raising a large bond....

Insomniac666

Fire_Fox wrote: »

:wall::wall::wall::wall::wall::wall:

Obv I've missed your point then?

I've never rented before so I assumed if the house looks as it was prior to when I moved in.. apart from the carpet being a little flatter now... there would be no reason for bonds to be withheld?

Fire_Fox

Insomniac666 wrote: »

not really part of my thread but interesting you say that he will want a paper trail and cash is not, why do some letting agencies request cash payments? I know they give a reciept but a tenant could sign off receipt from a LL etc..? just wondering..

Paying in cash is only of benefit to the recipient, as they get real money and fast: all the risk is on the part of the person shelling out the cash. In one of your scenarios, the tenant is taking the risk in the other the landlord is taking the risk. The tenant has to take the risk as otherwise he will not be allowed the keys to the rental property, the landlord does not have to take the risk as it's legal for him to pay by cheque or bank transfer. Reputable letting agencies won't usually insist on cash, they will ask for cleared funds.

mlz1413

Ask your LL/LA around for an inspection before you leave - discuss the picture holes and blinds, have a copy of the original inventory to hand and check each item.

Then follow the visit up with a letter saying 'to confirm points discussed on xx/xx date inspection'.

This will give you the best chance of your deposit back, deposit scheme should have been advised to you within 14 days if you don't have a letter ask for a copy to be brought to inspection visit.

It maybe worth putting a wanted advert in your local paper for the type of house you want.

PasturesNew

As I read it:
- you are a couple, but want a 4-bed house
- daughter's gone to Uni, so if she's the only one then you need a 2-bed house
- you're already in arrears
- you've had a house repossessed in the recent past
- you have 3 dogs (an unnecessary expense)
- you have Sky (a luxury)
- you rented a new house, which tend to be pricier than renting an older one

And now you're looking for a bond.#

I notice also you live in the Cardiff area, which is quite a cheap place to rent usually.

It sounds like you're trying to live the lifestyle you want, not the one you can afford.

If you look for a 2-bed house, drop the Sky, rent an older place, then you'll be able to accumulate the essential rainy day savings for next time.

I don't know how much your current rent is, but 2 beds start at about £525/month on Rightmove, 4 beds start at £700. Factor in the additional council tax and you could be saving yourself £2,500 in one year just from downsizing. Chuck out Sky and, package depending, that's another £500-£1000 added into the pot.

BitterAndTwisted

They've got three dogs PN so presumably each has it own bedroom. Seems only right to me

Catblue

Got to agree with PasturesNew here.

You should go for the smallest house that you possibly can (of course this will also cut down on your bills and council tax if you do this). If you truly cannot bear to let the dogs go then fine but this means that every other single luxury has to go instead. Sky, internet, takeaways, mobile phones, beer, fags - the lot.

And also you say that you are considering leaving the landlord all the curtain poles and curtains? How can you afford to just give away stuff like that?

Sell them - generate some money. Sell the pictures as well so that they don't end up costing you money in lost deposit again.

DVardysShadow

Insomniac666 wrote: »

you wont get outraged from me for havign an opinion, thats why i'm here, well for help advice rather than finger waging but you know what I mean.

I had mentioned earlier that the LL had given me indication he didn't want to rent after our lease ended before any arrears. He feels the market has improved enough to put the property back on sale, though the letting agency/estate agents were unaware, when we spoke to them and thought he was making a mistake but it's his decision.

I'm not sure what you mean about the dogs? I've had the oldest for 8 years so if you're suggesting, losing them... not an option.

You are very ... laid back. It just oozes out of you. I would say that the LL could have picked up on it and made his decision. While being so laid back is a positive asset in dealing with posters such as myself, it might not help you as a tenant?

Insomniac666

PasturesNew wrote: »

As I read it:
- you are a couple, but want a 4-bed house
- daughter's gone to Uni, so if she's the only one then you need a 2-bed house
- you're already in arrears
- you've had a house repossessed in the recent past
- you have 3 dogs (an unnecessary expense)
- you have Sky (a luxury)
- you rented a new house, which tend to be pricier than renting an older one

And now you're looking for a bond.#

I notice also you live in the Cardiff area, which is quite a cheap place to rent usually.

It sounds like you're trying to live the lifestyle you want, not the one you can afford.

If you look for a 2-bed house, drop the Sky, rent an older place, then you'll be able to accumulate the essential rainy day savings for next time.

I don't know how much your current rent is, but 2 beds start at about £525/month on Rightmove, 4 beds start at £700. Factor in the additional council tax and you could be saving yourself £2,500 in one year just from downsizing. Chuck out Sky and, package depending, that's another £500-£1000 added into the pot.

One daughter in Uni, other daughter and son living at home. The rent for this property is the same as the property we're currently looking at. Sky as can't get ay TV signal where I'm at. None of us smoke, hardly ever drink, wife works shifts so most weekends she's working anyway and I rarely drink at home esp on my own.
the diff is this new letting agencies charging structure is different to the one we were with. not looking for a whole bond but might need help with raising thisone because of the timing and because they ask additional for pets basically it's an akward wondow we're in.. if notice finished a few days later...

Also if you were dog owner you wouldn't call them an unnecessary expense.

Insomniac666

Catblue wrote: »

Got to agree with PasturesNew here.

You should go for the smallest house that you possibly can (of course this will also cut down on your bills and council tax if you do this). If you truly cannot bear to let the dogs go then fine but this means that every other single luxury has to go instead. Sky, internet, takeaways, mobile phones, beer, fags - the lot.

And also you say that you are considering leaving the landlord all the curtain poles and curtains? How can you afford to just give away stuff like that?

Sell them - generate some money. Sell the pictures as well so that they don't end up costing you money in lost deposit again.

Don't think people wopuld want pictures of my family?
on PAYG not contract, as someones picked up earlier, we've been through the wars slightly and have/are cutting back on everything and paying off debts.. once everything settles... not going to be issues.

Insomniac666

BitterAndTwisted wrote: »

They've got three dogs PN so presumably each has it own bedroom. Seems only right to me

thanks for the constructive comment :money: