Rents rising again....

DpchMd

ilovecheese wrote: »

Our LL tried to increase our rent from £770 to £810, she eventually agreed £795

We viewed a house on Saturday, and we have taken it.

Current house - 1 double bedroom, 1 small room not big enough for a single bed - cesspool and oil heating.

New house - 2 double bedrooms, 1 single, new doors, windows, kitchen, bathroom, re-decorated throughout.

To cover bills for current house £1230 per month - cover bills for new house £1300.

Plus I can walk to work from new house!

We would have stayed for many years in current house, but the rent increase made us look at what else we could get for our money.

We have been in current property for a year - we re-decorated, sorted out the gardens, and done simple maintenance and repair, we have paid £10,100 in rent and our landlord has paid out £258.00 for a boiler repair, she has had no other costs from us.

She is beeing greedy!! And I hope her new tenants cause her nothing but a huge headache!!

A 3% increase seems pretty reasonable to me.

I'm sure she'll get more elsewhere.

ess0two

ilovecheese wrote: »

Our LL tried to increase our rent from £770 to £810, she eventually agreed £795

We viewed a house on Saturday, and we have taken it.

Current house - 1 double bedroom, 1 small room not big enough for a single bed - cesspool and oil heating.

New house - 2 double bedrooms, 1 single, new doors, windows, kitchen, bathroom, re-decorated throughout.

To cover bills for current house £1230 per month - cover bills for new house £1300.

Plus I can walk to work from new house!

We would have stayed for many years in current house, but the rent increase made us look at what else we could get for our money.

We have been in current property for a year - we re-decorated, sorted out the gardens, and done simple maintenance and repair, we have paid £10,100 in rent and our landlord has paid out £258.00 for a boiler repair, she has had no other costs from us.

She is beeing greedy!! And I hope her new tenants cause her nothing but a huge headache!!

Whats being greedy?

ilovecheese

She will probably put it up for £825 and not tell the incoming tenants there is a shared cesspool (cost from £65 - £100 a month) until they are ready to sign on the dotted line.

Yes 3% is not much, but she is getting back a re-decorated house (was in bad condition and badly painted) two landscaped gardens (again in bad condition when we moved in) I estimate that we have saved her over £1,500 by improving the property ourselves (yes, I do know this was my choice!!)

So anyway, we move out and she pays letting agent to find a new tenant - this will be more than the cost of the rent increase over a 12 month period - what was the point in increasing the rent???

I hope the next tenant pays late - or never - refuses to pay for share of cesspool, and bugs her night and day over repairs.

Are good tenants worth less profit?????

DpchMd

ilovecheese wrote: »

I hope the next tenant pays late - or never - refuses to pay for share of cesspool, and bugs her night and day over repairs.

You want her to suffer because you were offended by a 3% rent increase?

I thought the landlords were meant to be the monsters, not the tenants.

RenovationMan

ilovecheese wrote: »

She will probably put it up for £825 and not tell the incoming tenants there is a shared cesspool (cost from £65 - £100 a month) until they are ready to sign on the dotted line.

Yes 3% is not much, but she is getting back a re-decorated house (was in bad condition and badly painted) two landscaped gardens (again in bad condition when we moved in) I estimate that we have saved her over £1,500 by improving the property ourselves (yes, I do know this was my choice!!)

So anyway, we move out and she pays letting agent to find a new tenant - this will be more than the cost of the rent increase over a 12 month period - what was the point in increasing the rent???

I hope the next tenant pays late - or never - refuses to pay for share of cesspool, and bugs her night and day over repairs.

Are good tenants worth less profit?????

Two questions... What's a 'cesspool' and when was your last rent rise prior to this one?

DpchMd

RenovationMan wrote: »

Two questions... What's a 'cesspool' and when was your last rent rise prior to this one?

Cesspool
A Cesspool is a term used to describe a collection of female acquaintances to be shared as a common resource among a group of guy friends.

To be eligible to be added to the Cesspool, the female in question has to be of a decent standard, and should not be the love interest of anyone in the group.

The main purpose of adding females into the cesspool is to always have a group of female friends ready to be called upon by the group for any activities such as clubbing, drinking or even unadulterated sexual debauchery.

A: I just met a couple of cool girls over the weekend.
B: That's great, just add them to the cesspool and we can hang out this weekend!

Source: Urban Dictionary

chucky

Percy1983 wrote: »

but in buying a btl you are causing the demand for your 'business' essentially backing your tenants into a corner. Its a shame you really can't see that.

How? Is there only one property to rent at one moment in time and they have no choices.

ilovecheese

Hi Renovation Man

We moved in 12 months ago, so this is the first rent increase.

Due to the location of the property it shares a cesspool with 2 other cottages, all our waste water (sink, shower, washing machine etc..) goes in the cesspool and it costs £600.00 each time it is emptied - this £600.00 is split between the 3 houses, and on average it needs to by emptied every 10-14 weeks.

chucky

DpchMd wrote: »

A 3% increase seems pretty reasonable to me.

I'm sure she'll get more elsewhere.

That's less than inflation, quite reasonable really.

I'm not sure what a tenant would expect.

RenovationMan

ilovecheese wrote: »

Hi Renovation Man

We moved in 12 months ago, so this is the first rent increase.

Due to the location of the property it shares a cesspool with 2 other cottages, all our waste water (sink, shower, washing machine etc..) goes in the cesspool and it costs £600.00 each time it is emptied - this £600.00 is split between the 3 houses, and on average it needs to by emptied every 10-14 weeks.

All the cottages near me empty into a shared cess pit but they only empty it once a year. Seems a bit OTT to average every 12 weeks, but perhaps its a different design. The one the cottages use has a tank for solids and the liquids go into a second chamber full of gravel for bacteria to work on. Its on my land so I watched the maintenance guys give it a full overhaul, it was like an underground bunker.