Residential Letting Questions

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Started by loanarranger, 09-12-2021, 12:01 PM
2 responses
188 views
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Last Post loanarranger  
Started by Lawcruncher, 08-03-2010, 15:27 PM
548 responses
214,465 views
1 like
Last Post Moderator2  
Closed, Sticky: Tenancy Guarantees by Lawcruncher
Started by Lawcruncher, 03-01-2016, 12:16 PM
58 responses
9,107 views
1 like
Last Post Moderator2  
Started by vicks, 10-05-2012, 18:25 PM
51 responses
38,128 views
4 likes
Last Post jpkeates  
Started by Moderator2, 20-10-2014, 06:54 AM
0 responses
17,483 views
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Last Post Moderator2  
Started by Moderator1, 15-11-2010, 10:53 AM
0 responses
25,000 views
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Last Post Moderator1  
Started by RayG, 26-08-2018, 13:35 PM
17 responses
249 views
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Last Post RayG
by RayG
 
Started by enic, 26-08-2018, 13:41 PM
7 responses
7,290 views
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Last Post Lawcruncher  
Started by Lawcruncher, 26-08-2018, 15:28 PM
0 responses
50 views
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Last Post Lawcruncher  
Started by johnson13, 25-08-2018, 07:31 AM
7 responses
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Last Post MdeB
by MdeB
 
Started by Lisatelf, 25-08-2018, 08:16 AM
5 responses
145 views
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Last Post MdeB
by MdeB
 
Started by Slganapat, 25-08-2018, 10:19 AM
10 responses
235 views
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Last Post Lawcruncher  
Started by leebo10, 16-08-2018, 17:38 PM
23 responses
1,508 views
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Last Post RayG
by RayG
 
Started by tatemono, 23-08-2018, 08:23 AM
9 responses
1,559 views
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Last Post RayG
by RayG
 
Started by alberttatlock1, 22-08-2018, 20:16 PM
11 responses
323 views
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Last Post jpkeates  
Started by Landlordlion1234, 22-08-2018, 17:11 PM
23 responses
477 views
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Last Post Landlordlion1234  
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  • Reply to Greetings, I Come in Peace
    by jpucng62
    You are buying the right to occupy that space for the number of years on the lease - nothing more!...
    21-01-2022, 12:35 PM
  • Greetings, I Come in Peace
    by AVJ113
    Hello all, I am a prospective landlord. I will be arranging my first mortgage in principle today as a start to my evil buy-to-let empire. As a total newb, what would be the one piece of advice you would give after your years of experience as a landlord?
    20-01-2022, 07:24 AM
  • Reply to Greetings, I Come in Peace
    by jpucng62
    People lazily refer to tenants 'on benefits' when what most really mean is people who do not work. As artful says many people have some sort of top up by the Govt - tax credits, child benefit, LHA - because their incomes are below the threshold set. If you remove all these people from your pool of tenants...
    21-01-2022, 12:34 PM
  • Reply to Greetings, I Come in Peace
    by davetg
    " Is it wise to do restrict your market?" in my opinion yes - what is your experience and would you recommend to the OP that s/he accepts tenants on benefits?

    Perhaps I should hare been clearer and said none working tenants on benefits, I do not have a problem with people working...
    21-01-2022, 12:33 PM
  • Reply to Greetings, I Come in Peace
    by boletus
    https://www.mortgagestrategy.co.uk/n...andlords-nrla/

    Almost one in ten private landlords with Universal Credit claimants have experienced at least one tenant running into difficulties paying their rent.

    That's not good odds....
    21-01-2022, 12:32 PM
  • Reply to Greetings, I Come in Peace
    by theartfullodger
    Being as I am in receipt of 6 benefits (old) I do wonder why some landlords indulge in such discrimination.

    More than half UK adults are in receipt of some benefit (CB, wtc, CTC, etc etc ). Is it wise to do restrict your market?

    How would you know a prospective tenant is...
    21-01-2022, 12:04 PM
  • Reply to Greetings, I Come in Peace
    by davetg
    "I see a theme here :-) What is your experience with people on benefits?"

    I have been renting properties for over 20 years initially to mixture of working and benefit tenants. I have had to evict 3 tenants - all of them on benefits. This has cost me about £12,000 in lost rent...
    21-01-2022, 11:49 AM
  • Reply to Occupational rent to an executor.
    by jpkeates
    It would be different now, your sister owns half the house, and if you're living in all of it, she can claim rent for the half she owns.
    She wouldn't be making money from your mother's estate, which has now been divided up.

    She won't succeed unless there's some other circumstance...
    21-01-2022, 11:27 AM
  • Occupational rent to an executor.
    by Yoda 111
    I am currently living in my deceased mother's house which I have lived in for 46 years my sister is the executor of the Will. My mother died in February 2020 so nearly 2 years ago and now my sister want's to charge me occupational rent from the time of death up until grant of probate was granted may...
    20-01-2022, 19:44 PM
  • Reply to Greetings, I Come in Peace
    by Turbine Terry
    In a large nutshell and apologies for going off thread topic. Rental yields in my area (and many areas) have risen, particularly in the last year or 2. Even though house prices have gone up, rental prices have increased at a faster rate, so a better return on investment is being achieved lately....
    21-01-2022, 10:57 AM
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