Jump to content
House Price Crash Forum

Alm0stCerta1n

New Members
  • Content Count

    37
  • Joined

  • Last visited

About Alm0stCerta1n

  • Rank
    HPC Poster
  1. It's not the colour that bothers me, it's that they appear to have a bedroom-diner.
  2. We had a similar situation a couple of years ago and it was just the agent causing trouble because they get nice fees when you resign. Remember if nothing happens at all you automatically go onto a rolling contract. The agent was working the landlord up with worries about us planning to move out etc, and I didn't help by being vague. If the landlord decides to kick us out then they'd get even more money by remarketing the property! In the end my wife spoke to the landord and sorted things out so I would recommend speaking direct to the landlord direct. Like I said, I didn't help the situation, but the key messages to the landlord were "we don't have any plans to move out", "we've stayed in our last properties for long periods of time on rolling contracts" and having a good reason for flexibility: we used the fact that we started a job 30 miles away as potential reason for moving, but you could have your own reason that may or may not be entirely truthful (the honest answer of we don't like the agents who just take our money, don't pass messages on and are deliberately evasive doesn't go down well in case you were wondering...) eventually our l/lord saw sense and got rid of the agent themselves! If you are a good tennant then they will want you to stay - new tennants cost them money too.
  3. This might be right but have not heard of it being tested. Do you really want to be the person to do that, just to annoy the l/lord a little more... Question is does the contract become statutory periodic one month earlier so that 1 month notice always required? That would be the intent; no idea where the ruling would fall. For me the potential downsides would outweigh the fleeting pleasure.
  4. I missed this one. Do Lots. Understand the area, how it has changed, how it might change. Why do other perople want to live there? Good for renting/buying/both/neither? Understand properties in the area. Are there popular roads? How have prices varied over the last 10 years? Have they all moved together or some seen bigger spikes than others. How much did the neighbours pay for theirs? Is it a stable set of people living there or do they change regularly? If you needed to sell, would you be competing with others? (and based on what they paid can you guess what their 'bottom price' may be?) Planning applications. Any big ones in? What has been approved recently? Is the area doing ok, or are they looking desperate enough that they'll happily rush through a supermarket application if it comes with a bit of investment (for example). You can't do too much research before buying. I'm sure there are lots of things I missed.
  5. Why do you want to buy? If it is because you want to own your own home, do the DIY yourself, garden etc, & be able to change it to suit your lifestyle then I'd have to agree with dangermaus that buying is silly if there is a reasonable chance of you moving within the next year. All the risk with none of the benefits. On a pratical note (while knowing nothing about the type of property you want to buy and your experience), if you decide to change job in the near future you may find that you can't find as spend as much time searching/preparing for the new job due to house responsibilities. If you want to buy because you've got money burning a hole and you think housing a good place to put your cash then ok. Plenty of differing opinions on how this will play out and you've got to make your own decision. As for your actual question about managing the property... 100 miles is nothing. You can easily do that trip after work to fix a problem for the tennant. Any good landlord would Forget about reselling quickly for the forseeable future unless you price very attractively.
  6. Wish I could edit, but I can't... In the interest of fairness I will say that I have only kept the emails of them doing this once on 13 Jan 2012 and it was "Good news - we're giving you even faster broadband, for less. " The correction email actually came on the same day, just 5 hours later. They promised some good news about my broadband "in the next two weeks", but I have no record of ever receiving any. Maybe they were not going to arbitrarily switch it on and off for one evening, or some other generosity. I only have three emails about price rises (other than the VAT related ones). Rises in April 2011, August 2011 and Feb 2013. My bill also jumped up by £4/5 in Feb 2012, that must be the VAT change, and by ~£2 in August 2012, for goodness knows what... It seems to dropped back down again a couple of months later, so maybe I got £2 worth of porn. Feel better for getting that all out. Could be worse if they really haven't increased headline prices for a year, but we're on such a poor hardware bundle that I'm almost bothered to do something about it
  7. The last two times that Virgin Media have increased prices (before this one) they began by sending an email that basically said "Good News, we're reducing the cost of your bundle" followed by one a day or two later apologising and telling me they are actually increasing it. Third time they managed to screw me more politely.
  8. People are just about surviving for now. Young living with parents for longer, graduates with the most debt have not yet experienced that there is no way out of their situation in the short/medium term; just wait unti they want families. Boomers have big paper pensions, so no need to sell now, but will have to eventually. This includes an awful lot of landlords, whow will probably look to shift the rental property before their own home... or downsize maybe. Unless we create new people that can afford to buy off them in the future they won't be able to sell when they need to. We are so stretched already, I can't see this being taken up by debt. The pyramid will topple eventually. Can't tell if it will happen by property/land devaluation or by mass wage inflation, but at the moment there is no long-term support for the prices. Either way, we're not going to enjoy it too much.
  9. I have done this twice in my last two properties. Russ is right to say the first and most important thing to do is to get the landlord on-side. You are going to piss the agent off when you tell them, so unless they can see that all parties are agreed then it may end badly. Both times I have had the attitude that I don't want to deal with the agent and would be prepared to move (try not to threaten though!). In our current property we took the approach that "I don't want to sign a new fixed tennancy, wanted to go onto periodic... no plans to move... (but if you do, then be honest)" The agent will try to tell the landlord that this is bad for them, but eventually our landlord agreed with us. Landlord had to do all the hard work making agreements with the agent (we never spoke to them again!). They are contracted to the agent as we were 'introduced' through them, so there would presumably be some sort of buy-out from that contract, or in our case the agent still collects our rent for them, and the landlord pays a now reduced monthly fee to the agent. One thing that can work in your favour is if you've not been a problem tennant. Do you have a history of asking for annoying things to be fixed and generally bothering them? If not then they may feel that there is no need for the agent buffer between you. I'm not sure we dealt with this in the best way, but originally we decided that if there was no new fixed agreement then the tenancy would automatically go onto periodic on the same terms (I think notice may change to 1mnth for us, 2 for the l/lord, but details...). So we let it roll to the end of the tenancy and waited for them to hassle us. We explained in 'our simplicity' how we thought this would happen and that sounded good to us, so why would we want to sign a new contract. Like I said, not sure this was the best approach as may have been easier with landlord on-side from the start. Good luck!
  10. Why? I'd assume additional demand from relatively well-paid oil industry workers, but do correct me if it's not really like that. What else has Aberdeen got?
  11. It's a good opportunity to meet the neighbours properly, see how they behave & how open then are. Do they like the idea of their current neighbours moving out? Nosy, private, welcoming? May not learn anything, but may learn something vital! Got to be worth half an hour of your time.
  12. "House prices at an all-time low and interest rates beginning to fall..."
  13. Keep saving hard, but don't forget to reward yourself occasionally, and keep some kind of social life up. Most importantly, when you do spend on yourself don't feel guilty about it! These little rewards can make your saving pattern last... and give you the financial stability that you are looking for.
  14. When I looked into AST -> periodic tenancy a year ago I recall reading that it happened automatically if no action was taken. Sorry, no links/evidence to back this up for you, but if true then you would have to give notice. I think it automatically goes to 1 month notice from tenant, two from landlord, but can't swear on that. Personally I'd try to be the bigger person and just behave normally. Far too easy to get something slightly wrong in this murky legal realm and end up paying for it. Your landlord is losing out by planting the idea of you moving out already, when maybe you'd think about staying longer!
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.