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Dec, 2014

Thursday

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  1. Tenancy Deposit New rule ( unwelcome surprises )

    Subject Ref : RLA.

    The Court of Appeal handed down a decision 16/12/2014 in the case of Charalambous v Ng on tenancy deposit protection.
    Tenancies where deposits were taken before tenancy...
  2. Don't know. But if residential leasehold is...

    Don't know.

    But if residential leasehold is abolished, the exterior and grounds would fall into neglect.
    Leasehold at present forces everything outside the flats to be "well maintained".

    Can't...
  3. You saw the flat before you bought it, you knew...

    You saw the flat before you bought it, you knew it did not have a fitted wardrobe, but you went ahead and bought it anyway, withot questioning "Where is the fitted wardrobe"

    Anyone could have...
  4. Thread: Accounts/treasurer

    by ram
    Replies
    19
    Views
    640

    No. The "company" must be writing cheques to pay...

    No.
    The "company" must be writing cheques to pay every one, therefore you are trading.
    A dormant company has no funds ( 99.9% of the time )
    A dormant company will not get repairs done or ask for...
  5. There won't be any bad relationships as it's as...

    There won't be any bad relationships as it's as bad as it gets already. The other leaseholder is un-contactable, and the daughter wont reply... How worse can it get ?

    And you will not be bumping...
  6. As you know, the other leaseholder is...

    As you know, the other leaseholder is contractualy obliged to pay the service charges, including insurance.

    What I would do, is you have to find the other leaseholders address.
    Write to the...
  7. What you will have got is probably an S20, which...

    What you will have got is probably an S20, which all that is is a notification that works already paid for in advance that will be costing the leaseholders more than £ 250 each ( could be £251 up to...
  8. Replies
    9
    Views
    217

    they are not accurate to your business plan. ...

    they are not accurate to your business plan.

    But please explain, on a £ 250,000 interest only loan, where you have paid,
    £ 180,000 interest + the £ 250,000 loan back at the end of the 15 years ...
  9. Replies
    16
    Views
    503

    NO. You have already asked your question, got...

    NO.

    You have already asked your question, got the answer, and to be honest, best not to have 2 different ( but similar ) items in one thread, nor to hijack another.

    Ask the moderator to remove...
  10. see post number 4 at...

    see post number 4 at http://www.landlordzone.co.uk/forums/showthread.php?65661-Refurbishment-Loan-and-Rental-Income
    to see how high priced properties is a no go for rental income.
    ( use youre own...
  11. Me, I would send them an invoice, otherwise you...

    Me, I would send them an invoice, otherwise you will be £500+ short on the deposit when they leave.
    And that's what a deposit is for, and you need the FULL deposit funds available, and not deminish...
  12. Don't bother with a solictor, just yet. Tenants...

    Don't bother with a solictor, just yet.
    Tenants just do not leave keys about for anyone to enter the common areas of the premises, end of.

    Another clarification ( boring, I know )
    The freeholder...
  13. Replies
    9
    Views
    217

    I don't buy anything. Why, because even now,...

    I don't buy anything.
    Why, because even now, prices are still way over priced ( by a factor of 3 very often ), and in the last boom, then bust, the Government stepped in and we saw many a person...
  14. Replies
    20
    Views
    556

    You might have really done it this time...

    You might have really done it this time Interlaken, you have told me something I did not know.
    Me thinks Lawcruncher's wrath may be directed to you, rather then me. :(bow):
  15. You wont be able to do what you plan to do. ...

    You wont be able to do what you plan to do.

    The only way a bank etc can give you interest on your rmoney is to lend it out to other people, who in turn are charged interest, which the bank then...
  16. Replies
    9
    Views
    217

    You can pay off any loan with any money you have...

    You can pay off any loan with any money you have from where ever it comes from.

    But the Loan company will want to know that your income is secure and regular.
    If you don't have a job, and you...
  17. In my opinion, most of the information you have...

    In my opinion, most of the information you have been given is wrong.

    The freeholder has no contract with your tenants, only a contract with you.
    The Managing agents have no contract with your...
  18. Thread: Accounts/treasurer

    by ram
    Replies
    19
    Views
    640

    Thanks for your praise. Oops, you meant...

    Thanks for your praise.

    Oops, you meant Extraordinary General Meeting

    I see you are back to normal after your hospital stay.
    Welcome back.
  19. A person with bad credit has to have his current...

    A person with bad credit has to have his current address linked to his / her name

    Do you think the address will NOT show up, and it's just a persons name of no fixed abode ?
  20. 9 months of scaffolding will have more than paid...

    9 months of scaffolding will have more than paid for the repairs !

    Ask them "Do you know what you are doing"- "Apparently not"
    You are prepared to spend for 9 months of scaffolding for nothing"...
  21. "has an IVA and a high risk credit rating" Any...

    "has an IVA and a high risk credit rating"

    Any agent would tell you to steer clear.

    Yes, credit problems will be registered to your address and may prevent the next tenant ( or you if you move...
  22. Do you use the fireplace ( connected to the...

    Do you use the fireplace ( connected to the chimney of course ) with a coal fire ?

    If so, you have the right to continue to do so.
    If you don't, then suggest you do.

    Yet another penny pinching...
  23. Replies
    5
    Views
    158

    Further to post number 4. Don't think I am...

    Further to post number 4.

    Don't think I am shouting at you, I am just bringing home the obligation of the Directors of your company to maintain the building, and the leaseholders legal duty to pay...
  24. Replies
    5
    Views
    158

    Don't get me wrong, I do suggest we leave some...

    Don't get me wrong, I do suggest we leave some works till another year, to even out the expense, and we do, but some things have to be maintained now rather than later.

    But it's the classic...
  25. Replies
    5
    Views
    158

    When I write out the estimated service charges...

    When I write out the estimated service charges for the forthcoming year, I just add on a percentage, or a known number of hours and possible increase.

    Lets say the job is £ 2000, I would estimate...
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