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Te Mata

Btl's Eyes Popping Out!

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Yup, they're feeling the pinch. But beware they are going to try to nickel and dime tenants to death with silly "fees" to try and recoup their losses.

http://www.landlordzone.co.uk/forums/showthread.php?t=6305

Like many in this forum i'm feeling the squeeze with interest rates really hammering my rent/mortgage surplus. Feels like my eyeballs are going to pop out!

I'm thinking of introducing a few small charges to tenants for various things for new tenancies and wondered what your thoughts were on them.

Was thinking of charging about £15 for a landlords reference, £25 for end-of-tenancy inspection and £15 for bounced cheques.

They seem ok or totally unreasonable?

I already charge a tenancy fee and a quarterly contribution of £25 towards buildings insurance.

Sorry if we sound greedy - it's not, it's survival!!

:lol: + :angry:

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Yup, they're feeling the pinch. But beware they are going to try to nickel and dime tenants to death with silly "fees" to try and recoup their losses.

http://www.landlordzone.co.uk/forums/showthread.php?t=6305

:lol: + :angry:

depends how much damage they want doing to the property when the tenant leaves - i take a very dim view of people who introuce charges after the event

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"Sorry if we sound greedy - it's not, it's survival!!"

No, it's sheer f*cking greed mate and poor financial skills.

Lets face it.....you've been shafted! LOL.

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Sorry if we sound greedy - it's not, it's survival!!

Bol**cks, it's greed pure and simple.

Dirty BTL SCUM - We should be stringing people like these up to the nearest tree. :angry:

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Ive said it before ill say it again. When you leave, pay the last months rent with your deposit, then come to the negotiating table with cash in your hand, not his bank account.

And also do not give him a forwarding address. Its virtually impossible to take someone to the small claims court if you have no address for them.

Edited by King Stromba

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Yup, they're feeling the pinch. But beware they are going to try to nickel and dime tenants to death with silly "fees" to try and recoup their losses.

http://www.landlordzone.co.uk/forums/showthread.php?t=6305

:lol: + :angry:

"£25 for end-of-tenancy inspection"

What are they going to do if you say 'nah not interested in an end of tenancy inspection' ?? Not inspect it?!

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Yup, they're feeling the pinch. But beware they are going to try to nickel and dime tenants to death with silly "fees" to try and recoup their losses.

http://www.landlordzone.co.uk/forums/showthread.php?t=6305

:lol: + :angry:

So he's feeling the pinch...here's the rub, further down the thread:

"Truth is, with the possible exception of the cheeky buildings insurance charge of £2 a week (which by the way nobody moans about and I have 76 properties), the other items involve spending my valuable time on things which to now I have not charged for."

I think I'm p*ss*ng myself laughing. A one-man disaster zone, unless you're a bear, of course. What will a further .5% on IRs do to him?

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Guest Bart of Darkness
Actually, serious point here. Anyone looking for a place should first check to see that it wasn't bought recently, as you don't want your landlord to be on the verge of bankruptcy.

Well worth taking the time to check that out.

"I already charge a tenancy fee"

Isn't that what's usually called rent? :)

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Ive said it before ill say it again. When you leave, pay the last months rent with your deposit, then come to the negotiating table with cash in your hand, not his bank account.

.

exactly dude but many sheeple are afriad to even ask their landlord for a mop to wipe the floor with let alone withhold their last months rent.

withhold your last month. its not illegal.

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the other items involve spending my valuable time on things which to now I have not charged for."

What a knob!

Surely he thought about his "valuable time" before he took on 76! BTL properties?!?

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Guest grumpy-old-man
Actually, serious point here. Anyone looking for a place should first check to see that it wasn't bought recently, as you don't want your landlord to be on the verge of bankruptcy.

I do this when possible. If there is no LR data then you can assume that it has a lot of equity in it & they are in a much stronger financial situation.

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So he's feeling the pinch...here's the rub, further down the thread:

"Truth is, with the possible exception of the cheeky buildings insurance charge of £2 a week (which by the way nobody moans about and I have 76 properties), the other items involve spending my valuable time on things which to now I have not charged for."

can you imagine walking into a shop to buy a mars bar and being told the bar is 45p but there is a selling charge of 5p to cover "spending my valuable time on things which to now I have not charged for." :lol:

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Actually, serious point here. Anyone looking for a place should first check to see that it wasn't bought recently, as you don't want your landlord to be on the verge of bankruptcy.

I can see the logic in this, but what if the BTLer bought the place with cash? (no BTL mortgage)

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So he's feeling the pinch...here's the rub, further down the thread:

"Truth is, with the possible exception of the cheeky buildings insurance charge of £2 a week (which by the way nobody moans about and I have 76 properties), the other items involve spending my valuable time on things which to now I have not charged for."

76! FFS....I'd love to see this guy in a gutter! :angry:

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Guest X-QUORK

LMAO! :lol:

Try and implement those charges and he'll have 76 voids. What a greedy sonofabitch.

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My god, what a slimeball! I almost want to register on that forum just so I can tell the guy what a disgusting piece of sub-human scum he is.

So. Damn. Angry.

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My god, what a slimeball! I almost want to register on that forum just so I can tell the guy what a disgusting piece of sub-human scum he is.

So. Damn. Angry.

Go for it!

:angry:

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76 properties ! Must be an MP ! You're gonna burn....

76 is just excesive most would agree

landlords forum looks stupid anyway, charging everything as extras. Most things should be part of the "service" imo

I wouldn't be able to sleep at night if I had that many to worry about

If I were in such a position I'd sell all but 2/3 which were easiest to manage and in the best areas with best returns, look after the teneants properly, hopefully be mortgage free and enjoy life

Edited by skhudy

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