Join us FREE, we're FREE to use
Web's largest swingers site since 2006.
Already registered?
Login here
Back to forum list |
Back to The Lounge |
Jump to newest |
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Technically, your mortgage company may need to know and they may adjust the interest rate. You also need to make sure your insurance coverage allows for rental......and of course you need to consider tax. It ain't always easy..." I'm just weighing up the options, I've got the chance to take on an engineering apprenticeship. But quite a significant wage drop will come with it probably about a 20k drop so keeping the house is looking unlikely hence the idea of renting it out for a year or two | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"also if you get a bad tenant you may not be able to pay the mortgage if you arnt getting paid also the matter of getting them out can be worse as you could end up with a trashed house weather they are a person that works or not they aint all bad so its always a risk in the end if you decide to rent it out if you rent it out a couple of things are needed a gas safe record for your property of all gas appliances and firealarms should be fitted to the property its just an extra precaution " That's where it is important to get references from previous landlords or get a managing agent to do it for you.... | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"7% of all tenancies are in rent arrears (shelter website) be careful" If you think of how many private rent in this country 7% is a drop in the ocean | |||
Reply privately | Reply in forum | Reply +quote |
"all the advice above is bollox " very strange comment to say i actually work for a good number of landlords that own loads of flats i have seen the run of the mill in entering these buildings for repairs ive also had to change the locks on many a flat and a house as the tenants have been evicted from the property and theres hardly anything left in them walls have been holed to hell, kitchen sink ripped off the wall, baths smashed and floors ripped up yes some of this may seem extreme but it does happen and they can be the smartest of people to the usual crowd that rent a property the last tenant to be got out was someone it took 6 months to get out she trashed the whole house and kept the housing payment to themselves you can pay to get a bad tenant out it costs 500.00 for a 24 hr eviction less if a normal eviction needs to be done like i said theres plenty of good and bad tenants out there | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"all the advice above is bollox you should tell the lender, they will unlikely charge you any more interest and will probably give permission to let, sometimes a small admin fee may be charged." Legal financial advisor here | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
Post new Message to Thread |
back to top |