Property Investor
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Keep them handy, but you are claiming against him for non-return of deposit...nothing to do with rent
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Estonia Properties/development
Property Investor replied to Redtony's topic in Overseas property investment
I have been looking at Estonia on and off for some time now. I did look at Parnu, but the deciding factor for me not to buy there was the short summer season. If you are going to be reliant on rental income to cover the mortgage repayments, then this is a big worry. For all year round rentals, I would look at The Old Town In Tallinn (the capital). It is already quite expensive, so the outskirts would be better IMO. Good news is that easy jet fly there for a packet of peanuts!! -
Max. 4 Tenants Before You Have To Tell Council?
Property Investor replied to stillill's topic in All about renting
Houses in Multiple Occupaction. http://www.odpm.gov.uk/index.asp?id=1151996 You place will still be an HMO and will be subject to all the necessary fire precautions (ie fire doors and many other things) The reason the LL is reducing the number of occupiers to four is so that he doesn't have to pay for an HMO license. (5 unrelated occupiers or more) Out of interest, is the property 3 stories or more? -
Its a shame that when anyone makes a sensible post, they get shot down in flames You all live in cloud cuckoo land. House prices are on the increase, so are rents. Bank of England says rates are staying the same Come on, you renters who have been moaning about house price crash for years ( yes years) now will surely wake up and smell reality.
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Why The Fall?
Property Investor replied to the end is a bit nigher's topic in House prices and the economy
Graphs can indicate anything you want them to. Have you actually tried to buy a place in these areas.? I would wager large time that you won't get a property for less than 3 grand below the asking price -
Advice About Ending Rental Agreement
Property Investor replied to biblee's topic in All about renting
If you don't have a signed tenancy agreement, then the Fixed term will be invalid. However, this is unimportant,. As you have been paying rent, a tenancy will have been created. (a periodic tenancy) If you pay monthly (period), you will need to give 1 months notice to leave (date dependent). The LL needs to give you 2 months notice If you have proof of regular payment (bank statements, cheque stubs, rent book receipts) this can be presented to your future lender if the LL 'turns funny'. Best to keep on the right side of the LL, as you have no real idea of when you are going to need to move out. Keep it amicable and hopefully will work out. Good luck in your new property -
I would say credit check charges of £100 is excessive. Agents not only give incredulous charges to tenants but also to Landlords. Are they also charging you for the tenancy agreement? If they are, you can bet that they are also charging the Landlord for this? Agents piling on charges. If you are signing a Joint tenancy, then credit checks need to be taken out on both you and your partner. If it is a sole tenancy, and your partner is a 'permitted occupier' only credit checks need to be taken out on you.
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If you search for free rental websites you will find a plethora of direct landlords. Houseladder springs to mind Lets Direct another good one. Have advertised on these sites. But remember, there are bad tenants as well as bad landlords list found hhttp://www.habitathomes.co.uk/home/advertising.php http://www.rentmouse.com/ http://www.rentamatic.co.uk/advertise.cfm http://www.residentialrentals.co.uk/advert...roperty-freehtm http://www.homeswithoutagents.com/ http://www.lettingsby.com/landlords/go.htm http://www.thepropertyexchange.co.uk/index.html http://www.preloved.co.uk/ http://www.letsdirect.co.uk/landlords/Land...er?action=start http://www.ad-mart.co.uk/ http://www.homes-seekers.co.uk/ http://www.anyads.co.uk/ http://www.roomsforlet.co.uk/ http://www.homes2rent.net/ http://www.propertylocator.co.uk/ http://www.estateagent.co.uk/ http://www.accommodation.com/ http://www.findit.co.uk/
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My Story, Why I Am Getting Out Of Property
Property Investor replied to scottbell's topic in House prices and the economy
Surely this guy is a troll. Example, I 'only earn' 75K' a year , own 52 houses producing turnover of 456K per year, he is the fool -
As a Landlord, I don't ent out furnished, so would be interested to see what is considered as furnished. Beds, sofas, tv, sky, internet broadband..what do you expect?
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"how To Challenge Your Landlord"
Property Investor replied to Warwickshire Lad's topic in All about renting
Be honest, pay the rent on time, look after the property as if it was your own and the LL will be sweet. -
Wear and Tear can be a grey point. Tenant thinks this is okay..Landlord thinks I need to spend this amount of money to let to the to next tenant. A compromise must be met Mind you,when the new deposit laws comes in soon, who knows what will happen?
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No regulations regarding electrical appliances are in force. However, it is 'advisable' for a LL to get these checked (normally every 5 years). Some do, some don't. If you have an electrical appliance which you think may be dangerous, report your concerns to your Landlord or Letting Agent. They have no obligation to do so, but could undergo severe repercussions if not followed up
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From what you say, you have something to hide. If the property was presented to you in immaculate condition and was professional cleaned, you must give it back in the same condition, (but only if you signed an inventory to this effect) There are 'dodgy' landlords out there who try and retain your deposit for their own wealth, but Mr Shed, myself, and many others try to be fair. The point is, when you vacate the property, would you expect someone else could move in there in its current condition? If answer is yes, then you shuld be entitiled to full deposit return. If you have left it dirty, then LL would have to have the property cleaned and this can be taken out of your deposit. I have owned properties where the tenant actually keeps the place cleaner than I would and have no qualms in returning the deposit in full. BUT, some leave it like a pigsty. Guess what happens there. All eceipts must be proivided though.
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Spring Bounce (in Bournemouth Area)
Property Investor replied to Si_'s topic in House prices and the economy
Just shows, unralistic agents overpricing properties in your area -
By getting a decent education, this girl will be able to pay off her debts easily, and as aforementioned, the rates are extremely low. In 3 or 4 years time, she will have a good salary, a decent house, and won't be whinging about house prices. You all need to grow up, face reality, get educated and get a good job. Then maybe, you'll be able to buy a house, and stop giving me grief as a landlord.
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London is rediculously overpriced. Consider living on the outskirts, and you will find affordable properties. eg Northfleet, Kent..when new station built, 17 mins into London...3 bed house 135K...is that affordable? I think so
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Dartford (greenhithe)
Property Investor replied to john_d_uk's topic in House prices and the economy
Hi John D, What you don't say is why you wan't to sell. Are you worried about a possible House Price Crash, which in most peoples opinion isn't going to happen. If you will be making a decent profit from the sale, which I expect you will if you purchased 5 years ago, and you need the money, then sell. If you don't need the cash at this point, then hold onto the property. Ebbsfleet, Thames Gateway regeneration will only push prices up. When the international station was built at Ashford, prices shot through the roof, okay, market was strong, but good indicator. As a kent dweller and investor, I think things are looking good now and even better in the future. Pick yourself up a 1 bed flat in Northfleet for under 50K and watch as it doubles in price over next few years. Good luck with what you decide, and if you do decide to sell, I can make you a quick cash offer for it. -
If you look hard enough and you want to live there, you can still find properties under 20K. You will have to do some renovation work on properties at this price range.
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Depends on peoples circumstances. If you are a young single person, you probably wouldn't want to own a large property. Put the money to more enjoyable use...holidays, partying etc. Just because people are making money from property, it doesn't necessarily mean that they have to live in the biggest place possible. I do but I just like to big it up. Thanks to all my tenants (I like to call them my extended family) as I provide somewhere for them to dwell. Its not all about the money. Us landlords do have caring sides as well
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It is a good time to buy at the moment. Bargains are there to be had. It really is a buyers market. Prices will not go down much more in this current dip. For me, this site just proves that there are still so many potential renters just waiting to pay off any new mortgages I acquire, so thank you. The longer you wait, the chance of you actually being able to get on the property ladder lessens, the more rent you put into my pocket. You all seem happy to rent...I am happy to take your money...Everyone happy.
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"You talk about 'serious property investors' as though they have some special understanding of the market. The reality is you got lucky" Property Investment requires good knowledge and indepth research. As shown from the post above, there are people that are losing money from BTLs. However, even in this market dip (and that is all it is) most of us are still making money.
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Personally I live in a 6 bedroom house with indoor pool, paid for by my BTL properties