Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
Yesterday I read that Bellway Homes cancelled a reservation for a Detached House because the “would be buyer” moaned a lot! Of course, if Bellway had not signed a contract then they are quite entitled to withdraw. I agree with Bellway.
I have only, twice, refused to take tenants who moaned. Both about their current landlord.
The first telephoned me after the viewing and I said I am not going to rent the property to you! Is it me she asked? Yes, I replied. Why? she asked. My response was I could not put up with you as a tenant. You started to moan about your present landlord as soon as you got through the door.
The second tenant was virtually the same. When she telephoned back, I told her, I could never put up with you as a tenant. You would drive me crazy. Take a tip and stop moaning!
Two in thirty years….not bad!
The young couple on Panorama complained about a rent increase and produced a “shopping list” of defects. If a tenant objects to an increase one year they will do so a second year. I deal with it straight away and served a Section 21. The house was re-let at the higher rent and has now rolled into a Periodic Tenancy without the tenant mentioning anything on the previous tenant’s shopping list nor anything not on the shopping list.
I have a number of tenants, who have been with me for 10-15 years, who never complain about anything. I assume they must be happy!
In case Mona Lott applies to you for a tenancy I think I ought to point out she was a fictional character from the radio programme ITMA during WWII.
Apart from the above two prospective tenants and existing tenants I must say I have found my tenants to be a rather sensible bunch.
As far as Bellway is concerned, I would endorse the Director’s decision.
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