Buying a Property with tenants

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    #16
    No Laura I was not experienced and I was lucky but I did meet the tenants and assess their fears of being evicted and their situation. The tenancy was genuine, they had good jobs but house was a mess cleanliness wise. Vendor needed to sell due to divorce.

    Within 2 years tenant couple had split. Big clean up and re-let. To date that is my highest yield property.

    Since then I have acted for clients in doing same with no probs. I have a check list.



    Freedom at the point of zero............

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    • Reply to Letting Agent Withholding Key (Lease signed + rent paid)
      by HobbitShire
      Sorry but I must reitterate that she DID provide all documents which were initially requested before both parties signed the lease. This new, rigid requirement for a utility bill only came a day before the agreed move-in date.

      This is not a case of a prospective tenant having no paper trail....
      20-01-2022, 01:28 AM
    • Letting Agent Withholding Key (Lease signed + rent paid)
      by HobbitShire
      My partner has recently signed a lease through a well known property agent in London.

      The lease was also signed by the landlord. References from current + previous employer, landlord, etc, and proof of address were requested before signing, and provided.

      Upon signing the lease...
      20-01-2022, 00:57 AM
    • Reply to Letting Agent Withholding Key (Lease signed + rent paid)
      by HobbitShire
      Firstly, she already provided the previous lease, along with a document from the municipality of Amsterdam stating that she was registered as living there. I paid the bills as we were living together, and she has closed her Dutch bank account (as is required when you are no longer a resident). I'm sure...
      20-01-2022, 01:11 AM
    • Reply to Letting Agent Withholding Key (Lease signed + rent paid)
      by Jon66
      No bank statements with the old address on? These are available freely from your online account, or previous utility bills, council tax bills etc. I find it difficult to accept that they are unable to provide something. I would have concerns if you were my prospective tenant. You need to provide the...
      20-01-2022, 01:02 AM
    • Reply to Property damaged. Advice please
      by minorbark
      When you put it like that I'm more inclined to edge towards the S21 route regardless. As much as part of me feels some compassion for the guy and doesn't want to lump more stress on top of someone who appears to be struggling already, as has been said before, none of us are acting as a charity.
      ...
      19-01-2022, 22:51 PM
    • Property damaged. Advice please
      by minorbark
      Apologies if something similar has already been covered elsewhere. I did try to search but couldn't find anything that matched my situation particularly closely. A huge thanks in advance to any of you who do take the time to read and advise.

      TLDR version: Police have forced entry into my...
      18-01-2022, 21:55 PM
    • Reply to Property damaged. Advice please
      by minorbark
      Thank you.

      My initial contact with the police was just a phone call to the local station. As I almost half expected they wouldn't give up much info, I didn't particularly push back when they said as much and I left it at that. A formal complaint might fill in a few blanks in the story but...
      19-01-2022, 22:37 PM
    • Reply to Property damaged. Advice please
      by Hudson01
      A back door way into finding out what did happen (or more info than you have now), is to ask for a callback from the local PCSO who covers the beat area where the tenant lives (go online and start a live chat), he or she will know far more about your tenant that a faceless comms operator at HQ or anyone...
      19-01-2022, 22:17 PM
    • Reply to Property damaged. Advice please
      by DoricPixie
      Just because someone knocks on your door, even if it crescendos to them banging loudly on your door, it doesn’t mean you have to answer it or have to go and investigate.

      If the tenant suffers from mental health issues and the police were sent round because someone thought the tenant’s...
      19-01-2022, 21:47 PM
    • Reply to Property damaged. Advice please
      by WebLand
      From painful personal experience of this issue... You should formally contact the police, ask them why they broke the door down and ask for compensation. Their lawyer will then write to you with some information which may be useful for you to know (but not giving very much detail). I expect they'll...
      19-01-2022, 21:31 PM
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