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: 190

Steve Masters

10:26 AM, 7th February 2019
About a month ago

Ban on Lettings Fees to commence June 1st

Reply to the comment left by Ian Cognito at 23/01/2019 - 10:26
Ian Cognito raises an interesting and important point that I don't think anyone has picked up on.
Can a fee be charged if the landlord offers the tenant a no fee alternative?
In Ian's example a fee can be charged for referencing or, as an alternative, the tenant can supply their own references.
My example: Tenant can fix or replace something they broke themselves at their cost or, as an alternative, the landlord can fix or replace and charge the tenant. If tenant doesn't like the landlords quote then they can get their own quote.
Obviously there is an issue of enforcing the quality of tenants own alternatives. But what I would like to establish first is the legal principle here.... Read More

Steve Masters

18:07 PM, 17th January 2019
About 2 months 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 2 months 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 2 months 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 2 months 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