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laverda

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About laverda

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  1. hi all just about to sign up first tenant since the new deposit rules came into force and am thinkin on what is best route to go the dps custodial or an insurance bassed scheme just thinking how you all have got on with these schemes what is the best option and what experiences any of you have had good or bad .Has any one had to claim o these schemes and any dificulties as some of these schemes by now must hae been repaid. Lavy
  2. Just been informed that my local couincil has changed the rules on couincil tax As soon as a tenant moves out the liability is with the landlord that is from the next day even if property is empty. The old rules used to be propertys were exempt for 6 months if unocupied and unfurnished . Seems a bit unfair as ther is often a few weeks between lets that the landlord is now having to pay council tax for . Has anyone else heard of this, are all councils using these new rules and are there any exeptions
  3. Just wondered how this one turned out any more developments
  4. laverda

    new laws

    Hi I have just read that from August 2008 by law you must have a EPC to rent out a property Any body know what this is as I havent heard of this before ???
  5. In some circumstances you serv a section 21 and the tenant does not move out at the end of it so you get the court baliffs in to evict them.This is the corect way of dealing with this but what if you take rent whilst they are still in residence ie between the section 21 expiry date and the baliffs eviction date does this invalidate the section 21. Most landlords would do this as once they have been removed by baliffs you have little or no chance of getting rent, just wondered on this situation as it could be a loophole so as tenants can stay put if this would invalidate the section 21 notice
  6. still bit unsure which is corect on these replys plus if you accept payments after section 21 has expired does this mean future rent payments only and not any areas owing or any paymnt whatsoever
  7. HI DOES ANYONE KNOW HOW LONG A SECTION 21 NOTICE IS VALID FOR. I SERVED A SECTION 21 NOTICE ON A TENANT ABOUT 12 MONTHS AGO GIVING THE REQUIRED TWO MONTHS NOTICE AS I WAS HAVING PROBLEMS AND RENT AREARS WITH TENANT THINGS THEN IMPROVED SO I DECIDED NOT TO ENFORCE THE SECTION 21 AT THIS TIME . RECENTLY THE PROBLEMS HAVE RETURNED RENT AREARS ANTI SOCIAL BEHAVIOR ETC I HAVE WRITEN CONFIRMATION THAT THE TENANT DID RECIEVE THE SECTION 21 AT THE TIME APPROX 12 MONTHS AGO. QUESTION IS . IS THIS SECTION 21 NOTICE STILL VALID OR DO I NEED TO ISUE A NEW ONE GIVING A FURTHER 2 MONTHS NOTICE
  8. No you are not being unreasonable . Tenant should not sub let and that is the end of it . I know of a man and his wife who are getting their rent paid for by housing benifits as neither work or ever have worked and are sub letting rooms out this has been reported to housing benifits six months ago but nothing has been done about it this makes my blood boil they are breaking all the rules and making a profit at landlords and taxpayers expence. I think this is quite comon and often done behind landlords back I would send a writen warning that they are not allowed to sub let and if it continues they will be evicted for breaking terms of tenancy. How can landlords stop this from hapening ???
  9. I have been informed that my local council will be changing the way housing benifit is paid .They say that from april 2008 all housing benifit payments will be paid direct to claimant and not to landlord. The landlord then has to colect payment from the tenant. I can see this is going to lead to non payment and rent arrears from some housing benifit tenants. some of these tenants will be tempted to spend there housing benifit payments on other things will get into arears and finaly evicted leaving the landlord out of pocket with little chance of recovering rent .In my area there is a shortage of landlords that will accept H.B. tenants . This new payment method will make even more landlords refuse to accept them. I know I wont be taking any on under these rules. I cant see the sense in this as there will be more people on housing benifit that cannot find accomodation. why are they doing this ?. what are your thoughts on this and is this hapening nationwide or just individual councils I would be interested to hear veiws on this
  10. can anyone explain how lettings releif works and capital gains tax releif as i am trying to work out tax due on the sale of a buy to let property as i understand this will be changing from april to a fixed 18 per cent capital gains tax thanks
  11. Hi I would urge caution as if your tenant has taken in lodgers or any one else who is not on tenancy agreement and not been put on the housing benifit claim form this includes any members of his family, and the housing benifit is being paid direct to you . the couincil will look into this and will claim back any money found that the tenant was not entitled to FROM YOU as they paid it direct to you . IE if your tenant is receiving any money from his lodgers if any of them have savings or are working etc . They may treat this as a fraudulent claim and wil demand the money back from you . You then have to take tenant to court for him to settle the rent owed which is very unlikely that they have . this is quite a common situation where tenants sub let. I would make housing benifit go to tenant and then tenant pays you this way any money claimed back is from the tenant and not you as they received the housing benifit. once housing benifits become aware of the circumstances they will stop payments and investigae. If you were aware of this situation and took the housing benifit payments this could be quite serious
  12. with property values slowing, interest rates rising,deposit protection schemes, couincil tax now payable as soon as property becomes empty by landlord. I am feeling that the buy to let investment is now not becoming fesable could posibly earn more with money sat in a bank account with a lot less hastle wot are your oppinions on this is it time to sell up I feel that buy to let has had its day would be interested to hear other peoples veiws on this.
  13. what is the situation if you have to make these repairs can you take from the deposit rent lost whilst theses repairs are being caried out ie if repairs take a week to complete can you take a weeks rent from the deposit as you could not rent out again until repairs had been done
  14. Hi I have a situation where i have a potuguise tenant on housing benifit . I have not seen him for a couple of months now and have just been informed by a neighbour that he has gone back to Portugal. Housing benfit is still being paid for him so his rent is up to date .He has not told me of any intentions to move out. How long before i can claim property back?I am concerned housing benifits may reclaim a overpayment if he does not return Tried to contact him without sucsess. Can I enter property and reclaim it what notice should i serve bearing in mind i dont know where he is and if he wll ever return any sugestions welcomed as i feel this is a waste of taxpayers money paying his housing benifit if he has moved out would like to re let but concerned in case he returns what should i do
  15. Hi i have a tenants on housing benifit from around 9 months ago deposit is held by my self as it was paid before deposit schemes started .Tenancy was ast and has now lapsed over to a periodic tenancy. Question is tenants have now seperated one tenant has left one wishes to stay can i continue with exsisting tenancy agreement with only one of exsisting tenants or can I amend original agreement or do I need to make new agreement with remaining tenant and do i need to put deposit in a scheme. I would like to avoid doing this if possible bear in mind tenant is on Housing benifit and they have been informed of the situation. what do I do with Deposit ???
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