Looking at setting up a company and buying properties with a director loan.
Has anyone been doing something similar? What are the catches I could be unaware of? How much interest do you charge the company? Thanks
Tenant has been in the property for 2.5 years. She paid on time for 1 year and mostly on time for another six months. She never paid on time for the past 12 months but was never too substantially late, usually able to clear the debt in around a month’s time.
In the past I have never threatened eviction and have always forgiven any interest allowed under the law and the tenancy agreement. Just be clear she doesn’t usually tell me in advance rent will be late I have to ask for it. This month she didn’t pay rent and told me she’s on holiday in east asia with the kids and have proposed the following payment plan after chasing. When I asked for her payment plan initially she said she’s not even in arrears and I will have to wait six months to bring her to court. I advised her there’s ground 10 and 11 eviction and she replied “Please send the official notice if this is the route you wish to take and I will ask my solicitor to contact you thereafter”
Part of me thinks she’s worth more than the risk but part of me don’t want the hassle. How would other landlords deal with this? Should I evict her for always late on paying rent but not usually more than a month?
Property is well maintained and rent is at market rate.
Thanks
I understand adding shutters requires planning permission and it’s usually not worth the fuss. However I still struggle to think of a good reason why it is not widely installed in new builds. Is it planning or is it developers saving the few quid?
Purely hypothetical, there are obviously some reasons this could not be done, but what if I remove the MVHR and connect the ducts with a portable AC like this?
For people living in flats is the charging situation? Anyone here manage to get their own charger or something that doesn’t cost much more than home charging? I’m looking at buying a new flat but not sure is it worth paying attention getting a charger or just give up.
Can TFL or councils or whoever is in charge please retune the traffic lights? I drive, take public transport and also cycle. In general I have no problems with 20mph zones, but please for heavens sake if I follow the speed limit all I get is red light after red light. If I go 25mph I get way more green lights. Clearly the traffic lights sequences are designed for 30mph. Please could the traffic lights stop punishing people who follow the speed limit.
The Environmental Mr Miliband is looking to have a new job soon. In general I dislike this guy but I have to give him credit for introducing plug in balcony solar. However there’s a massive bug with the project, it is meant to target renters living in flats; but most flats are leaseholds that have clauses banning solar. Would people be interested in writing to the Energy secretary and asking him to consider changing the law that freeholders cannot unreasonably refuse plug in solar? I don’t want to pay £500 to bribe my freeholder just to put up two panels.
I was reading another post talking about heating their bath with a heat pump. It got me thinking why don’t warmer countries in Middle East and South East Asia heat their swimming pool with the heat pump and hang the cool external unit indoor for cooling?
Hi just bought a new flat, it’s an auction so didn’t have much time to fully diagnose the place before exchange. These are the covered sockets I found on one wall, there are many more and roughly about one useful sockets to one covered.
Why are there so many covered sockets? Anything I could do about it to make it look better? Thanks?
I’m not a plumber or tradesman just interested in getting a heat pump. I understand heat pumps have lower temperatures thus need bigger radiators. The heat survey assumes an external temperature of -3c which is rare in southern parts of this country, for example I live in London and getting under 5c is rare even at January 4am.
If the radiator sizes are not too far off wouldn’t it be ideal to keep the original radiators, add a radiator booster fan and only turn it on when it’s actually subzero? My understanding is fans can add 50% heating power to the same radiator and I have never heard of anyone getting fans everyone just go straight to new and bigger radiators.
Cheers