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Section 21
We signed our new tenancy agreement on saturday, paid rent and deposit etc but we also had to sign a section 21 form We are provisionally only going to be there 6 months anyway and the letting agent said there wouldnt be a problem with us going onto periodic or even getting a new contract at the end but he also said when…
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Beginners guide to gazumping
Forget the morals of the situation for a moment.... We are after all talking about getting the best price for the seller if nothing else. Can you tell me, please... Buyer X is interested in a property.(has not made any offer but has shown interest). 'X' discovers one morning that it has sold, is really annoyed. What is the…
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FTB - what to knock off asking price
Apologies if this has been asked before but I'd like some advice if possible. We want to make an offer this week on a 3-bed semi on at £144,950. It has been on the market since May 2008 and has been vacant for a month. It was originally on at £164,950, the average price of houses on the street at that time. Now, this isn't…
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Does my extension meet building regs?
Good morning Just had a bit of a sleepless night as it dawned on me late last night that the ground floor extension on the house we bought a few months ago may not meet building regs. During enquiries with the council (before completion) regarding planning permission for the extension they advised that there had been an…
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Control but not own
I am looking for some intelligent ideas please. I am in a situation where I have cash to buy a property soon, to rent out. Id rather not go into the reasons, but I would like to find a way to control it but not own it. So not have it in my name but still get the income from it and of course pay all the relevant tax. Lots…
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Parking
I don't know if I am posting this in the right area, but I am at my wits end and need some advice. My husband is visually impaired and we live in housing specially built for blind and visually impaired people. It is a large complex and houses approximately 60 people. I myself am fully sighted. The complex has 2 car parks -…
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Electrical checks
Do landlords need to do an electrical safety check and a PAT test? If so, how often do these need to be carried out?
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RENT CURRENT PROPERTY AND PURCHASE ANOTHER?Advice please
I have a £94,000 tracker mortgage on my home which is worth about £290,000. I would like to buy another property for £200,000 to be used as the family home. I would like to rent out the house worth about £290,000. Does any one have any advice or has done a similar thing , Does anyone have advice on the best way to finance…
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Woman spots her rented flat being destroyed on Facebook
Daily Telegraph Monday 13 April 2009 http://www.telegraph.co.uk/property/propertynews/5148366/Woman-spots-her-rented-flat-being-destroyed-on-Facebook.html The utilities were in Miss Lorimer's name so - as the tenants did a runner - she was also left with a £670 bill for gas and electricity, several other unpaid bills and…
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How to find out if landlord has a BTL mortgage?
Hi all, Recently moved flats about 1 month ago and getting a little too much mail arriving for landlord for my liking (he lived in property 4-5 years ago). Am getting a tad worried about the whole repossession thing i'vet seen on tv. I dont think he's in arrears atm etc but he could be in 6 months the ways the economy is…
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Clarification on ending contract.
Hi everyone. I would appreciate some clarification on the steps I should take to end my contract at my student house. We moved in 17/09/08. The contract is for 12 months but with 6 motnhs break clause. The rental agreement was 6months upfront and then monthly from month 4 onwards (i.e. landlord always has 2 months in…
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Persimmon Part Exchange
Hi I am considering a home part exchange scheme via Persimmmon and am after some advice on their valuation method. Do they offer a fair deal? Or do they offer valuations somewhat under the current market value? Any advice greatly appreciated as I am relying upon their valuatioin being reasonable in order to raise enough…
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Electricity Mistake
I’ve moved into a great flat I was given the reading of the flat and the name of the supplier. I’ve been notified by the letting agent that the meter didn’t have a serial number but the plot number of the flat so a mistake has been made. The developers did not change the ownership of the meter to the landlord. The flat has…
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Barn Conversion 2500Sqft
HI Has anyone had any experience of converting a barn and could give me a rough idea of what a budget should be for a conversion. Its 2500 Square Foot, will be 4 bed. Living Room, Large Windows into the Garden, Kitchen Large and Dining room. Any help would be much appreciated. Thanks
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Tennancy Deposit Dispute
Hi I received an email from my letting agent saying that they wanted: £150 for cleaning £50 to clean the oven £10 new iron £10 new lamp shade £100for a new bed We left the flat immaculately and we know that the landlord is having financial difficulties and is just generally money grabbing. We have been great tenants have…
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House owner looking to rent out their property, please advise
A few points 1- Do I need to advise my mortgage lendor, is this likely to be a problem/ increase costs? 2- Do I need to advise my house insurance company, is this likely to be a problem/ increase my premiuim? 3- Gas certificates, who do I obtain them from, expensive? 4- Same for electrical equipment do I need each PAT…
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do we negotiate a rent decrease?
I have been happily living in my privately rented house for nearly two years. Last year the Landlady decided to remove the estate agent from the equation and all queries etc go straight to her, (with our permission). This was purely for her benefit, she said saving her £1200 a year. The rent for us stayed the same. We are…
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West London - Perivale?
Hi all, Myself and my boyfriend are looking to buy a place in the next year or so, and are looking for inspiration on locations. We currently live near Chiswick and so cannot afford to buy there, but have been looking nearby in Brentford which is more affordable (but too noisy from the planes) and have now ventured out to…
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Nightmare landlord & estate agents!
Hi all, I have moved in to this flat with my girlfriend nearly 1 year ago, and we really are so sick of it we're considering moving. Before we think about this I wanted to go over some things with you guys and get some opinions about what actions I should be taking! 1. Lights (including safety lights which are a legal…
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Landlord entered in the house without notice
the lease said he should give us 24 hours notice. we only found out he was in the house because some small stuff have been moved away from original places. disgusted with landlord doing this. could we do anything to stop it happening again. more info on our current situation. lease has expired end of last month, landlord…