Police are on a high after closing 5,000 cannabis factories across the North West in the past three years – and are urging landlords and letting agents to step into the war on drugs.
Police are shutting down an average four cannabis farms a day – with many located in rented homes and commercial properties. Continue reading Police on high after closing 5,000 cannabis factories
That is a question that I am asked by landlords all the time and I am pleased when they ask me because it means that they do not intend to “send the boys round”. These landlords want to remove unwanted tenants legally so I am always happy to explain the process of either Section 21 or Section 8 – the only two legal methods of removing reluctant tenants.
One landlord told me that he had served a Section 21 notice but that the tenant did not move out! Continue reading How do I get rid of my bad tenant?
Landlords have been warned of tenants fraudulently filling out tenancy agreements with fake names and barely paying rent.
Let Insurance Services say similar cases involving landlords are on the increase and the lack of available credit for some after the credit crunch could be to blame. Continue reading Landlords Need to be Wary of Fraudulent Tenants
Buy to let landlords could be made to pay water bills for departing tenants if they fail to pass on their details under a proposed new law.
Water companies write-off around £328 million a year in unpaid bills – costing every consumer £15 a year, says the Department for the Environment, Food and Rural Affairs (DEFRA).
Although landlords have a legal obligation to tell gas and electricity companies the identity of any occupiers, no such requirement exists for water companies. Continue reading Landlords May Have to Pay Water Bills for Runaway Tenants
You can reference tenants, you can use your own judgement to select ones you think you can trust and you can be a good honest considerate landlord, but there is still no guarantee they will treat your property with respect.
If you have not experienced any issues with tenants damaging your property then you are very lucky. As a landlord myself I have had my share of bad tenants but am regularly horrified at some of the checkout videos I see back from our inventory clerks. Perhaps I am too emotional about the subject, but I really feel that some of these tenants should be prosecuted for criminal damage rather than just forfeiting their deposit. Continue reading Warning: Upsetting Footage For Landlords
I’ve just come off the phone to our local housing benefit “help” line, scraped myself off the ceiling and stopped terrifying the handyman (who is putting up shelves) with my expletives. Based on previous experience, I don’t know why I thought this call could ever be a productive use of time. Continue reading The Pointless Housing Benefit Helpline
As I read my way through developments in the housing world on a daily basis I see increasing reference to perceptions about social housing tenants which seems to be becoming a source of more concern for many landlords.
People have often had negative opinions about that world, but not as serious as the direction it seems to be going. I thought it might follow on from last summer’s riots, I don’t know, but 3 things happened on the same day last week to make me ponder on this more seriously Continue reading Why are Social Housing Tenants Seen As Second Class Citizens?
Now you may think this sounds all too easy. Don’t get me wrong, I have also made some bad investment mistakes. Two out of ten mistakes is acceptable as long as you learn from them and shed such investment mistakes as soon as you can. Albert Einstein said “Anyone who has never made a mistake has never tried anything new”. Do not become so cautious that you never buy anything. With property investment there’s always ups and downs, a lot of hard work, and a fair share of bad tenants. Continue reading The story of a Value Investor – Part 3
As I sit here in a Civil Court’s waiting room waiting to be called (here pursuing a tenant on behalf of a landlord), it makes me think that all this is a bit laborious and pointless.
Why is the legal system being used for run-of-the-mill cases like these? Yes, I know that it’s hugely important to those involved, but to wider society? Continue reading Holding Court? Holding hands more like
Continuing on the maintenance theme (somehow I think this could be ongoing!), I’m in the midst of a continuing dilemma:
Tom has been a tenant for 4 years after being referred to me by the Salvation Army. He’s an asset to the house when sober but a pain in neck when drunk as he can never get his key in the front door when he staggers home and is often found on the stairs having forgotten which room he lives in! He’s unemployed, survives on Value noodles, spends his days ironing his clothes and keeping the common areas spick and span – talents picked up from his Army days. Continue reading HMO Landlady Sacks Tenant