Of course it will come up with something similar to your own material as most of the information available has been prepared by you, it is no more than a sophisticated search engine/ predictive text tool, there is no magical insight. Likewise other articles may have been used for other versions... Read More
1, RMCs don't usually have managing directors, they may have a chairman. Unless you mean you were actively managing.
2. If that was the case how come you were not party to the expenditure?
3.They should not have removed you unless you had failed to act in the interests of the company or to attend meetings for six months which they could engineer by not inviting you, however you could be voted out at the next re-election which requires a general meeting
4. If you're not a director there is no obligation to provide you with the minutes.
Difficult to add anything else without knowing a bit more about the company... Read More
You need to check the conditions, I have one with Precise and it does preclude family members even though it is a ltd co. The co doesn't have relations but the loan is guaranteed by you... Read More
Hairdryer or hot air gun.
Alternatively go out and come back some hours later leaving towels around the base
Seriously, it's not fair on your child to expect them to manage a rental. It could also cause ill-feeling between the students if they are seen as their landlord
Amongst other things, in Wales you have to give six months notice... Read More
If you don't want the work, employ an agent. You'll have to do it in four months time anyway. Yes the tenant is liable until the end of the fixed term but the courts do not look favourably on landlords who do not accept a reasonable offer to cover costs and make no attempt to re-let the property. Once re-let or potentially re-let the former tenant is not liable. In the current market it will re-let quickly so you don't have a case... Read More
Just re-read this post, you became a director for the managing agent? You can't be a director for them, and if the other directors of the flat company agree to your appointment then who are the two that got you taken off?... Read More
Can be co-opted by other directors and then elected at next general meeting
Your resignation (sic) must be minuted or in writing so ask for copies.
If the other directors want you on the board then the agent cannot refuse and you don't need to sign, it's all done online. You will need the code as Graham says or you can write to Companies House and raise a dispute
Your accountant will have the code too and if you all sign a letter to them they should action it but you need a general meeting... Read More
17:01 PM, 8th June 2024, About a month ago
@judith - there is no mention that this is a landlord, seems likely to be an owner-occupier... Read More
17:01 PM, 8th June 2024, About a month ago
Reply to the comment left by Judith Wordsworth at 04/06/2024 - 11:20
@judith - there is no mention that this is a landlord, seems likely to be an owner-occupie... Read More
13:04 PM, 28th May 2024, About 2 months ago
Of course it will come up with something similar to your own material as most of the information available has been prepared by you, it is no more than a sophisticated search engine/ predictive text tool, there is no magical insight. Likewise other articles may have been used for other versions... Read More
18:28 PM, 22nd April 2024, About 3 months ago
This thread has been revived after almost a year so I would be interested to hear the current situation from the original poster.... Read More
23:17 PM, 15th March 2024, About 4 months ago
1, RMCs don't usually have managing directors, they may have a chairman. Unless you mean you were actively managing.
2. If that was the case how come you were not party to the expenditure?
3.They should not have removed you unless you had failed to act in the interests of the company or to attend meetings for six months which they could engineer by not inviting you, however you could be voted out at the next re-election which requires a general meeting
4. If you're not a director there is no obligation to provide you with the minutes.
Difficult to add anything else without knowing a bit more about the company... Read More
13:17 PM, 2nd March 2024, About 5 months ago
Reply to the comment left by GlanACC at 02/03/2024 - 08:09
You need to check the conditions, I have one with Precise and it does preclude family members even though it is a ltd co. The co doesn't have relations but the loan is guaranteed by you... Read More
14:29 PM, 24th December 2023, About 7 months ago
Reply to the comment left by Welly at 23/12/2023 - 19:57
... Read More
10:20 AM, 23rd December 2023, About 7 months ago
Solicitor or professional agent... Read More
10:16 AM, 23rd December 2023, About 7 months ago
I tried this and the bank where I held the account would not agree. An SPV is non-trading and must never have traded (cf. dormant).
Maybe you can set up a new bank account with another bank but let me know if you succeed... Read More
10:13 AM, 23rd December 2023, About 7 months ago
Reply to the comment left by Beaver at 21/12/2023 - 14:52
Yes it is a home and likely your principal one as you may spend more time there. However that is moot, you definitely have two.... Read More
9:56 AM, 23rd December 2023, About 7 months ago
Reply to the comment left by Tessa Shepperson at 23/12/2023 - 08:25
Tessa's site is excellent and gives a lot of information gratis. However to avoid pitfalls, I recommend joining... Read More
9:44 AM, 23rd December 2023, About 7 months ago
EPCs are a very poor guide to energy efficiency and Payprop presumably has a vested interest as it provides software for letting agents... Read More
14:48 PM, 9th December 2023, About 7 months ago
All my lets go periodic and are inspected every six months... Read More
13:37 PM, 18th November 2023, About 8 months ago
Reply to the comment left by karan hathaway at 16/11/2023 - 10:09
They don't need the borrower's consent... Read More
14:33 PM, 6th September 2023, About 10 months ago
Hairdryer or hot air gun.
Alternatively go out and come back some hours later leaving towels around the base
Seriously, it's not fair on your child to expect them to manage a rental. It could also cause ill-feeling between the students if they are seen as their landlord
Amongst other things, in Wales you have to give six months notice... Read More
9:13 AM, 30th August 2023, About 11 months ago
If you don't want the work, employ an agent. You'll have to do it in four months time anyway. Yes the tenant is liable until the end of the fixed term but the courts do not look favourably on landlords who do not accept a reasonable offer to cover costs and make no attempt to re-let the property. Once re-let or potentially re-let the former tenant is not liable. In the current market it will re-let quickly so you don't have a case... Read More
16:20 PM, 29th August 2023, About 11 months ago
You can issue an AST, it just means that some of the tenancy legal protections might not apply. I rented a second home for work on an AST... Read More
12:16 PM, 29th August 2023, About 11 months ago
Just re-read this post, you became a director for the managing agent? You can't be a director for them, and if the other directors of the flat company agree to your appointment then who are the two that got you taken off?... Read More
12:10 PM, 29th August 2023, About 11 months ago
Can be co-opted by other directors and then elected at next general meeting
Your resignation (sic) must be minuted or in writing so ask for copies.
If the other directors want you on the board then the agent cannot refuse and you don't need to sign, it's all done online. You will need the code as Graham says or you can write to Companies House and raise a dispute
Your accountant will have the code too and if you all sign a letter to them they should action it but you need a general meeting... Read More
12:02 PM, 29th August 2023, About 11 months ago
Don't have a problem being a landlord. Keep it simple... Read More