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Apr, 2014

Friday

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  1. Replies
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    810

    Don't suppose he has got an OBE? That would make...

    Don't suppose he has got an OBE? That would make him an earlobe.
  2. Replies
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    I suspect that yield on such properties would be...

    I suspect that yield on such properties would be low and this investment would be a bet on London property prices. Whether it is a good idea or not depends on your outlook. It isn't something that...
  3. Thanks for the input.

    Thanks for the input.
  4. Tenant leaving without notice but LL not accepting surrender

    I would appreciate some clarification on the issue of tenants leaving without notice. I realise that variations on this topic are much discussed but I have searched, like Bono, without finding what...
  5. Replies
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    2,662

    Agreed, but there could be more neighbours ready...

    Agreed, but there could be more neighbours ready to complain if asked whether they have been disturbed.
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    Ground 14 does sound somewhat applicable - just...

    Ground 14 does sound somewhat applicable - just not the conviction part. OP said " a neighbour ... has heard very uncouth people on the doorstep shouting and banging on the door about drugs at the...
  7. No expert but I don't think it would be tax...

    No expert but I don't think it would be tax deductible since this is determined by the purpose of the loan. I also doubt, given that residential mortgages are invariably cheaper than BTL mortgages,...
  8. I think this is a case where you have to weigh up...

    I think this is a case where you have to weigh up the potential financial risk and inconvenience of a default against the value of your integrity, your character, and your principles.

    So.... no...
  9. Replies
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    Short lease.

    Short lease.
  10. I say don't do it on principle, but yes it is a...

    I say don't do it on principle, but yes it is a tricky one.


    Unfortunate if true.


    “It is curious that physical courage should be so common in the world and moral courage so rare.”
    - Mark...
  11. Replies
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    The main thing is not to call 911. Boy bands are...

    The main thing is not to call 911. Boy bands are no good in emergency situations.
  12. Replies
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    I don't quite understand the source of these...

    I don't quite understand the source of these numbers (e.g. what is the 60k?)... but surely mortgage interest should not be part of the denominator? Essentially ROI is:

    [(gross income] - [costs])...
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    1,650

    Is an Electron Beam Ion Trap...

    Is an Electron Beam Ion Trap really relevant here?


    But seriously...


    I make this 48%.


    I make this 52%.
  14. Replies
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    Details of how an investment is funded can make...

    Details of how an investment is funded can make all the difference to the investor's return where borrowed money is used. ROCE reflects the gearing, while yield doesn't.

    I don't see the...
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    1,167

    I have been in the position of getting a...

    I have been in the position of getting a suspended PO awarded and in that case the payment plan was not put in writing beforehand. I don't see why it should need to be, although for the avoidance of...
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    A possession order wouldn't be automatic - it...

    A possession order wouldn't be automatic - it would depend on what was said on the day. If you and tenant agree on a repayment plan you can explain to the judge that you have come to an agreement. ...
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    Different things. You are talking about yield...

    Different things.

    You are talking about yield (i.e. on the value of the asset). Hech123 is talking about return on capital (i.e. on the amount that the investor puts into that asset).
  18. Replies
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    It will not get him out in two weeks. It will...

    It will not get him out in two weeks. It will allow you to start possession proceedings... [EDIT in light of post #10:] ...normally after two weeks, but not in the case of ground 14 which does not...
  19. You haven't explained why there should be a...

    You haven't explained why there should be a Section 8, or a case to win/lose.
  20. Replies
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    Let me be the first to commend you on an...

    Let me be the first to commend you on an interesting choice of user name.

    I don't think there is a limit of a year on an AST. Seems three years can be done in the normal manner, and longer than...
  21. If you had informed the tenant of a rent increase...

    If you had informed the tenant of a rent increase without issuing a valid notice and they paid a few times and then disputed whether you had increased it, then yes you can argue that their paying it...
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    Four fifths of a car - what's that... a...

    Four fifths of a car - what's that... a convertible?

    On the original question my vote would be against on the basis that:
    1. It breaches the rule of not letting to friends, family, friends of...
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    I'm not high, officer, I'm just adapted for a...

    I'm not high, officer, I'm just adapted for a nocturnal arboreal environment.
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    Ask him to sort you out with some weed. ...

    Ask him to sort you out with some weed.


    Perhaps more constructively: Section 21 not applicable any time soon due to fixed term. Tenancy agreement probably being breached on two counts, namely...
  25. Thread: Renewing AST

    by doobrey
    Replies
    4
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    180

    Meanings of 'NLA' include: National Landlords...

    Meanings of 'NLA' include:
    National Landlords Association
    National Liberation Army
    Ndola Airport, Zambia

    Meanings of 'RLA' include:
    Residential Landlords Association
    Rapid Lubricants Analysis...
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