Rental and Sharer Problems.

*miaomiao*

If the advice you receive after someone has seen your daughter's tenancy agreement indicates that the woman has no rights other than as a lodger, then she should be able to tell the woman to leave and she can change the locks (yes, this is possible within tenancy agreements, see further posts in this forum. Simply keep the original lock cyclinder and return this to the lock if your daughter ends the tenancy).

However, you mention that your daughter is looking to buy the property. While I think that's great, she should start to understand her tenancy agreement and housing law now. And perhaps it would be much better for her to live on her own in the property (700 GBP is only alittle above average for a flat occupied by one person, admittedly this has two rooms) and wait a few months longer to buy the house.

Your daughter doesn't have a legal agreement with the current landlord to buy this property now, I'm guessing? (Questions too as to why she is dealing so much with the LA if she intends to buy - you might encourage her to do more direct with the LL.) Until there is some sort of agreement, it could end up either way and I would not want to pay for the bad situation as it is.

See Citizen's Advice or a solicitor now, especially as your daughter plans to go away (btw, can she delay that a few days by changing her tickets, etc?). This problem won't get better by leaving it alone - it costs money and it's stressful.

And whatever is decided between DD & exBF to the rent money situation, they should have this written up even a few sentences. And the LA/LL may need to know. It's harder to be specific without more specific tenancy information.

I know you're doing your best to help your daughter, but she really needs to be doing this homework on housing law and finding out a definite legal answer herself (especially with complicating factors) although I commend you for helping her this far.

*miaomiao*

19lottie82 wrote: »

These calculations are nonsense. @ £21k she would be spending half of her wage on rent, and as you say thats before she has even looked at a bill.....:eek:

Sorry, but when I earned far less (just 12,000) I paid my own rent on a flat for myself of 500 GBP per month. It can be done and to avoid situations like this, it's worth it. Every penny.

Padstow

HappyMJ wrote: »

Is it? £700 a month isn't too bad. She only needs to earn £21,000 a year to be able to afford the rent according to most agency affordability calculations. She won't have any buildings insurance to pay, she won't be paying for the regular replacement of carpets, kitchens, boilers, windows, repainting...etc..etc..

A £120,000 mortgage over 25 years at 5% per year would cost £700 a month. How much is this property worth? Not many properties around here have such a good return on investment.

She wouldn't need more than a £100,000 mortgage I hope. Hard to check as the houses rarely come up for sale, value 125? No records for years on Zoopla.

I thought repayment mortgage would be approx £550pm.

As for overheads, I lived in a similar house and the upkeep was next to nothing.

HappyMJ

19lottie82 wrote: »

These calculations are nonsense. @ £21k she would be spending half of her wage on rent, and as you say thats before she has even looked at a bill.....:eek:

It's considered the minimum income required to rent a place @ £700 a month. It may be half but it also leaves her with £700 a month for bills and that is plenty to be able to afford food and the bills and even save a bit. How much would she be paying on bills? £100 or so on council tax, £100 a month or so on gas/electric, £38 on water, £12 on tv licence? Still leaves £450...another £200 or so on groceries and she will still have £250 a month left over for what?

*miaomiao*

Padstow wrote: »

Hi MJ. She had decent savings until a year ago. Mostly from living in a shared house with four other girls.
She seems to keep ASOS in business but manages to save nonetheless. She works damn hard too, taking all the overtime she can get.
Rug was pulled from beneath me in Jan.'12. She bailed me out, and has kept me going, now I'm selling the family home and repaying her with interest. That will be her deposit.

I suppose she could pay the rent alone, but a mortgage would be cheaper. £700pm is quite steep to live alone. :eek:

Perhaps you might think of moving in with her short term? Your house might sell faster? (Have just seen you complete next month. Great. Do you have somewhere new lined up?)

HappyMJ

Padstow wrote: »

She wouldn't need more than a £100,000 mortgage I hope. Hard to check as the houses rarely come up for sale, value 125? No records for years on Zoopla.

I thought repayment mortgage would be approx £550pm.

As for overheads, I lived in a similar house and the upkeep was next to nothing.

So you are telling me that a house worth £125,000 is being rented out for £8,400 a year.. That's a 6.72% gross return. That's an investors dream property if as you say the overheads are next to nothing.

19lottie82

HappyMJ wrote: »

have £250 a month left over for what?

mobile phone
landline
internet
tv package
clothes
haircuts
entertainment
presents
holidays
emergency fund
contents insurance
gym membership
car

i realise most of these are not essentials, but IMO none are particularly extravagent (apart from maybe the car, if it's not really needed), if you are a proffesional.

I earn more than £21k a year and there is no way I would pay £700 a month rent if I lived alone. My whole time would be spent calculating / budgeting and I would have a very dull / unfruitful life indeed!

Padstow

19lottie82 wrote: »

She would need to clear it with the LA/LL first, but I don't see why not, although ultimately, they will have the final say.

Does the hospital not have a staff notice board where she can advertise the room for rent?

I agree on both counts lottie. She has a good relationship with the LL. She's quiet, pays on time, gets on well with the neighbours.

I too think she should advertise on the staff board, but this is sudden as in this morning and then she'll be away, I have to pack and find somewhere to live myself. Oh why did she go and volunteer abroad now?

One problem is the LL says he may sell later in the year. Wish he'd make it definite.

HappyMJ

19lottie82 wrote: »

i realise most of these are not essentials, but IMO none are particularly extravagent (apart from maybe the car, if it's not really needed), if you are a proffesional.

I earn more than £21k a year and there is no way I would pay £700 a month rent if I lived alone. My whole time would be spent calculating / budgeting and I would have a very dull / unfruitful life indeed!

I don't pay anywhere near that much for all those things and I don't think my life is dull at all.

mobile phone - free (ovivo)
landline - £10 (bt)
internet - £17 (plus.net)
tv package - free (internet tv)
clothes - £20
haircuts - free
entertainment - £50 or whatever is left really
presents - none
holidays - £20
emergency fund - none
contents insurance - none
gym membership - none
car - (public transport £50)

19lottie82

Hi MJ, I appreciate that your budget would suit you, but to a fashion loving girl in their 20's I'm afraid £20 on clothes and cutting your own hair, aint going to do it!


mobile phone - free (ovivo) ok, if this fits in with your useage, but it wouldnt do me
landline - £10 (bt)
internet - £17 (plus.net)
tv package - free (internet tv)
clothes - £20 see above
haircuts - free see above
entertainment - £50 or whatever is left really
presents - most people spend at least a little on presents over a year, at least mum / dad and more if you have a partner
holidays - £20
emergency fund - none really? not wise iMO
contents insurance - none really? not wise iMO
gym membership - none a worthy investment IF you use it
car - (public transport £50)