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About lastlaugh

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  1. Do you have a copy of the Rightmove listing? What does your contract say? I suspect your best course of action is through the Property Ombudsman, bu5 you will need to make a formal complaint to the EA first.
  2. Why are you having 6 monthly inspections? Are they written into your contract? Inspections, where they exist, are for landlords to check the state of repair. The other items you describe, cleanliness, car parking, etc are none of their business. Within reason, of course. What you are describing is not a healthy landlord/tenant relationship, and could be more accurately described as harassment. You have 3 choices. 1. Don’t get distressed about the inspections, shrug them off. Put up with them as a small price to pay to live in such a great place. 2. Move, and find
  3. The S21 date no longer has to coincide with the rent payment date, it only has to be 2 months notice. However, a common misconception amongst renters is that the S21 date is the date you must leave. Not true. You can leave earlier or later. Both options have implications, however. The only significance of the S21 date is that it is the earliest date that a landlord can commence eviction proceedings against you. So, the best way to view a S21 notice is as a starting gun for a negotiation process to end your tenancy. Clearly, as a tenant your relationship with your landlord is com
  4. The truth, as we know on this forum, is that the fees are a form of extortion, which the change in the law duly recognises. Up until the change in the law, the normal process would have been - apply pressure to renew the contract, then the tenant pays the fees in order to get the new contract. Your LA has got it the wrong way around. Once the contract has been issued, even with unpaid fees, then the LA has lost their leverage, at least for the length of the new contract. At the very least, make them work for the money. Ask them for a complete breakdown of everything that you owe
  5. But that paper, by painting a rosier picture of the robustness of the BTL market is making a case for the exact opposite. Directly or indirectly.
  6. Well, the BOE is a public body, using public funds. Any research they do is to inform or support policy decisions. Their conclusion is, and I quote: “Our main result shows that, adjusting for affordability, the loan-to-value ratio is reliably more important for borrower distress in the OO market than for distress in the BTL market, contradicting McCann’s (2014) results.” The conclusion contradicts previous research and the general theme of this thread. And I think the conclusion relies entirely on a false assumption, namely: “Everything else equal, a BTL borrower is
  7. I’m not really sure of the purpose of the paper. Why was the paper commisioned? Why is the BOE looking for evidence that the BTL sector can survive a modest HPC?
  8. I had a read of the paper. I don’t agree with the conclusion - that BTLers are safer than OOers in the event of HPC - mainly because I think the assumptions are weak. However if the BOE are generating excuses to further tighten the screw on our BTL scum, then it’s all good.
  9. Yeah, I’m cautiously optimistic too. The direction of travel is clear. The scale and negative impact of foreign investment in UK property is now common knowledge. But for many years it was widely assumed, even by politicians, that it was a ‘fortunate’ side effect of globalisation. The truth is it’s been an active policy if UK PLC for 2 decades, with tax breaks, golden visas, etc. The wheel is turning as voters realise the foreigners destroying the country are not the fruit pickers but the speculating spivs.
  10. Did you sign an inventory when you moved in? If so, what does it say about the wardrobe, carpet, and oven? Is your deposit protected with a recognised scheme?
  11. In fact, it's what most Western European countries do. Which is the principal reason why those countries have a civilised PRS. Unlike the UK.
  12. There are many simple ways that a little bit of regulation would change the PRS immeasurable in everybody's interest. For instance, it could easily be made law that any AST is only valid if registered with the local authority. It could be a cheap and simple process. Not unlike the deposit protection scheme. No registration, no AST. At a stroke it would force all rogue landlords overground.
  13. Sorry, I got it wrong. Goodbe To All That Buy To Let. There's a thread around here somewhere. Sell Now! Sell Everything!
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