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TDS - renting a room in a landlord's house
I friend of mine is having some trouble with her landlord (she rents a room in his house). She's moving out and they are claiming that she damaged the paint in the hallway (which was repainted a few months ago). There are tiny pencil-line size scratches. I haven't seen them, but it sounds like the LL could easily not have…
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How do I calculate Late Payment Interest (10% above base rate per day)
Hi, On the property Assured Shorthold Tenancy Agreement signed by both parties it states that: to pay interest upon any late rental payments at 10% above base rate per day for any amounts that are more than seven days late, whether requested or not. But how do I calculate this per day? The rent in question is £500. If the…
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Damage deposits
Hi everyone Read the boards a lot and never really post but I hope someone can offer a little advice. I have lived in my current property for 4 years and have just given my LL 6 weeks notice to move out as I need to be closer to my work (currently 3 hours commuting a day). He sent me a text thanking me for being a superb…
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Freeholder wants to charge £700 to allow us to put in double glazing-is this allowed?
Hi, We are leaseholders of a maisonette. Before we moved in there was double glazing in one bedroom. We now want to put double glazing in the other rooms. I wrote to the freeholder (a company) advising that we wanted to do this. They wrote back saying that under the terms of the lease they require us to enter into a…
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Moving from rental to own home
Hey All, I am first time buyer, currently renting, but looking to buy a house. Would anyone be able to tell me where to find a good guide to home buying process . I have a 2 months contract at my current rental. Whats the last possible moment I can give notice at my current place? Would it be a realistic possibility to…
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Tenant has broken TA- moved out and owes rent and keys!
I wanted to get some advice on an issue with my tenant. The tenant signed up to a 12 month contract in February 09, paid the first months rent and the deposit no problem. Since then the rent has not been paid on time, and I am still owed for part of May's rent and all of June's. Every month I have to call the tenant to…
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First time seller - any tips?
I'm selling my flat - have people to show round next week. I'll be shifting some unneeded things into storage before then - to make it look uncluttered - giving it a good clean (of course), and making sure things are tidy and laid out nicely. Obviously, I'll be polite to the potential buyers, and emphasise the positives…
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Any chance of us getting a mortgage?
Hi, My partner and I currently live in a rennted house and we are thinking about buying. Firstly we are unsure about if now is a good time, but with the mortgage rate so low and the prices having come down we thought it might be? The thing we are worried about is getting a mortgage, my partner is employed full time but I…
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Help tenant being awkward paying
Hi wonder if anyone can help me? I have had a tenant in my house for just over 6 months, we havent renewed contracts just rolling month on at mo. this reason is because we had an issue a few months ago whereby it took 2 weeks to get the rent and then she could only give part of it. We had so many excuses and didnt know…
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who would make a suitable guarantor
we have applyed for a house, the landlord runs a housing company that owns half the houses in the village my husband grew up in so we are well known there. they let their houses through howkins and harrison. we have viewed the house and put in for the credit checks which we know we have both got a bad credit history and…
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what to offer on a new build?
We have sold our house, although it is still in the early stages but there doesn't seem to be any problems (touch wood!). We are now looking for a 3 bedroom home and there is a development of new homes from Barwick Developments near to where my family lives that I have viewed today. The development started about 2.5 years…
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Land Registry / HIP - What does this mean?
Hi guys, I need your help, I've found a property that I'm considering making an offer for. I've been sent the HIP but having never done this before I'm a little confused. The details from the Land Registry shows: Title absolute 1 <date> PROPRIETOR: <name> of <address>. 2 <date> The price, other than rents, stated to have…
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Now, or in 9 months time?
My partner and I are getting married next July. We want a house (FTB) a month or two before we get married, so the latest we want to get one is around April/May of next year. We’ve seen loads of houses, none of them quite fit the bill yet, but we’re seeing one on Wednesday that looks great. We could get it for £250k and…
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Sack Letting Agent. Manage property myself!
I have a BTL property which i let out to a nice family and a letting agent manages it for me. The family are 10 months into a 12 months contract. I have a good relationship with the family and they have told me they want to stay for a further year. I have told the LA that i would like to manage the property myself when the…
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Renting in Glasgow websites
Hi, Can anyone recommend some good websites for renting privately in Glasgow other than Glasgow Gumtree? They all seem to be through agencies. Thanks ;)
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Berkeley Homes:can't complete due to low valuation?
If you are struggling to complete the purchase of a property from Berkeley Homes due to low mortgage valuations, you have probably found that Berkeley Homes completely ignore your concerns and are threatening to keep your deposit and sue you for the rest. You're not alone. You may find it helpful to join the Berkeley Homes…
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Rent to Rent?
I know that there are tax implications etc with BTL, I wonder though if anyone has any advice/suggestions/knowledge they could pass on re 'rent to rent' as this is what I am considering. I couldn't possibly afford to buy the type of house I would like to rent, but would like to move from the property I currently own.…
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Put a final offer in and been rejected.... how long should i wait?
Hi Guys, Been dealing with persimmon homes on a new build. We are p /x with them they have offered us 4k less than we would accept for our house ( This will be used to pay legal fee's, stamp duty etc etc) They have reduced there price by around 15k but ideally i need another 5k off to make it a do able deal. I have made a…
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Re-running searches that are in the HIP?
Hi, Quick question. We are in the process of purchasing a property. It has a HIP, and this shows no issues whatsoever in any of the searches. The HIP is 4 months old. We definitely want to rerun the local search part again, as this is the one which include planning permission etc. The rest though, we're happy enough with…
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Need advice for quick sale please!!
Hi - I recently had a thread about a repo I was buying and now we have exchanged contracts I am getting very worried about the fact that we still havent had any interest in our existing property and paying the 2 mortgages will be a struggle!! The house was on the market for 12mths last year without a single viewing for…