomodation where it is needed and at affordable rents. It will allow market forces to regulate the sector. Bad landlords will be out performed by the good landlords and driven out by tenants and buyers with the power of greater choice.
I am constantly renting to tenants who would love to buy, just not right now. They need the ease and flexibility of living where and when they want and the ability to easily move as their circumstances change. Good rental housing will always be needed, which requires good landlords.... Read More