Letting to LHA

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Originally posted by Mrs Mug View Post
    Just a quick check.

    Do you have a mortgage for this property? If yes, does your lender allow you to rent to LHA tenants? See the link below.

    http://www.landlordzone.co.uk/blog/n...enefit-tenants

    Also does your landlords insurance allow you to rent to LHA tenants?
    good point. I will double check the small print on the mortgage, but I think we can.
    We specifically chose LHA T's on the landlord insurance it added about £20 to the cost.

    Originally posted by daveg View Post
    Please take your time finding a tenant and do not take someone that is not ideal because they can move in quickly.

    I would spend £100ish in one of the online agents that will get you on the big sites like rightmove. I have used upad and found them very good but I am aware of others that are cheaper. You could have you details online tonight. Give it a few days and see what response you get.

    If you have a good property priced correctly I dont think you will have a problem finding a really good tenant.

    Edit just seen Mrs Mugs comment - you will probably get your £100 back if you let to working tenants because your LL insurance will be much cheaper.
    yes have used uPad before with good results.
    Thanks for your opinion...

    Comment


    • #17
      Kwaka,

      This is worth looking at - expands on some of the points already made, and some new ones:-

      http://tenancyanswers.ucoz.com/index..._benefits/0-54

      Comment


      • #18
        Thanks, much appreciated.
        Funnily enough I happened across that link when researching.

        Comment


        • #19
          Originally posted by Kwaka View Post
          I wonder if I could ask for some further opinion.//

          //I asked the T for a guarantor and some bank statements, but the local housing resourcing officer then rang to explain that the tenant doesn't have anyone to act as guarantor and that they are providing a bond and paying rent directly for her which should be sufficient for me.
          So for those people accepting LHA T's is this the norm, and considered acceptable?//

          //Any other questions I should be asking?
          Ask the resourcing officer if they are willing to act as a personal guarantor if this is such a sure thing.

          Then tell them to flip the flip off and find some other mug (to misquote Malcolm Tucker).
          Last edited by boletus; 07-12-2012, 18:34 PM. Reason: No offence intended to Mrs Mug

          Comment


          • #20
            Originally posted by boletus View Post
            Then tell them to flip the flip off and find some other mug (to misquote Malcolm Tucker).
            I will pass on your kind message.

            Comment


            • #21
              For this exercise you will need the following equipment.......


              Bargepole (long) for the use of.
              I offer no guarantee that anything I say is correct. wysiwyg

              Comment


              • #22
                Agreed - seems like an added risk for no added benefit. Advertise it elsewhere and let someone else take the risk with this Tenant (IMO)

                Comment

                Latest Activity

                Collapse

                Working...
                X