We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Becoming a Landlord.
Comments
-
marliepanda wrote: »(and also being furious their tenants have used up some unoccupied discount! But that's another story haha)
Ah yes, the number of conversations I've had along those lines over the years.
CraigI no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
tractortiger wrote: »I bought my home, moved into my boyfriends house and am going to rent mine out - at present fixing it up and painting magnolia. I am still paying water, council tax and electric bills. I have contacted an estate agent to handle the first part of the tenancy. Do I let any of these know I am not living there?
I want to do everything right. I am clueless and need help where to go next. I need landlord insurance - which is the best place? Do I get this before I get a tenant?
what else do I need to do
Make sure you are aware of the impact of Leeds CC v Broadley on tenancies. http://lgfa92.co.uk/liability-tenants-vacation-court-appeal-hearing/
CraigI no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
As it is your first time renting a property out, I would have a full management service from a reputable letting agent at first. A good one will be able to advise you on legalities and all of the things you must comply with. You would be looking at about 10% to them from your rental income but should be able to negotiate it down to around 8%.
Also , it would be a good idea to have Rent Protection insurance and to get this your tenant will have to be properly credit referenced. This not only will cover your rent if a tenant fails to pay but can cover the legal costs of eviction through non payment of rent.
Also , have a look at the website Property Tribes. There is a lot of good information there.
Good luck.0 -
Make sure you are aware of the impact of Leeds CC v Broadley on tenancies. http://lgfa92.co.uk/liability-tenants-vacation-court-appeal-hearing/
Craig
why?
there's nothing of interest to LLs here
this was just an LA trying, and failing, to move CT liability to someone who's easier to find (the LL) instead of a disappearing tenant.0 -
tim123456789 wrote: »why?
there's nothing of interest to LLs here
this was just an LA trying, and failing, to move CT liability to someone who's easier to find (the LL) instead of a disappearing tenant.
It is of interest to landlords (as the RLA's interets in the would show) - both to ensure that local authorities ensure councils are attributing liability correctly (especially for new landlords) and as a point that the case is now heading for a further appeal at the supreme court.
The fact that it is how local authorities should always have been doing things has (and continues) to escape many of them when they're attributing liability.
CraigI no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
It is of interest to landlords (as the RLA's interets in the would show) - both to ensure that local authorities ensure councils are attributing liability correctly (especially for new landlords) and as a point that the case is now heading for a further appeal at the supreme court.
It's only of interest to LLs in as far as it was what they were all already doing (and have been for 20 plus years)
Is it really going to the supreme court
does the council not learn from 3 straight losses?
tim0 -
From a Tennant's point of view I would say be prepared to pay to fix stuff when it goes wrong. You could be lucky but in just one year we had a broken oven, shower, and 2 toilet problems. Also need gas safety check.
Also think about the emotional side. Will you be OK about someone living in your home and if you want the place back and have to ask them to leave. I say this as our LL rented us her place in similar circumstances and it wasn't the best experience for either side.0 -
tim123456789 wrote: »It's only of interest to LLs in as far as it was what they were all already doing (and have been for 20 plus years)
Is it really going to the supreme court
does the council not learn from 3 straight losses?
tim
In a discussion elsewhere I heard from a solicitor involved in the court of appeal case that Leeds have prepared the appeal for submission - they've see, not to have learnt from the first three losses and are more than happy to use tax-payers money.
It is correct in that Leeds (and other local authorities) should have been following the legislation, which is the same now as it was in 1993, however it's not uncommon for local authorities to be ignorant of it (or ignore it) - I used to see it often at the local authority I worked for and I am aware of it happening elsewhere.
CraigI no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards