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RENTING? Check your LL has permission to let that property.

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  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If LLs were all registered, it'd be a simple case of having a certificate displayed in the property being rented.
  • franklee
    franklee Posts: 3,867 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    If LLs were all registered, it'd be a simple case of having a certificate displayed in the property being rented.
    The mind boggles at how little a tenant is allowed to know about the landlord and yet the tenant is relying upon the landlord in so many ways, for repairs, for a roof, to use the rent to pay the mortgage, to behave in a business like way.

    Yet in these times of recession there are many reluctant landlords who have no clue what they are doing and hardly a penny spare for repairs or to cover voids. This means a tenant can so easily walk into a landlord on the verge of repossession.

    Gordon Brown has bent over backwards to help struggling homeowners stave off repossession but has hardly noticed the plight of tenants.

    It seems even getting a simple letter from the lender to the landlord confirming consent to let that the landlord can show the tenant is asking too much! Registration would be like asking for the moon on a stick :(
  • silvercar
    silvercar Posts: 49,504 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    franklee wrote: »
    But why ask the lender for a form? What's wrong with a letter in headed paper from the lender saying Dear silvercar I can confirm that as of X date you have consent to let 1 Arcadia Avenue? If you write and ask them for a simple letter I am sure they would comply. It really doesn't need to be a form. If the letter came back with an account number on it you could always black or cut that tiny bit out.

    That is what I asked for, the answer came back that they don't provide this service!
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • silvercar
    silvercar Posts: 49,504 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    If LLs were all registered, it'd be a simple case of having a certificate displayed in the property being rented.

    I'm sure tenants don't want certificates on the wall!

    Doesn't help when landlord remortgages to a different lender or worse takes a second secured loan on the property.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • socrates
    socrates Posts: 2,889 Forumite
    I think this thread needs to be brought to a sensible conclusion - whilst I respect a tenants rights to proper notice to vacate a property should there be some kind of eviction due to repossession.

    The legislation does NOT exist nor is it standard practise for a lender to issue or even have a standard letter to prove that a landlord has consent to let.

    Land Registry proves nothing about consent to let full stop.

    "It's goodnight from him - and its goodnight from me"
  • carolt
    carolt Posts: 8,531 Forumite
    silvercar wrote: »
    I'm sure tenants don't want certificates on the wall!

    Doesn't help when landlord remortgages to a different lender or worse takes a second secured loan on the property.

    Wrong.

    This tenant - and I would imagine most - would welcome a landlord registration scheme and certificate.

    Let's face it - would we rather have an unprofessional landlord or a professional one? One who'd thought about their responsibilities as a landlord in advance, or one who'd just stumbled into it in desperation, with no knowledge of what was involved, just a desperate need to cover next month's morgage bill?

    Um....I wonder.
  • silvercar
    silvercar Posts: 49,504 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    The government then needs to introduce a requirement for lenders to provide the information necessary.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • franklee
    franklee Posts: 3,867 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    silvercar wrote: »
    That is what I asked for, the answer came back that they don't provide this service!
    Maybe if you put in a written request rather than taking to some phone drone who probably doesn't know what they are talking about.

    Otherwise if you have no proof of consent to let from the lender how do you even know you have it never mind the tenant? A golden rule of business is to get important things confirmed in writing.

    Also it would mean that advice like this:

    http://www.themovechannel.com/guides/Letting/Lettings_agents/Contract_with_letting_agent/

    "Providing a copy of mortgage lender's consent to let the property." (And many agents write the same if you google). Would be like asking for rocking horse poo.

    But if the lender really won't play ball then you could put it it writing to the tenant yourself with permission from yourself that the tenant can send your letter on to the lender. If you agreed to that I'd take it was reassurance that you think you had consent.
  • franklee
    franklee Posts: 3,867 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Even mortgage advisers ask for this "rocking horse poo":

    http://www.landlordzone.co.uk/forums/showthread.php?p=85583

    "The mortgage advisor from the Abbey (where my own mortgage is) requires us to prove consent to let, and also proof of tenancy, in order that I can prove an income."

    Funny how so many are asking for something that's allegedly unobtainable.
  • socrates
    socrates Posts: 2,889 Forumite
    franklee wrote: »

    But if the lender really won't play ball then you could put it it writing to the tenant yourself with permission from yourself that the tenant can send your letter on to the lender. If you agreed to that I'd take it was reassurance that you think you had consent.

    "Franklee" speaking this is such a round about way of doing things - that I would rather have another tenant.

    I would never give a letter to any tenant to authorise them to do anything with my mortgage company or anything else!

    I cannot believe any LL would!

    Oh maybe perhaps Miss Money Penny would and probably you Franklee!
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