Consumer Action Group envelope labels
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Do your Internet search here Reclaim the Right Ltd. - reg.05783665 in the UK
reg. office:- 923 Finchley Road
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NW11 7PE
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Would you like to clean up your credit file? Check it out | | | | | | | Residential and Commercial Lettings This is the place for both Landlords and Tenants to discuss letting issues, and share experiences. | Welcome to The Consumer Action Group and The Bank Action Group
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31st July 2006, 00:02
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#3 (permalink)
| | Platinum Account Customer | Re: Rent increase Hi becka
Like markt said has anyone been to you place to check the gas cooker, central heat, ect each year you have been there and the person doing the check was CORGI reg'ed?.
And is the kitchen unsafe in anyway and do you have a letting company looking after it or do you just deal with him?
Welly  |
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9th August 2006, 23:43
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#8 (permalink)
| | Basic Account Customer | Re: Rent increase Being a landlord myself, afraid I sympathise with yours Becka.
Inflation goes 'up' every year - average 4% (??). Over an average period, so do mortgage payments based on the inflation. Unless he outright owns the property you rent, he has to 'foot the bill'. Even if he does own the property, it's his investment you're taking advantage of..... The increase isn't that much above my 'assumed' inflation rate - obviously changes each year.
Obviously if you feel the landlord isn't maintaining the property as the STA suggests, and he 'unjustly' attempts to raise the rent, you have cause to be annoyed, i.e. because he hasn't changed the kitchen as quick as he'd first hoped doesn't necessarily mean the original kitchen 'needs changing' or is unfit or poorly maintained. My point being, if the property doesn't need improving from your point of view, why must he change or improve it?
Just to let you know, I haven't raised either of my property's rent in the last 3 years - and whatever the circumstances, don't intend to until the houses are vacant again - within reason (15.4% inflation, etc)
Regardless, good luck with your move |
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10th August 2006, 11:17
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#10 (permalink)
| | Platinum Account Customer | Re: Rent increase Quote: |
Originally Posted by Rich44 Another money grabbing thieving landlord I see, I dont know why they think its ok to keep jacking rents up and not doing anything to improve the property  | I have the complete opposite.
Rent hasn't gone up in 6 years. Lease expired after 6 months. Asked for a new kitchen a year go but despite promises nothing has actually materialsied. The flat was decorated last xmas though.
Can't wait to get my own place  |
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10th August 2006, 15:31
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#11 (permalink)
| | Platinum Account Customer | Re: Rent increase Steve mortgage payments are nothing to do with inflation its interest set by the BoE and there are plenty of ways around that for anyone who has a mortgage on a property ie lots of competition.
I dont ask landlords to make a loss or whatever but inflation is actually 2.5% at the moment and has not been anywhere near 3% for some years now. Not to mention that that inflation figure is being boosted by atrificially high house prices so the housing market is actually pushing inflation higher than the actual figure, also current fuel and gas prices are also in the mix.
Inflation as far as I can see has no bearing on a landlord at all apart from the normal increase of any materials for maintaining or repairing a property and of course maintaining a profit margin (which is again fine).
What is not fine is stupid increases in rent because the housing market is so high at the moment and as there is more demand for properties landlords take the op to increase their rents "as the house is worth more" not because anything has been done intrinsically to do so.
Ultimately the problem with the housing market is too many properties owned by too few, not just landlords but the 2nd home in the coutry brigade (come to norfolk in the winter and see how bad it is).
Increasing the rent by 3% as per the initial rent increase is fine but over 5% the following year for no work really done is not really on and from the sounds of it he's just doing it because these other places have gone up and been rented out for that amount so he wants the same. Quote: |
He explained that he's put it up so much so in 6 months time it'll be in line with rents in the area (although it'll be slightly higher to begin with)
| So why not put it up to what it should be in 6 months time rather than whack it up now and make a huge profit out of it, not to mention who says rents will be that in 6 months time, the housing market could collapse tomorrow then it wouldnt be worth that at all. |
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18th September 2007, 02:28
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#15 (permalink)
| | Classic Account Customer | Re: Rent increase What is it with landlords? They always seem to try keep the deposits.
Only once did I rent a house (prior to moving into home i bought) and funny enough, the landlord advised me she was withholding £140.00 of my deposit.(though its worth mentioning I paid full 6 months rent plus deposit in one go).
I called her bluff and said, I had heard how she always withheld her tenants deposits therefore I had allocated £10,000 of my savings for legal fees.
She soon paid me back the full amount  |
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