Grumpy Doug

Registered with Property118.com
Tuesday 5th January 2016

Trading Status
Joint

Number of rental properties owned
6 - 10

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 88

Grumpy Doug

22:34 PM, 2nd April 2020
About 4 months ago

No Rent For Buy To Let Landlords

Reply to the comment left by JonC at 02/04/2020 - 18:26Jon - I'm in exactly the same boat. The Government's own guidance states that rental contracts must be honoured. When approached, I'm pointing them in the direction of these two sites.
The link below to the savethestudent website, a student orientated site, provides an excellent overview of student obligations:-
https://www.savethestudent.org/save-money/lifestyle/coronavirus-advice-university.html#rent
Also the Student Loans Company - funds will be available as usual :-
https://www.gov.uk/government/news/slc-coronavirus-covid-19-update--2
Having said that, I have a stroppy student with his father refusing to pay. I'll leave it to the County Court to educate him in August if necessary. Just a pity that he'll drag his housemates and their guarantors with him as it's joint and severable. We shall see ....... Read More

Grumpy Doug

12:50 PM, 27th March 2020
About 4 months ago

Covid-19 will crash my student BTL business?

Jon - like you, this is my business here in Bournemouth. I have a house that has been troublesome all year so far and I'm currently negotiating with them for the balance of the year. This suits me as I want to replace both bathrooms and fully decorate so having early access to the house takes the pressure of me in the summer.

For all inquiries, I'm pointing them in the direction of the Student Loan Company who are paying loans as usual, plus this student focused site that lays out their obligations quite clearly.

https://www.savethestudent.org/save-money/lifestyle/coronavirus-advice-university.html#rent

https://www.gov.uk/government/news/slc-coronavirus-covid-19-update--2

Hope that helps... Read More

Grumpy Doug

14:36 PM, 21st March 2020
About 5 months ago

Student wants to abandon tenancy agreement unilaterally?

Reply to the comment left by Glenn Ackroyd at 21/03/2020 - 14:19
This could well be the case where the accommodation is halls of residence or houses let via the University accommodation service. Mine are standard ASTs that could apply equally to students or any group of unrelated individuals. Thoughts?... Read More

Grumpy Doug

14:18 PM, 21st March 2020
About 5 months ago

Student wants to abandon tenancy agreement unilaterally?

This is on the Student Loan Company (SLC) website, updated yesterday.
"Will I still get my next student finance payment?
SLC can confirm that students will receive their scheduled or next instalment of their maintenance loan at the planned start of their summer term, regardless of whether their university or provider has made alternative arrangements for teaching."

I've been in touch with all my students and a good number are staying put. Their precautions are crap anyway so best they stick together rather than going home and infecting all their elderly relatives... Read More

Grumpy Doug

23:20 PM, 20th March 2020
About 5 months ago

No Rent For Buy To Let Landlords

This is on the Student Loan Company (SLC) website, updated today.

"Will I still get my next student finance payment?
SLC can confirm that students will receive their scheduled or next instalment of their maintenance loan at the planned start of their summer term, regardless of whether their university or provider has made alternative arrangements for teaching."

I've already had a couple of chancers, hopefully headed off at the pass !! I'm sure there'll be more although most of mine are staying put and doing the best that they can.... Read More