Residential Letting Questions

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Started by Lawcruncher, 08-03-2010, 14:27 PM
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Started by Lawcruncher, 03-01-2016, 11:16 AM
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Started by vicks, 10-05-2012, 18:25 PM
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Started by Moderator2, 20-10-2014, 06:54 AM
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Started by Moderator1, 15-11-2010, 09:53 AM
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Started by jeffrey, 01-06-2010, 09:35 AM
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by jeffrey
 
Started by mastersrealestate, 23-06-2017, 17:09 PM
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  • Wording on AST Renewal
    MYork
    I have been in this property for 14 months now (15/7/16). In at the end of April I received a letter regarding renewal of my tenancy agreement. When reading the letter it states if I wish to renew or alternatively if I wish to vacate the property so I was under the assumption that these were the only...
    19-09-2017, 19:37 PM
  • Reply to Wording on AST Renewal
    tatemono
    It is not illegal (currently) for LA's to charge an admin fee for renewal of an AST. Nor is it illegal for a LL to insist that a tenancy does not go periodic but is renewed with a further fixed term. It may not be what you want and you may be right to think it's not fair, but it's not illegal.
    ...
    20-09-2017, 09:20 AM
  • Taking on a lodger and interpreting mortgage terms
    Eigentum
    Hi,

    I'm new to this forum and to the world of property investment. I've recently purchased a second property on a residential mortgage for the purposes of being closer to my workplace for most of the week and also to ease myself into understanding the world of property investment. It's...
    19-09-2017, 22:02 PM
  • Reply to Taking on a lodger and interpreting mortgage terms
    jpkeates
    For tax purposes, you will have to select which of the two properties you own is your main residence (as CGT is payable on the other one).

    Your mortgage terms may not allow the situation anyway, as normally a residential mortgage is assumed to be on your main residence, not somewhere you...
    20-09-2017, 09:02 AM
  • Reply to Wording on AST Renewal
    ilovelettingagents
    I'm referring to Letting Agents that present your options as being "sign a new fixed term and pay the fee" or "move out". This is clearly misleading, as the third option of a statutory periodic tenancy is not put forward. The tenant is in no position to negotiate anything - you either...
    20-09-2017, 09:01 AM
  • How early do you start advertising?
    PollyW
    I manage my own properties and have always waited until I have a vacant flat which is ready for letting before I start advertising.

    I have a tenant due to leave in one month and I am concerned that the later I leave the advertising, the harder it will be to fill the flat, given the time...
    19-09-2017, 08:19 AM
  • Reply to How early do you start advertising?
    boletus
    One month before, usually have a waiting list by the time it is empty....
    20-09-2017, 08:54 AM
  • Reply to Wording on AST Renewal
    security2
    Yeah, it's shocking isn't it. You sign a legal contract, under UK law, and the least you'd expect is to be able to walk away from it and for any of the terms that you agreed to and signed up for to be just ridden roughshod over...

    Some people need to take responsibility for their own actions!...
    20-09-2017, 08:18 AM
  • Reply to Wording on AST Renewal
    ilovelettingagents
    Yeah this appears to be a widespread industry scam, which is apparently perfectly legal. Even if you'd argued for a periodic tenancy though, you may well have found yourself in the same situation as me, with a S21 on the doormat and facing eviction. As the law stands, you either dance to their tune...
    20-09-2017, 07:36 AM
  • Landlord (me) or agent to register deposit - pros & cons
    123Landlord
    Hello,

    I'm writing my ideal specification for employing an agent - I'm a very optimistic person!

    So this is hypothetical ... I'm trying to work out if it's better to get an agent to register a deposit or register it myself (even if I pay for a fully managed service).
    ...
    18-09-2017, 19:40 PM
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