Experienced landlord Angus Ryan explains why landlords should not be afraid to invest in HMOs and also inform their local council if they are operating a House in Multiple Occupation.
Indeed he has found...
The only way to bring a tenancy to an end is the voluntary surrender on the part of the tenant or for a landlord to obtain a court order for possession. Any other way is likely to be construed as unlawful...
Buildings insurance for a property is generally the responsibility of the owner or landlord. Tenants must still take out contents insurance to cover their possessions if they want to be protected against...
Why Property?
Over the last 30 years UK property prices have achieved average compound growth of approximately 10% each year for all areas and all dwellings. Property investment is not a quick get rich...
Void periods are an occupational hazard of letting property and something that the vast majority of landlords will experience at some point. The key to a successful void is to keep it as short as possible.
I attended the Taunton meeting yesterday which was well attended. Gavin Barwell presented himself as a nice plausible guy who you could work with. However when asked about Landlord mortgage interest/gearing concerns he sadly didn't want to understand and duly trotted out the usual rhetoric of only 1 in 5 landlords will be effected as backed up by the OBR and that the govt needed to create a level playing field for first time buyers etc etc.
I'm afraid we are going to have to suffer some degree of carnage in terms of evictions and bankruptcies before the govt will review their policy to exterminate the private landlord. If you have not done so already now is the time to think about restructuring your rental business!... Read More
As I still feel quite angry about it I am minded to take my chances and let them take me through the small claims court after I have sent them another letter refusing to pay along the lines of Mark's comments above.
It is an unfair clause as there appears to be no exit for a seller if they want to go elsewhere. I understand this type of sneaky clause is quite common in estate agency agreements but is invariably invoked.
They have picked on me but I will call their bluff and at least try and frustrate them.
I would advise hooking up a vented dryer hardwired to a coin meter charging £1 for an hour. You'll be providng a valuable facility which the tenants will appreciate and you'll make enough money to pay for a replacement when the dryer finally konks out. Just remember to go round regularly to empty the coin box!... Read More
Contact Angus Ryan
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Property118.com Wednesday 8th February 2012
16:41 PM, 3rd March 2017, About 8 years ago
Hi,
I attended the Taunton meeting yesterday which was well attended. Gavin Barwell presented himself as a nice plausible guy who you could work with. However when asked about Landlord mortgage interest/gearing concerns he sadly didn't want to understand and duly trotted out the usual rhetoric of only 1 in 5 landlords will be effected as backed up by the OBR and that the govt needed to create a level playing field for first time buyers etc etc.
I'm afraid we are going to have to suffer some degree of carnage in terms of evictions and bankruptcies before the govt will review their policy to exterminate the private landlord. If you have not done so already now is the time to think about restructuring your rental business!... Read More
9:29 AM, 6th June 2014, About 11 years ago
Thanks for your input Mark and Vanessa.
As I still feel quite angry about it I am minded to take my chances and let them take me through the small claims court after I have sent them another letter refusing to pay along the lines of Mark's comments above.
It is an unfair clause as there appears to be no exit for a seller if they want to go elsewhere. I understand this type of sneaky clause is quite common in estate agency agreements but is invariably invoked.
They have picked on me but I will call their bluff and at least try and frustrate them.
Thanks again... Read More
8:28 AM, 22nd January 2013, About 12 years ago
I would advise hooking up a vented dryer hardwired to a coin meter charging £1 for an hour. You'll be providng a valuable facility which the tenants will appreciate and you'll make enough money to pay for a replacement when the dryer finally konks out. Just remember to go round regularly to empty the coin box!... Read More