If T has never seen the LL before how does he know the person on the doorstep is the LL? LR details and ID would be a start. Did he ask why?
Why would a landlord want to do this?
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Originally posted by OneSmallStep View PostLandlord visited again. Very surprised that the tenant wouldn't agree to the idea. Said he would be left with no option but to evict which he doesn't want to do. Coming back in a week to see if tenant has changed their mind.
"Signing over" a property isn't a 'thing'.
It sounds like an Americanism, for a start.
Originally posted by junglerower View PostI'd say he wants to sell and not pay Capital Gains Tax. This is possible, but you would need 6 months of evidence that you lived there.
You're liable to pay CGT for the period the property wasn't your only or main residence.
As a landlord, you might try and reduce some of the liability for CGT by using the property as a residence to get the additional 9 month's PPR allowance.
But, if your intention is to lie about that kind of thing, it's usually easier just to lie.
When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).
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Originally posted by royw View PostIf T has never seen the LL before how does he know the person on the doorstep is the LL? LR details and ID would be a start. Did he ask why?
Reason LL gives it is financial benefit for 1 month. Won't say why? He is more shocked that the T won't do it for a month rent free??
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Could be argued as harassment by landlord of tenant, a criminal offence.
Agree, politely decline unless evicted through courts (unless he SHOWS you evidence of a plausible reason...).
We've got a fiddler hereI am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...
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by lordluvusThe girl works in HM service with good ref and actually always paid her half, her dopey partner, was newly self employed and has a guarantor. (family member). Tenant got pregnant but has always paid her half, if sometimes late. Now they have a 1 yr old baby boy. This month she has paid 60% but the rest...
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Channel: Residential Letting Questions
14-08-2022, 19:36 PM -
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Reply to Future Issues for LL and Tenantsby jpkeatesI couldn't afford to live in London or the South East.
It's why I moved to Birmingham.
People seem to think they're entitled to live somewhere they can't afford to do a job that doesn't pay them enough to live where they would like.
It would actually be useful if people...-
Channel: Residential Letting Questions
14-08-2022, 19:24 PM -
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by Hudson01Looking at the news today (similar to yesterday and the day before), they are talking about combined energy bills of 4-5k a year...... by April 2023. There are many properties up north where the combined rental per annum is between 6-7k....... that is insane.
Could we have a situation...-
Channel: Residential Letting Questions
13-08-2022, 22:08 PM -
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Reply to re-entry clause any use?by jpkeatesI'm all in favour of talking to the tenant and explaining that the rent needs to be paid on time - always help to make them understand it's an issue and very much not OK.
Tell them you'll not be able to pay the mortgage on the property.
And, if after that they don't pay promptly,...-
Channel: Residential Letting Questions
14-08-2022, 19:16 PM -
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by hospitalityNew tenant signed contract with LA for initial period 17/06/2022 to 16/06/2022. T was late with initial rent itself (paid in advance), i.e. only paid on 24/06 and took possession. T was again late for the next payment due 24/07. No sign of payment yet.
I understand S8 G8/10/11 notice can...-
Channel: Residential Letting Questions
12-08-2022, 17:32 PM -
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Reply to re-entry clause any use?by hospitalityAs Interlaken pointed, I checked with a friend of mine living nearby & confirmed T is indeed living there with family, and seemingly good life with couple of cars (beemer too) and a van. The suggestion is perhaps they are the type who push the boundaries with others at every instance. It then becomes...
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Channel: Residential Letting Questions
14-08-2022, 19:01 PM -
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Reply to Gas Central Heating Included in Rentby gnvqsosThe all-inclusive tarrif is dead. It also encouraged wasteful use of resources. There is a way round this dilemma,and as a consultant I have advised many on circumventing rent restrictions, legally, of course.
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Channel: Residential Letting Questions
14-08-2022, 18:50 PM -
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by patrayI am trying to work out the best way to recoup some of the increase in the cost of the gas given that we can only put up the rent once a year but the cost is going to be increased in October and probably every 3 months.
It's not possible to forsee how much prices will rise or what help...-
Channel: Residential Letting Questions
14-08-2022, 14:03 PM -
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Reply to Future Issues for LL and Tenantsby gnvqsosThe writer has a vested interest, facing a rent rise, stripping the article of objectivity. As she works online she could relocate to Rotherham where her rent increase 0f £300 pcm would get a room plus bills...
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Channel: Residential Letting Questions
14-08-2022, 18:47 PM -
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Reply to Gas Central Heating Included in Rentby patrayThank you DPT57 and Hudson 01. I am trying to be fair to the tenants. We have no idea of what the increases might be only that they will probably be huge. On the other hand the government may step in and help with the cost again.
My idea about keeping it separate from the rent meant I could...-
Channel: Residential Letting Questions
14-08-2022, 18:45 PM -
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