I noticed an advert for a property available to let on Facebook and recognised it as one that I'd been to see a couple of days before. (By the way, I spent two hours going through the current legislation, potential pitfalls of renting with the landlord of this property) I gave the Landlord a call to see if we could help find a Tenant and he was adamant that he wanted to do it all by himself. I left it at that and carried on with my day ( slightly bemused and feeling a little bit used that two hours of my life had been wasted)
to cut a long story short, the landlord, (I'm going to call him Mr T, short for Timewaster), called me after four months in a state of panic, the call went like this. " Sally, the Tenant hasn't paid rent for three months and he is suing me for not registering his deposit...what should I do?" I really wanted to say, "get lost and sort out your own mess Mr T" but I resisted the temptation. What I actually did was guide him through the process of serving notice, assist him with completing the Court papers, attended the possession court hearing with him & I negotiated with his Tenant to accept a lower compensation for the non -registration of the damage deposit.. What did I charge Mr T for all of this? ...Not one single penny! He has lost enough already in rent arrears, court fees and compensation payments!
Why didn't I charge Mr T for all of the above? Because we now have his property under our management with decent & fully referenced tenants plus he has recommend us to some of his other Landlord friends. Mr T can now relax, safe in the knowledge that his property is being looked after by somebody who knows what they are doing with the expertise and knowledge to deal with over 150 pieces of legislation ( I kid you not)
Imagine having a £200,000 supercar and letting somebody with zero experience drive it, or imagine taking it to a back street mechanic who cut corners.. you just wouldn't do it. Don't do it with your property! as the real Mr T would say "Don't be a fool"
If you have any issues with your Tenants, or your worried that you may have missed something, give me a call and I will try and point you in the right direction. I'm not a Solicitor and can't give legal advice but my extensive knowledge can set you on the right path to a painless tenancy.
All the best, until next time
Sally