I just rented out my flat - Council bribed me
Discussion
Puzzles said:
The council force them to stay until the bitter end, hardly a surprise some struggle to rent is it.
A recent applicant said they had a guarantor. "Great, we'll take you" we said.
The next day the applicant said "my guarantor wants a copy of the AST, gas safety cert, electrical safety cert, EPC"
"Is this the council?" we asked.
"Yes".
"NEXT!"
Not a legal person but ran a property co for 25years.
All guarantors must see the tenancy before signing the guarantor form and best practice have the guarantor worded as signed as “a deed” also ask them to upload a copy of their mortgage statement or copy of land reg and passport (compare signatures)
I used to like posting out by proof of postage so the address always relates to the address on the guarantor form, Also I close a SAE as amazing how lazy people are.
The actual tenancy can be signed online with something like docusign.
Best practice put them thru the same referencing company as the tenant and nothing happens on a promise after all your handing them a property worth 100’s of thousands.
Any issues or the tenants trying to rush you and they don’t get in and always blame your insurance company.
I personally didn’t take HB or UC but I do know by law if the tenant/s is in 8 weeks arrears you or the agent can insist the council pays the rent direct to yourself or agent.
I’m glad I’m out of the game as certainly the tenants have more rights over the property than you the owner, I sometimes wonder if the government/council want you to give your car keys to the tenants as well-before you touch your toes.
All guarantors must see the tenancy before signing the guarantor form and best practice have the guarantor worded as signed as “a deed” also ask them to upload a copy of their mortgage statement or copy of land reg and passport (compare signatures)
I used to like posting out by proof of postage so the address always relates to the address on the guarantor form, Also I close a SAE as amazing how lazy people are.
The actual tenancy can be signed online with something like docusign.
Best practice put them thru the same referencing company as the tenant and nothing happens on a promise after all your handing them a property worth 100’s of thousands.
Any issues or the tenants trying to rush you and they don’t get in and always blame your insurance company.
I personally didn’t take HB or UC but I do know by law if the tenant/s is in 8 weeks arrears you or the agent can insist the council pays the rent direct to yourself or agent.
I’m glad I’m out of the game as certainly the tenants have more rights over the property than you the owner, I sometimes wonder if the government/council want you to give your car keys to the tenants as well-before you touch your toes.
Edited by Good Plan Ted on Tuesday 2nd July 07:36
Louis Balfour said:
A recent applicant said they had a guarantor.
"Great, we'll take you" we said.
The next day the applicant said "my guarantor wants a copy of the AST, gas safety cert, electrical safety cert, EPC"
"Is this the council?" we asked.
"Yes".
"NEXT!"
What's your take on the 'Rent Guarantee Insurance'? Did you have to use it, does it work properly ?"Great, we'll take you" we said.
The next day the applicant said "my guarantor wants a copy of the AST, gas safety cert, electrical safety cert, EPC"
"Is this the council?" we asked.
"Yes".
"NEXT!"
Landlords have been warned that thousands of tenants face losing their housing benefit and may struggle to pay the rent as changes brought in by the Department of Work and Pensions (DWP) take effect.
Tax expert and Property Alex Wood says some 184,000 people face losing their benefits including for housing as the DWP migrates hundreds of thousands of claimants from legacy benefits such as Housing Benefit, Jobseeker’s Allowance and Employment and Support Allowances to Universal Credit.
Government figures show that out of 824,050 people who have been migrated over the past 21 months, some 184,000 or 22% have not been moved over and therefore have had or face having their benefits stopped, says Wood. Many of these individuals are likely facing significant challenges, and the DWP must prioritise their well-being over meeting migration targets. The primary goal should be ensuring that no one is left without essential support."
"The DWP's ability to manage the migration of claimants from legacy benefits to Universal Credit is concerning, especially for those vulnerable.”
The problems faced by some tenants could make tenants in receipt of benefits even less attractive to private landlords – a poll late last year found that 43% would not accept this kind of tenant, a practice that Labour has promised to prevent when it resurrects the Tory’s Renters Reform Bill should they win the General Election this week.
Tax expert and Property Alex Wood says some 184,000 people face losing their benefits including for housing as the DWP migrates hundreds of thousands of claimants from legacy benefits such as Housing Benefit, Jobseeker’s Allowance and Employment and Support Allowances to Universal Credit.
Government figures show that out of 824,050 people who have been migrated over the past 21 months, some 184,000 or 22% have not been moved over and therefore have had or face having their benefits stopped, says Wood. Many of these individuals are likely facing significant challenges, and the DWP must prioritise their well-being over meeting migration targets. The primary goal should be ensuring that no one is left without essential support."
"The DWP's ability to manage the migration of claimants from legacy benefits to Universal Credit is concerning, especially for those vulnerable.”
The problems faced by some tenants could make tenants in receipt of benefits even less attractive to private landlords – a poll late last year found that 43% would not accept this kind of tenant, a practice that Labour has promised to prevent when it resurrects the Tory’s Renters Reform Bill should they win the General Election this week.
ooid said:
Louis Balfour said:
A recent applicant said they had a guarantor.
"Great, we'll take you" we said.
The next day the applicant said "my guarantor wants a copy of the AST, gas safety cert, electrical safety cert, EPC"
"Is this the council?" we asked.
"Yes".
"NEXT!"
What's your take on the 'Rent Guarantee Insurance'? Did you have to use it, does it work properly ?"Great, we'll take you" we said.
The next day the applicant said "my guarantor wants a copy of the AST, gas safety cert, electrical safety cert, EPC"
"Is this the council?" we asked.
"Yes".
"NEXT!"
I have no experience of the former, but I suspect you’ve got to be very careful with complying with T&Cs and further imagine they could be onerous.
Local authority I do have some experience with, albeit not recent. It was not effective.
Anything whatsoever relating to our local authority we avoid at all costs. Ditto tenants reliant upon UC.
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