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May, 2015

Sunday

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  1. Replies
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    Note that the new law does not change the...

    Note that the new law does not change the position regarding re-protection as that has always been up to the scheme.
  2. That's absolutely, completely incorrect. The...

    That's absolutely, completely incorrect.
    The tenancy ends when the possession order is executed.

    As for section 40, here's an article about it:...
  3. There are only 3 schemes authorised by the...

    There are only 3 schemes authorised by the government: The whole PRS is a captive market for them.

    Their no. 1 asset and priority is therefore their government authorisation. I.e., they must play...
  4. Replies
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    150

    You did not have to pay council tax. In fact,...

    You did not have to pay council tax.

    In fact, as you were not liable at law you should in principle be able to get a refund.
  5. Replies
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    Ah we don't know what they have in store... If...

    Ah we don't know what they have in store...
    If they decide not to allow tax relief on loans financing letting businesses they can make it apply to everyone.
  6. Replies
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    478

    It does imply a high standard because it is...

    It does imply a high standard because it is implied that a professional has better equipment and better skills than you and me.
    What is unfair, IMHO, to to hold tenants to hiring someone if they...
  7. Replies
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    478

    It's very true that inventory and schedule of...

    It's very true that inventory and schedule of condition have become a single blurb...

    There is one important point, though. How does a landlord convince a court (or adjudicator) that he is...
  8. The penalty is independent of the refund of the...

    The penalty is independent of the refund of the deposit.
    If a landlord is order to pay 2x deposit as penalty then this is in addition to having to refund the deposit.
  9. You should have suggested to your tenant that...

    You should have suggested to your tenant that suing the agent would likely guarantee a higher payout.

    Anyway, you can indeed sue the agent for the whole of your loss: any penalty, legal cost, etc.
  10. Replies
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    Except in the case of a periodic AST not preceded...

    Except in the case of a periodic AST not preceded by a fixed term AST, which seems to be OP's case.

    In this case, the requirements of s.21(4) must still be followed, i.e. 'after' + expiry date...
  11. Replies
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    543

    9th of the month, if the tenancy is monthly...

    9th of the month, if the tenancy is monthly periodic.
    I say 'if' because what you quoted says "month to month/week to week"...
  12. Financing a business through interest-only loans...

    Financing a business through interest-only loans is not uncommon and is widespread for BTL.

    In itself it is not riskier than repayment loans and is not better or worse. Adults can judge the level...
  13. This is utter nonsense. Who can fully...

    This is utter nonsense.

    Who can fully self-finance BTL investments? Even you state that an unencumbered property is an 'eventual end point'.
    Do you mean BTL should be the preserve of millionaires?
  14. Replies
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    You do not need to reissue the PI. As for...

    You do not need to reissue the PI.
    As for reprotection, it depends on the scheme. I believe that there is nothing to do if the deposit is with the DPS custodial scheme, but do check.
  15. I don't see why not... If the tenancy...

    I don't see why not...



    If the tenancy agreement does not state anything regarding notices from the tenant then your situation is clear, isn't it?
  16. Replies
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    Could this be the same app? ...

    Could this be the same app?

    http://www.propertyindustryeye.com/new-app-launches-to-help-flatmates-sort-out-rows-over-costs/
  17. That's definitely a good idea to have a CCTV in a...

    That's definitely a good idea to have a CCTV in a kitchen shared by 27 rooms, for landlord and for all the tenants.

    In hotels there may be CCTVs in corridors and dining rooms. I don't see how this...
  18. Hmm, this does not make much sense. I think more...

    Hmm, this does not make much sense.
    I think more accurate, and honest, to say that the landlord does not want to limit liability for damage because he does not want to get into arguments on who...
  19. Replies
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    Why would your ex-tenant bother tracing the...

    Why would your ex-tenant bother tracing the agent? It's not his problem.

    You owe him the deposit, and in fact you are also liable for the penalty for non-protection of deposit...
  20. Replies
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    Yes, but that's not theft in itself.

    Yes, but that's not theft in itself.
  21. Replies
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    790

    It would be difficult to prove theft. Not having...

    It would be difficult to prove theft. Not having the money at the end of the tenancy is not in itself theft.
  22. I think we (and anyone else for that matter)...

    I think we (and anyone else for that matter) would need to see more of the tenancy agreement in order to advise.
  23. Replies
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    Not so. A prescribed form may be mandated, but...

    Not so.
    A prescribed form may be mandated, but hasn't so far.



    Again, there is no such requirement that it expires exactly 2 months from service. There has never been.
  24. There is no problem with that, and it is actually...

    There is no problem with that, and it is actually a normal case.
  25. As said, you can issue notice at any time. The...

    As said, you can issue notice at any time. The important is the notice period and expiry date.

    You might find this useful:
    https://lettingmate.uk/book/1-possession-via-section-21-notice
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