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geek84

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About geek84

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  1. Good Morning Folks Many thanks for your responses. I've got the problem sorted now - there was a leak in a pipe based in the bathroom downstairs. A local plumber came round and sorted out the problem. Once again, thanks for your responses.
  2. Good Morning Folks I hope you're well. I have found that the carpet on my kitchen floor has has got wet patches in around 3 places. I have checked the walls and ceiling of the kitchen, including the rest of the house, and there doesn't seem to be water anywhere else. I presume that means there is a pipe leak from under the ground? If so, would that be covered by my home insurance policy? Has anybody else come across that problem before? What's the best way to resolve this? Thanks in advance for your responses.
  3. Good Morning folks I am thinking of going to a property auction in order to secure the purchase of a property that I am interested in. It will be my very first time, so I’m not sure what to expect. Would someone be kind enough to explain the process to me? I presume I am allowed to view the property before the auction goes ahead? Presumably, at the auction, you just shout out the next highest figure that you are prepared to pay until you hear the words going, going, gone!! Any advice would be greatly appreciated.
  4. Good Morning Folks I am thinking of purchasing a property which is on for sale, in the hope of letting it out to tenants. I am thinking of putting in an offer which would be below the asking price. Could someone please be kind enough to give me advice on the following questions: How can I be sure that the estate agent has passed on the offer figure to the owner of the property? How would I know that the owner has really accepted/rejected my offer? The estate agent could just say the owner has rejected the offer in the hope that I increase my offer figure? How can I find out what
  5. The reason why he says he wants to pay rent upfront is because he says he desperately wants to keep this property - it is a new build. Plus, he says since he has an internet line, a cousin of his would pop in one or twice a week to use it and collect any post. He says he will pay rent upfront up until end of January 2014. His brother would then start living there until then tenant return to the UK in August 2014. This is my first BTL and the tenant does sound genuine. But reading some of the repliers I have received here, has got me thinking whether or not the tenant is giving me a l
  6. No, not really. But it is approaching Xmas time, and tenants are usually reluctant to move at this time of the year.
  7. Hi Thanks for your reply. I did ask him the question - If he is wealthy enough to pay thew rent on an unused property I would have expected that paying the fees to the new uni to be within reach. Consider the wasted cash of the rents and his travel. His response was that he will sort it out with the Saudi government!! He also said he will pay me 2 months rent in advance before he goes and will transfer a month's rent into his account at the beginning of every month. He said he will give me the debit card associated with the account, so that I can with withdraw the money at th
  8. Hi Folks I have a foreign student and his partner who started living in my property in September. He is a student at the local university and is repeating his first year, for which he attended a different university in a different part of the country. I made all the necessary checks before admitting him as a tenant and everything was going fine until last week. He said that his previous university had not transferred the fees to his present university and the present university in unwilling to take him on, and his visa is going to be cancelled. He said they have agreed to take him o
  9. Hi Folks I have bought the property that I mentioned earlier on this thread. I am now considering buying a 2nd BTL. The above BTL I bought for cash. Can I remortgage that one in order to buy a 2nd BTL? The 2nd BTL is also a new build. In terms of whether or not it is rentable, I have asked a few letting agents and they have all given the nod, but non gave any specific figures of how much I could rent it out for. Also, in terms of researching the area, do I just inquire whether or not there are good schools/employers/transport links. Is there anything else I should consider? Th
  10. Hi Folkd I compleed on this property last week and hqave already found teantns to move in. So, everything went as I hopped. I am now considering buying a 2nd BTL. The above BTL I bought for cash. Can I remortgage that one in order to buy a 2nd BTL? The 2nd BTL is also a new build. In terms of whether or not it is rentable, I have asked a few letting agents and they have all given the nod, but non gave any specific figures of how much I could rent it out for. Also, in terms of researching the area, do I just inquire whether or not there are good schools/employers/transport links.
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