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'consent to let' questions
Comments
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Saying Thank You doesn't cost anything :beer:0
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other then 'giving the hse away' we cannot sell it at a price that would cover what is left on the mortgage....we are not looking to make a profit just to clear the original loan. (don't think that is being unreasonable):o
It's not a question of reasonableness, though, it's a question of market value. A buyer isn't going to want to pay more than he could for a similar place because your mortgage is higher....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Nice house, seems quite good value...0 -
neverdespairgirl wrote: »It's not a question of reasonableness, though, it's a question of market value. A buyer isn't going to want to pay more than he could for a similar place because your mortgage is higher.
yes appreciate that, of course they don't care what we owe or want to do, but looking around i definitely don't think we are over priced.
but we not even getting offers..................even silly ones
Saying Thank You doesn't cost anything :beer:0 -
theartfullodger wrote: »Nice house, seems quite good value...
thank you - everyone who has come to see it says so too.......i just don't understand.
lovely area - lovely neighbours - not overpriced
confused!
Saying Thank You doesn't cost anything :beer:0 -
do not have anyone to look after property for us.
The rent will not cover the mortgage so we cannot afford to loose more and use an agent.
I'm a bit confused by that bit. Do you mean that you won't be using an agent, and you don't have anybody else to look after the property for you?
If that's the case, what will you do when the tenant wants you to fix the leaking taps?0 -
I'm a bit confused by that bit. Do you mean that you won't be using an agent, and you don't have anybody else to look after the property for you?
If that's the case, what will you do when the tenant wants you to fix the leaking taps?
I think you will also find that you have to give a UK address to the tenants.RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
I'm a bit confused by that bit. Do you mean that you won't be using an agent, and you don't have anybody else to look after the property for you?
If that's the case, what will you do when the tenant wants you to fix the leaking taps?MissMoneypenny wrote: »I think you will also find that you have to give a UK address to the tenants.
As indicated by MissMoneypenny (who is almost correct) if you are a non resident LL of a property in England or Wales then you have to have an address within England and Wales (not the UK) at which your T can serve notices. In reality, this means you need an "agent" (not necessarily an estate / letting agent) within the UK. In your case you will need a real letting agent as you are clearly underestimating the difficulties of managing a property from another country. This is impossible.
Either way, in your case your best option is just to sell otherwise the house will keep costing you money every month.0 -
MissMoneypenny wrote: »I think you will also find that you have to give a UK address to the tenants.
from reading here - i think we might have to consider using an agent....but would MUCH rather sell!Saying Thank You doesn't cost anything :beer:0 -
As indicated by MissMoneypenny (who is almost correct) if you are a non resident LL of a property in England or Wales then you have to have an address within England and Wales (not the UK) at which your T can serve notices. In reality, this means you need an "agent" (not necessarily an estate / letting agent) within the UK. In your case you will need a real letting agent as you are clearly underestimating the difficulties of managing a property from another country. This is impossible.
Either way, in your case your best option is just to sell otherwise the house will keep costing you money every month.
thanks N79 - totally agree.
Anyone wanna buy a house!!!Saying Thank You doesn't cost anything :beer:0
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