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In agony over selling or sticking with sole BTL

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Yes Osbo did what had to be done as far as levelling the playing field a bit between FTB and BTL as I understand it, maybe that helped some way towards BJ`s recent victory? If you want to keep it why not just get the tenant to stay, or is he/she too untidy?
  • Update: it has been listed a week and had several viewings. It is on for 3.5 k less than I would like, then there are the 6k agent fees.

    I am now recovering from a knackering past week cleaning round the tenant and getting passable photos done. Tenant has found a new place and will go within 30 days. It is a worry having to get a new tenant if I cannot sell, but the mess factor was pretty worrying and we found some pretty disturbing stuff in the property which means that I now know I was bang on to serve the s21 and get either a sale or a new tenant. But things are not budging fast enough for April 6th and the tax deadline for me. Rents seem better and on the rise. Have to wait and see.
    " I refuse to allow the banker to be the only one who laughs!":beer:
  • lees80
    lees80 Posts: 160 Forumite
    100 Posts First Anniversary
    You'd be better off selling. And not being a landlord.
  • Skiddaw1
    Skiddaw1 Posts: 2,299 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    All sounds promising mrsmumbles. Definitely the right decision I think. Fingers crossed for a buyer very soon.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    mrsmumbles wrote: »
    Update: it has been listed a week and had several viewings. It is on for 3.5 k less than I would like, then there are the 6k agent fees.

    I am now recovering from a knackering past week cleaning round the tenant and getting passable photos done. Tenant has found a new place and will go within 30 days. It is a worry having to get a new tenant if I cannot sell, but the mess factor was pretty worrying and we found some pretty disturbing stuff in the property which means that I now know I was bang on to serve the s21 and get either a sale or a new tenant. But things are not budging fast enough for April 6th and the tax deadline for me. Rents seem better and on the rise. Have to wait and see.

    Can you elaborate without being too specific?
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