Landlord Discussion

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Current Lettings Market

From: wnoble@touchbase.co.uk
Date: 23 May 2002
Time: 15:42:58
Remote Name: 194.216.219.177

Comments

I completely agree with the article posted. One of my tenacies was coming to the end of the agreed contract and I tried to increase the rent (had not increased for 3 years) and sign a new 6 months contract with the (excellent) tenant. They promptly refused and ended up moving out. Not the end of the world, however I had real trouble getting in new tenants. After 4 weeks looking, advertising and vetting to get new tenants I eventually found (a less than ideal) couple who signed on the dotted line for less than the previous tenants. Not only have I missed out on a whopping 4.5 weeks rent, I get less rent pcm and have less desirable tenants. My advice is, if the tentants are good, dont even attempt to get a few extra pounds...you may end up regretting it.

Last changed: July 01, 2003