LandlordZONE

23

Oct, 2014

Thursday

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  1. I understand. This is one of the reasons why I...

    I understand. This is one of the reasons why I didn't want to do it. But these freeholders don't care about the owners of the flats. So I wanted to get away.

    Anyway, we have decided not to go...
  2. Hi, I have 95ysr left on the lease so it's...

    Hi,

    I have 95ysr left on the lease so it's not that critical yet.

    If I were to have the money sitting in the bank then I would gain enough interest to cover my ground rent every year.

    If...
  3. Hi Gordon, Things get a bit complicated as...

    Hi Gordon,

    Things get a bit complicated as the other flat owner is thinking about selling in the next couple of months.

    But if they decide to purchase then we will also have to pay the...
  4. Do you think it is worth me buying the freehold for this price

    Hi, I have about 10 days to register my interest for buying the freehold on my maisonette.

    The landlord wants to sell the FH and have given me a price of £5700.

    I currently have 95 years left...
  5. I will try and speak to a Solicitor tomorrow. I...

    I will try and speak to a Solicitor tomorrow. I need some advice and I don't want to be lining their pockets for something I don't need.

    All we want is to do is purchase the freehold with minimal...
  6. Gordon999, Leasehold maisonette. The FH...

    Gordon999,

    Leasehold maisonette.

    The FH has given us the price but I have to get together with the owner downstairs and set up a Ltd Company.

    All we want to do it buy the freehold without...
  7. andydd, Hi, The FH wants to sell and has...

    andydd,

    Hi,

    The FH wants to sell and has offered a price.

    I have 95 years left and the property is a purpose built house/maisonette.

    I am trying to do this as simple as can be. But the...
  8. Has anyone purchased the freehold on their property?

    Hi,

    I have been offered the chance to purchase the freehold of my property.

    But I don't know how to go about doing it.

    The Independent Consultant is being un-helpful and says that he...
  9. Replies
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    Thanks Isabella. Updad are still not cheap. ...

    Thanks Isabella.

    Updad are still not cheap.

    I don't need the full letting package.

    What I want from them is to help me with my AST and deal with all the deposit and money handling.
  10. Rental Guarantee and legal protection is it worth it?

    Hi, has anyone taken out rental guarantee with legal protection against evictions costs?

    I am thinking about taking this out.

    Legal for landlords offer a good scheme.

    I was wondering what...
  11. I'm thinking of using UPad, should I use their credit check or arrange my own?

    Hi, I am thinking about using UPad to advertise my property and do my tenant ref checks.

    I don't know how good they are, so I was thinking of arranging my own.

    I want to be confident that I've...
  12. Replies
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    Who are they? Can you PM the details. Thanks

    Who are they? Can you PM the details.

    Thanks
  13. Replies
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    My tenants moving out, so I now have the chance...

    My tenants moving out, so I now have the chance of going with another agency.

    I think I'm going to use UPad.
  14. Replies
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    1,692

    I don't have a copy of that, it would be in their...

    I don't have a copy of that, it would be in their office.

    I would have to ask them for it.

    Thanks
  15. Replies
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    Hi, I read through the AST and I can't find...

    Hi,

    I read through the AST and I can't find anything about giving notice to my agent. I can't even see anything in there about informing the tenant of how to end the contract.

    There is also...
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    The only way I can do it. Is by asking my tenant...

    The only way I can do it. Is by asking my tenant if she wants to sign up to a new 6 month contract with myself at a slightly lower rental fee. I could use someone like Upad to do a £99 tenant setup...
  17. Replies
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    Fully managed used to be 12% and then they...

    Fully managed used to be 12% and then they dropped it to the same rate as rent receipt 10%.

    So there is no difference between the two.

    I've only got the once place and I didn't want to get...
  18. Replies
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    I will look into it all now. The problem is,...

    I will look into it all now.

    The problem is, my lender says that I have to use an ARLA letting agent. So I went to these high street agents thinking that they were looking after me.

    And my...
  19. Replies
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    They offer three services. Fully managed @...

    They offer three services.

    Fully managed @ 10%
    Rent receipt, @ 10%
    Tenant find. @ 6-8%

    I might speak to them about dropping down to tenant find.
  20. Replies
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    You pay Orange £36 per month because you get...

    You pay Orange £36 per month because you get something from them!!

    Line rental and call allowances.

    I'm getting sweet fa for £80 per month.

    I was fairly new to all of this when I signed...
  21. Replies
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    What am I paying the letting agent for?

    Hi I went through a letting agent in order to let my place.

    I had problems with the previous tenant and the same high st agency did very little to help me.

    So I told them I will manage my own...
  22. Replies
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    There is a high rise block near me that always...

    There is a high rise block near me that always has bargain 2 bedrooom flats for sale.

    The letting agent told me the price is for cash buyers only.

    Because no one can get a mortgage on them....
  23. That's why I'm looking to fix for 5 yrs now or...

    That's why I'm looking to fix for 5 yrs now or else I will not be able to afford a BTL mortgage in the future.
  24. I will have another look. But most of the time I...

    I will have another look. But most of the time I can find better deals online that Mortgage brokers.
  25. I spoke to ARLA mortgages and the best they could...

    I spoke to ARLA mortgages and the best they could find was a BM Solution deal.
    It was a 75% LTV on £112500, around 5.2% and had a £1800 arrangement fee.
    My lenders SVR is about 4.99% so I would...
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