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House Price Crash Forum

Rahi Ahmed

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About Rahi Ahmed

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    HPC Newbie
  1. Pound is going down 🎶 Pound is going down 🎶 No doubt about it. Additionally price increase of most import products, which UK has a lot, a loooooooooot. Who knows what new tarrifs/ tax duties will be added.
  2. You can: 1. ask for a discount. 2. make contracts longer (if you have to leave before the contract expires, you can find the agency someone else living instead of you - that worked for me.) 3. Pay upfront 6 month rent against a larger rent reduction, i.e, £800 a month, so for 6 months £4800, offer paying £4k upfront for 6 month rent. These all depend on the situation you are in, your workplace/academy etc.
  3. I think its required by housing law.
  4. Renting is not bad at all - renters rights are reserved by many laws - which a renter should be aware of. If you don't know your rights, you can't protest against any landlord or agency. This is were they take advantage on tenants with limited knowledge on rights. I.e, tenancy fees are banned - still some agencies take this fee in other name, like "administration fee". Unprotected deposit money, breach of contract signed and worst case not getting any service for the rental property also increase if they realise your unawareness of the rules and regulations.
  5. It's unconvincing. Max deposit is 4 weeks rent, and it should be handled by authorised third party as well. It will be protected that way. Don't trust agencies with this - some of them will rip you off at the end of the contract - I saw agencies framing/blaming tenants for damage which was there from before or pretty normal to happen for longer usage (i.e faucets/ wall paint) which should not be covered by deposit money.
  6. Is he increasing the rent after the current contract ends? If so, don't renew the contract & leave the property, there are plenty of vacant properties available. Increased demand and recent rules (i.e the ban of tenancy fee/ agent fee) made some agencies increasing the rent.
  7. Deposit is better of handled by professional third parties.
  8. Hi this is my first post, apologies if it is in the wrong forum.I am currently looking at Burnley as a potential area to buy to let. From what i have gathered I know new transport links are now operational, (supposedly) people are buying cheap and commuting to Manchester. Does any one know the area and is this the case? I am planning to visit Ightenhill and a couple of other places to see what the areas like. Just thought if anyone had some helpful information it could aid me in my decision. Thanks
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