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[boletus]

Slightly!? 25-30%* off and the tenant usually ends up leaving anyway.


*Anecdotal, pre-covid...

[boletus]

Yes, I have.

The ASB grounds are pathetically unfit for purpose.

Thank God for what is left of section 21....

[boletus]

If that is correct then it is an abuse of the licensing powers.

> 99% of tenants don't require 24/7 contact with their landlord so it just pushes up all rents for the tiny minority that do....

[boletus]

Clocks going forward leading to more daylight, new figures suggest.

What a load of old b..........

[boletus]

Have you had much practical experience of landlord/tenant law?...

[boletus]

This. Landlords who don't bother are part of the problem....

[boletus]

Please provide a link to these 'tenant forums'....

[boletus]

No they're not, I have my choice of good tenants....

[boletus]

The market 'might' always experience a correction, nothing new there. We had the four horsemen of the apocalypse last year and it never happened, despite all the expert predictions. And comparatively, this year looks a lot more positive.

I remember having an 85% LTV BTL in 2004 at 6.45%...

[boletus]

https://www.kensingtonmortgages.co.u...duct-guide.pdf

Kensington offering 85% LTV BTL.

[boletus]

Garage rewiring £1000 divided by 36 months = £27.77 pcm rent increase/decrease.

As all my long term tenants are paying below market rent, I'd increase accordingly....

[boletus]

That article pretty much says the same as Lawcrunchers sound advice....

[boletus]

Just seems like negotiation at this stage....

[boletus]

I wouldn't be incentivising them to stay by giving them below market rent....

[boletus]

I'm in agreement with the gist of your earlier post, you just picked the wrong index over the wrong time frame!

The S&P500 over the same time averaged about 15% per year not including dividends....

[boletus]

I think that article is referring to people actively day trading.

I've averaged 7% pa over 20+years from drip feeding into the major shares indices....

[boletus]

Not quite.

FTSE100 was at 6250 points 20 years ago, it is 6500 today (approx).

£200,000 over that time would have returned about £7K per year because of the dividends;

https://www.cazenovecapital.com/uk/f...ithout-moving/

if you include dividends...

[boletus]

Yup, that's probably what I'd do.

But if a tenant told me an electric glass hob spontaneously exploded whilst cleaning it with a sponge, I might be less understanding....

[boletus]

Did those instructions specify not to drop a bottle of Stella Artois on the edge of a glass hob when you are pissed?

Have you signed for the care and cleaning instructions instructing you not to do that.

If not, then it may not be your fault!


(Stuff happens,...

[boletus]

It makes it discretionary, not mandatory....