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moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.
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theartfullodger said:MOST UK adults are on receipt of one benefit or other, growing since covid19.
About 1 million working people get some HB or UC/HE to assist with rent.
Artful: landlord, 72, in receipt of 6 benefits you generous taxpayers you.
Tenant, 35, in receipt of 0 benefits3 -
moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.
They can't force you to spend money - at the end of the day, as with any business if it's no longer profitable you ultimately have the decision in your hands to 'shut up shop' and sell up / pack it in.0 -
ameliarate said:sweetsand said:onwards&upwards said:If you are going to be a landlord reluctantly, please please don’t be one.
OP, if you are not sure, do you have letting agents they are very helpful, good ones that is
Yes, why should you sell up and possibly get next to nothing in interest when atm you may be getting 10% before txes/letting agent fees/insurance etc.
It's nice to see other nice posters that are doing the right thing where they are not sure as renting can be a minefield with some not so good T's trying it on with LL's that a nice, honest letting agent is worth their money.
Some letting agents appear cheap but when things go wrong that is when it counts
One agent we used to use, it was in the small print but we did not read it - as the repalcement built in oven cost more than 400 quid they charged an extra 10% for "overseeing the works."
The one we use now and had in the past, down to earht lady as far as agents go she is ok - she taught us a lot re insurance etc - and has in our proerties so far got us decnet people we do not even meet up with them. We worked hard for our home, retals, etc and are giving someone a nice, clean home to live in a slightly below averge rentals and as all of them are ok, we;ve not raised rents for two years.
Thank you for your honest post and rember, it is not just the income you are getting house prices do go up and you are giving someone a nice place to stay in
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Comms69 said:moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.2
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Comms69 said:moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.0
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moneysavinghero said:Comms69 said:moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.2
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mattyprice4004 said:moneysavinghero said:Comms69 said:moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.1
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mattyprice4004 said:moneysavinghero said:Comms69 said:moneysavinghero said:Mattyprice4004 said:Just hand them a section 21 without being specific - and if questioned, say you want to move back into the property.
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Rightly so and the only thing that is helpful to LL's is section 21 notice. Everything else appears to be in the T's favour. For sure you get bad T's as well as LL's and then the good ones. Poor LL's need taking to court but so do T's that don't pay the rent, poss sub let and pocket the money and trash the property costing the LL's thousands inc legal fees and having to wait months at times to get them evicted.
On the whole most LL's have worked hard to get a rental poss as a pension etc or help their kids, costs etc.
If you think a most LL's are bad, watch 'cant pay on't pay' the evictions that take place where LL's have lost thousands and some may lose their home as well becuse of bad T's - it is shocking and the properties on the whole are left worse than pig styes.
FYI - we rent out, our money we worked hard, we get working people in, no pets, smoking etc and max depsoits and full checks and we reward t's with a lovely property in a nice area and often we do not raise rents and property looked after by our letting agents that we pay a lot of money to and we pay extra tax and our T's get a nice home.0
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