Landlord Incorporation Presentation
Until now, the recorded footage of this packed out meeting at the Baker Street Property Meet has never been officially released, but it is still as valid today as it was when it was recorded live in May 2017.
Grab a coffee and and click below to enjoy the video.
The post Landlord Incorporation Presentation appeared first on Property118.
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Labour would end Permitted Development
Labour has accussed permitted development rules, which allow office blocks to be converted into residential housing without planning permission, of giving corporations permission to escape their responsibilities to build good quality, safe, affordable housing. Instead of adding to the housing stock slum housing and rabbit hutch flats are being created.
The post Labour would end Permitted Development appeared first on Property118.
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Leak left – Grounds for redress against agent?
About 7 weeks ago, after evicting a non-paying tenant, the agent notified me that there was a slight leak under the sink. I asked them to arrange to get it fixed.
Now, 7 weeks later, I’m told that I need new pipe work
The post Leak left – Grounds for redress against agent? appeared first on Property118.
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Foxtons denies misleading couple about flat they rented
New Letting:
In a practice known as “bait-and-switch� a London couple claim they were show a better flat than the one they ended up with.
As reported in the Sunday
Times, the couple were seeking to rent a flat in Brixton but were signed up
to a different property than the one they viewed. They only realised the error
when they went to try the keys in the door of the flat they expected to occupy,
only to discover the one they had paid for was one floor below.
Foxtons has strenuously denied that they were using the “bait-and-switch�
tactic, one known to have been used in a difficult market, as now, showing a
more desirable property to attract tenants, then substituting it for a lower
grade one.
Tenants Naomi Trent and her husband Anthony Regan claim they
were shown the £1,400 a month two bedroom property in Brixton agents Foxtons, but
after signing a 12 month tenancy agreement and paying £3,500, including the £500
Foxtons fee, the couple were given the keys to a different one.
They discovered the keys did not fit the flat they expected,
but they did fit the one downstairs which was a one-bed flat and poor value for
the £1,400 per month they had paid. They told the Sunday Times:
“The downstairs flat was not what we were looking for at all
and it wasn’t a good deal at £1,400 a month�.
“The agent started badgering us with calls and emails saying
we would lose the flat if we didn’t sign the lease straight away. It all felt
very urgent. … Everything was done through an online portal so we didn’t have
the opportunity to ask questions. It was a standard rental agreement with no
details of how many bedrooms or anything else about the property� they said.
However, Foxtons said the agent was a new staff member and blamed
human error for the mistake.
Foxtons has since returned the couple’s £500 fee and has
given them compensation of £1,500 which they have used as a despot for another flat.
The agent told the Sunday
Times:
“We would like to take this opportunity to again apologise
to Ms Trent and Mr Regan. They were shown around a flat by a new member of
staff.
“The cost, tenancy agreement and paperwork for the one-bed property
the couple initially inquired about were all correct. But, as a result of human
error on our part, the [viewing] was mistakenly for the wrong property.�
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