Deposits

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  • MrShed
    replied
    Yes...search these forums. It has all been covered before. Is there a specific area you want help on? Otherwise you could write a book on the whole topic and still not cover it.

    Leave a comment:


  • Gordonj
    started a topic Deposits

    Deposits

    Can anyone give me any information in respect to the Rules re both Landlord and Tenant in respect to deposits.

    Many thanks, nice to meet you all.

    GordonJ

Latest Activity

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  • Reply to Direct Debit vs Standing Order
    by boletus
    It takes about a minute, a couple of times a day whilst doing concurrent activity. I check more often if I'm concerned about a tenant or customer but still less time than it took you to write your post.



    Because it is an early warning sign of a tenancy going awry and a landlord
    ...
    23-09-2020, 10:43 AM
  • Direct Debit vs Standing Order
    by danwestgarth
    Has anyone any experience in collecting rent from tenants using Direct Debit opposed to Standing Order? From what i understand, with Direct Debit the payee (landlord) is in control, rather than the payor (tenant). JCould be a good way to minimize missed payments during covid-19. Does anyone know of...
    22-09-2020, 15:44 PM
  • Reply to Direct Debit vs Standing Order
    by Ted.E.Bear
    Seriously?
    Any sensible tenant should question why you want the authority to take more than the rent.
    That isn't being 'tricky', it's just not being foolish....
    23-09-2020, 10:33 AM
  • Reply to Rent arrears
    by ChrisDennison
    jpkeates I agree once more with your sentiment. I would only add to that that rent arrears can be claimed for six years, so there might not be much urgency to push this now. Of course if the tenant stops paying altogether or threatens this, then I for once would throw all of my tools at them....
    23-09-2020, 10:29 AM
  • Rent arrears
    by MP31
    Hi

    I have a tenant who got in arrears in the end of 2019 by 1.5 months because of work then continued to pay full rent until Covid. He couldn't work and was unfortunate to not get furlough or any government scheme other that UC so we arranged a reduced for 4 months. Now he is behind further...
    22-09-2020, 19:58 PM
  • Reply to Do you regularly (or at all) increase rent for existing tenants?
    by jpucng62
    I'm not sure that tenants on lower than market rent realise that they are - they probably don't keep an eye on things the way a LL might. I regularly check Rightmove to assess what is happening and use this information in my review of rents, but I think tenants probably only look when they want to move....
    23-09-2020, 10:21 AM
  • Do you regularly (or at all) increase rent for existing tenants?
    by ChrisDennison
    I would like to gauge your experience on this - in all my properties I have never increased rent in an existing tenancy, regardless of how long the tenant stays. Am I stupid or normal or somewhere in between?

    I’m of course happy to adjust to market rent whenever a tenant moves out and...
    19-09-2020, 19:00 PM
  • Reply to Can I exercise break clause and notice period
    by DPT57
    The landlord doesn't have to want to live there now. Its sufficient to have lived there previously....
    23-09-2020, 10:20 AM
  • Can I exercise break clause and notice period
    by wildflower
    According to the tenancy agreement, I, as landlord, may terminate the tenancy by serving a break notice on the tenant. This is an assured shorthold tenancy and the break notice period must be at least two months. Am I correct in thinking that this means that I would seek possession under Section 8 rather...
    20-09-2020, 05:07 AM
  • Reply to Direct Debit vs Standing Order
    by ChrisDennison
    Ok that’s a fair point for questioning further. Although from the other posts it sounds as if direct debit would actually be better for the tenant, not worse. So I would be more worried if a tenant says ‘I only pay you by direct debit’.



    Well whenever I look at my statements...
    23-09-2020, 10:19 AM
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