Yep, its that they know better attitude. My FIL is the same. My workplace pension is good. I pay 9% they pay 25%Oh my god, so sorry but what an idiot.
I cannot abide anyone who comes out with this anti-pension myth. It drives me insane, but seems to be quite common in some circles.
The anti pension thing is all a bit silly. People acting as if they have no choice but to speculate in bricksI cannot abide anyone who comes out with this anti-pension myth. It drives me insane, but seems to be quite common in some circles.
The worst part with this man is that he didn't even have a buy to let.The anti pension thing is all a bit silly. People acting as if they have no choice but to speculate in bricks
My private pension has gone up 6% in the last year (after fees taken) and obviously is much less of a liability than buy to let and way more flexible and suited to being a pension.
So many people demand that their buy to let is a guaranteed investment and even if it was bought for 50k and is now worth 200k they'll bemoan if it goes down to 195k
This is interesting. We are landlords and rent through an agent who do regular inspections , every three months as part of their contracts. We had tenants who are careless, filthy to be honest and basically didn’t know how to keep a hosue. When they moved out we had to spent hundreds cleaning g their mess things that were not picked up during inspections be sure it was things like inside thr oven, behind the sofas, skirting boards, they also managed to damage two washing machines in two years. If we didn’t have inspections I’m sure it would have been Much worse . Isn’t it reasonable to have the property checked to keep it in a decent state? I rented when I was younger and had no issue with a quick walk through Check, it’s not invasive and is arranged discreetly ?Is this a serious post? 6 months rent upfront? A lot of people don’t even have a 3 months rent sitting in the bank. How entitled to think that tenants should have 6 months rent ready to hand over before they’ve even moved in. Like they don’t have other things they may want/need to save that much money up for (like a deposit for a mortgage). Way to make housing even more out of reach for many and keep people stuck in the renting cycle.
As for 3 monthly inspections? No thanks. Been living in my place for 6 years and the only thing that’s ever been inspected is the boiler (which of course is necessary). Maybe I’m ‘lucky’ but I would not rent somewhere that demanded a snoop round my home every 12 weeks. Ridiculous.
But if it was hundreds wouldn't the deposit cover it?This is interesting. We are landlords and rent through an agent who do regular inspections , every three months as part of their contracts. We had tenants who are careless, filthy to be honest and basically didn’t know how to keep a hosue. When they moved out we had to spent hundreds cleaning g their mess things that were not picked up during inspections be sure it was things like inside thr oven, behind the sofas, skirting boards, they also managed to damage two washing machines in two years. If we didn’t have inspections I’m sure it would have been Much worse . Isn’t it reasonable to have the property checked to keep it in a decent state? I rented when I was younger and had no issue with a quick walk through Check, it’s not invasive and is arranged discreetly ?
My last landlord was like that. I had to negotiate every year with each rent increase to have something updated or replaced. All whilst the rising damp was destroying the house and the walls were barely held up with lining paper. He just doesnt care about the house, but is happy to take the money.But if it was hundreds wouldn't the deposit cover it?
Hundreds sounds about what you should plan to spend between tenancies for me and sorting the oven and behind the sofa I'd guess isn't uncommon with how some renter's don't look after a place.
If they damaged the washing machine again that should easily be covered by the deposit and if it broke when not that old then the guarantee should cover it id of thought?
Not saying this is you, but I do know landlords that complain endlessly about ever paying a penny to maintain the property which seems very illogical. Like bemoaning the management charge on a pension.
Sounds like my previous landlord... he said that he would increase my rent so I asked what was going to be updated and he said nothing. He needed to increase to "keep up with the rentals around us". But the rentals around the neighbourhood were brand new luxury apartments owned by massive corporation. Greed really is a sickness.My last landlord was like that. I had to negotiate every year with each rent increase to have something updated or replaced. All whilst the rising damp was destroying the house and the walls were barely held up with lining paper. He just doesnt care about the house, but is happy to take the money.
I don't mind the pre announced visits announced well in advance as I know they do them every year. I would actually try to be out when they came over to check as it made me more anxious. I hate the random checks (door frame inspection the last time ) and created a fuss over those even if they had the tradesman right there with them too.This is interesting. We are landlords and rent through an agent who do regular inspections , every three months as part of their contracts. We had tenants who are careless, filthy to be honest and basically didn’t know how to keep a hosue. When they moved out we had to spent hundreds cleaning g their mess things that were not picked up during inspections be sure it was things like inside thr oven, behind the sofas, skirting boards, they also managed to damage two washing machines in two years. If we didn’t have inspections I’m sure it would have been Much worse . Isn’t it reasonable to have the property checked to keep it in a decent state? I rented when I was younger and had no issue with a quick walk through Check, it’s not invasive and is arranged discreetly ?
No we had to spend jusy short of £1000 on professional cleaning , minor repairs & trades and the deposit wasn’t even half of that, about £350 . Plus it takes a whole to get it back .we also had to fully replace flooring as they didn’t report damage to laminate and it has swollen and cracked due to a spillage . It was damage and dirt that cousl have been avoided not wear and tear. They were also fairly anti social so the neighbours reported which I was embarrass about but we only got those reports when they left . It’s not all coinBut if it was hundreds wouldn't the deposit cover it?
Hundreds sounds about what landlords should plan to spend between tenancies and sorting the oven and behind the sofa I'd guess isn't uncommon with how some renter's don't look after a place.
If they damaged the washing machine again that should easily be covered by the deposit and if it broke when not that old then the guarantee should cover it id of thought?
Not saying this is you, but I do know landlords that complain endlessly about ever paying a penny to maintain the property which seems very illogical. Like bemoaning the management charge off a pension.
Eta the washing machines x 2 wasNo we had to spend jusy short of £1000 on professional cleaning , minor repairs & trades and the deposit wasn’t even half of that, about £350 . Plus it takes a whole to get it back .we also had to fully replace flooring as they didn’t report damage to laminate and it has swollen and cracked due to a spillage . It was damage and dirt that cousl have been avoided not wear and tear. They were also fairly anti social so the neighbours reported which I was embarrass about but we only got those reports when they left . It’s not all coin
Luckily we have long term tenants now who are looking after the place well.
In terms of the topic overall , house prices, all I can say is surley the bubble has to burst soon. Anyone old enough to remember the northern rock crash will remember that came down like a tonne of bricks . What I don’t get is where peopel are getting the money from to throw at offers over (Scotland anyway) ?
we done the opposite kept it lower toSounds like my previous landlord... he said that he would increase my rent so I asked what was going to be updated and he said nothing. He needed to increase to "keep up with the rentals around us". But the rentals around the neighbourhood were brand new luxury apartments owned by massive corporation. Greed really is a sickness.
They have no right to enter without your permission and without 24hrs notice.I don't mind the pre announced visits announced well in advance as I know they do them every year. I would actually try to be out when they came over to check as it made me more anxious. I hate the random checks (door frame inspection the last time ) and created a fuss over those even if they had the tradesman right there with them too.
I don’t want to be rude but surely this is just the risk you have to take, being a landlord?No we had to spend jusy short of £1000 on professional cleaning , minor repairs & trades and the deposit wasn’t even half of that, about £350 . Plus it takes a whole to get it back .we also had to fully replace flooring as they didn’t report damage to laminate and it has swollen and cracked due to a spillage . It was damage and dirt that cousl have been avoided not wear and tear. They were also fairly anti social so the neighbours reported which I was embarrass about but we only got those reports when they left . It’s not all coin
Luckily we have long term tenants now who are looking after the place well.
In terms of the topic overall , house prices, all I can say is surley the bubble has to burst soon. Anyone old enough to remember the northern rock crash will remember that came down like a tonne of bricks . What I don’t get is where peopel are getting the money from to throw at offers over (Scotland anyway) ?
Eta the washing machines x 2 was
we done the opposite kept it lower to
Make to more realistic and it also helps with longer tenancy.
A months rent value was the standard here . The rent was purposefully low not reflective of the state of property, it’s a decent flat and well maintained , just to make it more realistic and longer term tenant . Anyway my point it is respect. Not eveyone knows how to or chooses to treat home rentals with respect, so for thst reason the inspections are needed, in my view and experience. I get they can be invasive so they need to be within the terms of the lease & done at a realistic abs discreet levels. There’s also the safety aspect, make sure fire alarms , gas etc not blocked . I will never excuse the state it was left on that occasion as wear and tear or a landlords downside, irrespective of how much it cost to put right, it was disgusting. It’s one example of bad tenants though, we have had mainly decent people who treat it like their own. It was to make the point that inspections have their place . I agree also with the above it’s not just rentals someI don’t want to be rude but surely this is just the risk you have to take, being a landlord?
You can’t micromanage your property when it’s someone’s home. Good landlords should factor in the costs of wear and tear, repairs and end of tenancy professional cleaning into their maintenance expenses, surely?
Also, I thought landlords were allowed to charge up to 5x weeks of rent as a security deposit. Yours sounds very low, although I don’t know where your property is nor the condition it is in. The national average deposit is about £900.
I think if you rent out a property/s you have to take any emotional attachment away from it and treat it as a business. I’ve seen people rent out a house they love then take it personally if it gets damaged. Yes it’s really shit of tenants but unfortunately not everyone is lovely.A months rent value was the standard here . The rent was purposefully low not reflective of the state of property, it’s a decent flat and well maintained , just to make it more realistic and longer term tenant . Anyway my point it is respect. Not eveyone knows how to or chooses to treat home rentals with respect, so for thst reason the inspections are needed, in my view and experience. I get they can be invasive so they need to be within the terms of the lease & done at a realistic abs discreet levels. There’s also the safety aspect, make sure fire alarms , gas etc not blocked . I will never excuse the state it was left on that occasion as wear and tear or a landlords downside, irrespective of how much it cost to put right, it was disgusting. It’s one example of bad tenants though, we have had mainly decent people who treat it like their own. It was to make the point that inspections have their place . I agree also with the above it’s not just rentals some
Owners will be the same of course , or even down to if you rent a holiday place . I guess it’s just galling when someone treats your place like c*** when you are trying to keep it in a good condition yourself longer term.
Anyways house prices are still shocking and I still
Hope they come crashing down to reality!
The properties I've rented from a property managers have typically been of lower quality but require less hassle.Related to this, I far prefer renting a property managed by a property manager/letting agent. It makes for a much better experience for me as a renter and I imagine also saves the landlord a whole lot of hassle.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?