Landlord Forum http://www.landlord-forum.co.uk/forum/ This is an XML content feed of; Landlord Forum : Last 10 Posts Tue, 06 Jan 2009 22:31:59 +0000 Tue, 06 Jan 2009 22:31:52 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 9.50 30 www.landlord-forum.co.uk/forum/RSS_topic_feed.asp Landlord Forum http://www.landlord-forum.co.uk/forum/forum_images/web_wiz_forums.png http://www.landlord-forum.co.uk/forum/ Rented Property : Mutally amending notice period. http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2879&PID=14461#14461 Author: fro-b
Subject: Mutally amending notice period.
Posted: 06 January 2009 at 10:31pm

Hello all.
 
I would appreciate any help or advice you can offer.
 
My tenant has been made redundant, and as a result has fallen behind with her rent. I'm not really in a position to lower the rent and would rather re-let the property early.
 
The situation is as follows:
 
We have a fairly standard 12 month live/work tenancy agreement.
We are only 2 months into the agreement and do not have a 6 month break clause.
 
So far she has been very co-operative and we've managed to come to an agreement wherby:
 
"She can stay in the property until I find someone else. In which case I'd like to give her 4 weeks notice. She can also give me 4 weeks notice to terminate the tenancy agreement early. She will only be liable for rent for the time she uses the property up until she leaves."
 
I don't want to be in a situation where she changes her mind and refuses to leave. We both agreed it would be better to formalise the agreement on paper and so I asked the estate agent who manages the property to draft a document outlining this. They provided us both with copies of a "Rider of Tenancy" to sign, but now she says she doesn't understand the wording and wants me to remove the clause or explain it.
 
I must admit, i'm also a little unclear as to the exact meaning and so am hoping someone here may be able to clear it up a little.. The agent says its a standard clause put on all such amendmants.. and that its for my benefit. I probably shouldn't ask her to sign this if I don't really understand it myself?? Or is she being un-reasonable.
 
The Rider clause is as follows:
 
""This rider of Agreement refers to the current tenancy being undertaken and any extension or renewal of that tenancy. All references to the Landlord herein shall be deemed to include the Landlord's Agent or any person authorized to act on the Landlord's behalf.
The Tenant shall pay and make good to the Landlord on demand all losses, damages, costs and expenses of the Landlord arising from or incurred as a result of any default by the Tenant in the performance or observance of the Tenant's covenants under the Tenancy Agreement that any neglect or forbearance of the Landlord in endeavouring to obtain payment of the Rent when it falls due and at any time which may be given to the Tenant by the Landlord shall not release or exonerate the Tenant or in any way affect the liability of the Tenant under this deed.""
 
How should I proceed?
 
Many Thanks,
 
 
 
 
]]> Tue, 06 Jan 2009 22:31:52 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2879&PID=14461#14461 Agents Area : Notice periods. HELP!! http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=1827&PID=14460#14460 Author: Lettings Match
Subject: Notice periods. HELP!!
Posted: 06 January 2009 at 9:33pm

Best to do a new agreement and you will have to register the deposit.
 
some companies create a memorandum of agreement, extending the existing tenancy for another fixed period and both parties sign.  I'm not sure how that will effect the deposit scheme.  It may be a grey area.  But to be safe, just register.
 
If you don't like the cost, use the free scheme.
 
see: http://www.direct.gov.uk/en/TenancyDeposit/DG_066380
 
Happy New Year
]]> Tue, 06 Jan 2009 21:33:07 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=1827&PID=14460#14460 Agents Area : STARTING UP LETTING AGENCY http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2373&PID=14459#14459 Author: Lettings Match
Subject: STARTING UP LETTING AGENCY
Posted: 06 January 2009 at 9:10pm

Hi Annie

I run my own letting agents and am happy to give you advice.

PM Me for my number and direct email.

thanks

]]> Tue, 06 Jan 2009 21:10:58 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2373&PID=14459#14459 Agents Area : What is required for a HMO? http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2709&PID=14458#14458 Author: Lettings Match
Subject: What is required for a HMO?
Posted: 06 January 2009 at 9:08pm

Hi

I contact my local council when HMO licencing came up and went to seminars held by my local council.  each council has flexibility in how the interpret the new law and how the police it.  I would suggest you contact your council and ask for the department that is dealing with HMO's.  Once your through to the right people ask them for any literature they have produced and ask any questions you nedd to.  Meanwhile I would also suggest checking your councils website, most should by now have a section for HMO.

Good luck! and PM me if you have any lettings enquiry. 

I can give you advice on how to setup properly and good courses to go on.  I have many years experience in running my own agency.

]]> Tue, 06 Jan 2009 21:08:00 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2709&PID=14458#14458 Agents Area : Agents earn extra money http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2878&PID=14457#14457 Author: Lettings Match
Subject: Agents earn extra money
Posted: 06 January 2009 at 9:00pm

Agents, 
 
I had recently joined with Utility Warehouse enabling me to offer an extra service to my Landlords and Tenant.
 
By filling in one simple form, I can now transfer my tenants and landlords energy supplier to Utility Warehouse,  broadband, telephone and a cashback card are also available.
 
I provide this service whenever I get a new tenant.  It saves me a lot of admin as it is only one form and once filled it can simply be faxed, posted or scanned and emailed.
 
My tenants also get a great deal as Utility Warehouse has been reated as a number 1 supplier by Which Magazine in December 08.  They are also a respected company and have recently been promoted into the FTSE 250.
 
Best of all I get commission for each service that a tenant takes up, which can add upto £50 per property, for me the best part is the residual income.  You get a small percentage of the customers spend paid to you every month.  This is not much initially if you have a few customers, but eventually over the years it can add upto hundreds and in some cases thousand each month.
 
I am a letting agent and this has been successful for me,  I have no hesitation in recommending it.  If you wish to discuss it further, please PM and I can give you my number.
 
P.S the Cash Back Card is SUPERB, I get 5% off my petrol and grocery shopping plus many stores are part of the scheme.  The Cash back is then Credited to the Utility Bill and taken off the total.  I Love that idea.
 
Happy New Year, Make 2009 the best year ever.  Don't sit around and gather dust worrying about the credit crunch, start getting fire in your belly and have a CREDIT MUNCH! LOL
]]> Tue, 06 Jan 2009 21:00:39 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2878&PID=14457#14457 Rented Property : Advice On First Time Private Let http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2874&PID=14456#14456 Author: melly
Subject: Advice On First Time Private Let
Posted: 06 January 2009 at 8:51pm

Jimmy,
 
welcome to the forumHug
 
NSI's funnies haven't popped up that's why it's a bit wonky so myabe I can make up for that.Wink
 
I used the AST from the RLA website.  It cost me 5 quid to download it.Big%20smile
 
Good luck and I hope your mate doesn't abuse your friendshipOuch
]]> Tue, 06 Jan 2009 20:51:13 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2874&PID=14456#14456 General Chat : tennants wont pay http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2793&PID=14455#14455 Author: Lettings Match
Subject: tennants wont pay
Posted: 06 January 2009 at 8:12pm

If the agent has not given you the policy documents for the rent guarantee cover, you should insist on it immediately.
 
You are well within your rights to contact the insurance company and find out what's going on, after all it's your cover.
]]> Tue, 06 Jan 2009 20:12:04 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2793&PID=14455#14455 Rented Property : REGULAR INSPECTION CHECKS http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2867&PID=14454#14454 Author: Jay20VT
Subject: REGULAR INSPECTION CHECKS
Posted: 06 January 2009 at 4:19pm

same here but with a little extra, I do check to ensure tenants keep their Undies clean, nothing worse than MY tenants walking around scratching their rear end all day - lol

sorry.. couldn't help it.

]]> Tue, 06 Jan 2009 16:19:24 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2867&PID=14454#14454 Rented Property : Advice On First Time Private Let http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2874&PID=14450#14450 Author: JimmyDeemo
Subject: Advice On First Time Private Let
Posted: 06 January 2009 at 10:03am

Thanks a lot for the advice, thats pretty much what i wanted to know. I will certainly look into the Credit Check and guarantor thing.

I'm assuming that as you recommended them, and from your comments that the AST provided at propertyhawk would not need a solicitor to check over it.

I know letting agents will do this for me, but as i have found my own tenant i would like to avoid the fees if possible. This arrangement should work out for both of us if done correctly.

P.S There appears to be some code in your post, is that something wrong with my viewing or have you missed some closing tags somewhere?
]]> Tue, 06 Jan 2009 10:03:37 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2874&PID=14450#14450 Landlord Insurance : Alternative Insurance http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2877&PID=14449#14449 Author: ashburnham
Subject: Alternative Insurance
Posted: 06 January 2009 at 9:06am

Another one for your list is:
  • Legal Expenses Insurance
Probably not as important as most on your list but normally quite cheap and worth considering for that extra piece of mind.
]]> Tue, 06 Jan 2009 09:06:08 +0000 http://www.landlord-forum.co.uk/forum/forum_posts.asp?TID=2877&PID=14449#14449