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Better an Empty House Than an Unruly Tenant : A Guide for Landlords.

EBSCOhost Academic eBook Collection (North America) Available online

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EBSCOhost Ebook Public Library Collection - North America Available online

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Format:
Book
Author/Creator:
Jones, Mike.
Contributor:
Gonsalves, Dorian.
Language:
English
Subjects (All):
Real estate investment.
Rental housing.
Physical Description:
1 online resource (227 pages)
Edition:
1st ed.
Place of Publication:
Hook : Waterside Press, 2022.
Summary:
For beginners and seasoned landlords alike, Better An Empty House... is a one-stop guide for landlords and investors, containing true tales of landlords/tenants and dealing with regulation, compliance and Government proposals.
Contents:
Cover
Praise for the book
Copyright and publication details
Contents
Publisher's note
Acknowledgements
About the author
About the author of the Foreword
Foreword
Preface
Dedication
What Type of Landlord Are You?
Type 1: The 'Accidental Landlord'
Type 2: The 'Lucky Landlord'
Type 3: The Property Investor
Conclusion
The Name(s) on the Deeds
Joint Tenants Versus Tenants in Common
Risks Associated with Letting Property
You Aren't Making a Profit
No Demand for the Property
Voids
Rent Default
Tenants Abusing the Property
Fair Wear and Tear
Flood and Fire
Tenants Not Vacating
Distress For Rent Act
Legislation
'Cannabis Farms'
Putting Risks Into Perspective
How to Establish Your Budget
Existing Home Loan
Interest-only Mortgages
Buy-to-let Mortgages
Mortgage Criteria
Interest
Leveraging
So to Your Budget - How Much?
Tenure
Freehold
Leasehold
Shared Ownership
What Tenure is Best for Investment Purposes?
The Grenfell Effect
My Flat in Andover
Sourcing Your Property
Sales Agent
Below Market Value
Auctions
Short Leases
Yield
Rental Expectations
Tenant Profiles
1. First-timers
2. Week-dayers
3. Long-termers
4. Students
5. Sharers
6. Secondees from overseas
7. 'The Happy Tenant'
8. 'Mr Blue-Chip'
9. 'The Tenant from Hell'
Restrictions
Referencing
Finding a Tenant
Discrimination
How Big?
Annexes and Studios
One-bed Apartments/Houses/Maisonettes
Two-bed Apartments/Houses
Three-bed Houses
Four-bed (Plus) Houses
Changing Properties in Order to Let
More on Property Types: Merits and Demerits
More About Annexes
Studios/Flats/Maisonettes/Apartments
Upstairs or Downstairs?
Terraced or Semi-detached?.
Detached Properties
Character Properties
Location
Local Facilities
Population
Schools
Risk of Flooding
Shops, Pubs and Entertainment
Trains, Buses and Taxis
Parking
Access to the National Road Network
The Property Itself
Furnished or Unfurnished?
Décor
Floor Covering
Bathrooms
Kitchens
Washing Machines
Additional Sockets
Lighting
Curtains and Blinds
Television
Heating and Drying
Carbon Monoxide and Smoke Detectors
Windows
The Garden
Driveway and Garages
Loft Spaces
Repairing Obligations
Are You Compromising Any of the Issues in Chapter 13?
Condensation Mould
What is Condensation?
Lifestyle Adjustments
Back to That 1960s House …
My Landlord's Flat
Another Example: This Time Tenant-related
Preparing Your Property for Letting
Inventory, Tenancy Checks and Visits
The Inventory
Check-in
Periodic Visits
Check-out
Insurance
The Building and Its Contents
Liability
Rent Default Insurance
Tenancy Agreements
Lodging Agreement/Licence
Assured Shorthold Tenancy
Contractual Tenancy
Updating Agreements
Renewals
Always Take Advice
Sub-letting: Another Cautionary Note
My Experience of Sub-letting
Marketing
The Folly of Dual Marketing
Asking Too Much
Another Real Life Case
Guaranteed Rent
Deposits
How to Deal With a Deposit
Deposit Schemes
What is the Deposit For?
An Example of Landlord Who Was 'Caught Out'
How Much Should the Deposit Be?
Lifetime Deposits
Deposit Deduction Disputes
My Show Home Landlord
The Lottery that is Arbitration
An Extreme Example of Woe
The Law of Landlord and Tenant
Homes (Fitness for Human Habitation) Act 2018
A Common Often Overlooked Example
GDPR and the Information Commissioner.
Registration of Landlords
Retaliatory Eviction and the Deregulation Act 2015
Right to Rent
Gas Safety (Installation and Use) Regulations 1996/1998
Electrical Equipment Regulations
Fire Safety of Furniture and Furnishings
Legionella
Non-Resident Tax
Minimum Energy Efficiency Standard (MEES)
The Government White Paper
Expert Advice
Selecting an Agent
Questions to Ask Agents
To Bear in Mind If Thinking of 'Going it Alone'
Epilogue
Index
Back cover.
Notes:
Description based on publisher supplied metadata and other sources.
Part of the metadata in this record was created by AI, based on the text of the resource.
ISBN:
9781914603242
1914603249
9781914603259
1914603257
OCLC:
1343247389

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